SoldMay 14, 2026

Bought with Garrett White

Source: Triangle MLS, Inc. #10102564

22092211 Morehead Avenue, Durham, NC, 27707

$1,405,000

22
13
9148 sq. ft.
43995.6 sq. ft.

Apartment

30+ days on the market

Sold: May 14, 2026

What's around 22092211 Morehead Avenue

About this property

Investor Opportunity - Renovated MF Near Duke | 6.75 Cap | Stable Rents | 9 Units 2 Buildings with 9 units less than 1 mile from Duke University and Downtown Durham, offering strong in-place cash flow and a 6.75% cap rate. Unit mix includes rare 3BR/2BA and 2BR/1BA layouts that attract long-term tenants seeking single-family alternatives. Recent upgrades: new roof, HVAC system upgrades in some units, drainage improvements, modernized kitchens/baths in various units, and selective interior renovations (hardwoods, appliances, reconfigured closets). Additional Low turnover, proven rental history, and walkable yet private setting. Ideal for investors seeking stable performance with value-add levers.

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