Please scroll to the bottom of this page for a complete list of available inventory in the Raleigh, Durham, Chapel Hill and surrounding areas!
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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.
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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:
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...
INVESTOR OPPORTUNITY! Add this duplex to your investment portfolio for just $150,000! Each unit offers 3 bedrooms and 1 full bathroom, providing a total of 6 bedrooms and...
Solid, low-maintenance brick duplex offering a prime addition to any investment portfolio. Each side features an efficient, easy-to-manage 1-bedroom, 1-bathroom layout wi...
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...
Incredible turnkey investment opportunity in the heart of Fayetteville! This affordable, well-maintained duplex sits on a spacious, beautiful corner lot, blending unmatch...
Prime Investment Opportunity: Fully Rented Duplex! Add a standout income-producer to your portfolio with 2316 Edgar St, Fayetteville, NC 28301! This charming multi-famil...
Discover this versatile duplex property located in Rocky Mount, NC, offering four bedrooms and two bathrooms across its well-designed layout. Situated on a generous lot o...
Turnkey Investment Opportunity in Fayetteville! Solid, low-maintenance 4-bedroom, 1.5-bath all-brick ranch featuring lots of functional living space. Recent interior upda...
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...
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...
BACK ON MARKET through no fault of the seller! The bank appraisal came in at $180K and the previous buyer chose not to move forward. Now's your chance to grab this great ...
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...
Excellent investment opportunity or house-hack potential in Fayetteville! This well-maintained triplex is located within the city limits and features city water (septic o...
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...
Charming 1955 All-Brick Colonial with Endless Potential! Discover incredible space, classic character, and versatile investment potential in this all-brick Colonial home....
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...
Currently leased and generating $1,925/month, this property offers an excellent opportunity for investors seeking immediate rental income! The roof was replaced in 2022, ...
Great investment opportunity in Fayetteville! This duplex features two rental units and is offered at $220,000. Conveniently located just off Bragg Boulevard, along the b...
Great investment opportunity in Fayetteville! This duplex features two rental units and is offered at $220,000. Conveniently located just off Bragg Boulevard, along the b...
Great investment opportunity in Fayetteville! This duplex features two rental units and is offered at $220,000. Conveniently located just off Bragg Boulevard, along the b...
Great investment opportunity in Fayetteville! This duplex features two rental units and is offered at $220,000. Conveniently located just off Bragg Boulevard, along the b...
**Unique Investment Opportunity** Two-Unit Property with Modern Updates! Discover this exceptional investment property offering two spacious units, perfect for generating...
Fantastic ranch style duplex with great location close to downtown and Cape Fear Valley Hospital. On quite street and nearly surrounded with high quality new construction...
GREAT INVESTMENT - WELL MAINTAINED DUPLEX IN CONVENIENT LOCATION. Each side has one bedroom one bath, kitchen, living room & Laundry room. Double carport and detached g...
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...
Total of Three single wide's with land for sale. Two single wide's on one tract being 1.14 acres those addresses are 668 and 622 Young rd. additional parcel address 644 ...
Fayetteville Fully Rented Duplex! Turnkey 2-bedroom, 1.5-bath duplex with both units tenant-occupied and leases already in place. Current rents are $950 and $860/month. E...
Fayetteville Fully Rented Duplex! Turnkey 2-bedroom, 1.5-bath duplex with both units tenant-occupied and leases already in place. Current rents are $880 and $975/month. E...
Fayetteville Fully Rented Duplex! Turnkey 2-bedroom, 1.5-bath duplex with both units tenant-occupied and leases already in place. Current rents are $920 and $935/month. E...
Fayetteville Fully Rented Duplex! Turnkey 2-bedroom, 1.5-bath duplex with both units tenant-occupied and leases already in place. Current rents are $910 and $950/month. E...
Great Investment Opportunity - Newly Renovated Corner Lot Property! Discover this newly renovated property situated on a desirable corner lot in a beautiful, establish...
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...
NEW PRICE $250,000!! SLASHED $20,000!! NOW JUST $151/SF!! RUN, DON'T WALK to this charming home offers a perfect blend of comfort and convenience. Featuring three bedroo...
Bright and open townhome in Hedingham! Kitchen opens to the living/dining room. Built-in shelving makes for a cozy reading corner. Three spacious bedrooms. Baths feat...
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...
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...
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...
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...
Great investment opportunity in Durham! 1101 Eva Street is a duplex offering two separate units and plenty of potential for its next owner. Both units are 2 bedroom and 1...
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 ...
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...
ATTENTION INVESTORS!!! Amazing Opportunity to Own a DUPLEX, Live in one and Rent the other side or Continue Leasing to the Current Long-Time Tenants. Each side of the Du...
