Silvestri Properties
Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5Real estate listing preview #6Real estate listing preview #7Real estate listing preview #8Real estate listing preview #9Real estate listing preview #10
listing
1 of 10
Residential IncomeFor Sale
$1,990,000
2209-2211 Morehead Avenue
Durham, NC 27707
Courtesy of Compass -- Chapel Hill - Durham
MLS: Doorify MLS
22Beds
13Baths
9,148Sq Ft
Est. Mortgage
$10,372/mo

Investor Opportunity - Renovated MF Near Duke | 5.5% Cap | Stable Rents + Upside Charming, fully leased multifamily asset less than 1 mile from Duke University, offering strong in-place cash flow and a 5.6% cap rate. Unit mix includes rare 3BR/2BA and 2BR/2BA layouts that attract long-term tenants seeking single-family alternatives. Recent upgrades: new roof, HVAC system upgrades, drainage improvements, modernized kitchens/baths, and selective interior renovations (hardwoods, appliances, reconfigured closets). Additional Low turnover, proven rental history, and walkable yet private setting. Ideal for investors seeking stable performance with value-add levers.

Get in touch
Compliance Image
Community / School Information