1109 Eva Street, Durham, NC 27703
MULTI_FAMILY - Durham, NC
Property Features for 1109 Eva Street
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
Exterior details include fenced yard(s). Parking is provided with a driveway and gated access. Appliances listed include an electric range, electric water heater, and microwave.
Construction features include fiber cement and HardiPlank-type materials, with vinyl flooring. Cooling is central air with electric service. Water and sewer are public, and the roof is asphalt shingle.
Built in 2025, this duplex is located at 1109 Eva Street in Durham, NC (27703), with proximity noted to downtown Durham and major access routes.
Key Highlights
- Side‑by‑side two‑story duplex under construction
- Planned 3 bedrooms and 2.5 bathrooms per unit
- Fully fenced backyard plus private rear deck and porch
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.9k | $13.80 |
| − Vacancy | −$4.7k | −$1.53 |
| EGI | $37.2k | $12.27 |
| − OpEx | −$11.2k | −$3.68 |
| NOI | $26.1k | $8.59 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 27703, NC
Market
Vacancy Rate% for Multifamily in South region