4206 Delbert Ave

Durham, NC 27704

$625,000
Price
—
Beds
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Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
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per Sq. Ft.
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Due Diligence Period
Due Diligence Period

Description

Investor opportunity in a strong Durham rental market. Four-unit townhome building with 3 units currently leased, providing immediate income. One unit is fully renovated and intentionally left vacant, offering flexibility to lease at market rates, use as an owner-occupied unit, or explore mid-term rental demand from nearby medical professionals. Townhome-style layouts and proximity to Duke University, Duke Hospital, Duke Regional, and major employment centers drive consistent rental interest. This...Investor opportunity in a strong Durham rental market. Four-unit townhome building with 3 units currently leased, providing immediate income. One unit is fully renovated and intentionally left vacant, offering flexibility to lease at market rates, use as an owner-occupied unit, or explore mid-term rental demand from nearby medical professionals. Townhome-style layouts and proximity to Duke University, Duke Hospital, Duke Regional, and major employment centers drive consistent rental interest. This property offers stable cash flow with room to increase returns through strategic rent adjustments. Convenient access to I-85, NC-147, retail, and transit. Ideal for investors seeking a value-add opportunity with strong fundamentals and long-term growth potential. Portfolio purchase opportunity available—ask listing agent for more information.
  1. Listed by Christian Courtney • GAC Management Group • 336-671-2437

Property Details for 4206 Delbert Avenue

Zoning
RS-M
LISTING UPDATED: 05/04/2026 11:22 AM

Property Details for 4206 Delbert Avenue

StatusDue Diligence Period
MLS #1211374
Days on Market58
Taxes$4,785 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1984
Lot Size0.34 AC / 14,810 SF
CountyDurham County
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Location

Listing Courtesy of GAC Management Group
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Building Information for 4206 Delbert Avenue

Stories-Residences4Year Built1984Building Size-Lot Size0.34 AC / 14,810 SF

Payment Calculator

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$3,513 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,114

Property Taxes

$399

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4206 Delbert Avenue

Summary
Location and General Information
  • County Or Parish: Durham
  • City: Durham
  • Directions: From I-85 take Exit 176 for Guess Rd. Head south on Guess Rd, turn left onto Horton Rd, then right onto Delbert Ave. Property is on the right at 4206 Delbert Ave, Durham, NC.
  • Latitude: 36.05798
  • Longitude: -78.92436
  • Postal Code: 27704
  • Postal Code Plus 4: 8078
Taxes and HOA Information
  • List AOR: Winston-Salem
  • Tax Rate: .99%
  • Tax Annual Amount: $4,785.00
  • Tax Assessed Value: $482,672.00
  • Tax Year: 2025
  • Parcel Number: 172822
  • Association: No
Parking
  • Parking Features: Driveway, Paved
Property
Lot Information
  • Lot Size Acres: 0.34
  • Water Source: Public
  • Year Built: 1984
Property and Assessments
  • Photos Count: 12
  • Property Type: Residential Income
  • DDP End Date: 06-01-2026
  • Deed Book: 9569
  • Deed Page: 756
  • PlatBook: 000099-000104
Utilities
  • Heating Fuel: Electric
  • Sewer: Public Sewer
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Pool Features: None
  • Laundry Features: Washer/Dryer Connection
  • Pool: No
Interior Features
  • Appliances: Electric Water Heater
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
Multi Family
Multi-Family Information
  • Total Units: 4
  • Number Of Units In Community: 4
Income & Expenses Information
  • Insurance Expense: $4,925.00
Rental
Rental Information
  • Listing Agreement: Exclusive Right To Sell
  • Number Of Units Leased: 4

Property History for 4206 Delbert Avenue

DateEvent & SourcePriceAppreciation
May 3, 2026

Pending

TRIAD #1211374

—
Apr 15, 2026

Price Change

TRIAD #1211374

$625,000—
Mar 6, 2026

Listed (Active)

TRIAD #1211374

$649,000—
DateEvent & SourcePrice
05/03/2026

Pending

TRIAD #1211374

—
04/15/2026

Price Change

TRIAD #1211374

$625,000
03/06/2026

Listed (Active)

TRIAD #1211374

$649,000

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

Public Records for 4206 Delbert Avenue

Taxable ValueLand$200,000Additions$282,672Total$482,672
Tax Record2025$4,785 ($399 / month)
Home Facts
Baths4Total Finished SqFt4,200 SqFtAbove Grade Finished SqFt4,200 SqFtStories2Lot Size14,810 SqFtStyleMulti-Family Res (5+ Units)Year Built1984ZoningRS-MCountyDURHAMAPN172822

Schools near 4206 Delbert Avenue

This home is within Durham Public School District.
Rating
School
Type
Grades
Distance
Easley Elementary
Public - PK to 5
George L Carrington Middle
Public - 6 to 8
Riverside High School
Public - 9 to 12
City Of Medicine Academy
Public - 9 to 13
Rating
School
Distance
Easley Elementary
PublicPK to 5

George L Carrington Middle
Public6 to 8

Riverside High School
Public9 to 12

City Of Medicine Academy
Public9 to 13

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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Listing Courtesy of GAC Management Group

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