# 1512 N Hyde Park Avenue, Durham, NC 27701 > **TL;DR:** 8bd/4ba multi-family, $490,000 ($201/sqft), built 1952, 2,440 sqft. > A/C. Est. $2,621/mo. Listed 18 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $490,000 | | Price/sqft | $201 | | Bedrooms | 8 | | Bathrooms | 4 full | | Square Feet | 2,440 | | Year Built | 1952 | | Lot Size | 6,970 sqft (0.16 acres) | | Stories | 1 | | Property Type | Multi-Family (Quadruplex) | | Status | Active | | Days on Market | 18 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,478 | | Estimated Insurance | $143 | | **Total** | **$2,621** | ## Nearby Schools - **Elementary:** Durham - Burton Elementary - **Middle:** Durham - Rogers Herr Middle - **High:** Durham - Northern High ## Key Amenities - A/C ## Property Highlights - Built in 1952 - 0.16 acre lot ## Description ### Agent Description Excellent investment opportunity in Durham's Morgan Park community! This well-located quadruplex features four separate units offering a total of 8 bedrooms and 4 full bathrooms, making it an attractive addition to any rental portfolio. With $4,800 in gross monthly rental income, this property comes close to the popular 1% rule, making it an appealing opportunity for investors seeking rental income and long-term potential. The established rental history provides an opportunity for continued income generation. Interior features include a combination of carpet, ceramic tile, and luxury vinyl flooring, along with electric ranges and refrigerators. Public water and sewer add to the property's convenience, while dedicated off-street parking provides easy access for residents. Additional development opportunity: The adjacent lot is also available for sale (MLS 10198730 available separately), offering potential for future development. Build a duplex with approximately 600 square feet per side or explore the possibility of a 1,200-square-foot single-family home, subject to zoning, permitting, and local requirements. Conveniently located just minutes from downtown Durham, shopping, dining, entertainment, and major roadways, this property combines existing rental income with additional development potential. Don't miss this opportunity to own a multifamily investment property in a desirable Durham location! ## Location - **Address:** 1512 N Hyde Park Avenue, Durham, NC 27701 - **County:** Durham - **Neighborhood:** Not in a Subdivision - **Coordinates:** 36.001359, -78.881189 - **Google Maps:** https://www.google.com/maps?q=36.001359,-78.881189 ## Virtual Tour & Media - **Video Tour:** https://www.zillow.com/view-imx/790d349d-27cb-4dce-8fa5-a4d2acecbc0e?wl=true&setAttribution=mls&initialViewType=pano ## Listing Agent - **Name:** Favio Ruiz - **Brokerage:** DASH Carolina - **Broker Phone:** (984) 205-2279 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1512-N-Hyde-Park-Ave_Durham_NC_27701_M69030-69246?f=listhub&s=TRIANGLE&m=10198731&c=propsimple) ## Photos ![1512 N Hyde Park Avenue - Photo 1](http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f3590232159r.jpg) ![1512 N Hyde Park Avenue - Photo 2](http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f3719389606r.jpg) ![1512 N Hyde Park Avenue - Photo 3](http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f1052634714r.jpg) ![1512 N Hyde Park Avenue - Photo 4](http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f473345465r.jpg) ![1512 N Hyde Park Avenue - Photo 5](http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f3217324338r.jpg) ![1512 N Hyde Park Avenue - Photo 6](http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f521767724r.jpg) ![1512 N Hyde Park Avenue - Photo 7](http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f1046996879r.jpg) ![1512 N Hyde Park Avenue - Photo 8](http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f1446434407r.jpg) ![1512 N Hyde Park Avenue - Photo 9](http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f3025472147r.jpg) ![1512 N Hyde Park Avenue - Photo 10](http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f2931257443r.jpg) ![1512 N Hyde Park Avenue - Photo 11](http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f384310880r.jpg) ![1512 N Hyde Park Avenue - Photo 12](http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f253415493r.jpg) ![1512 N Hyde Park Avenue - Photo 13](http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f436350716r.jpg) ![1512 N Hyde Park Avenue - Photo 14](http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f2427903455r.jpg) ![1512 N Hyde Park Avenue - Photo 15](http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f1106988126r.jpg) ![1512 N Hyde Park Avenue - Photo 16](http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f4210713002r.jpg) ![1512 N Hyde Park Avenue - Photo 17](http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f2781702206r.jpg) ![1512 N Hyde Park Avenue - Photo 18](http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f800501120r.jpg) ![1512 N Hyde Park Avenue - Photo 19](http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f2963026608r.jpg) ![1512 N Hyde Park Avenue - Photo 20](http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f2017521153r.jpg) ![1512 N Hyde Park Avenue - Photo 21](http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f3899369329r.jpg) ![1512 N Hyde Park Avenue - Photo 22](http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f3819137711r.jpg) --- **MLS#:** 10198731 | **Updated:** 2026-10-29 **Source:** listhub *Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/1512-n-hyde-park-avenue-durham-nc-27701-1689af7aa1494f858a9d867cac609e9b) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/1512-n-hyde-park-avenue-durham-nc-27701-1689af7aa1494f858a9d867cac609e9b#listing", "url": "https://staging.propertysimple.ai/listing/1512-n-hyde-park-avenue-durham-nc-27701-1689af7aa1494f858a9d867cac609e9b", "name": "1512 N Hyde Park Avenue, Durham, NC 27701", "description": "Excellent investment opportunity in Durham's Morgan Park community! This well-located quadruplex features four separate units offering a total of 8 bedrooms and 4 full bathrooms, making it an attractive addition to any rental portfolio. With $4,800 in gross monthly rental income, this property comes close to the popular 1% rule, making it an appealing opportunity for investors seeking rental income and long-term potential. The established rental history provides an opportunity for continued income generation. Interior features include a combination of carpet, ceramic tile, and luxury vinyl