Listing Agency: Pickett Sprouse Commercial Real Estate

Listed By: Brad Gregory · License #NC 246939 Show Phone

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 1:52PM

Report an Issue

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 Pickett Sprouse Commercial Real Estate

Investment Insights

Based on property information with market context.

This four-unit multifamily building is located at 702 Park Ave in Durham, North Carolina. The property includes a large lot and an additional small lot may be available as an option.

The asset is configured as a quadplex, providing four residential units within one multifamily property. The stated market rent range is omitted from this summary.

Key Highlights

• Four‑unit multifamily property
• Located at 702 Park Ave, Durham, NC 27703
• Large lot included

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Bakery Home Appliance Store

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

4

Residential units

Location Intelligence

Trade Area within ½ mile

462

Businesses Nearby

Explore this area Business Placement

Demographics for 27703, NC

61,539

Population

27,122

Households

2.3

Avg Household Size

36

Median Age

45%

College-Educated

88%

High-School Grad

49.1 sq mi

ZIP Area

1,253

Density / Sq Mi

$86,953

Median Household Income

$51,462

Median Earnings

$1,469

Median Rent

$340,500

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this quadplexes located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Automotive Retail Facility

5412 S Miami Blvd, Durham, NC 27703

$2,650,745

6,534 SF

View details

Office Building with Elevator

216-218 Rigsbee Avenue, Durham, NC 27701

$1,800,000

10,461 SF

View details

Industrial Flex Property with Fenced Yard

1015 Ellis Road, Durham, NC 27703

$1,385,000

4,940 SF

View details

NNN Property with Automotive Bays

921 Midway Avenue, Durham, NC 27703

$875,000

3,895 SF

View details

Retail Building with Fenced Parking

501 N Mangum, Durham, NC 27701

$5,000,000

8,000 SF

View details

3-Unit Multifamily Condo Portfolio

1103 Camden Avenue, Durham, NC 27701

$902,000

3,120 SF

View details

Craftsman Live-Work Bungalow

1814 Chapel Hill Road, Durham, NC 27707

$493,000

1,922 SF

View details

5-Bay Auto Shop

2410 Angier Avenue, Durham, NC 27703

$1,000,000

4,000 SF

View details

Brick Duplex Package

1407-1413 Clarendon Street, Durham, NC 27705

$1,430,000

6,912 SF

View details

4-Unit Quadplex with Detached Garage

804 Lancaster Street, Durham, NC 27701

$699,900

2,500 SF

View details

Craftsman Live-Work Bungalow

1814 Chapel Hill Rd, Durham, NC 27707

$493,000

1,922 SF

View details

Automotive Service Shop with Bays

2410 Angier, Durham, NC 27703

$1,000,000

4,000 SF

View details

Frequently Asked Questions

What type of property is this?

Quadplex - Multifamily asset with four residential units on a large lot in Durham.

Where is this quadplex located?

The property is located at 702 Park Ave Durham, NC.

What are key features of this property?

This property features: Four‑unit multifamily property; Located at 702 Park Ave, Durham, NC 27703; Large lot included