Unbelievable opportunity just minutes from Downtown Durham, overflowing with historic charm, thoughtful updates, and exceptional income potential! This unique two-property portfolio includes a 1226 SF, 2bd, 1ba ranch home plus a 576 SF, 1bd, 1ba cottage, along with an oversized detached garage offering exciting future potential (ADU conversion potential, all situated on a spacious 0.31-acre lot. Both residences feature bright and inviting floor plans, updated major systems, and tasteful cosmetic improvements throughout the kitchens and bathrooms. Whether you are searching for an affordable primary residence, an income-producing investment, a multigenerational setup, or a short-term rental opportunity, this versatile property offers endless flexibility. With its prime Durham location, historic character, functional layout, and attractive price point, this is a truly rare opportunity in one of the Triangle's most dynamic markets.
Property Details
- Cooling
- Central Air
- Heating
- Varies by Unit, See Remarks
- Bedrooms
- 3
- Bathrooms
- 2.0
- Full Baths
- 2
- Acres
- 0.31
- Square Feet
- 1802
- Parking Features
- Driveway, Garage, Gravel
- Parking Spaces
- 2
- Parking Type
- Driveway
- Property Type
- Multi-Family
- Year Built
- 1946
- Roof
- Rubber, Shingle
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Subdivision
- Not in a Subdivision
- Elementary School
- Durham - Glenn Elementary
- Middle School
- Durham - Neal Middle
- High School
- Durham - Southern School of Energy and Sustainability
- County
- Durham
- Zoning
- R-5
- Taxes Annual
- $2,753
- MLS #
- 10170943
- Property Subtype
- Single Family Residence
- MLS #
- 10170943
- Address
- 1111 Midland Terrace
Location
Legal
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Provided By
Listed by Robert Hunt (#85929)
Listing Office: Keller Williams Elite Realty (#74402)