This parcel contains four lots (113, 115, 117, & 119) with three single family homes. The empty lot once housed 113 Kaye St which burned down a long time ago. Another si...
Two adjacent single-family homes in Oxford Park are being offered together as a unique investment package, creating an opportunity for buyers seeking multiple rental unit...
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...
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...
Excellent investment opportunity! Four income producing manufactured homes, each converted to real property (owned land), are being offered as a package sale. Every home ...
Duplex offering immediate rental income with additional upside potential. Each unit features 2 bedrooms and 1 bathroom. Recent capital improvements include HVAC replaceme...
Calling all investors, aspiring landlords, and buyers ready to make their move! Located just minutes from Downtown Durham, this charming duplex presents an exciting oppor...
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 ...
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...
5801–5807 Aftonshire Drive offers a well-positioned quadraplex consisting of four 1-bedroom, 1-bathroom units, each featuring a private rear deck. The property is now 100...
Newer construction duplex built in 2023 offering immediate rental income with additional upside potential. Each unit features 2 bedrooms and 1 bathroom with an open floor...
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...
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...
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...
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...
Renovated Triplex with Expansion Potential!Discover this nicely renovated triplex offering updates and solid rental income potential. Each unit has been thoughtfully refr...
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...
**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...
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...
''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...
913 S Person Street | Raleigh, NC Offered at $359,000 | 2 Bedrooms | 1 Bathroom Renovated Downtown Raleigh Bungalow with Sky...
Wow - great location one level brick Duplex close to Duke - each side has 2 bedrooms! Charming! Live in one side and rent out the other? Rent both sides out? Well cared...
Experience the best of Del Webb living in this beautifully upgraded Compass home, featuring a spacious owner's suite, an open-concept kitchen with abundant counter space,...
**INVESTMENT OPPORTUNITY | FOURPLEX WITH CURRENT RENTAL INCOME + ADDITIONAL RENTAL POTENTIAL**Back on market NO FAULT TO SELLER!Excellent opportunity to add a multi-famil...
GREAT INVESTMENT OPPORTUNITY! 4 units each 2BR/1BA with SOLID Rental History. with Private Fenced Backyard. Each Unit has 3x6 Attached Storage Building and Large Patio.
Duplex opportunity in Durham's desirable Duke Park area! This property features two 2-bedroom, 1-bath units, offering an attractive opportunity for investors or an owner-...
Discover this charming, fully-leased duplex in Durham's desirable Watts-Hillandale neighborhood. Excellent opportunity for investors seeking an income-producing property...
COMPLETELY REMODELED 4 Bed/2 Bath duplex less than 1 mile from Downtown Durham & Durham Bulls Stadium! Endless opportunity with both sides vacant, renovated and ready to ...
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...
This beautifully renovated duplex presents a compelling investment opportunity in the heart of Durham, strategically positioned within a high-demand rental corridor. Each...
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...
PRIME INVESTMENT OPPORTUNITY that's just two blocks from NCCU! This fully renovated duplex is TURNKEY (all appliances including washer / dryer included!) Both units with...
What?! A newer duplex completed in 2025 with house-hacking potential? Yes, you heard that right! This duplex, along with the sister property, is FHA and VA eligible and c...
New Construction Presale Duplex. 2 units. Live in one side and rent the other side! Each unit has 3 Bedrooms,2.5 Baths, spacious Eat in Kitchen with granite and stainles...
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...
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...
Rare one-level duplex opportunity set on over 1-ACRE with serene, wooded surroundings! Each side offers a 2-bedroom, 1-bath layout with cozy fireplaces and functional liv...
There are four 2-bedroom, 1-bathroom single family homes that are on the deed. Each of the three homes on Short St are 714 SQFT as listed on the tax property description...
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...
Premium Quadplex Investment: Cash Flow Powerhouse in Gibsonville Western Alamance Seize this exceptional opportunity to acquire a turn-key investment property in one of t...
Investors opportunity. Seller is offering $15,000 toward a permanent rate buy down. A townhome style Duplex located near the heart of Downtown Durham. Each unit has 3 b...
Discover the potential of this duplex investment opportunity just north of the Beltline and near the growing Iron Works development area. Located along the Atlantic Avenu...
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...
Duplex | Excellent Investment Opportunity in a Prime Location Don't miss this outstanding opportunity to own a duplex in a highly convenient location. Whether you're loo...
Amazing opportunity for a 3-unit property on a large lot with easy access to the greater Raleigh area! Many options here: buy and hold rental property, owner occupant inv...
GREAT INVESTMENT Opportunity in downtown Raleigh conveniently located to bus line, shopping and activities. Ranch Duplex, low maintenance slab construction with vinyl sid...
Unique investment opportunity featuring two detached single-family residences on one parcel and conveyed under a single Parcel ID. This legal nonconforming, income-produc...
Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .