Renovated Duplex with Separate
For Sale
$410,000
1107 Worth Street, Durham, NC 27701
Residential Income, Durham, NC
Property Size1,600 SF
Lot Size0.13 Acres
Price / SF$256.25
Days on Market161
Property Features for 1107 Worth Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-3
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 1
Parking features
Offsite, Driveway, Off Street
Appliances
Free-Standing Electric Oven, Free-Standing Refrigerator, Microwave, Refrigerator, Water Heater
Subdivision
Golden Belt Mfg Company
Elementary school
Durham - W G Pearson Elementary
Middle school
Durham - Brogden Middle
High school
Durham - Riverside High
Standard status
Active
APN
PIN # 0831-34-3909
Size
1,600 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Golden Belt Mfg Co/1107 Worth St Golden Belt/Hd Pl:00028A-000016
Tax Annual Amount
3812
Legal Description
Golden Belt Mfg Co/1107 Worth St Golden Belt/Hd Pl:00028A-000016
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating), Heat Pump (Heating)
Cooling system
Heat Pump, Central Air
Water source
Public
Amenities
in-unit laundry hookups
Building Details
Year built
1984
Floors in Building
2
Number of units
2
Flooring type
Vinyl
Building materials
Masonite, Vinyl Siding
Roof type
Shingle
Listing Agency:
ParkCity Realty LLC
(919) 791-5589
Listed By:
Steve Huang
(984) 328-3387
Added: Apr 29
Changed: Sep 15
Last Checked: Oct 6 at 10:06PM
MLS# 10163504
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.
This duplex contains two separate residences totaling 1,600 square feet, with each unit measuring approximately 800 SF and offering two bedrooms and one full bathroom. Renovation work completed in 2022 added modern kitchens with cabinetry, granite countertops, stainless steel appliances, luxury vinyl plank flooring, and laundry hookups within each unit. Separate HVAC systems serve the residences, with central air and heat pump equipment. The property also includes driveway and off-street parking, public water and sewer, a shingle roof, and no HOA.
Located in Durham’s Golden Belt District, the property is approximately 8 minutes from Duke University and 5 minutes from downtown Durham. Two breweries are within walking distance. R-3 zoning and the two-unit configuration support its residential income property classification, while one unit is ready for occupancy and the other has a month-to-month tenant.
Located in Durham’s Golden Belt District, the property is approximately 8 minutes from Duke University and 5 minutes from downtown Durham. Two breweries are within walking distance. R-3 zoning and the two-unit configuration support its residential income property classification, while one unit is ready for occupancy and the other has a month-to-month tenant.
Key Highlights
- Two‑unit duplex totaling 1,600 square feet on a 0.13‑acre lot
- Each unit is approximately 800 SF with 2 bedrooms and 1 full bathroom
- Renovated in 2022 with updated kitchens, LVP flooring, and laundry hookups
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,739
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,780
$274.8K
Cap Rate 7%
$196,271
$196.3K
Cap Rate 9%
$152,656
$152.7K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$22.1K $13.80/SF
− Vacancy
−$2.5K −$1.53/SF
EGI
$19.6K $12.27/SF
− OpEx
−$5.9K −$3.68/SF
NOI
$13.7K $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%
$274,780
Cap Rate 7%
$196,271
Cap Rate 9%
$152,656
Alternative Uses
Best Use
Multifamily LT 5
$196.3K
$171.7K – $229.0K
NOI $13,739 @ 7.0% cap · market cap 3.35%
Second Best
Apartment 5plus
$171.8K
$150.4K – $200.5K
NOI $12,029 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$516.7K
$452.1K – $602.8K
NOI $36,166 @ 7.0% cap · market cap 8.82%
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
992
Businesses Nearby
Explore this area
Business Placement
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
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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 updated residences near Duke University and downtown Durham, with private HVAC systems and in-unit laundry hookups.
Where is this duplex located?
The property is located at 1107 Worth Street Durham, NC.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,600 square feet on a 0.13‑acre lot; Each unit is approximately 800 SF with 2 bedrooms and 1 full bathroom; Renovated in 2022 with updated kitchens, LVP flooring, and laundry hookups
