1512 North Alston Avenue

Durham, NC 27701

$799,999
Price
4
Beds
4
Baths
2,381 Sq. Ft.
$336 / Sq. Ft.
2,381
Sq. Ft.
$336
per Sq. Ft.

Description

Duplex & Land portfolio in downtown Durham! This listing offers 1508, 1510, 1512 N Alston Avenue, & 804 Lee St. Lots on N Alston Ave currently have 2duplexes, all 4 units rented at $625/mo. Feasibility study & site plan (city approval still needed) included in documents. Potential for 18-unit apartmentcommunity, 7-unit townhome community, or subdiving property into nine buildable lots. With the recent passing of SCAD (see attached) or Simplifying Codesfor Affordable Development, this lot can be built...Duplex & Land portfolio in downtown Durham! This listing offers 1508, 1510, 1512 N Alston Avenue, & 804 Lee St. Lots on N Alston Ave currently have 2duplexes, all 4 units rented at $625/mo. Feasibility study & site plan (city approval still needed) included in documents. Potential for 18-unit apartmentcommunity, 7-unit townhome community, or subdiving property into nine buildable lots. With the recent passing of SCAD (see attached) or Simplifying Codesfor Affordable Development, this lot can be built even more densely than before. Call for details.
  1. Listed by Aaron S Moon • Keller Williams Elite Realty

Property Details for 1512 North Alston Avenue

Subdivision
Not in a Subdivision

Location

Listing Courtesy of Keller Williams Elite Realty
Add your commute
LISTING UPDATED: 01/24/2024 09:09 PM

Property Details for 1512 North Alston Avenue

StatusActive
MLS #10007942
Days on Market97
Taxes$3,549 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1950
Lot Size0.51 AC / 22,215 SF
CountyDurham County

Location

Listing Courtesy of Keller Williams Elite Realty
Add your commute

Building Information for 1512 North Alston Avenue

Stories-Residences4Year Built1950Building Size-Lot Size0.51 AC / 22,215 SF

Payment Calculator

$4,662 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,366

Property Taxes

$296

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1512 North Alston Avenue

Summary
Location and General Information
  • Zoning: RS-M;RU-5(2)
  • Subdivision Name: Not in a Subdivision
  • Latitude: 36.001809
  • Longitude: -78.885586
Taxes and HOA Information
  • Tax Annual Amount: $3,549.00
  • City Limits Of: Durham
  • City Limits YN: Yes
  • Lot Number: 1,2,3
  • Restrictive Covenants YN: Yes
Contract Information
  • Lease Expiration Date: 2024-01-31
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
Parking
  • Open Parking: Yes
Property
Lot Information
  • Building Area Total: 2381.0
  • Total Other Area Sq Ft: 0
  • Parcel Number: 110954;110953
Property and Assessments
  • New Construction: No
  • Photos Count: 4
  • Above Grade Finished Area Source: Appraiser
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
Interior and Exterior Features
Exterior Features
  • Pool Private: No
Multi Family
Unit Information
  • Total Units: 4
Agent
Sale and Listing
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: Month To Month

Property History for 1512 North Alston Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1512 North Alston Avenue

This home is within Durham Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Eastway Elementary
PublicPK to 5

Lucas Middle School
Public6 to 8

Northern High
Public9 to 12

Durham's Performance Learning
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.

Similar Homes

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1512 North Alston Avenue is a multi-family home for sale in Durham, NC 27701. This property was listed for sale on January 24, 2024 by Keller Williams Elite Realty, it's currently listed at $799,999. It has been on the market for a total of 97 days and was last sold on April 26, 2012. This listing's school district is Durham Public School District. Nearby schools include Eastway Elementary, Lucas Middle School and Northern High. 1512 North Alston Avenue is a 4-bed, 4-bath, 2,381 sqft multi-family home built in 1950.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Elite Realty

Listings marked with an icon are provided in part courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listings are also provided in part by the IDX program of Longleaf Pine REALTORS and Alamance MLS. Copyright 2024 Triangle MLS, Inc. of North Carolina. Copyright 2024 Longleaf Pine REALTORS. Copyright 2024 Alamance MLS. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s). Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA competitive or home valuation of any property.