Just Listed
Address
706 Colfax Street, Durham, NC
Price
$ 269,900
Property Attributes
  • ID#10195266
  • TypeMulti-Family
  • Listing Status Active
  • CountyDurham
  • CityDurham
  • NeighborhoodNot in a Subdivision
  • Zip27701
  • StyleBungalow, Ranch
  • Year Built1970
  • Price$ 269,900
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1500
  • Lot Size0.15 Acres
Data Source:
Triangle MLS (TMLS)
Property Description

Investment Opportunity - Turnkey Durham Duplex with Immediate Cash Flow! Excellent opportunity to acquire a fully tenanted, low-maintenance 2-unit residential property just minutes from Downtown Durham and NCCU. Two 2-bedroom, 1-bathroom units. Active long-term tenants with a strong history of consistent occupancy and marketability. Surrounded by recently built and in progress new construction homes. A excellent addition to any real estate portfolio. Roof replaced in 2024. Detailed maintenance and improvement breakdown in MLS docs.

Elementary School Middle School High School
Durham County Schools Elementary School Durham County Schools Middle School Durham County Schools High School
Price History
9/28/2026 Listed $269,900

General Features

Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s),Central Air
Roof Architectural Shingle
Appliances Dryer,Electric Range,Free-Standing Electric Range,Free-Standing Range,Free-Standing Refrigerator,Microwave,Range,Refrigerator,Washer,Washer/Dryer Stacked
Zoning RU-5(2)
Architectural Style Bungalow,Ranch
Construction Materials Brick,Masonite
Year Built 1970
Levels One
Property Subtype Duplex
County Durham
New Construction false
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Not in a Subdivision
Garage Y/N false
Total Rooms 4
Full Baths 2
Status Active
Directions From NC-147 (Durham Freeway), take Exit 11 for NC-55 / S Alston Ave. Head South on S Alston Ave for approx. 0.4 miles. Turn right onto Linwood Ave, then turn right onto Colfax St. 706 Colfax St will be on the left.
High School Durham County Schools
City Durham
Senior Community Y/N false
Lot Size Units Acres
Lot Size Square Feet 6534
Elementary School Durham County Schools
Tax Annual Amount 2766
Middle/Junior High School Durham County Schools
Ok to Lease Other
Structure Type Duplex,Site Built
Standard Status Active

Interior Features

Interior Amenities Ceiling Fan(s),Stone Counters
Flooring Carpet,Laminate,Luxury Vinyl,Wood
Air Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 1500
Laundry Features Inside
Total Bedrooms 4
Total Baths 2

Exterior Features

Exterior Amenities Rain Gutters
Parking Features Garage,Parking Pad
Water Source Public
Lot Size Area 0.15
Foundation Details Slab
Building Area Total 1500
Lot Dimensions 60x115
Lot Size Acres 0.15

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 27701

Price
AVG $440K
$270K
Year Built
AVG 1980
1970