Please scroll to the bottom of this page for a complete list of available inventory in the Raleigh, Durham, Chapel Hill and surrounding areas!

Modern duplex located in Durham, NC
Multi-family homes can be a great investment, especially for those who are new to real estate investing. These types of properties are easy to understand for new investors. You expect that each unit will have its own entrance, kitchen, bathroom, and utility metering - in other words, the same amenities you’d find in a single-family home.
Investing in a duplex, triplex, or four-plex (quad) is our focus in this article because these types of properties are considered residential real estate and that makes financing a much simpler task than applying for a commercial real estate loan.
Buying a multi-family home offers you a host of options for renting out the units. Some people choose to live in one and rent out the other(s). Other families use them to house extended family, aging parents or adult children, for example. Family members keep their independence, but any help needed is just a few steps away!
There are both pros and cons to these types of units, as with any real estate investment. Individual investors will need to consider many factors when making a decision. On the plus side:
Beginning investors will usually have an easier time with financing in residential units of four and less. In fact, most lenders treat these smaller multifamily units as if they were a single-family home. They are seen as a lower-risk investment and thus more attractive to lenders.
An investment in multi-family properties will typically offer you a greater monthly cash flow than a single-family home. Having leases that renew on a 3, 6, 9, or 12-month cycle means that rents can be increased according to market demand.
Multi-family homes by definition have multiple rental revenue streams, so if you own a triplex, and one unit is empty, you are still collecting rents on the other two units to defray your mortgage costs. Typically, the combined rent from multi-family homes will beat out a single-family residence at the same price point.
As an additional bonus, multi-family homes have weathered past times of economic uncertainty better than almost any other type of real estate investment.
As housing prices have risen around the country - this is certainly true in the Raleigh / Durham area - many people who would be traditional home buyers find themselves priced out of the market. Some of those families are delaying their home purchase plans for now and renting instead.
It might seem logical that the price for a multi-family home is just a multiple of an individual unit, but in fact, there are economies of scale. The second unit of a duplex, for example, may be only 50% more than buying a single unit. Because of this the cash flow on duplexes and triplexes are almost always better than the cash flow on a single family residence. Also, if one unit goes unrented then you still have the rent coming in from the other unit at least.

A quad located in Raleigh, NC
If you aren’t interested in full-time management of your multi-family property, the alternate route is to hire a property management company. That option can be cost-prohibitive for a single-family dwelling but makes more sense if you have multiple units in one property.
“House hacking” is not a cyber weapon, but an advantage that works for some investors. Here’s how it works: when you live in one of the units of the multifamily residence, it’s possible that those tenants will essentially pay your mortgage and expenses for you. Eliminating your housing costs is a huge win in anyone’s budget, especially with the way housing prices have increased in the Raleigh / Durham area in the past decade.
“Owner-occupied” properties may also have advantages for financing with lower interest rates and lower down payments.
However, there are some disadvantages to living on-site, which brings us to the downsides of buying multi-family homes.
If you are an owner-occupied property, remember that your tenants will be looking for you if they have any issues. It’s your door they will be knocking on in the middle of the night when the pipes burst.
And of course, you’re sharing walls and other common areas with your tenants. There may be more “community” in this endeavor than you’re comfortable with, so keep that in mind.
Managing a multifamily unit requires a certain time commitment. You can mitigate this downside by hiring a property manager, but keep in mind you will still need to allocate some time as you, the owner, may need to visit the property for maintenance and repair requests.
As the owner, you will have to deal with individual leases, tenants of all personality types and communication styles. However, a multifamily property is still less work than managing a portfolio of single-family homes.
When it comes to renting out your units, you will be competing with larger apartment complexes, some of which have all amenities - pools, tennis courts, fitness areas. You may not be able to command the highest rent in some areas that have multiple apartment complexes; on the other hand, some renters do prefer quieter spaces and are happy to forego the “extras.”
The other competition with multi-family units can come from more experienced investors. This sometimes shuts new investors out of the market completely. One strategy used by beginning investors is to partner with more experienced investors to learn the ropes.
Rental units can be inconsistent in terms of vacancies and maintenance expenses; even property taxes can vary wildly in some markets from year to year. We have seen taxes go up in the Raleigh / Durham area in the past 10 years, mainly due to property values increasing.
