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2209-2211 Morehead Ave, Durham, NC 27707
2209-2211 Morehead Ave, Durham, NC 27707
Sold for $1,405,000
2209-2211 Morehead Ave, Durham, NC 27707
Sold for $1,405,000
2209-2211 Morehead Ave, Durham, NC 27707
2209-2211 Morehead Ave, Durham, NC 27707
2209-2211 Morehead Ave, Durham, NC 27707
2209-2211 Morehead Ave, Durham, NC 27707

2209-2211 Morehead Ave Durham, NC 27707

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$1,405,000

CLOSED
Beds
22
Baths
13
Sqft
9,148
Acres
1.01
Year
1960
Close Date
May 14, 2026
Property Type
Residential Income
Sub Type
Apartment
Per Square Foot
$154
Date Listed
Jun 12, 2025

Description of 2209-2211 Morehead Ave, Durham, NC 27707

Listing details for 2209-2211 Morehead Ave, Durham, NC 27707 : Investor Opportunity - Renovated MF Near Duke | 6.75 Cap | Stable Rents | 9 Units 2 Buildings with 9 units less than 1 mile from Duke University and Downtown Durham, offering strong in-place cash flow and a 6.75% cap rate. Unit mix includes rare 3BR/2BA and 2BR/1BA layouts that attract long-term tenants seeking single-family alternatives. Recent upgrades: new roof, HVAC system upgrades in some units, drainage improvements, modernized kitchens/baths in various units, and selective interior renovations (hardwoods, appliances, reconfigured closets). Additional Low turnover, proven rental history, and walkable yet private setting. Ideal for investors seeking stable performance with value-add levers.
Listing Updated : 10-01-2026 at 10:27 AM EDT
Listing Provided By

Ed W Billings, 919-423-6627, Compass -- Chapel Hill - Durham

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

Source

Triangle, MLS, MLS#: 10102564

What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$1.10M – $1.71M
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

Comments
What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$1.10M – $1.71M
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

Property History

DateEventPrice
5/14/2026
Sold
$1,405,000 -9.4%
$154/sqft
Source:Triangle, MLS #10102564
4/4/2026
Pending sale
$1,550,000 0%
$169/sqft
Source:Triangle, MLS #10102564
6/12/2025
Listed for sale
$1,550,000
$169/sqft
Source:Triangle, MLS #10102564

Location of 2209-2211 Morehead Ave, Durham, NC 27707

Streetview of 2209-2211 Morehead Ave, Durham, NC 27707

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What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$1.10M – $1.71M
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

Comments

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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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