(864) 362-2375
$550,000
311 Lyric Street, Durham, NC 27701
6Beds
3Baths
2,510SQFT
0.22Acres
1985YearYear Built
About This Home
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
Key Facts
Status: Active
Type: Residential Income
Neighborhood: Not in a Subdivision
Annual Taxes: $4,069
HOA Fees: $0
MLS: Doorify
MLS #: 10192976
Features
Triplex
Mortgage Calculator
$2,781Estimated monthly payment
Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.
History
Current list price: $550,000
Status: Active — For Sale
Days on market: 38
Last updated: Oct 24, 2026
Schools
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Listing courtesy of Compass -- Raleigh
Source MLS #: 10192976
Last updated: Oct 24, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.