1008 Alabama Avenue, Durham, NC 27705
Local realty services provided by:ERA Parrish Realty Legacy Group
1008 Alabama Avenue,Durham, NC 27705
$360,000
- 2 Beds
- 2 Baths
- 1,008 sq. ft.
- Multi-family
- Active
Listed by: thomas furlow
Office: deaton investment real estate
MLS#:10166156
Source:RD
Price summary
- Price:$360,000
- Price per sq. ft.:$357.14
About this home
Old West Durham duplex at 1008 Alabama Avenue in Durham, N.C.
The property features one-bedroom units and offers an attractive opportunity for investors seeking both in-place income and value-add potential. One unit has been recently updated and is leased for $1,000 per month (lease expiration Aug-26). The second unit is vacant, providing an opportunity for immediate upside through lease-up to market rents and value-add renovations. The vacancy also presents an excellent opportunity for an owner-occupant seeking to live in one unit while generating income from the other.
Located in Durham's desirable Old West Durham neighborhood, the property is positioned within an area that has experienced significant revitalization through new infill development and high-end residential renovations. The neighborhood's proximity to Downtown Durham, Duke University, and major employment centers continues to drive strong rental demand and long-term investment growth, making 1008 Alabama Avenue a compelling opportunity in one of the Triangle's most sought-after neighborhoods....
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Home facts
- Year built:1930
- Listing ID #:10166156
- Added:1 day(s) ago
- Updated:May 09, 2026 at 05:57 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Carpet, Vinyl
- Living area:1,008 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Baseboard Heat
Structure and exterior
- Roof:Asphalt
- Year built:1930
- Building area:1,008 sq. ft.
- Lot area:0.12 Acres
- Construction Materials:Wood Siding
- Levels:One
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$360,000
- Price per sq. ft.:$357.14
- Tax amount:$3,429
Parking
- Parking description:Driveway, On Street
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