Bought with RIG REAL ESTATE LLC
$630,000
$640,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
3,128 SqFt
SOLD DATE : 08/19/2025
Key Details
Sold Price $630,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,128 sqft
Price per Sqft $201
Subdivision Woodcrest
MLS Listing ID 10098489
Sold Date 08/19/25
Style Duplex
Bedrooms 6
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 3,128
Year Built 1963
Annual Tax Amount $3,435
Lot Size 0.450 Acres
Acres 0.45
Property Sub-Type Duplex
Source Triangle MLS
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
Direction Please use GPS for the most up-to-date directions.
Rooms
Other Rooms • Primary Bedroom (Main)
Basement Apartment, Exterior Entry, Finished, Heated, Sump Pump, Walk-Out Access
Primary Bedroom Level Main
Interior
Interior Features Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Granite Counters, Kitchen Island, Walk-In Shower
Heating Floor Furnace, Heat Pump
Cooling Central Air, Multi Units
Flooring Hardwood, Laminate, Tile
Fireplaces Number 1
Fireplaces Type Living Room
Fireplace Yes
Appliance Bar Fridge, Dishwasher, Free-Standing Refrigerator, Gas Cooktop, Gas Oven, Microwave, Stainless Steel Appliance(s), Washer/Dryer
Exterior
View Y/N Yes
Roof Type Shingle
Porch Front Porch
Garage No
Private Pool No
Building
Faces Please use GPS for the most up-to-date directions.
Story 2
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories 2
Structure Type Brick Veneer
New Construction No
Schools
Elementary Schools Durham - Merrick-Moore
Middle Schools Durham - Neal
High Schools Durham - Southern
Others
Senior Community No
Tax ID 131276
Special Listing Condition Standard
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