About 2205 Lafayette
Lakewood quadplex with strong cash flow. Great investment opportunity, or live in one unit and rent out the other three--assumable FHA mortgage at 2.75%. This home features four units: two units have 2br/1ba, two units are studios, all with long term tenants. Ideal location, less than 5 min walk to Lakewood shopping center and less than 2 miles to both Duke and downtown. Recent upgrades: two new HVAC units, plumbing, roof recently replaced and in great shape, and two new oven/ranges.
Features of 2205 Lafayette
| MLS® # | 10120229 |
|---|---|
| Price | $549,900 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 2,436 |
| Acres | 0.18 |
| Year Built | 1960 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 2205 Lafayette |
|---|---|
| Subdivision | Park Place |
| City | Durham |
| County | Durham |
| State | NC |
| Zip Code | 27707 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Attached, Driveway, Gravel, On Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s) |
|---|---|
| Appliances | Electric Range, Refrigerator |
| Heating | Baseboard, Central, Electric, Forced Air, Varies by Unit |
| Cooling | Ceiling Fan(s), Central Air, Electric, Multi Units, Window Unit(s) |
| Fireplace | No |
| Stories | Multi/Split |
| Has Basement | Yes |
| Basement | Block, Exterior Entry, Finished |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Roof | Shingle |
| Construction | Block |
| Foundation | Slab |
School Information
| Elementary | Durham - Lakewood |
|---|---|
| Middle | Durham - Githens |
| High | Durham - Jordan |
Additional Information
| Date Listed | September 4th, 2025 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Griffin Associates REALTORS |
|---|