Two-Unit Duplex with Original
1101 Eva Street, Durham, NC 27703
For Sale
$260,000
Residential Income, Durham, NC
Property Size2,208 SF
Lot Size0.14 Acres
Price / SF$117.75
Days on Market61
Property Features for 1101 Eva Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Subdivision
Elementary school
Middle school
High school
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Nest Realty of the Triangle
(919) 493-8383
Listed By:
Lea Soray Christofferson
(919) 998-9951
Added: Sep 10
Changed: Nov 7
Last Checked: Nov 9 at 7:06AM
MLS# 10191933
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.
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Investment Insights
Based on property information with market context.
This 1930 duplex contains two separate residences, each configured with two bedrooms and one and a half bathrooms. The 2,208-square-foot building includes high ceilings, large windows, and original architectural elements. One unit has an updated bathroom, neutral finishes, a spacious kitchen, and multiple flexible rooms; it is described as ready for occupancy. The property sits on a 0.14-acre lot and is zoned R-3.
Public water and sewer serve the property. Exterior materials include vinyl and wood siding, with a shingle roof. Heating is natural gas, and cooling is listed as gas.
Public water and sewer serve the property. Exterior materials include vinyl and wood siding, with a shingle roof. Heating is natural gas, and cooling is listed as gas.
Key Highlights
- Two vacant units, each with 2 bedrooms and 1.5 bathrooms
- 2,208‑square‑foot duplex on a 0.14‑acre lot
- One unit features an updated bathroom, neutral finishes, and a spacious kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,960
Cap Rate
7.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,200
$379.2K
Cap Rate 7%
$270,857
$270.9K
Cap Rate 9%
$210,667
$210.7K
Market Conditions
NOI Build-Up for 2,208 SF
Gross rent
$30.5K $13.80/SF
− Vacancy
−$3.4K −$1.53/SF
EGI
$27.1K $12.27/SF
− OpEx
−$8.1K −$3.68/SF
NOI
$19.0K $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%
$379,200
Cap Rate 7%
$270,857
Cap Rate 9%
$210,667
Alternative Uses
Best Use
Multifamily LT 5
$270.9K
$237.0K – $316.0K
NOI $18,960 @ 7.0% cap · market cap 7.29%
Second Best
Apartment 5plus
$237.1K
$207.5K – $276.7K
NOI $16,599 @ 7.0% cap · market cap 6.38%
Theoretical Best
Office A
$713.0K
$623.9K – $831.8K
NOI $49,909 @ 7.0% cap · market cap 19.20%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
595
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Business Placement
Demographics for 27703, NC
61,539
Population
27,122
Households
2.3
Avg Household Size
36
Median Age
45%
College-Educated
88%
High-School Grad
49.1 sq mi
ZIP Area
1,253
Density / Sq Mi
$86,953
Median Household Income
$51,462
Median Earnings
$1,469
Median Rent
$340,500
Median Home Value
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Market
Average Price Trend$/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 - Both residences are vacant, and one has updated interiors and is ready for occupancy.
Where is this duplex located?
The property is located at 1101 Eva Street Durham, NC.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two vacant units, each with 2 bedrooms and 1.5 bathrooms; 2,208‑square‑foot duplex on a 0.14‑acre lot; One unit features an updated bathroom, neutral finishes, and a spacious kitchen
