107 Hilton Ave 8 Unit Apartment Building $1,709,625 CAD ($213,703 CAD/Unit) Durham, NC 27707

107 and 109 Hilton Avenue present a compelling multifamily investment opportunity in the heart of Durham, offering stable income, strong operational fundamentals, and long-term upside in one of the region’s most resilient rental markets. Situated within an established residential neighborhood just minutes from Downtown Durham, Duke University, NCCU, and the Durham Freeway, the property benefits from consistently high rental demand driven by education, healthcare, and research employment centers.
The asset comprises two well-maintained apartment buildings with a total of eight fully leased units, each configured with two apartments on the first level and two on the second. A highly desirable feature, both buildings include garage space beneath them, adding resident convenience and supporting tenancy stability. Recent improvements such as new water heaters and targeted interior updates enhance operational efficiency while preserving future value-add pathways.
Durham continues to experience strong demographic expansion, with steady population and household growth projected through 2029 within one-, three-, and five-mile radii. The property’s centralized location places residents within easy access of the Durham Freeway and Hwy 501, enabling quick commutes to RTP, Downtown Durham, UNC Chapel Hill, and RDU International Airport. These regional connectivity advantages reinforce long-term occupancy strength and capitalize on the Triangle’s expanding economic base.
With all units separately metered for power and fully leased, the property provides immediate income performance while offering investors the optionality to enhance value through further interior updates, rent realignment, or long-term hold strategies. This multifamily asset aligns well with investors seeking stable returns, durable location fundamentals, and entry into one of North Carolina’s highest-growth markets.
Interior photos and building layout sketches are available within the marketing brochure for additional review.
No showings until offer accepted.