1512 N Hyde Park Avenue, Durham, NC 27701

Durham
Local realty services provided by:ERA Live Moore
1512 N Hyde Park Avenue,Durham, NC 27701
$490,000
Virtual Tour
  • 8 Beds
  • 4 Baths
  • 2,440 sq. ft.
  • Single family
  • Active
Listed by: favio ruiz
Office: dash carolina
MLS#:10198731
Source:RD

Price summary

  • Price:$490,000
  • Price per sq. ft.:$200.82

About this home

Excellent investment opportunity in Durham's Morgan Park community! This well-located quadruplex features four separate units offering a total of 8 bedrooms and 4 full bathrooms, making it an attractive addition to any rental portfolio. With $4,800 in gross monthly rental income, this property comes close to the popular 1% rule, making it an appealing opportunity for investors seeking rental income and long-term potential. The established rental history provides an opportunity for continued income generation. Interior features include a combination of carpet, ceramic tile, and luxury vinyl flooring, along with electric ranges and refrigerators. Public water and sewer add to the property's convenience, while dedicated off-street parking provides easy access for residents. Additional development opportunity: The adjacent lot is also available for sale (MLS 10198730 available separately), offering potential for future development. Build a duplex with approximately 600 square feet per...

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Home facts

  • Year built:1952
  • Subdivision & Development:Not in a Subdivision
  • Listing ID #:10198731
  • Added:9 day(s) ago
  • Updated:October 25, 2026 at 03:54 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:1
  • Flooring:Carpet, Tile, Vinyl
  • Living area:2,440 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Shingle
  • Year built:1952
  • Building area:2,440 sq. ft.
  • Lot area:0.16 Acres
  • Architectural Style:Traditional
  • Construction Materials:Concrete
  • Foundation Description:Concrete, Slab
  • Levels:One

Schools

  • High school:Durham - Northern High
  • Middle school:Durham - Rogers Herr Middle
  • Elementary school:Durham - Burton Elementary

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$490,000
  • Price per sq. ft.:$200.82
  • Tax amount:$3,576
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