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Sold on 05/08/2023

1424 Cherrycrest Dr, Durham, NC 27704

$332,000

Last sold 05/08/2023 for $330K

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 1424 Cherrycrest Dr

Property type Multi-family
Neighborhood
Year built 1984
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Investors dream property. Two story Renovated Duplex. New HVAC (2 years) for both units. New roof (2 years). Two units each with 2 bedrooms 1.5 bathroom. New painting, New Luxury Vinyl Floors throughout most of the duplex. Both units are occupied with long term tenants. Tenant pays all utilities. Month to month lease with with long term tenants who are extremely reliable. Rent is below market. Potential rent increase to $1300-$1350.
Listed by
Listing Agent - Jenny Shu
Listing Office - Lifetime Realty & Investment L
Source: Doorify MLS mls logo
MLS#2506033 • last updated 1 year ago
Movoto checked Doorify MLS for data 15 minutes ago
Overview
Cooling/AC Central Air, Heat Pump
Heating Electric, Forced Air, Heat Pump
MLS # 2506033
Type Residential Income
Status Closed
SubType Duplex
Property Tax 2513
Year Built 1984
Interior
Basement Crawl Space
Flooring Luxury Vinyl, Vinyl
Exterior
Construction Vinyl Siding
# of Parking Spaces 2
Amenities / Utilities
Sewer/Septic Public Sewer
Water Source Public
Location
County Durham
Subdivision Village Green
Elementary School Durham - Holt
Middle School Durham - Carrington
High School Durham - Riverside
Directions From Hwy NC -147 Take The NC 147 N Durham Freeway N Ramp. Take Exit 15 For Hillandale Take W. Carver St. Turn Left On Stadium Dr. Turn Left Onto Cherrycrest. Unit At The Bottom Of Hill On The Left.
$332K
Range: $302K-$361K
Last 30 days 
Rental est.: $785/month
Gross rent multiplier: 35.1
  • May 2023
    mls logo MLS # 2506033
  • May 9, 2023 Sold
    $330,300
  • Apr 20, 2023 Pending
    —
  • Apr 19, 2023 Listed
    $350,000
  • Apr 19, 2023 Listed
    $350,000
  • May 2023
    Public Records
  • May 3, 2023 Sold
    $330,500 (-5.6%)
  • Apr 2023
    mls logo MLS # 2505439
  • Apr 16, 2023 Listed
    $350,000 (+57.3%)
  • May 2021
    Public Records
  • May 19, 2021 Sold
    $222,500
  • May 2021
    mls logo MLS # 2374238
  • May 19, 2021 Sold
    $222,500 (+1.1%)
  • Apr 8, 2021 Pending
    —
  • Mar 25, 2021 Listed
    $220,000 (-7.6%)
  • Mar 25, 2021 Listed
    $238,000 (+58.7%)
  • Feb 2019
    Public Records
  • Feb 20, 2019 Sold
    $150,000 (-37.5%)
  • Sep 2018
    Public Records
  • Sep 20, 2018 Sold
    $240,000
  • Year Property taxes Tax assessment
  • 2024
    $2,740 +6.5%
    $196,448
  • 2023
    $2,572 +2.3%
    $196,448 +0.04%
  • 2022
    $2,513 +0.5%
    $196,366
  • 2021
    $2,502 +2.4%
    $196,366
  • 2020
    $2,443
    $196,366
  • 2019
    $2,443 +23.9%
    $196,366 +35.09%
  • 2018
    $1,972 +0.7%
    $145,362
  • 2017
    $1,957 +3.5%
    $145,362
  • 2016
    $1,891 +13.9%
    $145,362
  • 2015
    $1,661
    —
  • 1424 Cherrycrest Dr
    $330K
  • Scarsdale Village
    $359K 0% y/y
  • 27704
    $355K +1% y/y
  • Durham
    $409K -5% y/y
No chart available
Statistics calculated by Movoto

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8/10
Easley Elementary
public Grades K-5
Durham Public School District
6/10
George L Carrington Middle
public Grades 6-8
Durham Public School District
4/10
Riverside High School
public Grades 9-12
Durham Public School District
Source: GreatSchools.org © 2026. All rights reserved.

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