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Sold on 05/03/2026
  • Living
  • Entry Way
  • Bath
  • Kitchen
  • Other
  • Bedroom

4206 Delbert Ave, Durham, NC 27704

  • $600,000

    Last sold 05/03/2026 after 58 Days

  • —

    bed

  • —

    bath

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

About 4206 Delbert Ave

Property type Multi-family
Year built 1984
HOA fee $0/month
Lot size 0.34 Acre
Rental estimate
Property description
Investor opportunity in a strong Durham rental market. Four-unit townhome building with 3 units currently leased, providing immediate income. One unit is fully renovated and intentionally left vacant, offering flexibility to lease at market rates, use as an owner-occupied unit, or explore mid-term rental demand from nearby medical professionals. Townhome-style layouts and proximity to Duke University, Duke Hospital, Duke Regional, and major employment centers drive consistent rental interest. This property offers stable cash flow with room to increase returns through strategic rent adjustments. Convenient access to I-85, NC-147, retail, and transit. Ideal for investors seeking a value-add opportunity with strong fundamentals and long-term growth potential. Portfolio purchase opportunity available—ask listing agent for more information.
Listed by
Listing Agent - Christian Courtney
Listing Office - GAC Management Group
Source: TRIAD MLS mls logo
MLS#1211374 • last updated 1 month ago
Movoto checked TRIAD MLS for data 21 minutes ago
Overview
Cooling/AC Central Air
Heating Electric
Status Closed
MLS # 1211374
Type Residential Income
SubType Quadruplex
Lot Size (Acres) 0.34
Property Tax 4785
Selling Office Nonmls
Selling Agent NONUSER NONUSER
Year Built 1984
Interior
Laundry Washer/Dryer Connection
Appliances Electric Water Heater
Exterior
Amenities / Utilities
Water Heater Electric
Water Source Public
Sewer/ Septic Public Sewer
Pool Desc None
Location
County Durham
Multifamily Details
Total # Of Units 4
Rental est.: $730/month
Gross rent multiplier: 68.5
  • Jul 2026
    mls logo MLS # 1211374
  • Jul 2, 2026 Sold
    $600,000 (-4.0%)
  • May 4, 2026 Pending
    —
  • Apr 15, 2026 Price Change
    $625,000 (-3.7%)
  • Mar 6, 2026 Listed
    $649,000 (+117.1%)
  • Aug 2011
    mls logo MLS # 1827207
  • Aug 17, 2011 Listed
    $299,000
  • 4206 Delbert Ave
    $600K
  • —
  • 27704
    $350K +6% y/y
  • Durham
    $427K -1% 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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