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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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1006 Proctor St , Durham, NC 27707
$274,900
Est. Payment: $1,408.17/mo
2 Bed
2 Bath
955 Sqft
Status: pending | Days on site: 78
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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Terri Bias
Operator/Brokerage Owner

House Description

Stable, easy-to-rent, fully-legal duplex in Morehead Hill. Renovated in 2023 with metal roof, replacement windows, tile showers, new water heaters, flooring, paint, fixtures and appliances. Each unit has its own electric and water meters. New construction surrounds this property. You know the investing adage: ''Buy the cheapest house in the best neighborhood.'' This is only multi-family in the zip code under 300k and provides much-needed affordable rental inventory for the community. For owner-occupants, this is a rare opportunity to hav your own home in a great part of Durham and pay less than 1k a month on your mortgage (after factoring in rent from the other unit)! Unit A, new carpet, paint and furnishings in 2026, rented furnished at $294/week ($1,274/month) Unit B, rented $915/month last two years to a Duke Grad student. Will be vacant Jan. 30. Out of respect for tenants, proof of funds required before showing occupied units.

Highlights

Listed by Gene Mack , 770-769-7234 New Village Real Estate , 919-795-0354. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Multi-Family

Lot/Acreage
0.17

Year Built

1910

County

Durham

Neighborhood

Not in a Subdivision

Listing ID

10132436

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:2
Air Cond:Central Air,Heat Pump,Multi Units,Separate Meters
Fireplaces:
Floor:Carpet,Vinyl
Above Ground Sq Ft:955
Below Ground Sq Ft:0
Water:Public

Exterior Features

Roof:Aluminum,Shingle
Sewer:Public Sewer
Parking Features:On Site
Principal Interest
$1,408
Taxes
$111

Home Price

$274,900

Loan Details

30 yrs
6.625%

Down Payment

20%
$54,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,408.17

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,408.17 $111.21 $0.00 $1,519.38
Yearly $16,898.06 $1,334.49 $0.00 $18,232.55
Total $506,941.87 $40,034.70 $0.00 $546,976.57

Today's Rates

30 Year

6.63%

20 Year

6.38%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Durham, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-08-24T13:40:36.000Z

© 2026 Triangle MLS, Inc. of North Carolina

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