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502-506 Raynor St
Durham, NC 27703
10 Units in Durham · Multifamily Property For Sale
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10 Units


Executive Summary
DEATON is pleased to present for sale, as the exclusive broker for the seller, a 10-unit multifamily property at 504 Raynor Street, Durham, NC.
- 504/506 Raynor = single-story duplex, built in 1961
- 502 Raynor = two-story, eight-unit building, built in 1988
- All ten units are two-bedroom floorplans
- Average in-pace rent is $1,078
- 504/506 Raynor = single-story duplex, built in 1961
- 502 Raynor = two-story, eight-unit building, built in 1988
- All ten units are two-bedroom floorplans
- Average in-pace rent is $1,078
Property Facts Under Contract
| Price Per Unit | $170,457 CAD | Lot Size | 0.63 AC |
| Sale Type | Investment | Building Size | 7,020 SF |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1961 |
| Property Subtype | Apartment | Parking Ratio | 2.56/1,000 SF |
| Apartment Style | Low-Rise | Cross Streets | Liberty St |
| Building Class | C | ||
| Zoning | R | ||
| Price Per Unit | $170,457 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.63 AC |
| Building Size | 7,020 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 2.56/1,000 SF |
| Cross Streets | Liberty St |
| Zoning | R |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | $1,551 CAD | 680 - 790 |
Property Taxes
| Parcel Number | 114075 | Improvements Assessment | $840,524 CAD |
| Land Assessment | $481,786 CAD | Total Assessment | $1,322,310 CAD |
Property Taxes
Parcel Number
114075
Land Assessment
$481,786 CAD
Improvements Assessment
$840,524 CAD
Total Assessment
$1,322,310 CAD
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