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Sold on 08/19/2021

2308 Gin St, Durham, NC 27705

  • $608,000

    Last sold 08/19/2021 for $377K

  • —

    bed

  • —

    bath

Multi-family not for sale
13 homes bought nearby with Movoto recently

About 2308 Gin St

Property type Multi-family
Neighborhood
Year built 1909
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Triplex in prime Old West Durham walking to Duke and 9th St life. Unique and rare opportunity! All 3 units individually metered for its own utilities. All current tenants young professionals. Major renovation in 2013. New ACs in 2013, new water heaters and refrigerators in 2015 and new roof in 2018. Unit A and B are fully furnished and will convey. Sold "As Is". Weekend showings for serious/capable investors Only! Check & Understand Durham local market. This is way Below market value!!!
Listed by
Listing Agent - Ben Qu Qu
Listing Office - CHK Realty
Source: Triangle MLS mls logo
MLS#2360020 • last updated 1 year ago
Movoto checked Triangle MLS for data 22 minutes ago
Overview
Cooling/AC Heat Pump
Heating Electric
MLS # 2360020
Type Residential Income
Status Closed
SubType Triplex
Living Area 0, Square Feet
Property Tax 4265
Year Built 1909
Interior
Basement Crawl Space
Flooring Laminate, Vinyl
Exterior
Construction Vinyl Siding
Parking Desc Off Street
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Triangle_Unit_Sp_Two_Co_Above_Sp_Grade_Sp_Finished_Sp_Area4 907
Triangle_Unit_Sp_Three_Co_Above_Sp_Grade_Sp_Finished_Sp_Area5 632
Location
County Durham
Subdivision Not In A Subdivision
Elementary School Durham - E K Powe
Middle School Durham - Brogden
High School Durham - Riverside
Directions 9th St West To Hillsborough Rd/HWY 70 Bus, 2 Blocks Right On Hale St, Home A Few Steps Down At The Corner Of Hale St And Gin St.
$608K
Range: $395K-$820K
Last 30 days 
Rental est.: $777/month
Gross rent multiplier: 40.5
  • Aug 2021
    Public Records
  • Aug 19, 2021 Sold
    $378,000 (+0.1%)
  • Aug 2021
    mls logo MLS # 2360020
  • Aug 19, 2021 Sold
    $377,500 (-16.1%)
  • Jun 29, 2021 Contingent
    —
  • May 26, 2021 Listed
    $450,000 (+3.4%)
  • Apr 8, 2021 Contingent
    —
  • Apr 6, 2021 Price Change
    $435,000 (-9.4%)
  • Mar 16, 2021 Price Change
    $480,000 (-12.7%)
  • Jan 24, 2021 Price Change
    $550,000 (+22.2%)
  • Jan 4, 2021 Listed
    $450,000 (-24.4%)
  • Jan 4, 2021 Listed
    $595,000 (+875.4%)
  • Oct 2012
    Public Records
  • Oct 31, 2012 Sold
    $61,000 (-31.8%)
  • Apr 2012
    mls logo MLS # 1833697
  • Apr 28, 2012 Listed
    $89,500
  • Year Property taxes Tax assessment
  • 2024
    $4,807 +6.5%
    $344,589
  • 2023
    $4,514 +2.8%
    $344,589 +0.49%
  • 2022
    $4,389 +0.5%
    $342,902
  • 2021
    $4,368 +2.4%
    $342,902
  • 2020
    $4,265
    $342,902 -21.62%
  • 2019
    $4,265 +31.9%
    $437,488 +83.45%
  • 2018
    $3,235 +0.7%
    $238,473
  • 2017
    $3,211 +3.5%
    $238,473
  • 2016
    $3,103 +23.6%
    $238,473
  • 2015
    $2,510
    —
  • 2308 Gin St
    $377K
  • Old West Durham
    $535K 0% y/y
  • 27705
    $575K +7% y/y
  • Durham
    $425K -1% y/y
No chart available
Statistics calculated by Movoto

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3/10
E K Powe Elementary
public Grades PK, K-5
Durham Public School District
7/10
W G Pearson Elementary
public Grades PK, K-5
Durham Public School District
5/10
Brogden 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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