18-Unit Apartment
For Sale
Contact for pricing
1113-1119 Gurley Street, Durham, NC 27701
Income-producing apartments and a vacant lot span three parcels near downtown Durham.
Property SizeContact for details
Days on Market130
Property Features for 1113-1119 Gurley Street
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
18
Building Details
Tenancy
Multi
Listing Agency:
Maverick Partners
(919) 682-0501
Listed By:
Ian Niedel · License #NC 216187
Source:
Crexi
Added: Apr 24
Changed: Aug 31
Last Checked: Aug 31 at 12:09AM
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 Maverick Partners
Investment Insights
Based on property information with market context.
This apartment property combines 18 income-producing multifamily units with a vacant lot across three parcels. The configuration creates an assembled residential asset with existing rental improvements and additional land for a future redevelopment concept, subject to applicable approvals.
The property is positioned east of downtown Durham in an area characterized by ongoing residential and commercial development. Nearby destinations include Little Bull Mexican restaurant and Durham Beer Garden. Similar redevelopment projects are located at 1118 Gurley St, 10 E Geer St, and 813 N Mangum St, placing the assemblage within an active downtown-adjacent development setting.
The property is positioned east of downtown Durham in an area characterized by ongoing residential and commercial development. Nearby destinations include Little Bull Mexican restaurant and Durham Beer Garden. Similar redevelopment projects are located at 1118 Gurley St, 10 E Geer St, and 813 N Mangum St, placing the assemblage within an active downtown-adjacent development setting.
Key Highlights
- 18 income‑producing multifamily units
- Vacant lot included with the apartment property
- Three‑parcel assemblage
Property Analytics
Current Use
Lease Details
18
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,076
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Income-producing apartments and a vacant lot span three parcels near downtown Durham.
Where is this apartment building located?
The property is located at 1113-1119 Gurley Street Durham, NC.
What are key features of this property?
This property features: 18 income‑producing multifamily units; Vacant lot included with the apartment property; Three‑parcel assemblage
