Great investment property near downtown Durham. Plenty of possibilities here! Occupy one side and generate lease income on the other. Bring your ideas!
Pending
$259,900
203 Cherry Grv, Durham, NC 27703
4beds
1,500sqft
Est.:
Duplex, Multi Family
Built in 1972
-- sqft lot
$254,800 Zestimate®
$173/sqft
$-- HOA
What's special
- 38 days |
- 144 |
- 6 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: November 18, 2025 at 04:15pm
Listed by:
Quinton Morris 919-730-6313,
The Property Firm, LLC
Source: Doorify MLS,MLS#: 10131356
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Other
Interior area
- Total structure area: 1,500
- Total interior livable area: 1,500 sqft
- Finished area above ground: 1,500
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Concrete
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Has view: Yes
Lot
- Size: 9,583.2 Square Feet
Details
- Parcel number: 112631
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not in a Subdivision
HOA
- Has HOA: No
Location
- Region: Durham
Financial & listing details
- Price per square foot: $173/sqft
- Tax assessed value: $265,867
- Annual tax amount: $2,636
- Date on market: 11/4/2025
- Lease term: Month To Month
Estimated market value
$254,800
$242,000 - $268,000
$2,689/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Pending sale | $259,900$173/sqft |
Source: | ||
| 11/4/2025 | Listed for sale | $259,900+326.1%$173/sqft |
Source: | ||
| 9/3/2015 | Sold | $61,000-18.6%$41/sqft |
Source: | ||
| 1/27/2011 | Listing removed | $74,900$50/sqft |
Source: Innisfree Properties, LLC #1752262 Report a problem | ||
| 10/16/2010 | Listed for sale | $74,900$50/sqft |
Source: Innisfree Properties, LLC #1752262 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,636 +89.2% | $265,867 +166.2% |
| 2024 | $1,393 +6.5% | $99,860 |
| 2023 | $1,308 +2.3% | $99,860 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,507/mo
Principal & interest
$1260
Property taxes
$156
Home insurance
$91
Climate risks
Neighborhood: Old East Durham
Nearby schools
GreatSchools rating
- 4/10Y E Smith ElementaryGrades: PK-5Distance: 0.4 mi
- 5/10Brogden MiddleGrades: 6-8Distance: 3.1 mi
- 3/10Riverside High SchoolGrades: 9-12Distance: 6.6 mi
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