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+19192003657
lpt Realty, Inc.
2201 Tampa Ave, Durham, NC 27705
- $2,140,000
- 3
- BD
- 3
- BA
- 1,184
- SqFt
Seller Representative Griffin Associates REALTORS
- List Price
- $2,140,000
- Price Change
- ▼ $160,000 1791262399
- Status
- ACTIVE
- MLS#
- 10175586
- Bedrooms
- 3
- Bathrooms
- 3
- Full-baths
- 3
- Living Area
- 1,184
- Lot Size
- 2,178
- Subdivision
- Not In A Subdivision
- Year Built
- 2026
- Acres
- 0.05
Property Description
Price improved to $2,140,000 ($428,000/home). Five new-construction (2026) detached single-family homes near Duke University and Downtown Durham, offered as one portfolio: 2201 Tampa B, 2201 Tampa C, 2203 Tampa A, 2203 Tampa B and 2205 Tampa. Three homes leased July 2026 at $2,400, $2,500 and $2,400/month; two vacant homes ready to lease. Stabilized at current rents: $142,800/yr gross and $114,488 NOI after taxes and insurance (5.35% cap). Four 3 BR/3 BA homes and one 2 BR/2.5 BA. No shared walls, no HOA, 2 parking spaces on each lot, tenants pay all utilities. Low-maintenance new construction with strong Duke-area rental demand. 1031 exchange buyers welcome. Investor packet and rent roll available on request.
Additional Information
- Foundation
- Block
- New Construction
- Yes
- Water
- Public
- Flooring
- Vinyl
- Roof
- Architectural
- Heating
- None
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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .