706 Colfax Street, Durham, NC 27701

Durham
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
706 Colfax Street,Durham, NC 27701
$269,900
  • 4 Beds
  • 2 Baths
  • 1,500 sq. ft.
  • Multi-family
  • Pending
Listed by: david bermel
Office: west & woodall real estate - d
MLS#:10197911
Source:RD

Price summary

  • Price:$269,900
  • Price per sq. ft.:$179.93

About this home

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. Currently generating $1,900/month in gross rental income ($950/side) 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.

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Home facts

  • Year built:1970
  • Subdivision & Development:Not in a Subdivision
  • Listing ID #:10197911
  • Added:42 day(s) ago
  • Updated:November 10, 2026 at 07:30 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Laminate, Luxury Vinyl, Wood
  • Kitchen Description:Dryer, Electric Range, Free-Standing Electric Range, Free-Standing Range, Free-Standing Refrigerator, Microwave, Range, Refrigerator, Washer, Washer/Dryer Stacked
  • Living area:1,500 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Architectural Shingle
  • Year built:1970
  • Building area:1,500 sq. ft.
  • Lot area:0.15 Acres
  • Construction Materials:Brick, Masonite
  • Exterior Features:Rain Gutters
  • Foundation Description:Slab
  • Levels:One

Schools

  • High school:Durham County Schools
  • Middle school:Durham County Schools
  • Elementary school:Durham County Schools

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$269,900
  • Price per sq. ft.:$179.93
  • Tax amount:$2,766

Features and amenities

  • Laundry features:Inside

Parking

  • Parking description:Garage, Parking Pad
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