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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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2201 Tampa Ave , Durham, NC 27705
$2,140,000
Est. Payment: $12,026.87/mo
3 Bed
3 Bath
1184 Sqft
0.05 Acres
Status: active | Days on site: 114
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77157 - 90758
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.
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Terri Bias
Operator/Brokerage Owner
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House Description

Price improved to $2,140,000 ($428,000/home). Five new-construction (2026) detached single-family homes near Duke University and Downtown Durham, offered as one portfolio: 2201 Tampa B, 2201 Tampa C, 2203 Tampa A, 2203 Tampa B and 2205 Tampa. Three homes leased July 2026 at $2,400, $2,500 and $2,400/month; two vacant homes ready to lease. Stabilized at current rents: $142,800/yr gross and $114,488 NOI after taxes and insurance (5.35% cap). Four 3 BR/3 BA homes and one 2 BR/2.5 BA. No shared walls, no HOA, 2 parking spaces on each lot, tenants pay all utilities. Low-maintenance new construction with strong Duke-area rental demand. 1031 exchange buyers welcome. Investor packet and rent roll available on request.
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Highlights

Listed by Ezequiel Espitia , Griffin Associates REALTORS , Triangle MLS, Inc. of North Carolina mls logo

Property Type

Multi-Family
Lot/Acreage
0.05

Year Built

2026

County

Durham

 Neighborhood

Not in a Subdivision

Listing ID

10175586

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Air Cond:Heat Pump
Fireplaces:
Floor:Luxury Vinyl
Above Ground Sq Ft:1184
Water:Public

Exterior Features

Roof:Architectural Shingle
Sewer:Public Sewer
Parking Features:On Site
Principal Interest
$12,027
Taxes
$1,364

Home Price

$2,140,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$428,000
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:
$12,026.87

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,026.87 $1,364.25 $0.00 $13,391.12
Yearly $144,322.47 $16,371.00 $0.00 $160,693.47
Total $4,329,674.21 $491,130.00 $0.00 $4,820,804.21

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

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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: 2026-10-14T19:53:58.000Z

© 2026 Triangle MLS, Inc. of North Carolina

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