5 Beds
4 Baths
1,971 SqFt
5 Beds
4 Baths
1,971 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,971 sqft
Price per Sqft $405
Subdivision Pine Grove Park
MLS Listing ID 10142906
Style Site Built
Bedrooms 5
Full Baths 3
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 1,971
Year Built 1920
Annual Tax Amount $3,390
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Single Family Residence
Source Triangle MLS
Property Description
Exceptional income-producing opportunity in the heart of Durham, ideally located just steps from North Carolina Central University and minutes to downtown, major highways, and ongoing redevelopment. 907 S Alston Avenue is being offered as part of a required package sale with the adjacent property at 909 S Alston Avenue - a rare opportunity to acquire two side-by-side, fully renovated co-living assets in one of Durham's strongest rental corridors.
Together, the properties feature a total of 15 private rental bedrooms across two fully renovated homes, specifically designed for the high-demand room-by-room leasing model.
909 S Alston Avenue features 9 private rental bedrooms while the neighboring 907 S Alston Avenue offers 6 private rental bedrooms and 3.5 bathrooms, and is currently operating with an impressive rental retention rate, demonstrating strong, stabilized performance with consistent year-round demand.
Both properties have recently completed full renovations and are positioned as true turn-key co-living investments with immediate income, scalable operations, and long-term appreciation potential in a rapidly growing university and redevelopment corridor.
Ideal for investors seeking portfolio expansion, student housing, rental, or a stabilized co-living platform with future upside.
Properties must be purchased together.
Location
State NC
County Durham
Zoning R-3
Direction Please Follow GPS
Rooms
Other Rooms • Primary Bedroom: 13 x 13 (First)
• Bedroom 2: 11 x 11 (First)
• Bedroom 3: 13 x 10 (First)
• Kitchen: 9 x 11 (First)
• Other: 13 x 9 (Second)
• Other: 13 x 9 (Second)
• Other: 13 x 15 (Second)
Primary Bedroom Level First
Interior
Heating Forced Air
Cooling Electric
Flooring Vinyl
Exterior
View Y/N Yes
Roof Type Shingle
Garage No
Private Pool No
Building
Faces Please Follow GPS
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Cape Cod
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Durham - Burton
Middle Schools Durham - Shepard
High Schools Durham - J D Clement Early College
Others
Senior Community No
Tax ID 118002
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
5966 Fairview Rd, Suite 400, Charlotte, NC, 28210, United States