1501 Lathrop St
Durham, NC 27703

$225,000

Price

Beds

Baths

1,593 Sq. Ft.

$141 / Sq. Ft.

1,593

Sq. Ft.

$141

per Sq. Ft.

a view of house with patio outdoor seating space

a view of empty room with wooden floor and fan

a kitchen with granite countertop a stove a sink and a microwave

Description

Craftsman-style, vertical split Duplex. Two- 1 Bedroom, 1 Bathroom apartments. Both units occupied. Located In East Durham's Hillcrest neighborhood, close to retail & minutes to all Highways and Downtown Durham. Seller is a licensed real estate broker.Craftsman-style, vertical split Duplex. Two- 1 Bedroom, 1 Bathroom apartments. Both units occupied. Located In East Durham's Hillcrest neighborhood, close to retail & minutes to all Highways and Downtown Durham. Seller is a licensed real estate broker.

Listed by Charles Bulthuis • Reformation Asset Management
Listed by Miguel Antonio Acosta • Reformation Asset Management

Property Details for 1501 Lathrop Street

View

Yes

Showings Expected to Begin

11-17-2025

Subdivision

Not in a Subdivision

LISTING UPDATED: 11/17/2025 05:37 PM

Property Details for 1501 Lathrop Street

Status	Active
MLS #	10132187
Days on Market	35
Taxes	$1,346 / year
HOA Fees	-
Condo/Co-op Fees	-
Compass Type	Multi Family
MLS Type	Residential Income / Duplex
Year Built	1930
Lot Size	0.15 AC / 6,534 SF
County	Durham County

Location

Listing Courtesy of Reformation Asset Management

Add your commute

Building Information for 1501 Lathrop Street

Stories-Residences4Year Built1930Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$1,224 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,112

Property Taxes

$112

HOA Dues

The Payment Calculator is for illustrative purposes only.

Property Information for 1501 Lathrop Street

Summary

Location and General Information

Subdivision Name: Not in a Subdivision
Latitude: 35.993142

Longitude: -78.875551

Taxes and HOA Information

Association: No
Tax Annual Amount: $1,345.90

City Limits Of: Durham
City Limits YN: Yes
Lot Number: A
Restrictive Covenants YN: No

Contract Information

Lease Expiration Date: 2021-09-30
Original MLS: Triangle MLS Inc

Property Leased YN: Yes
Years Owned: 5

Parking

Open Parking: No
Parking Features: None

Attached Garage: No

Property

Lot Information

Building Area Total: 1593.0
Total Other Area Sq Ft: 0

Parcel Number: 112854
Structure Type: Duplex

Property and Assessments

New Construction: No
Photos Count: 7

Below Grade Finished Area: 0.0
Below Grade Finished Area Units: Square Feet

Utilities

Sewer: Public Sewer
Water Source: Public

Water_Sewer: Public, Public Sewer

Interior and Exterior Features

Exterior Features

Construction Materials: Wood Siding
Foundation Details: Block

Pool Private: No
Roof: Metal
New Construction Type: Wood Siding, Duplex

Interior Features

Levels: One
Flooring: Hardwood

Cooling: Central Air
Cooling?: Yes
Heating: Forced Air
Heating?: Yes
Interior: None, Wood Siding
Equipment: None

