708 S Roxboro Street, Durham, NC 27707
MULTI_FAMILY - Durham, NC
- Added:
- Jun 15, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 15 at 9:06 pm
Property Features for 708 S Roxboro Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-3
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 3, Bedroom 2, Bedroom 1
- Parking
- 4
- Parking features
- Off Street, On Street
- Standard status
- Active
- APN
- 118601
- Size
- 1,892 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- New Hope Rlty Co Resubd/L T#05 Pt Pl:000032-000117
- Tax Annual Amount
- 4089
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Heat Pump, Central Air
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Linoleum, Hardwood
- Building materials
- Vinyl Siding
- Roof type
- Asphalt
Listing agent Ricardo Cobos License #283523 (919) 670-3298
Listing office 8th Day Realty Group LLC 1418 Aversboro Rd Ste 205 PO BOX 12, Garner, NC (919) 822-9800
Listing date Jun 15, 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.
HighLights
- 1930‑built two‑level property with a Colonial two‑story footprint
- Two self‑contained units, each with a private entrance, kitchen, living area, and primary bedroom
- Two electric meters already in place
- Hardwood floors plus linoleum flooring
- Heat pump heating with central air cooling
- Public water and public sewer; asphalt shingle roof; vinyl siding; off‑street and on‑street parking
Overview
The property sits on a publicly maintained road and offers immediate access to the American Tobacco Trail. It is located near Durham Bulls Athletic Park, DPAC, and the American Tobacco Campus, all identified in the remarks as part of a walkable corridor in the Triangle. The zoning is listed as R-3.
This configuration can fit buyers looking for a duplex income approach, or those interested in executing a full gut renovation. It may also suit a buyer considering a single-family conversion, given the current two-unit layout and private entries. Showings require 24-hour notice and are appointment only. Cash, conventional, and FHA 203K financing are listed as welcome, and the property is described as 1031 exchange eligible. Please contact the listing agent for comps and showing instructions.
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 | $26.1k | $13.80 |
| − Vacancy | −$2.9k | −$1.53 |
| EGI | $23.2k | $12.27 |
| − OpEx | −$7.0k | −$3.68 |
| NOI | $16.2k | $8.59 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.902991
- Latitude
- 35.986694
