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Chris Pappalardo

Owner | The Chris Pappalardo Team | KW One

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804 Lancaster St , Durham, NC 27701
$699,900
Est. Payment: $3,730.05/mo
4 Bed
4 Bath
2500 Sqft
0.24 Acres
Status: active | Days on site: 110
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1514 - R13687
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House Description

Prime investment opportunity in the heart of Downtown Durham, just a short walk to Duke University's East Campus and near Trinity Park! This four-unit property is ready for renovation and offers excellent value-add potential. Each unit features 1 bedroom and 1 bath. Property includes gas heat, gas water heaters, and four separate utility meters. A detached garage is located at the rear of the property, with street parking and additional parking available via alley access. This fixer-upper is being sold through a court-appointed Special Proceedings sale and is subject to a 10-day upset bid period. **Update 10/15/26: A hearing on the Petition for Private Sale of 804 Lancaster St (26SP000785-310) is scheduled for November 17, 2026 at 10:00 A.M. If the Clerk of Court signs the Order Confirming Sale, a Report of Sale will be filed and the upset bid period will begin. Updates will be sent via ShowingTime as well.** Update 10/15/26: A hearing on the Petition for Private Sale of 804 Lancaster St (26SP000785-310) is scheduled for November 17, 2026 at 10:00 A.M. If the Clerk of Court signs the Order Confirming Sale, a Report of Sale will be filed and the upset bid period will begin.

Highlights

Listed by Wallace Peiffer , Premier Advantage Realty Inc , Doorify MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.24

Year Built

1920

County

Durham

Neighborhood

Not in a Subdivision

Listing ID

10180148

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Air Cond:Window Unit(s)
Fireplaces:
Floor:Carpet,Hardwood,Vinyl,Wood
Above Ground Sq Ft:2500
Water:Public

Exterior Features

Lot Dimensions:Survey needed
Zoning:RM-8
Roof:Shingle
Others:
  • ▪ Additional:Front Porch, Screened, Garage(s)
Sewer:Public Sewer
Parking Features:Alley Access,Detached,Garage,On Street
Principal Interest
$3,730
Taxes
$446

Home Price

$699,900

Loan Details

30 yrs
7.013%

Down Payment

20%
$139,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,730.05

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,730.05 $446.19 $0.00 $4,176.24
Yearly $44,760.62 $5,354.24 $0.00 $50,114.85
Total $1,342,818.55 $160,627.05 $0.00 $1,503,445.60

Today's Rates

30 Year

7.01%

20 Year

7.03%

15 Year

6.39%

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Market insight data is pulled from the same city as the listing being viewed (Durham, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Doorify MLS, Internet Data Exchange Database.
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Data last updated: 2026-11-02T06:44:55.000Z

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