Investor Alert!! Income Producing Duplex with Paying Tenants and Property Manager Already In Place, in a Developing Old East Durham Neighborhood! Property has been Renovated with New Windows, 2 New Heat Pump Systems, Newer Hot Water Heaters, Freshly Painted and Foundation Work has been Completed. Cap Rate is 23% - Immediate CASH FLOW!!!
Sold for $250,000 on 07/12/24
Street View
$250,000
703 N Guthrie Ave, Durham, NC 27703
--beds
0baths
1,400sqft
MultiFamily
Built in 1920
-- sqft lot
$311,800 Zestimate®
$179/sqft
$1,503 Estimated rent
Home value
$311,800
$262,000 - $368,000
$1,503/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Heat pump
Cooling
- Other
Features
- Flooring: Hardwood, Linoleum / Vinyl
Interior area
- Total interior livable area: 1,400 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Wood
Lot
- Size: 4,791 sqft
Details
- Parcel number: 112944
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Other
Condition
- Year built: 1920
Community & neighborhood
Location
- Region: Durham
Price history
| Date | Event | Price |
|---|---|---|
| 7/12/2024 | Sold | $250,000+431.9%$179/sqft |
Source: Public Record | ||
| 2/14/2013 | Sold | $47,000-13%$34/sqft |
Source: Public Record | ||
| 1/15/2013 | Price change | $54,000-10%$39/sqft |
Source: Dream Living Realty #1863077 | ||
| 1/3/2013 | Listed for sale | $60,000$43/sqft |
Source: Dream Living Realty #1863077 | ||
| 11/21/2012 | Listing removed | $60,000$43/sqft |
Source: Dream Living Realty #1863077 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,338 +110.8% | $235,886 +196.6% |
| 2024 | $1,109 +6.5% | $79,537 |
| 2023 | $1,042 +2.3% | $79,537 |
Find assessor info on the county website
Neighborhood: Old East Durham
Nearby schools
GreatSchools rating
- 3/10Eastway ElementaryGrades: PK-5Distance: 0.5 mi
- 5/10Neal MiddleGrades: 6-8Distance: 5.4 mi
- 2/10Northern HighGrades: 9-12Distance: 7.3 mi
Schools provided by the listing agent
- Elementary: Durham - Eastway
- Middle: Durham - Chewning
- High: Durham - Southern
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$311,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$311,800