2105 Lafayette Street

Durham, NC 27707

$670,000
Price
8
Beds
4
Baths
3,752 Sq. Ft.
$179 / Sq. Ft.
3,752
Sq. Ft.
$179
per Sq. Ft.

Description

Fully rented brick quadplex, featuring four spacious 2-bedroom, 1-bathroom units, 3 of them with a yearly lease and 3 units rented month to month. Each designed for comfortable living with ample natural light and functional layouts. Well-maintained property with charming brick exterior, ensuring durability and minimal maintenance. This property offers a prime location with close proximity to Duke University and downtown Durham. All units are currently rented, providing immediate rental income for...Fully rented brick quadplex, featuring four spacious 2-bedroom, 1-bathroom units, 3 of them with a yearly lease and 3 units rented month to month. Each designed for comfortable living with ample natural light and functional layouts. Well-maintained property with charming brick exterior, ensuring durability and minimal maintenance. This property offers a prime location with close proximity to Duke University and downtown Durham. All units are currently rented, providing immediate rental income for the new owner. Prime location and steady rental demand make this property a solid investment with excellent growth potential. Whether you're a seasoned investor or looking to enter the rental market, this quadplex offers a fantastic opportunity. Don't miss out on owning a piece of prime real estate in one of Durham's most sought-after areas! Roof was replaced in 2022. Sold As-Is. No repairs.
  1. Listed by Lilian Zeitouni • Guru Realty Inc.

Property Details for 2105 Lafayette Street

Subdivision
Not in a Subdivision
LISTING UPDATED: 06/20/2024 04:59 PM

Property Details for 2105 Lafayette Street

StatusActive
MLS #10032372
Days on Market54
Taxes$2,450 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1969
Lot Size0.32 AC / 13,939 SF
CountyDurham County

Building Information for 2105 Lafayette Street

Stories2Residences-Year Built1969Building Size-Lot Size0.32 AC / 13,939 SF

Property Information for 2105 Lafayette Street

Summary
Location and General Information
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.989116
  • Longitude: -78.929096
Taxes and HOA Information
  • Tax Annual Amount: $2,450.00
  • City Limits Of: Durham
  • City Limits YN: Yes
  • Lot Number: A
  • Restrictive Covenants YN: No
Contract Information
  • Lease Expiration Date: 2024-10-31
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
Parking
  • Open Parking: Yes
  • Parking Features: Common
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 3752.0
  • Architectural Style: A-Frame
  • Total Other Area Sq Ft: 0
  • Other Structures: Shed(s)
  • Parcel Number: 0821049974
  • Structure Type: Multi Family
Property and Assessments
  • New Construction: No
  • Photos Count: 6
  • Below Grade Finished Area: 1876.0
  • Below Grade Finished Area Units: Square Feet
  • Property Condition: Updated/Remodeled
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Concrete
  • Foundation Details: Brick/Mortar
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Brick, Concrete, Multi Family
Interior Features
  • Levels: Bi-Level, Two
  • Stories: 2
  • Basement Description: Apartment
  • Flooring: Laminate, Tile
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Forced Air
  • Heating?: Yes
  • Interior: Common, Brick, Concrete
  • Equipment: Common
Agent
Sale and Listing
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: 12 Months
Units Information
Units Details
  • Number Of Units Month To Month: 1.0
Unit One
  • Unit One: Actual Rent: 1000.0
  • Unit One: Baths Total: 1.0
  • Unit One: Beds Total: 2.0
  • Unit One: Porch: true
Unit Two
  • Unit Two: Actual Rent: 1000.0
  • Unit Two: Baths Total: 1.0
  • Unit Two: Beds Total: 2.0
  • Unit Two: Unit Type Total Rent: 1000.0
Unit Three
  • Unit Three: Actual Rent: 900.0
  • Unit Three: Baths Total: 1.0
  • Unit Three: Beds Total: 2.0
  • Unit Three: Unit Type Total Rent: 900.0
Unit Four
  • Unit Four: Actual Rent: 1000.0
  • Unit Four: Baths Total: 1.0
  • Unit Four: Beds Total: 2.0
  • Unit Four: Unit Type Total Rent: 1000.0

Property History for 2105 Lafayette Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2105 Lafayette Street

Taxable ValueLand$30,000Additions$157,110Total$187,110
Tax Record2023$2,451 ($204 / month)
Home Facts
Baths3Total Finished SqFt3,752 SqFtAbove Grade Finished SqFt3,752 SqFtStories1Lot Size14,375 SqFtStyleMulti-Family Res (5+ Units)Year Built1969ZoningRS-MCountyDURHAMAPN108295

Schools near 2105 Lafayette Street

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 - 6 to 8
Rating
School
Distance
Lakewood Elementary
PublicPK to 5

Sherwood Githens Middle
Public6 to 8

Charles E Jordan Sr High School
Public9 to 12

Lakewood Montessori Middle School
Public6 to 8

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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2105 Lafayette Street is a multi-family home for sale in Durham, NC 27707. This property was listed for sale on May 30, 2024 by Guru Realty Inc., it's currently listed at $670,000. It has been on the market for a total of 54 days and was last sold on June 30, 2022. This listing's school district is Durham Public School District. Nearby schools include Lakewood Elementary, Sherwood Githens Middle and Charles E Jordan Sr High School. 2105 Lafayette Street is a 8-bed, 4-bath, 3,752 sqft multi-family home built in 1969.

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 Guru Realty Inc.

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.