311Lyric_DowntownDurham - 311 Lyric Street, Durham, NC 27701, Durham
311 Lyric St - 311 Lyric Street, Durham, NC 27701, Durham
311 Lyric St - 311 Lyric Street, Durham, NC 27701, Durham
311Lyric_Floorplan - 311 Lyric Street, Durham, NC 27701, Durham
311Lyric_TopView - 311 Lyric Street, Durham, NC 27701, Durham
Unit C - 311 Lyric Front - 311 Lyric Street, Durham, NC 27701, Durham
311 Lyric St - 311 Lyric Street, Durham, NC 27701, Durham
311 Lyric St - 311 Lyric Street, Durham, NC 27701, Durham
311 Lyric St - 311 Lyric Street, Durham, NC 27701, Durham
311 Lyric St - 311 Lyric Street, Durham, NC 27701, Durham
311 Lyric St - 311 Lyric Street, Durham, NC 27701, Durham
311 Lyric St - 311 Lyric Street, Durham, NC 27701, Durham
311 Lyric St - 311 Lyric Street, Durham, NC 27701, Durham
Full Bath - 311 Lyric Street, Durham, NC 27701, Durham
Bedroom 1 - 311 Lyric Street, Durham, NC 27701, Durham
Bedroom 2 - 311 Lyric Street, Durham, NC 27701, Durham
311 Lyric St - 311 Lyric Street, Durham, NC 27701, Durham
11_dsc_9889 - 311 Lyric Street, Durham, NC 27701, Durham
311Lyric_DD_SideView - 311 Lyric Street, Durham, NC 27701, Durham
311 Lyric St - 311 Lyric Street, Durham, NC 27701, Durham
20 photos

$550,000

311 Lyric Street, Durham, NC 27701
Durham, NC 27701
Listed by Shikha Anand · Compass -- Raleigh
Bedrooms
6
Bathrooms
3
Living area
N/A
Year built
1985

About this home

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.

Property details

MLS
Doorify MLS
MLS #
10192976
Property type
Triplex
Subdivision
Not in a Subdivision
Status
Active
Days on market
32
On market date
September 16, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.22 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Eastway Elementary
0.82 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
2.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
420
Student:teacher ratio
10.2:1
District
Durham Public Schools
Middle
Lucas Middle
7.42 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
420
Student:teacher ratio
10.5:1
District
Durham Public Schools
High
City of Medicine Academy
3.18 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
352
Student:teacher ratio
14.1:1
District
Durham Public Schools

Walkability

Blended score for Durham's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

91
Highly walkable
out of 100
EPA National Walkability Index
16.8 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores9
Parks20
Schools20
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in Durham, from live MLS data.

On the market 32 days -- 88 fewer days than Durham's current average of 120 days.
For reference, the median list price across 1,686 active listings in Durham right now is $375,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,462/mo
$110,000 down
$440,000 loan
Principal & interest$2,854
Property tax (est.)$458
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 20 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.