2201 Tampa AVE, Durham, NC 27705
2201 Tampa AVE, Durham, NC 27705
2201 Tampa AVE, Durham, NC 27705
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Listed by Griffin Associates REALTORS
$2,300,000
Est. payment /mo
3 Beds
3 Baths
1,184 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,184 sqft

Price per Sqft $1,942

Subdivision Not In A Subdivision

MLS Listing ID 10175586

Bedrooms 3

Full Baths 3

HOA Y/N No

Year Built 2026

Lot Size 1,184 Sqft

Acres 0.05

Property Sub-Type Single Family Residence

Source Doorify MLS

Land Area 1184

Property Description

Five-home new construction portfolio being sold as one package. Addresses included: (1) 2205 Tampa, (2) 2203 Tampa B, (3) 2203 Tampa A, (4) 2201 Tampa C, (5) 2201 Tampa B Priced below individual appraised value — five newly built rental homes available as one portfolio near Duke University and Downtown Durham. One home recently appraised at $490,000, while the full package is offered at $2,300,000, or approximately $460,000 per home. Two homes are currently leased at $2,400/month each, with the remaining homes available for long-term rental, short-term rental, or resale. Strong location for Duke-related rental demand, Downtown Durham access, and long-term appreciation. Rare opportunity to acquire multiple new-construction homes together with low maintenance and 1031 exchange appeal.

Location

State NC

County Durham

Community Not In A Subdivision

Area 0.05

Interior

Cooling Heat Pump

Flooring Luxury Vinyl

Fireplace No

Exterior

Parking Features On Site

Roof Type Architectural Shingle

Garage No

Building

Story Two

Foundation Block

Water Public

New Construction Yes

Others

Tax ID 243795

Acceptable Financing Cash, Conventional, Other, 1031 Exchange

Listing Terms Cash, Conventional, Other, 1031 Exchange


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Olumide Olurinmade

Olumide Olurinmade

+1(919) 699-2200

Broker | License ID: 270678

Broker License ID: 270678

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2201 Tampa AVE