311 Lyric St, Durham, NC 27701
- $550,000
- 6
- BD
- 3
- BA
- 2,510
- SqFt
Seller Representative Compass -- Raleigh
- List Price
- $550,000
- Status
- ACTIVE
- MLS#
- 10192976
- Bedrooms
- 6
- Bathrooms
- 3
- Full-baths
- 3
- Living Area
- 2,510
- Lot Size
- 9,583
- Subdivision
- Not In A Subdivision
- Year Built
- 1985
- Acres
- 0.22
Property Description
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.
Additional Information
- Foundation
- Crawl Space
- Water
- Public
- Flooring
- Carpet, Vinyl, Other
- Roof
- Shingle
- Heating
- Central
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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 .