804 Lancaster St, Durham, NC 27701

Property Description

Prime investment opportunity in the heart of Downtown Durham, just a short walk to Duke University's East Campus and near Trinity Park! This four-unit property is ready for renovation and offers excellent value-add potential. Each unit features 1 bedroom and 1 bath. Property includes gas heat, gas water heaters, and four separate utility meters. A detached garage is located at the rear of the property, with street parking and additional parking available via alley access. This fixer-upper is being sold through a court-appointed Special Proceedings sale and is subject to a 10-day upset bid period. Contact the listing agent for additional details. 9/15/26 Update: I have been in contact with the attorney that is handling the estate for the minor child that has inherited this property. The attorney tells me that the "Proposed Order" confirming the sale has been sent to the Durham Clerk of Court office. The "Proposed Order" now has to be signed by a Superior Court Judge allowing the 10-Day Upset Bid period to begin. I will send out a notice when the 10-day bid period begins. I'm sorry for the delay and will keep everyone posted via Showingtime notifications. 9/15/26 Update: I have been in contact with the attorney that is handling the estate for the minor child that has inherited this property. The attorney tells me that the "Proposed Order" confirming the sale has been sent to the Durham Clerk of Court office. The "Proposed Order" now has to be signed by a Superior Court Judge allowing the 10-Day Upset Bid period to begin. I will send out a notice when the 10-day bid period begins. I'm sorry for the delay and will keep everyone posted via Showingtime notifications.