Duplex with Granite
For Sale
$320,000
1109 Juniper St, Durham, NC 27701
Two-unit property suited to owner occupancy with rental income from the second residence.
Property Size1,344 SF
Price / SF$238.10
Days on Market53
Property Features for 1109 Juniper St
General Information
Standard status
Active
Size
1,344 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1950
Listing Agency:
Northside Realty Inc.
Listed By:
Stephanie Anson · License #270558
(407) 252-8240
Source:
Bonniestrowd
Added: Aug 14
Changed: Oct 3
Last Checked: Oct 4 at 2:25PM
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 Northside Realty Inc.
Investment Insights
Based on property information with market context.
This 1,344-square-foot duplex offers a two-unit configuration with a bright interior layout. The kitchen features granite countertops and stainless steel appliances, providing established finishes within the residential income property.
The property is currently occupied and is positioned near NCCU, Duke, and Downtown Durham. Its layout supports an owner-occupant arrangement with the potential to lease the other unit, subject to applicable requirements and existing tenancy.
The property is currently occupied and is positioned near NCCU, Duke, and Downtown Durham. Its layout supports an owner-occupant arrangement with the potential to lease the other unit, subject to applicable requirements and existing tenancy.
Key Highlights
- Duplex configuration with two residential units
- 1,344 square feet of property size
- Kitchen includes granite countertops and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,541
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$230,820
$230.8K
Cap Rate 7%
$164,871
$164.9K
Cap Rate 9%
$128,233
$128.2K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$18.5K $13.80/SF
− Vacancy
−$2.1K −$1.53/SF
EGI
$16.5K $12.27/SF
− OpEx
−$4.9K −$3.68/SF
NOI
$11.5K $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%
$230,820
Cap Rate 7%
$164,871
Cap Rate 9%
$128,233
Alternative Uses
Best Use
Multifamily LT 5
$164.9K
$144.3K – $192.4K
NOI $11,541 @ 7.0% cap · market cap 3.61%
Second Best
Apartment 5plus
$144.3K
$126.3K – $168.4K
NOI $10,104 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$434.0K
$379.7K – $506.3K
NOI $30,379 @ 7.0% cap · market cap 9.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
762
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property suited to owner occupancy with rental income from the second residence.
Where is this duplex located?
The property is located at 1109 Juniper St Durham, NC.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Duplex configuration with two residential units; 1,344 square feet of property size; Kitchen includes granite countertops and stainless steel appliances
