Address
311 Lyric Street, Durham, NC
Price
$ 550,000
Property Attributes
- MLS#10192976
- TypeMulti-Family
- Listing Status Active
- CountyDurham
- CityDurham
- NeighborhoodNot in a Subdivision
- Zip27701
- StyleContemporary
- Year Built1985
- Price$ 550,000
- Bedrooms6
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2510
- Lot Size0.22 Acres
Data Source:
Triangle MLS (TMLS)
Property Description
Income-producing triplex in Durham's desirable 27701 zip code! The property offers three 2-bedroom, 1-bath residences totaling approximately 2,510 square feet on a 0.22-acre lot. Units A and C feature identical floor plans, with Unit B offering a mirrored layout. Each residence includes its own entrance, defined living and dining spaces, a functional kitchen, two bedrooms and one full bath upstairs. Additional features include off-street parking and outdoor space. Two units are currently leased, providing established rental income, while vacant Unit C is available for showings and offers flexibility for a new tenant or potential owner-occupant. Individual entrances, outdoor space and off-street parking complete the property. Conveniently positioned near Downtown Durham, Duke University, dining, entertainment and major commuter routes, an excellent opportunity to acquire a three-unit multifamily asset in a growing Durham location. Recent Upgrades and Details: Washer/dryer hookups in each unit • Water heaters: 2026, 2026 and 2002 • Individual HVAC systems: 2014, 2000 and 2009
| Price History | |
|---|---|
| 9/16/2026 | Listed $550,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Roof | Shingle |
| Zoning | RM-12 |
| Architectural Style | Contemporary |
| Construction Materials | Vinyl Siding |
| Year Built | 1985 |
| Levels | Two |
| Property Subtype | Triplex |
| County | Durham |
| New Construction | false |
| Property Type | Residential Income |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | Not in a Subdivision |
| Full Baths | 3 |
| Status | Active |
| City | Durham |
| Open Parking Spaces | 4 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 9583 |
| Tax Annual Amount | 4069 |
| Ok to Lease | 12 Months |
| Structure Type | Triplex |
| Standard Status | Active |
Interior Features
| Flooring | Carpet,Luxury Vinyl,Other |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Above Grade Finished Area | 2510 |
| Laundry Features | Electric Dryer Hookup,Washer Hookup |
| Total Bedrooms | 6 |
| Total Baths | 3 |
Exterior Features
| Parking Features | Gravel,Unpaved |
|---|---|
| Water Source | Public |
| Lot Size Area | 0.22 |
| Foundation Details | Crawlspace |
| Building Area Total | 2510 |
| Lot Size Acres | 0.22 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 27701
Price
Year Built
