2201 Tampa AVE, Durham, NC 27705
2201 Tampa AVE, Durham, NC 27705
2201 Tampa AVE, Durham, NC 27705
2201 Tampa AVE, Durham, NC 27705
2201 Tampa AVE, Durham, NC 27705
2201 Tampa AVE, Durham, NC 27705
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Listed by Griffin Associates REALTORS
$ 2,140,000
Est. payment | /mo

3 Beds

3 Baths

1,184 SqFt


Save
$ 2,140,000
Est. payment | /mo
Save

3 Beds

3 Baths

1,184 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,184 sqft

Price per Sqft $1,807

Subdivision Not In A Subdivision

MLS Listing ID 10175586

Bedrooms 3

Full Baths 3

HOA Y/N No

Year Built 2026

Lot Size 2,178 Sqft

Acres 0.05

Property Sub-Type Single Family Residence

Source Doorify MLS

Land Area 1184

Property Description

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.

Location

State NC

County Durham

Community Not In A Subdivision

Area 0.05

Interior

Cooling Heat Pump

Flooring Luxury Vinyl

Fireplace No

Exterior

Parking Features On Site

Roof Type Architectural Shingle

Garage No

Building

Story Two

Foundation Block

Water Public

New Construction Yes

Others

Tax ID 243795

Acceptable Financing Cash, Conventional, Other, 1031 Exchange

Listing Terms Cash, Conventional, Other, 1031 Exchange

Doorify MLS

Schools and Properties Nearby

Carolyn Riley

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2201 Tampa AVE