Pending

4206 Delbert Avenue

Durham, NC 27704

$625,000 $2,635/Mo

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Overview

Bed

Bath

0.34

Acre(Lot)

Description

Investor opportunity in a strong Durham rental market. Four-unit townhome building with 3 units currently leased, providing immediate income. One unit is fully renovated and intentionally left vacant, offering flexibility to lease at market rates, use as an owner-occupied unit, or explore mid-term rental demand from nearby medical professionals. Townhome-style layouts and proximity to Duke University, Duke Hospital, Duke Regional, and major employment centers drive consistent rental interest. This property offers stable cash flow with room to increase returns through strategic rent adjustments. Convenient access to I-85, NC-147, retail, and transit. Ideal for investors seeking a value-add opportunity with strong fundamentals and long-term growth potential. Portfolio purchase opportunity av ailable—ask listing agent for more information.

Property Details

Property Type : Residential Income

Price : $625,000

AD Id : 77654358

MLS Id : 1211374

Lot Size : 0.34 Acre

Year Built : 1984

County : Durham

Map

What's Nearby

Nearby Areas

Features

Interior Features

Appliances: Electric Water Heater
Heating & Cooling

Has Heating: Yes Heating: Electric, Heat Pump Has Cooling: Yes Cooling: Central Air

Building Information

Year Built: 1984 Pool Features: None Private Pool: No

Lot Information

Lot Size Acres: 0.34

Listing Price Information

Listing Price: $625000

Tax Information

Annual Tax: $4785

Parking Information

Driveway, Paved

Location Information

Direction: From I-85 take Exit 176 for Guess Rd. Head south on Guess Rd, turn left onto Horton Rd, then right onto Delbert Ave. Property is on the right at 4206 Delbert Ave, Durham, NC. WaterSource: Public

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Listing information © 2026 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than ByOwner are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Data last updated 06/06/2026 @ 13:44

ByOwner last updated this listing 06/06/2026 @ 13:44

MLS: 1211374 LISTED BY: Christian Courtney, GAC Management Group 336-671-2437 SOURCE: Triad MLS