Just Listed
Address
201 Broadway Street, Durham, NC
Price
$ 1,950,000
Property Attributes
  • ID#10195417
  • TypeMulti-Family
  • Listing Status Active
  • CountyDurham
  • CityDurham
  • NeighborhoodNot in a Subdivision
  • Zip27701
  • StyleNational Historic Designation
  • Year Built1950
  • Price$ 1,950,000
  • Bedrooms16
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage10216
  • Lot Size0.36 Acres
Data Source:
Triangle MLS (TMLS)
Property 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.

Elementary School Middle School High School
Durham - George Watts Elementary Elementary School Durham - Brogden Middle Middle School Durham - Riverside High High School
Price History
9/29/2026 Listed $1,950,000

General Features

Sewer Public Sewer
Heating Central,Gas Pack,Natural Gas
Cooling Central Air,Gas Pack
Utilities Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Roof Rubber
Appliances Electric Range,Microwave,Refrigerator,Water Heater
Patio/Porch Features Front Porch,Rear Porch,Terrace
Architectural Style National Historic Designation
Construction Materials Brick Veneer
Year Built 1950
Levels Two
Property Subtype Apartment
County Durham
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Subdivision Name Not in a Subdivision
Full Baths 8
Status Active
High School Durham - Riverside High
City Durham
Open Parking Spaces 10
Lot Size Units Acres
Lot Size Square Feet 15682
Elementary School Durham - George Watts Elementary
Middle/Junior High School Durham - Brogden Middle
Structure Type Multi Family,Site Built
Standard Status Active

Interior Features

Interior Amenities Crown Molding,Granite Counters,High Ceilings
Basement Exterior Entry
Flooring Hardwood
Air Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 10216
Laundry Features Common Area,Laundry Room
Total Bedrooms 16
Above Grade Finished Area Source Appraiser
Total Baths 8

Exterior Features

Exterior Amenities Courtyard,Fenced Yard
Fencing Front Yard
Parking Features Off Street,Parking Lot
Water Source Public
Lot Size Area 0.36
Foundation Details Combination
Building Area Total 10216
Lot Size Acres 0.36
Road Surface Type Paved
Road Frontage Type City Street

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 $520K
$1.95M
Year Built
AVG 1978
1950