112 S Joyland Street new to site Save Request In-Person Tour Request Virtual Tour
Durham,NC 27703
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,128 sqft
Price per Sqft $210
Subdivision Woodcrest
MLS Listing ID 10098489
Style Duplex
Bedrooms 6
Full Baths 4
Year Built 1963
Annual Tax Amount $3,435
Lot Size 0.450 Acres
Property Sub-Type Duplex
Property Description
Exceptional Investment & Development Opportunity - Don't miss this rare chance to maximize value with versatility in a rapidly growing location!
112 S Joyland presents a prime opportunity for investors, developers, or owner-occupants alike.
This property features two spacious 1564 SF apartments, both with 3 Bedrooms and 2 Full Baths. Both units have been fully remodeled, showcasing modern finishes, functional layouts, and separate driveways—providing privacy and convenience.
Unit A is currently vacant—ideal for immediate occupancy or rental.
Unit B is leased at $2,200/month, generating steady income from day one.
Situated on a generous .45-acre lot, the parcel offers a potential flag lot configuration in alignment with Durham County UDO/zoning guidelines. Hire an architect to explore building an additional dwelling unit or a separate homesite—unlocking substantial added value.
Additionally, there is a 40 ft x 8ft high cube container on lot that does convey: it includes a 50 Amp panel and 50 Amp 240 RV Plug.
Whether you're a first-time homebuyer seeking supplemental rental income, or an investor looking to develop or expand your portfolio, this property offers exceptional flexibility and future upside. Enjoy a private oasis in the rear footprint of the lot, or capitalize on the development potential that this unique parcel presents.
The combination of size, layout, zoning potential, & location makes this a superior real estate asset—one that balances immediate income with long-term growth opportunities.
Location
State NC
County Durham
Interior
Heating Floor Furnace,Heat Pump
Cooling Central Air,Multi Units
Flooring Hardwood,Laminate,Tile
Fireplaces Number 1
Fireplaces Type Living Room
Exterior
View Y/N Yes
Roof Type Shingle
Building
Story 2
Foundation Other
Sewer Public Sewer
Water Public
Structure Type Brick Veneer
New Construction No
Schools
Elementary Schools Durham - Merrick-Moore
Middle Schools Durham - Neal
High Schools Durham - Southern
Others
Special Listing Condition Standard
Virtual Tour https://unbranded.youriguide.com/112_s_joyland_st_durham_nc/