Craftsman
100 W Club Blvd, Durham, NC 27704
For Sale
New
$285,000
Two separate residences offer one- and two-bedroom layouts, with two parking spaces at the rear.
Property Size1,532 SF
Price / SF$186.03
Days on Market4
Property Features for 100 W Club Blvd
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Highway Access
Road Access
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Buildings
Stories
Construction
Listing Agency:
Berkshire Hathaway HomeService
Listed By:
Ian Kipp · License #268085
(919) 313-3445
Source:
Searchhomesinnorthcarolina
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 5:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeService
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Investment Insights
Based on property information with market context.
Built in 1939, this 1,532-square-foot duplex pairs two distinct living spaces in a Craftsman bungalow. The left-side residence has one bedroom and a living room, dining room, and kitchen arranged in a shotgun layout. The right-side unit includes large living and dining rooms, an eat-in nook, a rear kitchen, and two upstairs bedrooms with closets. Original wood floors, doors, moldings, windows, pine siding, and plaster walls remain. Heating is provided by gas stoves, with window units for air conditioning; the vintage bathroom includes a cast-iron claw-foot tub.
The corner property is at 100 W Club Blvd in Durham, with two parking spaces behind the building and driveway access from Farthing Street. Northgate Park and several retail, restaurant, and service options are within walking distance. I-85 Exit 177 is also nearby.
The corner property is at 100 W Club Blvd in Durham, with two parking spaces behind the building and driveway access from Farthing Street. Northgate Park and several retail, restaurant, and service options are within walking distance. I-85 Exit 177 is also nearby.
Key Highlights
- 1,532‑square‑foot duplex built in 1939
- Two residences: one‑bedroom and two‑bedroom layouts
- Two rear parking spaces; driveway access from Farthing Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,155
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,100
$263.1K
Cap Rate 7%
$187,929
$187.9K
Cap Rate 9%
$146,167
$146.2K
Market Conditions
NOI Build-Up for 1,532 SF
Gross rent
$21.1K $13.80/SF
− Vacancy
−$2.3K −$1.53/SF
EGI
$18.8K $12.27/SF
− OpEx
−$5.6K −$3.68/SF
NOI
$13.2K $8.59/SF
Area
Durham, NC
Vacancy
11.11%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,100
Cap Rate 7%
$187,929
Cap Rate 9%
$146,167
Alternative Uses
Best Use
Multifamily LT 5
$187.9K
$164.4K – $219.3K
NOI $13,155 @ 7.0% cap · market cap 4.62%
Second Best
Apartment 5plus
$164.5K
$144.0K – $192.0K
NOI $11,517 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$494.7K
$432.9K – $577.2K
NOI $34,629 @ 7.0% cap · market cap 12.15%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
Explore this area
Business Placement
Demographics for 27704, NC
39,532
Population
16,824
Households
2.3
Avg Household Size
36
Median Age
33%
College-Educated
85%
High-School Grad
41.4 sq mi
ZIP Area
955
Density / Sq Mi
$62,435
Median Household Income
$36,955
Median Earnings
$1,306
Median Rent
$270,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Durham, NC
Properties on Market for Duplexes in Durham
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer one- and two-bedroom layouts, with two parking spaces at the rear.
Where is this duplex located?
The property is located at 100 W Club Blvd Durham, NC.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 1,532‑square‑foot duplex built in 1939; Two residences: one‑bedroom and two‑bedroom layouts; Two rear parking spaces; driveway access from Farthing Street
