4206 Delbert Avenue, Durham, NC 27704
- $600,000
- Sold Price
- $600,000
- List Price
- $625,000
- Closing Date
- Jul 01, 2026
- MLS#
- 1211374
- Status
- CLOSED
- Type
- Multifamily
- Subtype
- Quadruplex
- Lot Size
- 14,810
Property Description
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.
Additional Information
- Acres
- 0.34
- Appliances
- Electric Water Heater
- Cooling Type
- Central Air
- Heating
- Heat Pump, Electric
- Heating Fuel
- Electric
- Lot Size
- 14,810
- Parking
- Driveway, Paved
- Sewer
- Public Sewer
- Show Street Address
- Yes
- Total Units
- 4
- Water
- Public
- Water Heater
- Electric
- Year Built
- 1984
Mortgage Calculator
Listing courtesy of GAC Management Group. Contact:
Selling Office: nonmls.