201 Broadway Street Durham, NC $ 1,950,000
201 Broadway Street
$ 1,950,000
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201 Broadway Street

Durham, NC, 27701
$ 1,950,000
Bedrooms16 Baths8.0 Sq 10,216

Monthly Estimate*

$ 13,468

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Multi-Family Home for sale in Durham, NC

for $1,950,000 with 16 bedrooms and 8 full baths. This 10,216 square foot home was built in 1950 on a lot size of 0.36.

Amazing opportunity to own the rare and beautifully preserved Markham Apartments, an 8-unit historic apartment building in downtown Durham. Showcasing distinctive Spanish Colonial Revival architecture, this remarkable property features eight spacious 2-bedroom, 1-bathroom units with soaring ceilings, hardwood floors, large windows, heavy cornice and dentil moldings, and striking arches separating the living and dining areas. Many of the building's original architectural features have been carefully preserved, earning the property the 2002 George & Mary Pyne Preservation Award for historic preservation. The exterior combines classic brick and stucco with a metal roof, while charming front and rear porches serve the lower units and upper units feature balconies with decorative spindles. Each unit offers a spacious, updated kitchen with granite countertops. Residents also enjoy a welcoming front courtyard, a common laundry room, and off-street rear parking with 10 spaces. There is also potential to add in-unit washers and dryers, providing an opportunity for further modernization and value enhancement. A rare combination of historic character, architectural distinction, and downtown location, the Markham Apartments presents a unique investment opportunity in one of Durham's most desirable urban settings.

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Multi-Family Active

Price

$ 1,950,000

Bedrooms

16

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

National Historic Designation

Lot Size

0.36

Year Built

1950

Town/City

Durham

County/Region

Durham

MLS | Web ID

10195417

Features
General
Sewer Public Sewer
Heating Central Gas Pack Natural Gas
Cooling Central Air Gas Pack
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Roof Rubber
Appliances Electric Range Microwave Refrigerator Water Heater
Patio/Porch Features Front Porch Rear Porch Terrace
Architectural Style National Historic Designation
Construction Materials Brick Veneer
Year Built 1950
Levels Two
Property Subtype Apartment
County Durham
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Subdivision Name Not in a Subdivision
Full Baths 8
Status Active
High School Durham - Riverside High
City Durham
Open Parking Spaces 10
Lot Size Units Acres
Lot Size Square Feet 15682
Elementary School Durham - George Watts Elementary
Tax Annual Amount 0
Middle/Junior High School Durham - Brogden Middle
Structure Type Multi Family Site Built
Standard Status Active
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Interior
Interior Amenities Crown Molding Granite Counters High Ceilings
Basement Exterior Entry
Flooring Hardwood
Air Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 10216
Half Baths 0
Laundry Features Common Area Laundry Room
Total Bedrooms 16
Below Grade Finished Area 0
Above Grade Finished Area Source Appraiser
Total Baths 8
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Exterior
Exterior Amenities Courtyard Fenced Yard
Fencing Front Yard
Parking Features Off Street Parking Lot
Water Source Public
Lot Size Area 0.36
Foundation Details Combination
Building Area Total 10216
Lot Size Acres 0.36
Road Surface Type Paved
Road Frontage Type City Street
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* Excluded Features
List By
John Whaley

Listing Agent

Frasher Whaley Realty Group

Broker

jwhaley@frasherwhaley.com

Email

Affordability Calculator

$13,468
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,468
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Durham - Riverside High High School High School
Pricing History
DatePricePrice ChangeDescription
9/29/2026$1,950,000 Listed Price

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201 Broadway Street, Durham, NC, 27701 is a Multi-Family Home for sale at $1,950,000 with 10,216 sqft and a lot size of 0.36. 201 Broadway Street has 16 bedrooms, 8.0 baths, and was built in 1950. The property's zip code is 27701 which is in Durham, NC