2201 Tampa Avenue, Durham, NC 27705

Durham
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
2201 Tampa Avenue,Durham, NC 27705
$2,140,000
  • 3 Beds
  • 3 Baths
  • 1,184 sq. ft.
  • Multi-family
  • Active
Listed by: ezequiel espitia
Office: griffin associates realtors
MLS#:10175586
Source:RD

Price summary

  • Price:$2,140,000
  • Price per sq. ft.:$1,807.43

About this home

Price improved to $2,140,000 ($428,000/home). Five new-construction (2026) detached single-family homes near Duke University and Downtown Durham, offered as one portfolio: 2201 Tampa B, 2201 Tampa C, 2203 Tampa A, 2203 Tampa B and 2205 Tampa. Three homes leased July 2026 at $2,400, $2,500 and $2,400/month; two vacant homes ready to lease. Stabilized at current rents: $142,800/yr gross and $114,488 NOI after taxes and insurance (5.35% cap). Four 3 BR/3 BA homes and one 2 BR/2.5 BA. No shared walls, no HOA, 2 parking spaces on each lot, tenants pay all utilities. Low-maintenance new construction with strong Duke-area rental demand. 1031 exchange buyers welcome. Investor packet and rent roll available on request.

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Home facts

  • Year built:2026
  • Subdivision & Development:Not in a Subdivision
  • Listing ID #:10175586
  • Added:143 day(s) ago
  • Updated:November 12, 2026 at 04:14 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Luxury Vinyl
  • Living area:1,184 sq. ft.

Heating and cooling

  • Cooling:Heat Pump

Structure and exterior

  • Roof:Architectural Shingle
  • Year built:2026
  • Building area:1,184 sq. ft.
  • Lot area:0.05 Acres
  • Construction Materials:HardiPlank Type, Lap Siding
  • Foundation Description:Block
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,140,000
  • Price per sq. ft.:$1,807.43

Parking

  • Parking description:On Site
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