Nearly all multi-family units need a little work when you purchase them since most are not owner-occupied. One of the important things to do is to get an independent home inspector to look at the units before completing the purchase. That way if there is a major repair issue you can either negotiate with the seller or back out of the contract.
Though multi-family homes such as a duplex or triplex are rare compared to single-family homes, there is usually at least some inventory in the Triangle area. Below you will find a complete list of multi-family homes for sale in Durham, Chapel Hill, Raleigh, and the surrounding areas.
Make sure to select the appropriate county that you would like to search in, or contact us for help. We have experience in small multi-family properties and can help with assessing the property’s value.
To view multi-family homes for sale in a specific community, follow these links:
Calling all Investors.!! Excellent opportunity to pick up this triplex property and generate great cash flow.!! Located in the Old Wilson Historic District. All units are...
Welcome to this three-bedroom, one-bathroom single-family residence located in Burlington, NC. Situated on 8,276-square-foot lot, this home offers comfortable living spac...
Welcome to this well-maintained duplex ideally located in the heart of Gibsonville, just minutes from Elon University, charming downtown Gibsonville, and easy highway acc...
ATTENTION INVESTORS! Add this duplex to your portfolio! Both sides currently rented! 714 Unit is 1BR/1BA currently rented for $455/month; (aware that rent is below curre...
Investor Opportunity - Fully Renovated Duplex in Rocky Mount! Don't miss this beautifully renovated duplex featuring two 1-bedroom, 1-bathroom units. This property is pe...
Downtown Wake Forest Investment and/or Redevelopment Opportunity Offered in conjunction with 425 Pearce Avenue (MLS# 10142426) and 417 Pearce Avenue (MLS# 10142424) for a...
Seller Financing Available. This well-maintained 1,152 sq. ft. half-duplex offers an exceptional opportunity for both savvy investors and primary homeowners seeking a fun...
1733/1737 Cumberland Drive presents an excellent opportunity to acquire a well-positioned duplex in a highly convenient Fayetteville location. The property consists of tw...
GREAT INVESTMENT OPPORTUNITY!Don't miss this charming, renovated duplex offering both immediate cash flow and a prime location near Fort Bragg. With two long-term tenants...
Welcome to 1208 Schaub Dr, a well-located 2-bedroom, 1.5-bath condo just minutes from NC State University and less than 10 minutes from campus! This home features a comf...
Charming property at 512 S King St with great potential! Ideal for homeowners or investors, this home offers versatility and is conveniently located near local amenities,...
1304 Holloway St, Durham, NC 27701 Great investment opportunity just minutes from downtown Durham! This duplex offers strong value-add potential with both units vacant...
528-532 Matthews St features three units with a mix of stability and opportunity. The middle unit is currently leased at $700/month, providing immediate cash flow, while...
Calling all investors and visionaries! This 5 Bedroom, 2 Bathroom gem in Burlington is currently operating as a boarding house, but with a little vision, could be a charm...
Newly remodeled two bedroom, one bath duplex. New LVP throughout. Coming into the front door, two bedrooms are on the right hand side and a bathroom is straight ahead. T...
Attractive income-producing duplex with strong rental history and immediate cash flow potential! Major updates already completed, including a new roof in 2022 plus water ...
Completely renovated duplex offering two, two-bedroom apartments with year long leases ending in July 2027. This turnkey investment property features brand new HVAC heat ...
DUPLEX,Investment Opportunity in Downtown Mebane! Bring your vision to this diamond in the rough! Located in a premier Mebane location--steps from the public library and...
This is one side of the duplex only....Welcome to 67 Ariel Street, a well-maintained ranch home offering comfortable one-level living in a convenient location less than 3...
**Unique Investment Opportunity** Two-Unit Property with Modern Updates! Discover this exceptional investment property offering two spacious units, perfect for generating...
Investment Opportunity Near Downtown Durham! Unlock the potential of this duplex at 102 S Benjamine Street offering approximately 1,270 square feet with two 1-bedroom, 1-...
Excellent opportunity to own a well-maintained duplex in Oxford, NC! Whether you're an investor seeking income-producing property or an owner-occupant looking to offset y...
