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Remodeled Brick Duplexes
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412 E Piedmont Ave, Durham, NC 27707

Brick duplexes with remodeled interiors, each offering 2 bedrooms, 1 bathroom, and parking on flat lots.

Property SizeContact for details
Days on Market121

Property Features for 412 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 20 at 6:57PM

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.

These brick exterior duplexes sit on flat, usable lots and are being offered at 412 and 416 E. Piedmont Ave, separately or together. Each unit is configured as 2 bedrooms and 1 bathroom. The interiors have been remodeled within the last few years, and the properties are described as having a good tenant base with stabilized rents. The remarks also note that many leases are currently in holdover status and may be capable of rent increases, with good parking available for residents.

The property is located near the proposed new development at Heritage Square and is described as close to Downtown Durham between Southside and Hayti. The immediate area also has multiple large commercial construction projects underway, according to the seller’s comments.

Key Highlights

  • Brick exterior duplexes on flat, usable lots near Heritage Square redevelopment
  • Each unit is a 2 bed, 1 bath duplex home with good parking
  • 412 E. Piedmont and 416 E. Piedmont offered separately or together for $350,000 each

Property Analytics

Current Use

smoothie king Specialty Food Shop

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
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Frequently Asked Questions

What type of property is this?
Duplex - Brick duplexes with remodeled interiors, each offering 2 bedrooms, 1 bathroom, and parking on flat lots.
Where is this duplex located?
The property is located at 412 E Piedmont Ave Durham, NC.
What are key features of this property?
This property features: Brick exterior duplexes on flat, usable lots near Heritage Square redevelopment; Each unit is a 2 bed, 1 bath duplex home with good parking; 412 E. Piedmont and 416 E. Piedmont offered separately or together for $350,000 each
(919) 452-4833 Call to check price and availability
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