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    1505 N Hyde Park Ave Durham, NC 27701

    For Sale
    $195,000

    MULTI_FAMILY - Durham, NC

    Property size:
    1,232 SF
    Lot size:
    0.10 Acres
    Days on Market:
    53
    Last Refresh:
    Dec 11 at 8:06 am

    Property Features for 1505 N Hyde Park Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 1, Basement, Bedroom 2, Bathroom 2
    Bedrooms
    4
    Bathrooms
    2
    APN
    0831-75-1215
    Parking features
    On Street
    Patio and Porch features
    Porch
    Basement
    Crawl Space
    Size
    1,232 SF
    Lot size
    0.10 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Cooling system
    Window Unit(s), Wall/Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1940
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Vinyl
    Building materials
    Wood Siding
    Roof type
    Shingle

    Urban Durham Realty (919) 291-2318 [email protected]

    Listing agent Mariana A Byrd (919) 699-0899

    Listing date Oct 20, 2025

    Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Durham Duplex with Long-Term Tenants

    This duplex in Durham, North Carolina, features two units, each with two bedrooms and one bathroom. The property is currently occupied by long-term tenants who are interested in remaining. Gutters were installed in 2021. In 2022, the interior of Unit B was painted, and the tenants expanded the back deck without a railing. The entire lot is located within a flood plain, necessitating flood insurance. A 2021 inspection revealed termite tunnels and inactive powder post beetles in the crawl space, which have not been treated. The property is situated near Drew/Granby Park, providing access to the R Kelly Bryant Bridge Trail, as well as East End Park and Long Meadow Park, which feature splash pads and a pool. The property size is 1232 square feet and the lot size is 0.1 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.881934
    Latitude
    36.001019

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    FAQs

    What type of property is this?
    Duplex - Two-unit duplex with long-term tenants near local parks.
    Where is this duplex located?
    The property is located at 1505 N Hyde Park Ave Durham, NC.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: - Enjoy the porch.; - Investment opportunity with existing tenants.; - Proximity to Drew/Granby Park, R Kelly Bryant Bridge Trail, East End Park & Long Meadow Park with splash pads and pool.
    (919) 699-0899
    Request Owner's contact information
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    Durham, NC 27701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1505 N Hyde Park Ave Durham, NC 27701
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