2205 Lafayette St

Durham, NC 27707

$534,900
Price
6
Beds
2,436 Sq. Ft.
$220 / Sq. Ft.
2,436
Sq. Ft.
$220
per Sq. Ft.
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Pending
Pending
a view of a house with a yard and fence
a view of a house with a yard
a front view of a house with garden
a view of a balcony with chairs
a view of entryway and hall with wooden floor
a view of a chairs and table in the patio
a room with gym equipment
a living room with furniture a clock and a fireplace
a bed room with a bed and a window
a bedroom with bed and a window
a living room with furniture a flat screen tv and a couch
a room with a sink and cabinets
a view of a room with wooden floor and windows
a bathroom with a shower and a bathtub
an empty room with wooden floor and window
a living room with stainless steel appliances wooden floors and view kitchen
an empty room with wooden floor

Description

Lakewood quadplex. Great investment opportunity, or live in one unit and rent out the other three--assumable FHA mortgage at 2.75%. This home features four units: two units have 2br/1ba, two units are studios. Ideal location, less than 5 min walk to Lakewood shopping center and less than 2 miles to both Duke and downtown. Recent upgrades: two new HVAC units, plumbing, roof recently replaced and in great shape, and two new oven/ranges.Lakewood quadplex. Great investment opportunity, or live in one unit and rent out the other three--assumable FHA mortgage at 2.75%. This home features four units: two units have 2br/1ba, two units are studios. Ideal location, less than 5 min walk to Lakewood shopping center and less than 2 miles to both Duke and downtown. Recent upgrades: two new HVAC units, plumbing, roof recently replaced and in great shape, and two new oven/ranges.
  1. Listed by Bruce Clayton • Griffin Associates REALTORS

Property Details for 2205 Lafayette Street

View
Yes
Subdivision
Park Place
LISTING UPDATED: 02/09/2026 02:41 PM

Property Details for 2205 Lafayette Street

StatusPending
MLS #10120229
Days on Market158
Taxes$4,928 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1960
Lot Size0.18 AC / 7,840 SF
CountyDurham County
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Location

Listing Courtesy of Griffin Associates REALTORS
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Building Information for 2205 Lafayette Street

Stories-Residences4Year Built1960Building Size-Lot Size0.18 AC / 7,840 SF

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$3,018 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,607

Property Taxes

$411

HOA Dues

$0

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Property Information for 2205 Lafayette Street