Multi Family

Unit Information

Total Units: 4

Agent

Sale and Listing

Property Type: Residential Income
Property Class Name: CrossProperty

Rental

Rental Information

Lease Term: Month To Month

Units Information

Unit One

Unit One: Actual Rent: 850.0
Unit One: Baths Total: 1.0

Unit One: Beds Total: 1.0

Unit Two

Unit Two: Actual Rent: 757.0
Unit Two: Baths Total: 1.0

Unit Two: Beds Total: 1.0

Unit Three

Unit Three: Actual Rent: 0.0

Unit Four

Unit Four: Actual Rent: 0.0

Property History for 1501 Lathrop Street

Date	Event & Source	Price	Appreciation
Nov 14, 2025	Listed (Active) TRIANGLEMLS #10132187		—
Nov 7, 2025	Listed (Active) TRIANGLEMLS #10132187	$225,000	—
Jun 5, 2020	Sold TRIANGLEMLS #2316051	$169,900	—
Jun 5, 2020	Sold TRIANGLEMLS #2316051	$169,900	—
Jun 5, 2020	Pending TRIANGLEMLS #2316051		—
Jun 5, 2020	Sold AMLS #2316051	$169,900	—
Jun 4, 2020	Sold TRIANGLEMLS #2316051	$169,900	—
Jun 4, 2020	Pending TRIANGLEMLS #2316051		—
Jun 4, 2020	Pending AMLS #2316051		—
May 27, 2020	Sold (Public Record) Public Record #672737483	$170,000	+16.6% / yr
May 1, 2020	Pending TRIANGLEMLS #2316051		—
Apr 29, 2020	Listed (Active) TRIANGLEMLS #2316051	$169,900	—
Apr 29, 2020	Listed (Active) AMLS #2316051	$169,900	—
Apr 29, 2020	Listed (Active) TRIANGLEMLS #2316051	$169,900	—
Dec 31, 2019	Expired TRIANGLEMLS #2264827		—
Aug 31, 2019	Expired TRIANGLEMLS #2246660		—
Aug 26, 2019	Withdrawn AMLS #2264827	$169,900	—
Jul 2, 2019	Listed (Active) AMLS #2264827	$184,900	—
Jul 2, 2019	Listed (Active) TRIANGLEMLS #2264827	$184,900	—
Apr 5, 2019	Listed (Active) TRIANGLEMLS #2246660	$215,000	—
Jul 31, 2018	Sold TRIANGLEMLS #2200834	$127,001	—
Jul 31, 2018	Sold AMLS #2200834	$127,001	—
Jul 31, 2018	Sold TRIANGLEMLS #2200834	$127,001	—
Jul 13, 2018	Sold (Public Record) Public Record #627679793	$127,500	+36.4% / yr
Jul 3, 2018	Pending TRIANGLEMLS #2200834		—
Jun 28, 2018	Listed (Active) AMLS #2200834	$124,900	—
Jun 28, 2018	Listed (Active) TRIANGLEMLS #2200834	$124,900	—
Jun 28, 2018	Listed (Active) TRIANGLEMLS #2200834	$124,900	—
Nov 15, 2013	Sold (Public Record) Public Record #374556816	$30,000	—
Nov 15, 2013	Sold TRIANGLEMLS #1917295	$30,000	—
Nov 15, 2013	Sold AMLS #1917295	$30,000	—
Nov 12, 2013	Pending TRIANGLEMLS #1917295		—
Oct 24, 2013	Listed (Active) AMLS #1917295	$30,000	—
Oct 24, 2013	Listed (Active) TRIANGLEMLS #1917295	$30,000	—
Oct 25, 2009	Expired TRIANGLEMLS #1655633		—
Oct 24, 2009	Expired AMLS #1655633	$40,600	—
Mar 27, 2009	Listed (Active) AMLS #1655633	$40,600	—
Mar 27, 2009	Listed (Active) TRIANGLEMLS #1655633	$40,600	—