Available opportunity to purchase a 3200+/- sf metal red iron beam building situated on 1.8+/- acres. The building is currently setup and operates as a church, but can ea...
Fantastic investment opportunity in a highly desirable location. This duplex offers two 2-bed/1-bath units, with one unit currently occupied and the other vacant, ideal f...
BACK ON MARKET DUE TO DELAY IN BUYER FINANCING ... RALEIGH DUPLEX OPPORTUNITY_ LISTED BELOW TAX VALUE!! NO HOA - NO DUES - NO COVENANTS - NO DEED RESTRICTIONS! A N...
Beautiful and bright 1 BR 1 BA condo. A great home or investment property! This FURNISHED first-floor condo is in the gatedcommunity of Pearl Mill Flats (formerly Duke To...
Excellent, well managed and maintained duplex in North end of Fayetteville with great access to the outer loop, Fort Bragg and area amenities. This duplex offers 2 bedroo...
Discover this 4-unit residence, a Rare Gem in Historic Downtown Brunswick!Presenting 508 Albemarle Street—a remarkable multi residence that beautifully merges historic ch...
Excellent opportunity to live in one unit and rent the other with this two-family duplex. Each side features 2 bedrooms and 1 bathroom with a large kitchen, offering comf...
Prime Investment Opportunity in Laurinburg, NC! Fully occupied quadraplex generating a solid $3,000 monthly gross income. This property features four 2-bedroom, 1-bathroo...
Attn: Investors!! Don't miss this well maintained and fully occupied townhouse duo with NO HOA or yearly assessment fees! Located just minutes from Wake Tech Community Co...
Attn: Investors!! Don't miss this well maintained and fully occupied townhouse duo with NO HOA or yearly assessment fees! Located just minutes from Wake Tech Community Co...
Amazing opportunity to own a quadplex with an incredible rental history: Unit 1: $550 (Month-to-month); Unit 2: $525 (Month-to-month); Unit 3: $600 (Lease expires 10...
An amazing opportunity awaits the discerning investor buyer looking for a quadruplex with a great location in Burlington with easy access to I-40 and I-85. Home could cer...
Motivated Seller - Rare Dual-Income Duplex in Polkton | House Hack or Cash-Flow Machine Description: Turn-key investment opportunity at 212 Martin St, Polkton, NC! This c...
719 Holloway Street presents a value-add duplex opportunity in a rapidly growing Durham corridor. The property consists of two identical 2-bedroom, 1-bathroom units and w...
This well-maintained 3-unit mobile home park sits on approximately 0.67 acres and includes a spacious 20' x 39' shop. All three units are currently tenant-occupied, provi...
INVESTORS--4 Bedroom/4 Bath condo near NCSU. Walking distance to NCSU bus stop and shopping center with Food Lion. Remodeled in 2023. New cabinets and countertops, di...
Don't miss this beautifully updated duplex featuring cosmetic upgrades throughout. Each side offers 2 bedrooms and bathroom with bright, functional living spaces that are...
Turnkey investment opportunity with immediate rental income! This well-maintained end-unit townhome is currently leased for $1,900 per month with a lease in place through...
Excellent opportunity to own a Multi Unit Property in the Historic District. This property does require renovations and it is priced accordingly. Huge opportunity to gene...
Excellent investment opportunity to acquire a small Mobile Home Park (MHP) situated on approximately 4.20 acres with room for additional expansion. This income-producing ...
Rare investor opportunity steps from the heart of Downtown Durham. This 1930-built, two-level property at 708 S Roxboro Street sits on a publicly maintained road with imm...
** Calling Highest & Best by Wed 22nd ** HIGH-TRAFFIC INVESTOR OPPORTUNITY NEAR DOWNTOWN RALEIGH! Act fast on this rare opportunity to acquire a fully gutted duplex in on...
Investor's Dream in downtown Wendell! Take advantage of this ability to walk to downtown breweries, coffee shops, and restaurants while having Wendell Falls at your doors...
Exceptional development opportunity: a +/- 2.15 acre parcel with excellent visibility and access just minutes from Millstone Shopping Center. A rental home sits on the pr...
GREAT INVESTMENT PROPERTY located in Lumberton. Each unit in this brick ranch duplex has 3 bedrooms and 1 bath. The roof was replaced in 2024. The property is located ...