Summary
Location and General Information
  • Directions: From Downtown Durham, south on Chapel Hill St, Right on Jersey, Left on Lafayette.
  • Subdivision Name: Park Place
  • Latitude: 35.989146
  • Longitude: -78.930125
  • Road Frontage Type: State Road
  • Road Surface Type: Asphalt
  • Neighborhood: Lakewood
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $4,928.16
  • City Limits Of: Durham
  • City Limits YN: Yes
  • Lot Number: 19
  • Restrictive Covenants YN: No
Contract Information
  • Lease Expiration Date: 2026-01-01
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Years Owned: 4
  • Due Diligence Expiration Date: 2026-02-20
School Information
  • Elementary School: Durham - Lakewood
  • Middle Or Junior School: Durham - Githens
  • High School: Durham - Jordan
Parking
  • Open Parking: Yes
  • Parking Features: Attached, Driveway, Gravel, On Street
  • Attached Garage: Yes
Property
Lot Information
  • Building Area Total: 2436.0
  • Lot Features: Corner Lot
  • Total Other Area Sq Ft: 0
  • Number Of Buildings: 1
  • Parcel Number: 0821046975
  • Structure Type: Quadruplex
Property and Assessments
  • New Construction: No
  • Photos Count: 17
  • Above Grade Finished Area Source: Appraiser
  • Below Grade Finished Area: 858.0
  • Below Grade Finished Area Units: Square Feet
  • Common Walls: 1 Common Wall
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Foundation Details: Slab
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Block, Quadruplex
Interior Features
  • Levels: Multi/Split
  • Basement Description: Block, Exterior Entry, Finished
  • Flooring: Hardwood, Tile
  • Cooling: Ceiling Fan(s), Central Air, Electric, Multi Units, Window Unit(s)
  • Cooling?: Yes
  • Heating: Baseboard, Central, Electric, Forced Air, Varies by Unit
  • Heating?: Yes
  • Appliances: Electric Range, Refrigerator
  • Interior Features: Ceiling Fan(s)
  • Equipment Appliances: Electric Range, Refrigerator
  • Interior: Attached, Driveway, Gravel, On Street, Block
  • Equipment: Electric Range, Refrigerator, Attached, Driveway, Gravel, On Street
Multi Family
Unit Information
  • Total Units: 4
Agent
Sale and Listing
  • Property Type: Residential Income
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: 3 To 6 Months
  • TenantPays: Cable TV, Electricity
Units Information
Units Details
  • Number Of Units Month To Month: 1.0
Unit One
  • Unit One: Above Grade Finished Area: 778.0
  • Unit One: Actual Rent: 900.0
  • Unit One: Baths Total: 1.0
  • Unit One: Beds Total: 2.0
  • Unit One: Kitchen: true
  • Unit One: Levels: One
  • Unit One: Living Room: true
  • Unit One: Range: true
  • Unit One: Refrigerator: true
  • Unit One: Unit Type: 2 Bedroom
  • Unit One: Utility Room: true
  • Unit One: WasherDryer Hookups: true
Unit Two
  • Unit Two: Above Grade Finished Area: 778.0
  • Unit Two: Actual Rent: 1175.0
  • Unit Two: Baths Total: 1.0
  • Unit Two: Beds Total: 2.0
  • Unit Two: Kitchen: true
  • Unit Two: Levels: One
  • Unit Two: Living Room: true
  • Unit Two: Range: true
  • Unit Two: Refrigerator: true
  • Unit Two: Unit Type: 2 Bedroom
  • Unit Two: Utility Room: true
  • Unit Two: WasherDryer Hookups: true
Unit Three
  • Unit Three: Actual Rent: 725.0
  • Unit Three: Baths Total: 1.0
  • Unit Three: Kitchen: true
  • Unit Three: Levels: One
  • Unit Three: Living Area: 429.0
  • Unit Three: Living Room: true
  • Unit Three: Range: true
  • Unit Three: Refrigerator: true
  • Unit Three: Unit Type: Studio
  • Unit Three: Utility Room: true
  • Unit Three: WasherDryer Hookups: true
Unit Four
  • Unit Four: Actual Rent: 625.0
  • Unit Four: Baths Total: 1.0
  • Unit Four: Kitchen: true
  • Unit Four: Levels: One
  • Unit Four: Living Area: 429.0
  • Unit Four: Living Room: true
  • Unit Four: Range: true
  • Unit Four: Refrigerator: true
  • Unit Four: Unit Type: Studio
  • Unit Four: Utility Room: true
  • Unit Four: WasherDryer Hookups: true

Property History for 2205 Lafayette Street

DateEvent & SourcePriceAppreciation
Feb 9, 2026

Pending

TRIANGLEMLS #10120229

—
Nov 19, 2025

Price Change

TRIANGLEMLS #10120229

$534,900—
Sep 22, 2025

Price Change

TRIANGLEMLS #10120229

$549,900—
Sep 4, 2025

Listed (Active)

TRIANGLEMLS #10120229

$599,900—
DateEvent & SourcePrice
02/09/2026

Pending

TRIANGLEMLS #10120229

—
11/19/2025

Price Change

TRIANGLEMLS #10120229

$534,900
09/22/2025

Price Change

TRIANGLEMLS #10120229

$549,900
09/04/2025

Listed (Active)

TRIANGLEMLS #10120229

$599,900

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

Schools near 2205 Lafayette Street

This home is within Durham Public School District.
Rating
School
Type
Grades
Distance
Lakewood Elementary
Public - PK to 5
Morehead Montessori
Public - PK to 5
Lakewood Montessori Middle School
Public - 6 to 8
Charles E Jordan Sr High School
Public - 9 to 12
Rating
School
Distance
Lakewood Elementary
PublicPK to 5

Morehead Montessori
PublicPK to 5

Lakewood Montessori Middle School
Public6 to 8

Charles E Jordan Sr High School
Public9 to 12

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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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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Griffin Associates REALTORS

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.