flooring, along with electric ranges and refrigerators. Public water and sewer add to the property's convenience, while dedicated off-street parking provides easy access for residents. Additional development opportunity: The adjacent lot is also available for sale (MLS 10198730 available separately), offering potential for future development. Build a duplex with approximately 600 square feet per side or explore the possibility of a 1,200-square-foot single-family home, subject to zoning, permitting, and local requirements. Conveniently located just minutes from downtown Durham, shopping, dining, entertainment, and major roadways, this property combines existing rental income with additional development potential. Don't miss this opportunity to own a multifamily investment property in a desirable Durham location!", "image": [ "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f3590232159r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f3719389606r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f1052634714r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f473345465r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f3217324338r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f521767724r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f1046996879r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f1446434407r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f3025472147r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f2931257443r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f384310880r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f253415493r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f436350716r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f2427903455r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f1106988126r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f4210713002r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f2781702206r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f800501120r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f2963026608r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f2017521153r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f3899369329r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f3819137711r.jpg" ], "primaryImageOfPage": { "@type": "ImageObject", "url": "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f3590232159r.jpg", "caption": "1512 N Hyde Park Avenue - Durham, NC" }, "datePosted": "2026-10-16", "dateModified": "2026-10-29T04:31:45.991Z", "mainEntity": { "@type": "Accommodation", "@id": "https://staging.propertysimple.ai/listing/1512-n-hyde-park-avenue-durham-nc-27701-1689af7aa1494f858a9d867cac609e9b#property", "name": "1512 N Hyde Park Avenue, Durham, NC 27701", "address": { "@type": "PostalAddress", "streetAddress": "1512 N Hyde Park Avenue", "addressLocality": "Durham", "addressRegion": "NC", "postalCode": "27701", "addressCountry": "US" }, "geo": { "@type": "GeoCoordinates", "latitude": 36.001359, "longitude": -78.881189 }, "image": [ "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f3590232159r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f3719389606r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f1052634714r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f473345465r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f3217324338r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f521767724r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f1046996879r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f1446434407r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f3025472147r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f2931257443r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f384310880r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f253415493r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f436350716r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f2427903455r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f1106988126r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f4210713002r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f2781702206r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f800501120r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f2963026608r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f2017521153r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f3899369329r.jpg", "http://lh.rdcpix.com/b4e417d9aff9b4f3f0c52c3552e6889dl-f3819137711r.jpg" ], "identifier": { "@type": "PropertyValue", "propertyID": "MLS", "value": "10198731" }, "accommodationCategory": "Quadruplex", "numberOfBedrooms": 8, "numberOfBathroomsTotal": 4, "numberOfFullBathrooms": 4, "floorSize": { "@type": "QuantitativeValue", "value": 2440, "unitCode": "FTK", "unitText": "square feet" }, "yearBuilt": 1952, "amenityFeature": [ { "@type": "LocationFeatureSpecification", "name": "Heating", "value": "Wall Furnace" }, { "@type": "LocationFeatureSpecification", "name": "Cooling", "value": "Window Unit(s)" }, { "@type": "LocationFeatureSpecification", "name": "Flooring", "value": "Vinyl, Tile, Carpet" }, { "@type": "LocationFeatureSpecification", "name": "Construction Materials", "value": "Concrete" }, { "@type": "LocationFeatureSpecification", "name": "Air Conditioning", "value": true } ], "additionalProperty": [ { "@type": "PropertyValue", "name": "Lot Size", "value": "0.16 acres" }, { "@type": "PropertyValue", "name": "Stories", "value": 1 }, { "@type": "PropertyValue", "name": "Property Subtype", "value": "Quadruplex" } ] }, "offers": { "@type": "Offer", "@id": "https://staging.propertysimple.ai/listing/1512-n-hyde-park-avenue-durham-nc-27701-1689af7aa1494f858a9d867cac609e9b#offer", "url": "https://staging.propertysimple.ai/listing/1512-n-hyde-park-avenue-durham-nc-27701-1689af7aa1494f858a9d867cac609e9b", "price": 490000, "priceCurrency": "USD", "businessFunction": "http://purl.org/goodrelations/v1#Sell", "availability": "https://schema.org/InStock", "seller": { "@id": "https://staging.propertysimple.ai/listing/1512-n-hyde-park-avenue-durham-nc-27701-1689af7aa1494f858a9d867cac609e9b#agent" } }, "provider": { "@type": "Person", "@id": "https://staging.propertysimple.ai/listing/1512-n-hyde-park-avenue-durham-nc-27701-1689af7aa1494f858a9d867cac609e9b#agent", "name": "Favio Ruiz", "worksFor": { "@type": "Organization", "@id": "https://staging.propertysimple.ai/listing/1512-n-hyde-park-avenue-durham-nc-27701-1689af7aa1494f858a9d867cac609e9b#brokerage", "name": "DASH Carolina", "telephone": "(984) 205-2279" } } } ```