311 Lyric Street, Durham, NC

$550,000

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6

Beds

3

Baths

2,510

Square feet

0.22

Acres

About 311 Lyric Street

Income-producing triplex minutes from Downtown Durham in the 27701, a 3-unit multifamily investment property priced right! Three 2-bed/1-bath, two-level units (approx. 2,510 total sq ft) on a 0.22-acre lot, each with a private entrance, rear deck, washer/dryer hookups and its own utilities. Two units are leased with in-place income; Unit C is vacant and ready to lease at a projected $1,600/month, or owner-occupy one unit and let the other two offset the mortgage. Off-street parking plus a storage shed. Quick access to Downtown Durham, Duke University, Duke Health, dining, entertainment, NC-147 and I-85. Two of three water heaters replaced in 2026. A strong fit for rental property investors, 1031 exchange buyers and first-time multifamily owners looking for a Durham triplex for sale close to downtown.

Features of 311 Lyric Street

MLS® # 10192976
Price $550,000
Bedrooms 6
Bathrooms 3.00
Full Baths 3
Square Footage 2,510
Acres 0.22
Year Built 1985
Type Residential Income
Sub-Type Triplex
Status Active

Community Information

Address 311 Lyric Street
Subdivision Not in a Subdivision
City Durham
County Durham
State NC
Zip Code 27701

Amenities

Parking Gravel, Unpaved
Has Pool No

Interior

Heating Central
Cooling Central Air
Fireplace No
Stories Two
Has Basement No

Exterior

Roof Shingle
Construction Vinyl Siding
Foundation Crawlspace

Additional Information

Date Listed September 16th, 2026
Zoning RM-12
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCompass -- Raleigh

Listing Map

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