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
- Days on Market
- 0
- MLS#
- 10192976
- Subtype
- Residential Income
- Year Built
- 1985
- Bedrooms
- 6
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 2,510
- Lot Size
- 9,583
- Acres
- 0.22
- Subdivision
- Not In A Subdivision
Property Description
Income-producing triplex in Durham's desirable 27701 zip code! The property offers three 2-bedroom, 1-bath residences totaling approximately 2,510 square feet on a 0.22-acre lot. Units A and C feature identical floor plans, with Unit B offering a mirrored layout. Each residence includes its own entrance, defined living and dining spaces, a functional kitchen, two bedrooms and one full bath upstairs. Additional features include off-street parking and outdoor space. Two units are currently leased, providing established rental income, while vacant Unit C is available for showings and offers flexibility for a new tenant or potential owner-occupant. Individual entrances, outdoor space and off-street parking complete the property. Conveniently positioned near Downtown Durham, Duke University, dining, entertainment and major commuter routes, an excellent opportunity to acquire a three-unit multifamily asset in a growing Durham location. Recent Upgrades and Details: Washer/dryer hookups in each unit • Water heaters: 2026, 2026 and 2002 • Individual HVAC systems: 2014, 2000 and 2009
Additional Information
- Taxes
- $4,069
- Zoning
- RM-12
- Flooring
- Carpet, Vinyl, Other
- Heating
- Central
- Air Conditioning
- Central Air
- Levels
- Two
- Roof
- Shingle
- Foundation
- Crawl Space
- Parking Features
- Gravel, Unpaved
Mortgage Calculator
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 .