Turnkey brick duplex in Durham's sought-after Lakewood Park neighborhood offering immediate cash flow. Both units are occupied with separately-metered, tenant-paid utilities. Each unit features hardwood floors, granite countertops, stainless steel appliances, tile tub surrounds, and in-unit laundry hookups. Separate entrances, individual porches, separate water heaters per unit, and off-street parking round out this well-appointed, low-maintenance asset. Roof is in great condition. Currently generating $2,670/month ($32,040/year) in gross rent with both tenants eligible for auto-renewal. Professionally managed and well maintained. Positioned just 6 minutes from downtown Durham, 4 minutes from Duke University, 16 minutes from RDU International Airport, and 18 minutes from Chapel Hill, this location ensures consistent rental demand. This property is being offered as a package with 1214 Rosedale Avenue (MLS #10164203; listed at $406,000) for a combined asking price of $820,000. This is an uncommon opportunity to acquire two turnkey income-producing duplexes on the same street.
For sale
$414,000
1208 Rosedale Ave, Durham, NC 27707
4beds
1,612sqft
Est.:
Duplex, Multi Family
Built in 1964
-- sqft lot
$409,400 Zestimate®
$257/sqft
$-- HOA
What's special
Brick duplexSeparate entrancesHardwood floorsOff-street parkingGranite countertopsIn-unit laundry hookupsIndividual porches
- 12 days |
- 309 |
- 23 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Brandon Vanderford 919-314-7668,
Redwood Properties LLC
Source: Doorify MLS,MLS#: 10164082
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Cooling
- Attic Fan, Central Air, Electric
Appliances
- Included: Cooktop, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer
- Laundry: Electric Dryer Hookup, Laundry Closet, Main Level, Washer Hookup
Features
- Granite Counters, High Speed Internet
- Flooring: Hardwood, Tile
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall, End Unit, No One Above, No One Below
Interior area
- Total structure area: 1,612
- Total interior livable area: 1,612 sqft
- Finished area above ground: 1,612
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Gravel, Off Street, On Street, Shared Driveway
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Has view: Yes
Lot
- Size: 7,405.2 Square Feet
- Features: City Lot
Details
- Parcel number: 107937
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Brick Veneer
- Roof: Shingle
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Lakewood Park
HOA
- Has HOA: No
Location
- Region: Durham
Financial & listing details
- Price per square foot: $257/sqft
- Tax assessed value: $371,585
- Annual tax amount: $3,683
- Date on market: 5/1/2026
- Lease term: Negotiable
- Road surface type: Asphalt
Estimated market value
$409,400
$389,000 - $430,000
$1,919/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Listed for sale | $414,000+65.6%$257/sqft |
Source:  Doorify MLS #10164082 Report a problem | ||
| 6/11/2019 | Sold | $250,000$155/sqft |
Source: Doorify MLS #2247758 Report a problem | ||
| 5/1/2019 | Pending sale | $250,000$155/sqft |
Source: Reformation Asset Management #2247758 Report a problem | ||
| 4/10/2019 | Listed for sale | $250,000$155/sqft |
Source: Reformation Asset Management #2247758 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,684 +68.5% | $371,585 +137.1% |
| 2024 | $2,186 +6.5% | $156,700 |
| 2023 | $2,053 +2.3% | $156,700 |
| 2022 | $2,006 +0.5% | $156,700 |
| 2021 | $1,996 +2.4% | $156,700 |
| 2020 | $1,949 | $156,700 |
| 2019 | $1,949 | $156,700 +105.2% |
| 2018 | $1,949 +89.5% | $76,381 |
| 2017 | $1,028 +3.5% | $76,381 |
| 2016 | $994 | $76,381 -4.5% |
| 2015 | $994 -10.3% | $80,000 |
| 2014 | $1,107 | $80,000 |
| 2013 | -- | $80,000 |
| 2012 | -- | $80,000 |
| 2011 | $1,043 +0.4% | $80,000 |
| 2010 | $1,038 +4% | $80,000 |
| 2009 | $998 | $80,000 |
| 2008 | $998 +15% | $80,000 +30.1% |
| 2007 | $868 +1.4% | $61,478 |
| 2006 | $856 | $61,478 |
| 2005 | $856 +1.4% | $61,478 |
| 2004 | $844 | $61,478 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Lakewood Park
Nearby schools
GreatSchools rating
- 6/10Morehead MontessoriGrades: PK-5Distance: 0.5 mi
- 10/10Lakewood Montessori Middle SchoolGrades: 6-8Distance: 0.4 mi
- 4/10Charles E Jordan Sr High SchoolGrades: 9-12Distance: 5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Durham County
- Durham
- 27707
- Lakewood Park
- 1208 Rosedale Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Durham Topics
