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311 Lyric Street, Durham, NC 27701 ACTIVE 1 of 20 311 Lyric Street, Durham, NC 27701 — photo 2 311 Lyric Street, Durham, NC 27701 — photo 3 311 Lyric Street, Durham, NC 27701 — photo 4 311 Lyric Street, Durham, NC 27701 — photo 5
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$550,000 Est. $3,790/mo — Get pre-qualified
6beds 3baths 2,510sq ft 0.22acres

311 Lyric Street · Durham, NC 27701

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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 & Amenities

Living Area2,510 Sq.Ft.
Bedrooms6
Baths3
HeatingCentral
CoolingCentral Air
FlooringCarpet, Luxury Vinyl, Other
FireplaceNo
LaundryElectric Dryer Hookup, Washer Hookup
StyleContemporary
Year Built1985
ConstructionVinyl Siding
RoofShingle
FoundationCrawlspace
ParkingGravel, Unpaved
StatusActive
Lot Size0.22 Acres
SubdivisionNot in a Subdivision
CountyDurham
Property TypeResidential Income
Property SubTypeTriplex
Last UpdatedOct 9, 2026
SewerPublic Sewer
Water SourcePublic
HOANo
ElementaryUnknown Elementary School
MiddleUnknown Middle School
HighUnknown High School
Presented By: Compass -- Raleigh; transactions.northcarolina@compass.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

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