Multifamily Investment Opportunity Near
927 Berkeley Street, Durham, NC 27705
MULTI_FAMILY - Durham, NC
Property size:
1,795 SFLot size:
0.16 AcresPrice / SF:
$217/SF- Added:
- Feb 25, 2026
- Days on Market:
- 81
- Last Refresh:
- May 17 at 10:06 pm
Property Features for 927 Berkeley Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-3
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 1
- Parking features
- On Street
- Standard status
- Active
- APN
- 100121
- Size
- 1,795 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- The Suburban L&P Co/Lt#04 Pl:000008-000183
- Tax Annual Amount
- 4069
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Baseboard
- Cooling system
- Central Air, Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Wood, Carpet, Vinyl
- Building materials
- Aluminum Siding, Wood Siding
- Roof type
- Shingle, Metal
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 Feb 25, 2026
MLS# 10148665
Listing URL
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HighLights
- Multifamily investment property featuring three units on a single parcel.
- Situated in Durham's rapidly emerging Walltown neighborhood, north of Duke University's East Campus.
- Includes a renovated detached cottage currently rented for $1,285/month.
- Duplex with two 1‑bed, 1‑bath units, one rented at $800/month.
- Value‑add opportunity with potential for increased rental income.
- .16 acre lot offers creative redevelopment or tear down and rebuild scenarios.
Overview
This multifamily property, located on the corner of Berkeley and W. Knox, features three units on a 0.16-acre parcel. Situated just north of Duke University's East Campus, the property is in the rapidly emerging Walltown neighborhood of Durham. The duplex at 927 Berkeley features two identical units, each with 1 bedroom and 1 bathroom, and approximately 550 square feet. One unit is rented at $800 per month, while the other is vacant. The detached cottage at 1503 W. Knox is a renovated 1-bedroom, 1-bathroom home of approximately 695 square feet, currently rented for $1,285 per month. With a total property size of 1795 square feet, this property presents a unique value-add opportunity in a desirable Durham location. The lot also offers creative redevelopment or tear-down and rebuild scenarios, with R-3 zoning.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.916071
- Latitude
- 36.013255
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Multifamily property with redevelopment potential in Durham's Walltown neighborhood.
Where is this multifamily property located?
The property is located at 927 Berkeley Street Durham, NC.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Multifamily investment property featuring three units on a single parcel.; Situated in Durham's rapidly emerging Walltown neighborhood, north of Duke University's East Campus.; Includes a renovated detached cottage currently rented for $1,285/month.
