4206 Delbert Avenue, Durham, NC 27704
Local realty services provided by:ERA Live Moore
4206 Delbert Avenue,Durham, NC 27704
$625,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: christian courtney
Office: gac management group336-671-2437
MLS#:1211374
Source:NC_TRIAD
Price summary
- Price:$625,000
About this home
Investor opportunity in a strong Durham rental market. Four-unit townhome building with 3 units currently leased, providing immediate income. One unit is fully renovated and intentionally left vacant, offering flexibility to lease at market rates, use as an owner-occupied unit, or explore mid-term rental demand from nearby medical professionals. Townhome-style layouts and proximity to Duke University, Duke Hospital, Duke Regional, and major employment centers drive consistent rental interest. This property offers stable cash flow with room to increase returns through strategic rent adjustments. Convenient access to I-85, NC-147, retail, and transit. Ideal for investors seeking a value-add opportunity with strong fundamentals and long-term growth potential. Portfolio purchase opportunity available—ask listing agent for more information.
Contact an agent
Home facts
- Year built:1984
- Listing ID #:1211374
- Added:61 day(s) ago
- Updated:May 04, 2026 at 05:54 PM
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Heat Pump
- Central air:Yes
Structure and exterior
- Year built:1984
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$625,000
- Tax amount:$4,785
Features and amenities
- Laundry features:Washer/Dryer Connection
Parking
- Parking description:Driveway, Paved
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