1608 Fayetteville Street, Durham, NC 27707

Local realty services provided by:ERA Live Moore
1608 Fayetteville Street,Durham, NC 27707
$625,000
  • 6 Beds
  • 3 Baths
  • 3,408 sq. ft.
  • Single family
  • Active
Upcoming open houses
  • Sun, Nov 16
    02:00 pm - 04:00 pm
Listed by: stacy slone
Office: keller williams elite realty
MLS#:10132796
Source:RD

Price summary

  • Price:$625,000
  • Price per sq. ft.:$183.39

About this home

RARE TURNKEY INVESTMENT OPPORTUNITY! Own The Dr. Charles H. Shepard House, a distinguished 6BR/3BA property in Durham's Fayetteville Street Local Historic District, completely renovated with recent capital improvements and ready to generate income from DAY ONE. PROVEN INCOME MODEL - $62,000+ ANNUAL POTENTIAL: This property has demonstrated strong rental performance with rates of $715-$1,050 per room serving working professionals and graduate students. Perfect for serious investors seeking immediate cash flow or house-hackers wanting to offset their mortgage significantly. The property's unique configuration and premium location near NCCU command rental rates that traditional properties simply cannot match. INVESTMENT HIGHLIGHTS & FINANCIAL PERFORMANCE AVAILABLE UPON REQUEST. Diversified income stream across multiple units reduces vacancy risk. Strategic location near NCCU, Duke, & Research Triangle ensures consistent rental demand. Detailed Income Capitalization Analysis available

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1919
  • Listing ID #:10132796
  • Added:1 day(s) ago
  • Updated:November 13, 2025 at 07:54 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:3,408 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Shingle
  • Year built:1919
  • Building area:3,408 sq. ft.
  • Lot area:0.14 Acres

Schools

  • High school:Durham - J D Clement Early College
  • Middle school:Durham - Shepard
  • Elementary school:Durham - Spaulding

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$625,000
  • Price per sq. ft.:$183.39
  • Tax amount:$5,594
MLS LogoListings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.

New listings near 1608 Fayetteville Street