311 Lyric ST, Durham, NC 27701
311 Lyric ST, Durham, NC 27701
311 Lyric ST, Durham, NC 27701
311 Lyric ST, Durham, NC 27701
311 Lyric ST, Durham, NC 27701
311 Lyric ST, Durham, NC 27701
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Carolyn Riley

Carolyn Riley

+1(984) 399-6373
Listed by Compass -- Raleigh
$ 550,000
Est. payment | /mo

6 Beds

3 Baths

2,510 SqFt

Save
$ 550,000
Est. payment | /mo
Save

6 Beds

3 Baths

2,510 SqFt

Open House

Thu Oct 08, 4:00pm - 5:00pm

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,510 sqft

Price per Sqft $219

Subdivision Not In A Subdivision

MLS Listing ID 10192976

Bedrooms 6

Full Baths 3

HOA Y/N No

Year Built 1985

Annual Tax Amount $4,069

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Triplex

Source Doorify MLS

Land Area 2510

Property Description

Income-producing triplex minutes from Downtown Durham in the 27701, a 3-unit multifamily investment property priced right! Three 2-bed/1-bath, two-level units (approx. 2,510 total sq ft) on a 0.22-acre lot, each with a private entrance, rear deck, washer/dryer hookups and its own utilities. Two units are leased with in-place income; Unit C is vacant and ready to lease at a projected $1,600/month, or owner-occupy one unit and let the other two offset the mortgage. Off-street parking plus a storage shed. Quick access to Downtown Durham, Duke University, Duke Health, dining, entertainment, NC-147 and I-85. Two of three water heaters replaced in 2026. A strong fit for rental property investors, 1031 exchange buyers and first-time multifamily owners looking for a Durham triplex for sale close to downtown.

Location

State NC

County Durham

Community Not In A Subdivision

Area 0.22

Zoning RM-12

Interior

Cooling Central Air

Flooring Carpet, Luxury Vinyl, Other

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Parking Features Gravel, Unpaved

Roof Type Shingle

Garage No

Building

Story Two

Water Public

New Construction No

Others

Tax ID 110110

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Doorify MLS

Schools and Properties Nearby

Carolyn Riley

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(984) 399-6373

carolyn.riley@lptrealty.com

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311 Lyric ST