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About This Home

This 4-bedroom, 2-bathroom residential multi family at 1120 Drew Street in Durham, NC is listed for $375,000 ($248 per sqft). Built in 1971, the home offers 1,512 sqft of living space on a 0.19 acres lot.

Agent Description

This beautifully renovated duplex presents a compelling investment opportunity in the heart of Durham, strategically positioned within a high-demand rental corridor. Each unit has been thoughtfully remodeled to deliver modern finishes, functional layouts, and turnkey convenience, making it exceptionally attractive to both tenants and investors alike.

The property benefits from strong rental performance in the immediate area, with comparable units achieving approximately $1,500 per month per side, offering robust income potential and long-term upside. Additionally, all major appliances are included, further enhancing the asset's move-in readiness and reducing upfront costs for ownership. Whether you are seeking to expand your portfolio or secure a cash-flowing asset in a rapidly appreciating market, this duplex represents a highly efficient and scalable investment.

Key Features

  • Built in 1971
  • 0.19 acre lot

Property Details

1 story
2 full
1971

Amenities

A/C

Monthly Cost Estimate

$2,006/mo

20% down · 6.5% · 30 years

Principal$271
Interest$1,625
Insurance$109

Estimates only. Actual payments may vary.

Location

1120 Drew Street

Durham, NC 27701

Not in a Subdivision

Property Details

Flooring

Vinyl

Construction

Brick Veneer

Heating

Wall Furnace

Cooling

Window Unit(s)Wall/Window Unit(s)Wall Unit(s)

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 1120 Drew Street is listed at $375,000 ($248/sqft). The estimated monthly payment is $1,625 based on 20% down at 6.5% interest.

Key features include: Built in 1971, 0.19 acre lot.

This property is listed by Vicente Jose De La P Barrios Hernandez and can be reached at 9195213014 or vijopaz@gmail.com.

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VH

Vicente Jose De La P Barrios Hernandez

Agent at EXP Realty LLC

(919) 521-3014

Listed by EXP Realty LLC

MLS# 10156905· Source: listhub· Updated 8 days ago

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1120 Drew Street, Durham, NC 27701

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