Date	Event & Source	Price
11/14/2025	Listed (Active) TRIANGLEMLS #10132187	—
11/07/2025	Listed (Active) TRIANGLEMLS #10132187	$225,000
06/05/2020	Sold TRIANGLEMLS #2316051	$169,900
06/05/2020	Sold TRIANGLEMLS #2316051	$169,900
06/05/2020	Pending TRIANGLEMLS #2316051	—
06/05/2020	Sold AMLS #2316051	$169,900
06/04/2020	Sold TRIANGLEMLS #2316051	$169,900
06/04/2020	Pending TRIANGLEMLS #2316051	—
06/04/2020	Pending AMLS #2316051	—
05/27/2020	Sold (Public Record) Public Record #672737483	$170,000 +16.6% / yr
05/01/2020	Pending TRIANGLEMLS #2316051	—
04/29/2020	Listed (Active) TRIANGLEMLS #2316051	$169,900
04/29/2020	Listed (Active) AMLS #2316051	$169,900
04/29/2020	Listed (Active) TRIANGLEMLS #2316051	$169,900
12/31/2019	Expired TRIANGLEMLS #2264827	—
08/31/2019	Expired TRIANGLEMLS #2246660	—
08/26/2019	Withdrawn AMLS #2264827	$169,900
07/02/2019	Listed (Active) AMLS #2264827	$184,900
07/02/2019	Listed (Active) TRIANGLEMLS #2264827	$184,900
04/05/2019	Listed (Active) TRIANGLEMLS #2246660	$215,000
07/31/2018	Sold TRIANGLEMLS #2200834	$127,001
07/31/2018	Sold AMLS #2200834	$127,001
07/31/2018	Sold TRIANGLEMLS #2200834	$127,001
07/13/2018	Sold (Public Record) Public Record #627679793	$127,500 +36.4% / yr
07/03/2018	Pending TRIANGLEMLS #2200834	—
06/28/2018	Listed (Active) AMLS #2200834	$124,900
06/28/2018	Listed (Active) TRIANGLEMLS #2200834	$124,900
06/28/2018	Listed (Active) TRIANGLEMLS #2200834	$124,900
11/15/2013	Sold (Public Record) Public Record #374556816	$30,000
11/15/2013	Sold TRIANGLEMLS #1917295	$30,000
11/15/2013	Sold AMLS #1917295	$30,000
11/12/2013	Pending TRIANGLEMLS #1917295	—
10/24/2013	Listed (Active) AMLS #1917295	$30,000
10/24/2013	Listed (Active) TRIANGLEMLS #1917295	$30,000
10/25/2009	Expired TRIANGLEMLS #1655633	—
10/24/2009	Expired AMLS #1655633	$40,600
03/27/2009	Listed (Active) AMLS #1655633	$40,600
03/27/2009	Listed (Active) TRIANGLEMLS #1655633	$40,600

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1501 Lathrop Street

Taxable ValueLand$103,500Additions$166,798Total$270,298

Tax Record2025$2,679 ($223 / month)

Home Facts

Baths2.5Total Finished SqFt1,593 SqFtAbove Grade Finished SqFt1,593 SqFtStories1Lot Size6,534 SqFtStyleDuplexYear Built1930ZoningRU-5(2)CountyDURHAMAPN112854Fireplace TypeHas Fireplace

Schools near 1501 Lathrop Street

This home is within Durham Public School District.


Rating	School	Type	Grades	Distance
3/10	Eastway Elementary	Public - Serves this home	PK to 5	0.6 mi
6/10	W G Pearson Elementary	Public - Serves this home	PK to 5	3.0 mi
5/10	Brogden Middle	Public - Serves this home	6 to 8	2.9 mi
3/10	Riverside High School	Public - Serves this home	9 to 12	6.3 mi
4/10	Ignite Online Academy	Public - Nearby school	K to 12	1.3 mi
6/10	School for Creative Studies	Public - Nearby school	6 to 12	6.2 mi
NR	Empowered Minds Academy	Private - Nearby school	K to 8	0.1 mi
NR	Fellowship Baptist Academy	Private - Nearby school	K to 12	0.9 mi


Rating	School	Distance
3/10	Eastway Elementary PublicPK to 5 Serves this home	0.6 mi
6/10	W G Pearson Elementary PublicPK to 5 Serves this home	3.0 mi
5/10	Brogden Middle Public6 to 8 Serves this home	2.9 mi
3/10	Riverside High School Public9 to 12 Serves this home	6.3 mi
4/10	Ignite Online Academy PublicK to 12 Nearby school	1.3 mi
6/10	School for Creative Studies Public6 to 12 Nearby school	6.2 mi
NR	Empowered Minds Academy PrivateK to 8 Nearby school	0.1 mi
NR	Fellowship Baptist Academy PrivateK to 12 Nearby school	0.9 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1501 Lathrop Street, Durham, NC 27703

1501 Lathrop Street is a multi-family home for sale in Durham, NC 27703. This property was listed for sale on November 7, 2025 by Reformation Asset Management, it's currently listed at $225,000. It has been on the market for a total of 35 days and was last sold on June 5, 2020. This listing's school district is Durham Public School District. Nearby schools include Eastway Elementary, W G Pearson Elementary and Brogden Middle. 1501 Lathrop Street is a 2-bed, 2-bath, 1,593 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Reformation Asset Management

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.

1501 Lathrop StDurham, NC 27703

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More information about 1501 Lathrop Street, Durham, NC 27703

1501 Lathrop St
Durham, NC 27703