New Listing
Description
Opportunity to acquire three new-construction condos across two buildings in Canopy Crossings, a design-forward community in historic Duke Park near Downtown Durham. The portfolio includes the entire two-unit building at 1107 Camden Avenue-consisting of one upper and one lower condo-plus 1103A Camden Avenue in a neighboring building. Units 1107A and 1107B each offer 792 square feet, 2 bedrooms and 2 bathrooms, while 1103A offers 1,536 square feet, 3 bedrooms and 2.5 bathrooms. The portfolio totals 3,120 square feet, 7 bedrooms, 6.5 bathrooms and 6 dedicated parking spaces. Projected rents are $1,750-$1,900 per unit monthly, providing potential portfolio income of $5,250-$5,700 per month or $63,000-$68,400 annually. Offered at $902,000, the portfolio provides an estimated gross rental yield of approximately 7.0%-7.6%. The homes feature thoughtfully designed layouts, contemporary finishes and modern architectural details. The HOA documents contain no rental restrictions. Canopy Crossings is conveniently located near Downtown Durham, Duke University, Duke Park and the area's employment, dining and entertainment destinations.
Details
| MLS # | 10189981 |
|---|---|
| Listing Type | For Sale |
| HOA Dues | $230 |
| Sub-Type | New Construction |
| Status | Active |
| Year | 2026 |
| Days On Site | 2 |
| Listing Provided By | Compass -- Raleigh | Johnny Chappell |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 7 Total |
| SQ Feet | 3,120 |
| Story(s) | 1 |
| Zoning | RM-12 |
| Property View | Neighborhood |
Interior
| Interior Features | Breakfast Bar, Double Vanity, Kitchen Island, Kitchen/Dining Room Combination, Pantry, Quartz Counters, Recessed Lighting, Walk-In Shower |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air, Heat Pump |
| Fireplace Yes / No | No |
| Laundry Features | Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup |
Exterior
| Exterior Features | Balcony, Lighting, Private Entrance, Rain Gutters |
|---|---|
| Roof | Shingle |
| Foundation Details | Slab |
| Lot Features | Landscaped, None |
| Community Features | Suburban |
| View | Neighborhood |
| Construction Materials | Fiber Cement |
| Patio And Porch Features | Deck |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | On Site, Paved |
Location
| Association Amenities | Landscaping, Maintenance Grounds, Maintenance Structure, Management, Parking |
|---|---|
| Community Features | Suburban |
Utilities
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Legal Description | Prop-Reynolds Marjorie Pl:000000-000000 |
|---|---|
| Tax Year | 2026 |
Area Information
| State | NC |
|---|---|
| County | Durham |
| City | Durham |
| Zip Code | 27701 |
| Area | Durham |
| Community Name | Canopy Crossing at Camden Condominium |
| School District | Durham - Riverside High |
| Elementary School | Durham - Club Boulevard Elementa |
| High School | Durham - Riverside High |
| Listing VS Median (in Canopy Crossing at Camden Condominium) | |
Price: $902,000 low | high Med: $306,825 sqft: 3,120 low | high Med: 928 $ / sqft: $289 low | high Med: $331 On site: 2 low | high Med: 41 | |
Market Activity 27701
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Learn More About This Property
| State | NC |
|---|---|
| County | Durham |
| City | Durham |
| Zip Code | 27701 |
| Area | Durham |
| Community Name | Canopy Crossing at Camden Condominium |
| School District | Durham - Riverside High |
| Elementary School | Durham - Club Boulevard Elementa |
| High School | Durham - Riverside High |
| Listing VS Median (in Canopy Crossing at Camden Condominium) | |
Price: $902,000 low | high Med: $306,825 sqft: 3,120 low | high Med: 928 $ / sqft: $289 low | high Med: $331 On site: 2 low | high Med: 41 | |
