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Two-Unit Updated Duplex
For Sale
$340,000

1008 Alabama Ave, Durham, NC 27705

Two one-bedroom residences include an updated leased unit and a vacant unit for occupancy or renovation planning.

Property Size1,008 SF
Price / SF$337.30
Days on Market93

Property Features for 1008 Alabama Ave

General Information

Standard status Active
Size 1,008 SF
Property subtype Residential Income

Units

Unit Mix 2 x 1BR
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,429

Building Details

Buildings 1
Listing Agency: Deaton Investment Real Estate
Listed By: Thomas Furlow · License #222598
Source: Exprealty
Added: May 9 Changed: Aug 9 Last Checked: Aug 9 at 5:29PM

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 Deaton Investment Real Estate

Investment Insights

Based on property information with market context.

This 1,008-square-foot duplex contains two one-bedroom units. One residence has been updated and is currently leased through Aug-26, while the other is vacant. The separate living arrangements support either continued rental use or an owner-occupant setup with one unit available for occupancy and the other producing income.

The property is located on Alabama Avenue in Durham’s Old West Durham neighborhood. Its setting offers proximity to Downtown Durham, Duke University, and major employment centers. Nearby infill construction and residential renovation activity are also identified in the surrounding area.

Key Highlights

  • 1,008‑square‑foot duplex with two one‑bedroom units
  • One unit has been updated and is leased through Aug‑26
  • Second unit is vacant and available for occupancy or renovation

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Furniture & Home Goods Electrical Service Carpet & Flooring Store Kitchen & Bath Showroom Plumbing Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,048
Businesses Nearby

Demographics for 27705, NC

50,472
Population
24,108
Households
2.1
Avg Household Size
34
Median Age
62%
College-Educated
91%
High-School Grad
42.1 sq mi
ZIP Area
1,199
Density / Sq Mi
$71,153
Median Household Income
$43,138
Median Earnings
$1,422
Median Rent
$398,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two one-bedroom residences include an updated leased unit and a vacant unit for occupancy or renovation planning.
Where is this duplex located?
The property is located at 1008 Alabama Ave Durham, NC.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 1,008‑square‑foot duplex with two one‑bedroom units; One unit has been updated and is leased through Aug‑26; Second unit is vacant and available for occupancy or renovation
More about this property
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