Agent profile image in chat bubble
Agent profile image in chat header

Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

Agent profile image in message

201 Broadway St , Durham, NC 27701
$1,950,000
Est. Payment: $10,959.07/mo
16 Bed
8 Bath
10216 Sqft
0.36 Acres
Status: active | Days on site: 15
Get Pre-Qualified
73847 - 78942
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Terri Bias, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
Agent profile image
Terri Bias
Operator/Brokerage Owner

House Description

Amazing opportunity to own the rare and beautifully preserved Markham Apartments, an 8-unit historic apartment building in downtown Durham. Showcasing distinctive Spanish Colonial Revival architecture, this remarkable property features eight spacious 2-bedroom, 1-bathroom units with soaring ceilings, hardwood floors, large windows, heavy cornice and dentil moldings, and striking arches separating the living and dining areas. Many of the building's original architectural features have been carefully preserved, earning the property the 2002 George & Mary Pyne Preservation Award for historic preservation. The exterior combines classic brick and stucco with a metal roof, while charming front and rear porches serve the lower units and upper units feature balconies with decorative spindles. Each unit offers a spacious, updated kitchen with granite countertops. Residents also enjoy a welcoming front courtyard, a common laundry room, and off-street rear parking with 10 spaces. There is also potential to add in-unit washers and dryers, providing an opportunity for further modernization and value enhancement. A rare combination of historic character, architectural distinction, and downtown location, the Markham Apartments presents a unique investment opportunity in one of Durham's most desirable urban settings.

Highlights

Listed by John Whaley , Frasher Whaley Realty Group , Triangle MLS, Inc. of North Carolina mls logo

Property Type

Multi-Family

Lot/Acreage
0.36

Year Built

1950

County

Durham

Neighborhood

Not in a Subdivision

Listing ID

10195417

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:16
  • ▪ Bathrooms:8
  • ▪ Full Bathrooms:8
Appliances:Electric Range, Microwave, Refrigerator, Water Heater
Air Cond:Central Air,Gas Pack
Fireplaces:
Floor:Hardwood
Above Ground Sq Ft:10216
Basement:Exterior Entry
Other:
  • ▪ Additional:Crown Molding, Granite Counters, High Ceilings
Water:Public

Exterior Features

Roof:Rubber
Others:
  • ▪ Additional:Courtyard, Fenced Yard, Front Porch, Rear Porch, Terrace
Sewer:Public Sewer
Parking Features:Off Street,Parking Lot
Principal Interest
$10,959
Taxes
$1,243

Home Price

$1,950,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$390,000
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:
$10,959.07

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,959.07 $1,243.13 $0.00 $12,202.19
Yearly $131,508.80 $14,917.50 $0.00 $146,426.30
Total $3,945,263.89 $447,525.00 $0.00 $4,392,788.89

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Oct 2026

Average Price

All Price Ranges
N/A
Oct 2026

Average Days on Market

All Price Ranges
N/A
Oct 2026
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: 2026-10-14T17:52:00.000Z

© 2026 Triangle MLS, Inc. of North Carolina

MLS Logo - Triangle MLS, Inc. of North Carolina