Rare opportunity to own a fully occupied, income-producing duplex in the heart of Durham. This well-maintained two-unit property is currently home to long-term(2021 & 202...
Excellent investment opportunity! Four income producing manufactured homes, each converted to real property, are being offered as a package sale. Every home features 2 be...
Presenting a rare gem in downtown Durham, this duplex offers unparalleled potential. Whether you are a first-time buyer aiming to live in one unit while renovating the ot...
Calling all investors or renters looking to get off the sidelines! Just minutes from Downtown Durham, this charming, fully rented duplex at 806 Eva Street is offered for ...
Turnkey investment. Furnished, income producing Airbnb with an established booking history and 5 star guest reviews. Newly renovated 3BR/2.5BA townhome in the Six Forks a...
Prime Durham duplex just minutes from Duke University! Tucked away from the main road, this one-level property offers solid rental appeal. Live in one unit and rent the o...
Attention Investors and house hackers! Duplex in fantastic Durham location - perfect for first time or experienced investors interested in adding to their portfolio or ho...
1982 Quadplex w/ 1 vacant unit Current ents range from $625-$725 Projected 10.37% Cap rate at market rent ($750) Vinyl Siding Vinyl Windows Asphalt Shingle Roof Large as...
Attention Investors and house hackers! Duplex located in fantastic Durham location. Perfect for experienced investors interested in adding to their portfolio or house hac...
1322-1328 Maple St is a four-unit building in Rocky Mount with three units leased and immediate upside at the fourth. Slab on grade, vinyl siding, shingle roof. | ...
Attention Investors and house hackers! Duplex located in fantastic Durham location. Perfect for experienced investors interested in adding to their portfolio or house hac...
Attention Investors and house hackers! Duplex located in fantastic Durham location. Perfect for experienced investors interested in adding to their portfolio or house hac...
Attention Real Estate Investors, Home Owners and house hackers! Amazing opportunity for a homeowner interested in living in one unit and renting out the other one with w...
Attention Investors, Home Owners & house hackers! Amazing opportunity for a homeowner interested in living in one unit & renting out the other side. Also, perfect for the...
nvestment opportunity on Southwood Dr featuring a four-unit residential property with strong rental potential. Each unit offers a functional layout with practical living ...
Renovated Triplex with Expansion Potential!Discover this nicely renovated triplex offering updates and solid rental income potential. Each unit has been thoughtfully refr...
Great Walltown duplex with strong rental history and only a couple of blocks from Duke! Both units leased until 2027! Hardwood floors, central HVAC, charming front porc...
Welcome to 1427 Cherrycrest Drive in Durham, a spacious 4-bedroom, 3-bathroom duplex home offering comfort and versatility. This property features a thoughtfully designed...
Welcome to 1419 Cherrycrest Drive in Durham, a spacious 4-bedroom, 3-bathroom duplex home offering comfort and versatility. This property features a thoughtfully designed...
Welcome to 1425 Cherrycrest Drive in Durham, a spacious 4-bedroom, 3-bathroom duplex home offering comfort and versatility. This property features a thoughtfully designed...
Welcome to 1421 Cherrycrest Drive in Durham, a spacious 4-bedroom, 3-bathroom duplex offering a flexible layout and strong potential. The home features generous living ar...
Wonderful, fully-leased duplex in Northgate Park! Both units leased until 2027! Charming features including hardwood floors, moldings, and built-ins. Both units are al...
Old West Durham duplex at 1008 Alabama Avenue in Durham, N.C. The property features one-bedroom units and offers an attractive opportunity for investors seeking both i...
"Easy one-level living with the Colton Floorplan! An open concept design featuring classic and elegant finishes including LVP flooring in the entry, kitchen, and dining a...
Duplex at 213 Hargrove Street in Downtown Durham. The property has 1-bed and 1-bath units of approximately 560 SF and 675 SF respectively. Both units feature recently upd...
Welcome to the Bismarck II plan in Windwood Estates in Brunswick, GA—featuring Elevation A with a beautiful coastal-inspired color palette that gives this home a light, a...
Exceptional opportunity to own three well-maintained homes on a single parcel in Tobaccoville. Each residence offers 2 bedrooms and 1+ bath and is currently occupied by p...
