Old West Durham duplex at 1008 Alabama Avenue in Durham, N.C. The property features one-bedroom units and offers an attractive opportunity for investors seeking both in-place income and value-add potential. One unit has been recently updated and is leased for $1,000 per month (lease expiration Aug-26). The second unit is vacant, providing an opportunity for immediate upside through lease-up to market rents and value-add renovations. The vacancy also presents an excellent opportunity for an owner-occupant seeking to live in one unit while generating income from the other. Located in Durham`s desirable Old West Durham neighborhood, the property is positioned within an area that has experienced significant revitalization through new infill development and high-end residential renovations. The neighborhood`s proximity to Downtown Durham, Duke University, and major employment centers continues to drive strong rental demand and long-term investment growth, making 1008 Alabama Avenue a compelling opportunity in one of the Triangle`s most sought-after neighborhoods.
