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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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1919 Morehead Ave , Durham, NC 27707
$749,900
Est. Payment: $3,841.35/mo
8 Bed
4 Bath
3360 Sqft
Status: pending | Days on site: 124
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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Terri Bias
Operator/Brokerage Owner

House Description

Incredible investment opportunity in the heart of Durham! This all-brick quad is fully occupied and offers four 2-bedroom, 1-bath units -- each featuring spacious living rooms, eat-in kitchens, and durable, low-maintenance hardwood flooring. All appliances convey, including washers and dryers, making this a true turnkey property. Tenants enjoy generous outdoor living with covered porches and a large, fully fenced front yard -- perfect for pets or recreation. Off-street parking in the rear provides convenient access. Located just minutes from downtown Durham, Duke University, and Duke University Hospital. Only steps from Lakewood Shopping Center with popular dining and retail options nearby. A short drive or bike ride brings you to Durham Bulls games at the Durham Bulls Athletic Park and the vibrant American Tobacco Campus. With strong rental demand, unbeatable proximity to major employers and entertainment, and a highly desirable location for tenants, this property is a fantastic addition to any real estate portfolio.

Highlights

Listed by Peyton Irby , 919-413-6402 Irby Stinson Realty , 919-413-6402. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Multi-Family

Lot/Acreage
0.21

Year Built

1961

County

Durham

Neighborhood

Not in a Subdivision

Listing ID

10147409

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:4
  • Full Bathrooms:4
Appliances:Dishwasher, Electric Oven, Refrigerator, Washer/Dryer
Air Cond:Window Unit(s)
Fireplaces:
Floor:Vinyl
Above Ground Sq Ft:3360
Below Ground Sq Ft:0
Water:Public

Exterior Features

Zoning:RM-16
Roof:Shingle
Others:
  • Additional:Fenced Yard
Sewer:Public Sewer
Parking Features:Off Street,On Site,On Street
Principal Interest
$3,841
Taxes
$606

Home Price

$749,900

Loan Details

30 yrs
6.625%

Down Payment

20%
$149,980
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:
$3,841.35

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,841.35 $606.19 $0.00 $4,447.54
Yearly $46,096.24 $7,274.28 $0.00 $53,370.52
Total $1,382,887.27 $218,228.40 $0.00 $1,601,115.67

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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