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Historic 8-Unit Apartment Building

201 BROADWAY ST DURHAM NC 27701, Durham, NC 27701

For Sale
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Apartment homes retain original detailing alongside updated kitchens with granite countertops.

Property SizeContact for details
Days on Market47

Property Features for 201 BROADWAY ST DURHAM NC 27701

General Information

Standard status Active
Total Parking Spaces 10
Property subtype Multifamily

Site & Location

Neighborhood Cleveland-Holloway

Units

Unit Mix 8 x 2BR/1BA
Multifamily Units 8

Amenities

front courtyard
common laundry room
porches
balconies

Building Details

Buildings 1
Construction Spanish Colonial Revival
Listing Agency: Frasher Whaley Realty Group
Listed By: John Whaley · License NC #262351
Source: Crexi
Added: Sep 29 Changed: Nov 12 Last Checked: Nov 12 at 7:29AM

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 Frasher Whaley Realty Group

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Investment Insights

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The Markham Apartments comprises eight two-bedroom, one-bathroom residences in a historic building with Spanish Colonial Revival design. Interior details include hardwood flooring, high ceilings, large windows, decorative moldings, and arched openings between living and dining areas. Kitchens have been updated with granite countertops, while preserved architectural elements earned the property the 2002 George & Mary Pyne Preservation Award. Brick and stucco walls and a metal roof complete the exterior.

The property is in downtown Durham. Front and rear porches serve the lower-level apartments, and upper residences have balconies with decorative spindles. Shared amenities include a front courtyard, a common laundry room, and 10 off-street parking spaces at the rear. The source also identifies the possibility of adding in-unit laundry appliances.

Key Highlights

  • Eight apartments, each with 2 bedrooms and 1 bathroom
  • Spanish Colonial Revival design; recipient of the 2002 George & Mary Pyne Preservation Award
  • Granite‑countertop kitchens, hardwood floors, high ceilings, and arched living‑to‑dining openings

Property Analytics

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Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

2,444
Businesses Nearby

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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Apartment homes retain original detailing alongside updated kitchens with granite countertops.
Where is this apartment building located?
The property is located at 201 BROADWAY ST DURHAM NC 27701 Durham, NC.
What is the asking price?
The asking price for this property is $1,865,000.
What are key features of this property?
This property features: Eight apartments, each with 2 bedrooms and 1 bathroom; Spanish Colonial Revival design; recipient of the 2002 George & Mary Pyne Preservation Award; Granite‑countertop kitchens, hardwood floors, high ceilings, and arched living‑to‑dining openings
(919) 475-3891 · Office Call to check price and availability
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