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Three-Unit New Construction Condo Portfolio
For Sale
$902,000

1103 Camden Ave, Durham, NC 27701

New-construction condominium portfolio with contemporary finishes and no rental restrictions in HOA documents.

Property Size3,120 SF
Price / SF$289.10
Days on Market25

Property Features for 1103 Camden Ave

General Information

Standard status Active
Size 3,120 SF
Total Parking Spaces 6
Property subtype Residential Income

Units

Unit Mix 2 x 2BR/2BA, 1 x 3BR/2.5BA
Multifamily Units 3

Additional Details

Asking Price $902,000

Taxes and HOA fees

Annual Taxes $2,408

Building Details

Buildings 2
Listing Agency: Compass -- Raleigh
Listed By: Johnny Chappell · License #267248
Source: Exprealty
Added: Sep 1 Changed: Sep 17 Last Checked: Sep 24 at 4:50PM

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 Compass -- Raleigh

Investment Insights

Based on property information with market context.

This multifamily portfolio comprises three newly constructed condominium residences distributed across two buildings within Canopy Crossings. The offering includes both homes in the two-unit building at 1107 Camden Avenue, along with 1103A Camden Avenue in a neighboring structure. Units 1107A and 1107B each contain 792 square feet, two bedrooms, and two bathrooms. The 1103A residence provides 1,536 square feet, three bedrooms, and 2.5 bathrooms. Across the portfolio, the properties total 3,120 square feet, seven bedrooms, 6.5 bathrooms, and six dedicated parking spaces.

The residences feature contemporary finishes, modern architectural detailing, and designed layouts. HOA documents contain no rental restrictions. Canopy Crossings is situated in the Duke Park area near Downtown Durham and Duke University, with nearby employment, dining, and entertainment destinations identified in the property information.

Key Highlights

  • Three new‑construction condos across two buildings
  • 3,120 square feet with 7 bedrooms and 6.5 bathrooms
  • 1107A and 1107B each offer 792 square feet, 2 bedrooms and 2 bathrooms

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Skin Care Clinic Pharmacy

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

450
Businesses Nearby

Demographics for 27701, NC

25,208
Population
13,409
Households
1.9
Avg Household Size
34
Median Age
50%
College-Educated
85%
High-School Grad
5.2 sq mi
ZIP Area
4,848
Density / Sq Mi
$66,852
Median Household Income
$47,681
Median Earnings
$1,279
Median Rent
$457,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Multifamily property - New-construction condominium portfolio with contemporary finishes and no rental restrictions in HOA documents.
Where is this multifamily property located?
The property is located at 1103 Camden Ave Durham, NC.
What is the asking price?
The asking price for this property is $902,000.
What are key features of this property?
This property features: Three new‑construction condos across two buildings; 3,120 square feet with 7 bedrooms and 6.5 bathrooms; 1107A and 1107B each offer 792 square feet, 2 bedrooms and 2 bathrooms
More about this property
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