311 Lyric Street, Durham, NC 27701

Durham
Local realty services provided by:ERA Parrish Realty Legacy Group
311 Lyric Street,Durham, NC 27701
$550,000
  • 6 Beds
  • 3 Baths
  • 2,510 sq. ft.
  • Multi-family
  • Pending
Listed by: shikha anand
Office: compass -- raleigh
MLS#:10192976
Source:RD

Price summary

  • Price:$550,000
  • Price per sq. ft.:$219.12

About this home

Income-producing triplex minutes from Downtown Durham in the 27701, a 3-unit multifamily investment property priced right! Three 2-bed/1-bath, two-level units (approx. 2,510 total sq ft) on a 0.22-acre lot, each with a private entrance, rear deck, washer/dryer hookups and its own utilities. Two units are leased with in-place income; Unit C is vacant and ready to lease at a projected $1,600/month, or owner-occupy one unit and let the other two offset the mortgage. Off-street parking plus a storage shed. Quick access to Downtown Durham, Duke University, Duke Health, dining, entertainment, NC-147 and I-85. Two of three water heaters replaced in 2026. A strong fit for rental property investors, 1031 exchange buyers and first-time multifamily owners looking for a Durham triplex for sale close to downtown.

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Home facts

  • Year built:1985
  • Subdivision & Development:Not in a Subdivision
  • Listing ID #:10192976
  • Added:56 day(s) ago
  • Updated:November 11, 2026 at 03:45 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Carpet, Luxury Vinyl
  • Living area:2,510 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1985
  • Building area:2,510 sq. ft.
  • Lot area:0.22 Acres
  • Construction Materials:Vinyl Siding
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$219.12
  • Tax amount:$4,069

Features and amenities

  • Laundry features:Electric Dryer Hookup, Washer Hookup

Parking

  • Parking description:Gravel, Unpaved
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