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1011 Burke St, Durham, NC 27707
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1011 Burke St, Durham, NC 27707
Sold for $1,650,000
1011 Burke St, Durham, NC 27707
Sold for $1,650,000
1011 Burke St, Durham, NC 27707
1011 Burke St, Durham, NC 27707
1011 Burke St, Durham, NC 27707
1011 Burke St, Durham, NC 27707

1011 Burke St Durham, NC 27707

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$1,650,000

CLOSED
Beds
Baths
Sqft
0
Year
1971
Close Date
Jun 15, 2018
Property Type
Residential Income
Sub Type
Apartment
Date Listed
Apr 18, 2018

Description of 1011 Burke St, Durham, NC 27707

Listing details for 1011 Burke St, Durham, NC 27707 : Located in the thriving Lakewood area, apprx. 1 mile from Downtown and Duke. All 18 units are 1 BD/1 BA floorplans, 15 have renovated interiors. Brick exterior. Roof replaced 2017. With current rents at an average of $700 per unit and in-place rents as high as $735, the buyer can realize income growth by leasing to market and renovating the last three units. Property can be purchased with neighboring 14 units at 1901 Morehead and 18 units at 2006 House. Units are submetered for water.
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Listing Updated : 06-19-2026 at 7:33 AM EDT
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Listing Provided By

Thomas Furlow, 919-412-3913, Deaton Investment Real Estate

Properties displayed may be listed or sold by various participants in the MLS

Source

Triangle, MLS, MLS#: 2186022

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Property History

DateEventPrice
6/15/2018
Sold
$1,650,000
Source:Triangle, MLS #2186022
4/18/2018
Listed for sale
—
Source:Triangle, MLS #2186022

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The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2026 Doorify MLS of North Carolina. All rights reserved.
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1011 Burke St, Durham, NC 27707
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