Five-home new construction portfolio being sold as one package. Addresses included: (1) 2205 Tampa, (2) 2203 Tampa B, (3) 2203 Tampa A, (4) 2201 Tampa C, (5) 2201 Tampa B Priced below individual appraised value five newly built rental homes available as one portfolio near Duke University and Downtown Durham. One home recently appraised at $490,000, while the full package is offered at $2,300,000, or approximately $460,000 per home. Two homes are currently leased at $2,400/month each, with the remaining homes available for long-term rental, short-term rental, or resale. Strong location for Duke-related rental demand, Downtown Durham access, and long-term appreciation. Rare opportunity to acquire multiple new-construction homes together with low maintenance and 1031 exchange appeal.
| MLS # | 10175586 |
|---|---|
| Listing Type | For Lease |
| Sub-Type | New Construction |
| Status | Active |
| Year | 2026 |
| Days On Site | 63 |
| Listing Provided By | Griffin Associates REALTORS | Ezequiel Espitia |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,184 |
| Story(s) | 2 |
| Acreage | 0.05 |
| Heating Yes / No | No |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Heat Pump |
| Roof | Architectural Shingle |
|---|---|
| Foundation Details | Block |
| Construction Materials | Hardi Plank Type, Lap Siding |
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | On Site |
| Sewer | Public Sewer |
|---|
| Tax Year | 2025 |
|---|
| State | NC |
|---|---|
| County | Durham |
| City | Durham |
| Zip Code | 27705 |
| Area | Durham |
| Community Name | Not in a Subdivision |
| Listing VS Median (in Not in a Subdivision) | |
Price: $2,300,000 low | high Med: $399,000 sqft: 1,184 low | high Med: 1,563 $ / sqft: $1,943 low | high Med: $256 On site: 63 low | high Med: 32.5 | |
| State | NC |
|---|---|
| County | Durham |
| City | Durham |
| Zip Code | 27705 |
| Area | Durham |
| Community Name | Not in a Subdivision |
| Listing VS Median (in Not in a Subdivision) | |
Price: $2,300,000 low | high Med: $399,000 sqft: 1,184 low | high Med: 1,563 $ / sqft: $1,943 low | high Med: $256 On site: 63 low | high Med: 32.5 | |