112 S Joyland Street, Durham, NC 27703
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
Listed by:dana harshaw
Office:bold real estate
MLS#:10098489
Source:RD
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Price summary
- Price:$630,000
About this home
Exceptional Investment & Development Opportunity - Don't miss this rare chance to maximize value with versatility in a rapidly growing location!
112 S Joyland presents a prime opportunity for investors, developers, or owner-occupants alike.
This property features two spacious 1564 SF apartments, both with 3 Bedrooms and 2 Full Baths. Both units have been fully remodeled, showcasing modern finishes, functional layouts, and separate driveways—providing privacy and convenience.
Unit A is currently vacant—ideal for immediate occupancy or rental.
Unit B is leased at $2,200/month, generating steady income from day one.
Situated on a generous .45-acre lot, the parcel offers a potential flag lot configuration in alignment with Durham County UDO/zoning guidelines. Hire an architect to explore building an additional dwelling unit or a separate homesite—unlocking substantial added value.
Additionally, there is a 40 ft x 8ft high cube container on lot that does convey: it includes a 50 Amp panel and 50 Amp 240 RV Plug.
Whether you're a first-time homebuyer seeking supplemental rental income, or an investor looking to develop or expand your portfolio, this property offers exceptional flexibility and future upside. Enjoy a private oasis in the rear footprint of the lot, or capitalize on the development potential that this unique parcel presents.
The combination of size, layout, zoning potential, & location makes this a superior real estate asset—one that balances immediate income with long-term growth opportunities.
Contact an agent
Home facts
- Year built:1963
- Listing Id #:10098489
- Added:88 day(s) ago
- Updated:August 20, 2025 at 03:56 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
Heating and cooling
- Cooling:Central Air
- Heating:Floor Furnace, Heat Pump
Structure and exterior
- Roof:Shingle
- Year built:1963
Schools
- High school:Durham - Southern
- Middle school:Durham - Neal
- Elementary school:Durham - Merrick-Moore
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$630,000
- Tax amount:$3,435
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