Search
Remodeled Duplex Investment
For Sale
Contact for pricing

416 E Piedmont Ave, Durham, NC 27707

Brick duplex homes with remodeled 2-bedroom, 1-bath units and good parking, offered separately or together.

Property SizeContact for details
Days on Market121

Property Features for 416 E Piedmont Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 2

Building Details

Tenancy Multi
Listing Agency: Reformation Asset Management
Listed By: Charles Bulthuis · License #NC 277702
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 2:36AM

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.

Brick exterior duplexes on flat, usable lots provide remodeled 2-bedroom, 1-bath units. 412 E. Piedmont and 416 E. Piedmont are offered separately or together.

The properties are located close to Downtown Durham between Southside and Hayti, near the proposed new development at Heritage Square. The public remarks note a stabilized tenant base and that many leases are currently in holdover status.

Each unit is described as having good parking, and the offering is positioned with the potential for rent increases based on the lease status cited in the remarks.

Key Highlights

  • Brick duplexes on flat, usable lots near the proposed Heritage Square development
  • Units offered separately or together: 412 E. Piedmont and 416 E. Piedmont at $350,000 each
  • Remodeled 2‑bedroom, 1‑bath units with good parking

Property Analytics

Current Use

Affordable Solar Durham Production Facility

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Garden Center HVAC Service Kitchen & Bath Showroom

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

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,173
Businesses Nearby

Demographics for 27707, NC

49,787
Population
23,528
Households
2.1
Avg Household Size
34
Median Age
57%
College-Educated
92%
High-School Grad
20.7 sq mi
ZIP Area
2,405
Density / Sq Mi
$72,432
Median Household Income
$45,803
Median Earnings
$1,364
Median Rent
$371,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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 - Brick duplex homes with remodeled 2-bedroom, 1-bath units and good parking, offered separately or together.
Where is this duplex located?
The property is located at 416 E Piedmont Ave Durham, NC.
What are key features of this property?
This property features: Brick duplexes on flat, usable lots near the proposed Heritage Square development; Units offered separately or together: 412 E. Piedmont and 416 E. Piedmont at $350,000 each; Remodeled 2‑bedroom, 1‑bath units with good parking
(919) 452-4833 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message