Duplex with Hardwood
For Sale
$334,000
1019 Sedgefield Street, Durham, NC 27705
Residential Income, Durham, NC
Property Size1,170 SF
Lot Size0.16 Acres
Price / SF$285.47
Days on Market298
Property Features for 1019 Sedgefield Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 2
Parking features
Driveway, On Street
Security features
Security System
Window features
Blinds
Patio and Porch features
Porch
Interior features
Bathtub/Shower Combination
Fencing
Fenced
Appliances
Electric Range, Refrigerator, Washer/Dryer
Subdivision
Not in a Subdivision
Standard status
Active
APN
0822-44-4381
Size
1,170 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
The Suburban L&P Co/Blk:2 8/Prop-Dennis W J/Lt#17 Pl:00005A-000041
Tax Annual Amount
3342
Legal Description
The Suburban L&P Co/Blk:2 8/Prop-Dennis W J/Lt#17 Pl:00005A-000041
Utilities
Sewer type
Public Sewer
Heating system
Central, Heat Pump (Heating), Electric (Heating)
Cooling system
Heat Pump, Central Air, Electric
Water source
Public
Amenities
hardwood floors
central HVAC
front porch
fenced-in back yard
washer/dryer
fridge
stove
Building Details
Year built
1920
Floors in Building
1
Number of units
2
Flooring type
Hardwood
Roof type
Shingle
Listing Agency:
Frasher Whaley Realty Group
(919) 794-3233
Listed By:
John Whaley · License #262351
(919) 475-3891
Added: Dec 11, 2025
Changed: Sep 14
Last Checked: Oct 5 at 4:06PM
MLS# 10136743
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1920, this 1,170-square-foot duplex sits on a 0.16-acre lot in Durham. Both units are leased through 2027 and include hardwood flooring, central HVAC, and electric service. Each unit is equipped with a washer/dryer, refrigerator, and electric range. The property also offers a front porch, fenced backyard, driveway, and on-street parking.
Located at 1019 Sedgefield Street, the property is a few blocks from Duke and the Broad and 9th streets area, with downtown Durham less than two miles away. Public water and public sewer serve the property. Showings are available by appointment only.
Located at 1019 Sedgefield Street, the property is a few blocks from Duke and the Broad and 9th streets area, with downtown Durham less than two miles away. Public water and public sewer serve the property. Showings are available by appointment only.
Key Highlights
- Both units leased through 2027
- 1,170 SF duplex on a 0.16‑acre lot
- Hardwood flooring and central HVAC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,047
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,940
$200.9K
Cap Rate 7%
$143,529
$143.5K
Cap Rate 9%
$111,633
$111.6K
Market Conditions
NOI Build-Up for 1,170 SF
Gross rent
$16.1K $13.80/SF
− Vacancy
−$1.8K −$1.53/SF
EGI
$14.4K $12.27/SF
− OpEx
−$4.3K −$3.68/SF
NOI
$10.0K $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%
$200,940
Cap Rate 7%
$143,529
Cap Rate 9%
$111,633
Alternative Uses
Best Use
Multifamily LT 5
$143.5K
$125.6K – $167.5K
NOI $10,047 @ 7.0% cap · market cap 3.01%
Second Best
Apartment 5plus
$125.7K
$110.0K – $146.6K
NOI $8,796 @ 7.0% cap · market cap 2.63%
Theoretical Best
Office A
$377.8K
$330.6K – $440.8K
NOI $26,446 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,228
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two leased units feature central HVAC, electric appliances, a front porch, and a fenced rear yard.
Where is this duplex located?
The property is located at 1019 Sedgefield Street Durham, NC.
What is the asking price?
The asking price for this property is $334,000.
What are key features of this property?
This property features: Both units leased through 2027; 1,170 SF duplex on a 0.16‑acre lot; Hardwood flooring and central HVAC
