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Remodeled Quadplex
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1111 Alma St, Durham, NC 27703

Four residential units offer updated interiors, air conditioning, and ample on-site parking.

Property SizeContact for details
Days on Market145

Property Features for 1111 Alma St

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Amenities

AC
Listing Agency: Reformation Asset Management
Listed By: Charles Bulthuis · License #NC 277702
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 11:56AM

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 Reformation Asset Management

Investment Insights

Based on property information with market context.

This four-unit residential property includes a consistent layout across all units, with 2 bedrooms and 1 bathroom in each. The interiors were remodeled within the last few years, and every unit includes AC. Ample parking is provided on the large corner lot.

The property is near downtown Durham and within walking distance of East Village. The surrounding area includes ongoing remodeling and new construction of single-family homes. Most leases are in holdover status, and the property has an established tenant base with stabilized rents.

Key Highlights

  • Four‑unit residential property with 2 bedrooms and 1 bathroom per unit
  • Interiors remodeled within the last few years
  • AC provided in all units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Bakery Skin Care Clinic (Bike/Boat/Book/etc) Store

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

652
Businesses Nearby

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

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?
Quadplex - Four residential units offer updated interiors, air conditioning, and ample on-site parking.
Where is this quadplex located?
The property is located at 1111 Alma St Durham, NC.
What are key features of this property?
This property features: Four‑unit residential property with 2 bedrooms and 1 bathroom per unit; Interiors remodeled within the last few years; AC provided in all units
(919) 452-4833 Call to check price and availability
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