$299,900

521 Burlington Avenue, Durham, NC 27707

  • 4 beds |
  • 3 baths |
  • 2,100 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1968
  • Property Lot Size Icon0.25acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $143/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

INVESTOR OPPORTUNITY — AS-IS AT $143/SQ FT. Vacant 4-bed / 3-bath split-level, 2,100 sq ft on 0.25 acre near NCCU, downtown Durham and Southpoint. PROVEN RENTAL HISTORY: $2,888/mo in 2024-25 and $2,411/mo most recently; market rent $2,565-$2,612/mo — roughly a 10% gross yield at list. Sold as-is: basement water intrusion (source undetermined) and the lower-level bathroom requires restoration; completed property disclosures are available for review. The value is upstairs: updated kitchen, plank flooring, spacious family room, fenced yard. Vacant with lockbox, go-and-show anytime. Cash and investor buyers welcome; quick close possible.

Listing Status:
Active
Date Added:
November 5, 2026
Data Last Updated:
November 12, 2026 at 3:39AM
Listing Office:
Costello Real Estate & Investm : 980-938-8920
Listing Agent:
Natarsha McAllister : 919-622-7752
MLS ID:
10201897
  • General: Entrance FoyerOpen FloorplanWalk-In Shower
  • Appliances: CooktopDishwasherMicrowaveWasher/Dryer
  • Laundry: In BasementCommon Area
  • Flooring: PlankWood
  • A/C: Central Air
  • Heating: CentralNatural Gas
  • General: Private YardFenced Yard
  • Style: Traditional
  • Other Structures: PorchFront PorchRear PorchCovered
  • Parking: Attached CarportCarportCommonConcreteCoveredDrivewayOpenOn StreetParking PadSide By SideParking spaces: 8
  • Roofing: Shingle
  • General: BrickVinyl SidingTwoOther
  • Road/Access: City Street
  • Originating MLS: Doorify MLS
  • County: Durham
  • Zoning: R-3Ellis Plc/Lt#036 Pl:00005A-000039116971
  • View: Neighborhood
  • Fencing: Back YardFencedPartialPerimeterWood
  • Water: Public
  • Sewer: Public Sewer
  • Source: Doorify MLS

This listing courtesy of Natarsha McAllister , Costello Real Estate & Investm

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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