2005 Taylor Street Durham, NC 27703
MULTI_FAMILY - Durham, NC
- Added:
- May 28, 2026
- Days on Market:
- 48
- Last Refresh:
- Jul 14 at 11:06 am
Property Features for 2005 Taylor Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1
- Parking features
- Driveway
- Standard status
- Pending
- APN
- 112812
- Size
- 1,110 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- The Driver Land/Prop-Ston E E C/Lt#03 Pl:000018-000082
- Tax Annual Amount
- 1953
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1949
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Carpet, Vinyl
- Building materials
- Block, Stucco
- Roof type
- Shingle
Listing agent Thomas Furlow License #222598 (919) 412-3913
Listing office Deaton Investment Real Estate 6817 Falls of Neuse Ste. 106 Stephen Deaton, Raleigh, NC (919) 847-1117
Listing date May 28, 2026
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Duplex in Durham with two 1‑bedroom units (one occupied and one vacant)
- Occupied unit currently rents for $800/month; vacant unit is ready for renovation and lease‑up
- Construction materials include block and stucco
Local 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 | $15.3k | $13.80 |
| − Vacancy | −$1.7k | −$1.53 |
| EGI | $13.6k | $12.27 |
| − OpEx | −$4.1k | −$3.68 |
| NOI | $9.5k | $8.59 |