Prime Duplex Opportunity in Historic Sanford - Invest or Owner-Occupy! Discover this beautifully renovated duplex at 516-518 Cross St, Sanford, NC 27330 - a smart choi...
Duplex opportunity in a growing Durham location offering flexibility and strong rental potential. Each unit has its own private entrance, making this an excellent option ...
**ACTIVE ADULT COMMUNITY 55+** "Stunning Colton Twin Villa Floorplan! Enjoy open-concept living in this beautifully designed home featuring LVP flooring, tile in the bat...
1424–1430 Tangora Lane is a four-unit property made up of four 2-bed / 1.5-bath units. The property is 75% occupied and currently brings in $2,650 in gross monthly income...
**ACTIVE ADULT COMMUNITY 55+** "Stunning Colton Twin Villa Floorplan! Enjoy open-concept living in this beautifully designed home featuring LVP flooring, tile in the bat...
''Stunning Home with Great Cranbrook Floorplan! Enjoy open-concept living in this beautifully designed home featuring LVP flooring in the entry, kitchen, and dining areas...
''Stunning Home with Great Cranbrook Floorplan! Enjoy open-concept living in this beautifully designed home featuring LVP flooring in the entry, kitchen, and dining areas...
This beautifully renovated duplex presents a compelling investment opportunity in the heart of Durham, strategically positioned within a high-demand rental corridor. Each...
Charming 2-bedroom, 1-bath duplex in Durham's Duke Park neighborhood featuring hardwood floors, abundant natural light, spacious bedrooms. Conveniently located near downt...
Opportunity knocks at 402, 406 & 410 Warren St.! 3 seperate single story units all tenant occupied, currently bringing in $3450 monthly income. All units renovated in 2...
Ranch-Style Brick Duplex in the Heart of Durham - No HOA! Excellent investment opportunity just minutes from Duke University and downtown Durham. This fully renovated br...
Rare one-level duplex opportunity set on over an acre with serene, wooded surroundings! Each side offers a 2-bedroom, 1-bath layout with cozy fireplaces and functional li...
103 Stewart Ln Unit A. Situated in one of the best spots in Chapel Hill, surrounded by mature trees and located directly across from a large open green field. The proper...
Investment opportunity in Burlington! This fully occupied quad at 328 Sellars Street features four 1-bedroom, 1-bath units, offering an established multifamily property f...
New construction duplex offering modern living in a highly convenient location. Each unit features 3 spacious bedrooms, 1-car garage, open-concept floor plans, and stylis...
Unbelievable opportunity just minutes from Downtown Durham, overflowing with historic charm, thoughtful updates, and exceptional income potential! This unique two-propert...
Turnkey brick duplex in Durham's sought-after Lakewood Park neighborhood offering immediate cash flow. Both units are occupied, have separately-metered, tenant-paid utili...
*Seller Paid Credits of $6,000* Assumable VA Mortgage available! Newer duplex completed in 2025, offering a rare opportunity for both investors and owner-occupants. This ...
You Can't Beat the Location! Beautiful duplex located in the highly desirable Golden Belt District of Durham -- No HOA! Excellent investment opportunity just minutes fr...
Premium Quadplex Investment: 100% Occupied Cash Flow Powerhouse in Gibsonville Western Alamance Seize this exceptional opportunity to acquire a turn-key investment proper...
**OPEN HOUSE AVAILABLE ON WEEKDAYS ALSO - CALL ME! LOOKS & LIVES LIKE BRAND NEW!! Freshly laid carpet & paint - welcome you to this beautifully maintained home located in...
Turnkey brick duplex in Durham's sought-after Lakewood Park neighborhood offering immediate cash flow. Both units are occupied with separately-metered, tenant-paid utilit...
Strategically positioned along one of Raleigh's most actively evolving urban corridors, this prominent OX-3 zoned corner property offers a rare opportunity to acquire a f...
Strategically positioned along one of Raleigh's most actively evolving urban corridors, this prominent OX-3 zoned corner property offers a rare opportunity to acquire a f...
Both Duplex are occupied both 3 bedrooms 2 bath and both single garage. Must get appointment with tenants for showing. Both sides the owners own the appliances stove, ref...
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