- 6 beds
- 4 baths
- 3,128 sqft
- ~1/2 acre lot
- $204 per sqft
- 1963 build
- – on site
Exceptional Investment & Development Opportunity - Don't miss this rare chance to maximize value with versatility in a rapidly growing location! 112 S Joyland presents a prime opportunity for investors, developers, or owner-occupants alike. This property features two spacious 1564 SF apartments, both with 3 Bedrooms and 2 Full Baths. Both units have been fully remodeled, showcasing modern finishes, functional layouts, and separate driveways—providing privacy and convenience. Unit A is currently vacant—ideal for immediate occupancy or rental. Unit B is leased at $2,200/month, generating steady income from day one. Situated on a generous .45-acre lot, the parcel offers a potential flag lot configuration in alignment with Durham County UDO/zoning guidelines. Hire an architect to explore building an additional dwelling unit or a separate homesite—unlocking substantial added value. Additionally, there is a 40 ft x 8ft high cube container on lot that does convey: it includes a 50 Amp panel and 50 Amp 240 RV Plug. Whether you're a first-time homebuyer seeking supplemental rental income, or an investor looking to develop or expand your portfolio, this property offers exceptional flexibility and future upside. Enjoy a private oasis in the rear footprint of the lot, or capitalize on the development potential that this unique parcel presents. The combination of size, layout, zoning potential, & location makes this a superior real estate asset—one that balances immediate income with long-term growth opportunities.
Last checked:
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Checking…
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Last updated Jun 16, 2025
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MLS# 10098489 —
The Building
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Year Built:1963
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New Construction:false
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Construction Materials:Brick Veneer
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Architectural Style:Ranch
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Structure Type:Duplex
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Roof:Shingle
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Foundation Details:Other
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Stories:2
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Levels:Two
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Basement:true
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Basement:Apartment
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Patio And Porch Features:Front Porch
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Building Area Total:3128
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Building Area Units:Square Feet
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Above Grade Finished Area:1564
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Above Grade Finished Area Units:Square Feet
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Below Grade Finished Area:1564
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Below Grade Finished Area Units:Square Feet
Interior
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Rooms Total:1
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Interior Features:Bathtub/Shower Combination
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Flooring:Hardwood
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Fireplace:true
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Fireplaces Total:1
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Fireplace Features:Living Room
Room Dimensions
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Living Area:3128
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Living Area Units:Square Feet
Financial & Terms
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Lease Term:Other
Location
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Directions:Please use GPS for the most up-to-date directions.
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Latitude:35.988722
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Longitude:-78.85541
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Coordinates:-78.85541, 35.988722
The Property
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Property Type:Residential
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Property Subtype:Duplex
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Property Attached:true
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Parcel Number:131276
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Lot Size Acres:0.45
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Lot Size Area:19602
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Lot Size SqFt:19602
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Lot Size Units:Square Feet
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View:true
Listing Agent
- Contact info:
- Agent phone:
- (917) 757-3903
- Office phone:
- (919) 883-5500
Taxes
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Tax Annual Amount:3435.72
Beds
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Bedrooms Total:6
Baths
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Total Baths:4
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Total Baths:4
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Total Baths:4
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Full Baths:4
The Listing
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Virtual Tour URL Unbranded:https://unbranded.youriguide.com/112_s_joyland_st_durham_nc/
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Special Listing Conditions:Standard
Heating & Cooling
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Heating:Floor Furnace
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Bar Fridge
Schools
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Elementary School:Durham - Merrick-Moore
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Middle Or Junior School:Durham - Neal
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High School:Durham - Southern
The Community
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Subdivision Name:Woodcrest
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Association:false
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Pool Private:false
Parking
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Garage:false
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Attached Garage:false
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Carport:true
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Carport Spaces:2
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Covered Spaces:2
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Parking Features:Carport
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Open Parking:true
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Open Parking Spaces:10
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/16/25
Jun 16, 2025
|
Price Changed | DMLS | $640,000 | -3.0% |
5/23/25
May 23, 2025
|
Listed / Active | DMLS | $660,000 |