1614 Fayetteville Street

Durham, NC 27707

$575,000
Price
4
Beds
4
Baths
2,993 Sq. Ft.
$192 / Sq. Ft.
2,993
Sq. Ft.
$192
per Sq. Ft.

Description

This renovated quadruplex is located just south of Downtown Durham and a couple blocks north of N. C. Central University. The building underwent extensive renovations in 2017 which included interior renovations to all four units, roofing, structural repairs, updated plumbing, updated electrical, and updated HVAC systems. Every unit features attractive, one-bedroom and one-bath floorplans with quartz counters, LVP flooring, and washer dryers included. The property is 100% occupied with an average,...This renovated quadruplex is located just south of Downtown Durham and a couple blocks north of N. C. Central University. The building underwent extensive renovations in 2017 which included interior renovations to all four units, roofing, structural repairs, updated plumbing, updated electrical, and updated HVAC systems. Every unit features attractive, one-bedroom and one-bath floorplans with quartz counters, LVP flooring, and washer dryers included. The property is 100% occupied with an average, in-place rent of $1,036 per month and market rents of $1,100. The building has been professionally managed for years and offers buyers a turnkey opportunity with rental upside.
  1. Listed by Reef Challance Ivey • Deaton Investment Real Estate
  2. Listed by Thomas Furlow • Deaton Investment Real Estate

Property Details for 1614 Fayetteville Street

View
Yes
Subdivision
Not in a Subdivision
LISTING UPDATED: 10/20/2024 01:39 PM

Property Details for 1614 Fayetteville Street

StatusActive
MLS #10057711
Days on Market10
Taxes$4,150 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1945
Lot Size0.21 AC / 9,147 SF
CountyDurham County

Building Information for 1614 Fayetteville Street

Stories-Residences-Year Built1945Building Size-Lot Size0.21 AC / 9,147 SF

Property Information for 1614 Fayetteville Street

Summary
Location and General Information
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.978071
  • Longitude: -78.900744
Taxes and HOA Information
  • Tax Annual Amount: $4,150.00
  • City Limits Of: Durham
  • City Limits YN: Yes
  • Lot Number: 2
  • 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: Off Street, Parking Lot
  • Attached Garage: No
Property
Lot Information
  • Building Area Total: 2993.0
  • Architectural Style: Arts & Crafts
  • Total Other Area Sq Ft: 0
  • Parcel Number: 0821903953
Property and Assessments
  • New Construction: No
  • Photos Count: 13
  • 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: Brick, Wood Siding
  • Foundation Details: Brick/Mortar
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Brick, Wood Siding
Interior Features
  • Levels: Two
  • Flooring: Vinyl, Tile
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Central
  • Heating?: Yes
  • Interior: Off Street, Parking Lot, Brick, Wood Siding
  • Equipment: Off Street, Parking Lot
Agent
Sale and Listing
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: Other
Units Information
Unit One
  • Unit One: Actual Rent: 1070.0
  • Unit One: Baths Total: 1.0
  • Unit One: Beds Total: 1.0
  • Unit One: Living Area: 650.0
Unit Two
  • Unit Two: Actual Rent: 1050.0
  • Unit Two: Baths Total: 1.0
  • Unit Two: Beds Total: 1.0
  • Unit Two: Living Area: 650.0
Unit Three
  • Unit Three: Actual Rent: 1035.0
  • Unit Three: Baths Total: 1.0
  • Unit Three: Beds Total: 1.0
  • Unit Three: Living Area: 650.0
Unit Four
  • Unit Four: Actual Rent: 990.0
  • Unit Four: Baths Total: 1.0
  • Unit Four: Beds Total: 1.0
  • Unit Four: Living Area: 650.0

Property History for 1614 Fayetteville 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 1614 Fayetteville Street

Taxable ValueLand-Additions-Total-
Tax Record2023$4,248 ($354 / month)
Home Facts
Baths3Total Finished SqFt3,012 SqFtAbove Grade Finished SqFt3,012 SqFtStories2Lot Size9,148 SqFtStyleMulti-Family Res (5+ Units)Year Built1945ZoningRU-5CountyDURHAMAPN117436

Schools near 1614 Fayetteville Street

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

C. C. Spaulding Elementary
PublicPK to 5

Sherwood Githens Middle
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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1614 Fayetteville Street is a multi-family home for sale in Durham, NC 27707. This property was listed for sale on October 11, 2024 by Deaton Investment Real Estate, it's currently listed at $575,000. It has been on the market for a total of 10 days and was last sold on April 20, 2018. This listing's school district is Durham Public School District. Nearby schools include Morehead Montessori, C. C. Spaulding Elementary and Sherwood Githens Middle. 1614 Fayetteville Street is a 4-bed, 4-bath, 2,993 sqft multi-family home built in 1945.

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 Deaton Investment Real Estate

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.