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    203 Cherry Grove St Durham, NC 27703

    Sponsored
    For Sale
    Pending
    $259,900

    MULTI_FAMILY - Durham, NC

    Property size:
    1,500 SF
    Lot size:
    0.22 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 7 at 4:06 am

    Property Features for 203 Cherry Grove St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 1
    Bedrooms
    4
    Bathrooms
    2
    APN
    112631
    Size
    1,500 SF
    Lot size
    0.22 Acres

    Utilities

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

    Building Details

    Year built
    1972
    Floors in Building
    1
    Number of units
    4
    Building materials
    Brick
    Roof type
    Shingle

    The Property Firm, LLC (919) 730-6313 [email protected]

    Listing agent Quinton Morris (919) 730-6313

    Listing date Jan 5, 2026

    MLS# 10131356 Listing URL

    Copyright © 2026 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 Multifamily Investment Opportunity

    This multifamily property is located near downtown Durham. The property is suitable as an investment opportunity. It offers possibilities to occupy one side and generate lease income on the other. The lot size is 0.22 acres and the property size is 1500 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    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
    -78.879604
    Latitude
    35.987001

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    FAQs

    What type of property is this?
    Quadplex - Multifamily property near downtown Durham with income potential.
    Where is this quadplex located?
    The property is located at 203 Cherry Grove St Durham, NC.
    What is the asking price?
    The asking price for this property is $259,900.
    What are key features of this property?
    This property features: - Investment property with income potential.; - Located near downtown Durham.; - Solid brick construction.
    (919) 730-6313
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    203 Cherry Grove St Durham, NC 27703
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    Durham, NC 27703
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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
    203 Cherry Grove St Durham, NC 27703
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