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1011 Burke St Durham, NC 27707
$1,650,000
CLOSEDBeds
Baths
Sqft
0
Year
1971
Days on Site
671 Days
Property Type
Residential Income
Sub Type
Apartment
Per Square Foot
$1,650,000
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
Property Details
Property Overview
Listing Price
$1,660,000
MLS #ID
2186022
Close Price
$1,650,000
Close Date
Jun 15, 2018
Bedrooms
Bathrooms
Square Footage
0
Year
1971
Days on Site
671 Days
Property Type
Residential Income
Property Sub Type
Apartment
Price per Sq Ft
$0
Date Listed
Apr 18, 2018
Location
Street Address
1011 Burke St
City
State
North Carolina
ZIP Code
County
Neighborhood / Subdivision
Driving Directions
From Dowtown Durham at the ballpark, go west on Morehead Ave about 1 mile. After crossing Chapel Hill Rd, turn left on Burke.
Construction / Architecture
Year Built
1971
Construction Materials
Brick
Foundation
Slab
New Construction
No
Price per Sq Ft
$0
Interior Details
Flooring
Carpet, Hardwood, Laminate and Tile
Fireplace
No
Heating
Electric and Heat Pump
Cooling
Central Air and Heat Pump
Exterior Details
Garage
No
Parking Features
Off Street
Fencing
None
Water Source
Public
Sewer
Public Sewer
Taxes, HOA & Financing
HOA Fee Includes
None
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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
Property History
DateEventPrice
6/15/2018
Sold
$1,650,000
Source:Triangle, MLS #2186022
Triangle, MLS #2186022 4/18/2018
Listed for sale
—
Source:Triangle, MLS #2186022
Triangle, MLS #2186022Location of 1011 Burke St, Durham, NC 27707
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The data relating to real estate for sale on this web site comes in part from the Internet Data ExchangeTM Program of the Triangle MLS, Inc. of Cary. Real estate listings held by brokerage firms other than Raleigh Realty Inc are marked with the Internet Data Exchange TM logo or the Internet Data ExchangeTM thumbnaillogo (the TMLS logo) and detailed information about them includes the name of the listing firms.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listing firm has attempted to offer accurate data, but the Information is Not Guaranteed and buyers are advised to confirm all items.
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