112 S Joyland St Durham, NC 27703
Property details
About 112 S Joyland St
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.
Highlights
Summary
- Full Bathrooms: 4
- Appliances: Bar Fridge, Dishwasher, Refrigerator, Gas Cooktop, Gas Oven, Microwave, Stainless Steel Appliance(s), Washer/Dryer
- Basement: Yes
- Flooring Type: Hardwood, Laminate, Tile
- Interior: Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Granite Counters, Kitchen Island, Walk-In Shower
- Fireplace: Living Room
- Total Bedroom Count: 6
- Attached Garage: No
- Parking: Carport, RV Access/Parking
- Exterior: Porch Front
- Architectural Style: Ranch
- Heating: Floor Furnace, Heat Pump
- Cooling: Central Air, Multi Unit(s), Ceiling Fan(s)
- List Price: $640,000
- Price/SqFt: $204
- Directions: Please use GPS for the most up-to-date directions.
- Year Built: 1963
- Living Area: 3,128 SqFt
- Lot Size: 0.45 Acres
- MLS Number: 10098489
- MLS Name: Doorify MLS
- Office Name: Bold Real Estate
- Office Phone: (919) 883-5500
- Listing Agent: Dana Harshaw, Rakeem Chambers
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Last updated on: 7/1/2025, 9:40:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
4
Y.E. Smith Elementary School
Public District PK-5
1.0 mi
•2410 E Main St
7
Merrick-Moore Elementary School
Public District KG-5
1.2 mi
•2325 Cheek Rd
5
Eastway Elementary School
Public District PK-5
1.7 mi
•610 N Alston Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,750. Most Durham, NC residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
Frequently asked questions
Living in Durham, NC
Durham's transportation infrastructure supports both private and public transit options. The city has a comprehensive bus system that connects various neighborhoods and key points of interest. The area is also bike-friendly, with dedicated lanes and trails for cyclists. Major highways and thoroughfares such as Interstate 85 and Highway 70 facilitate easy commuting and travel to and from the city. Efforts are continually made to enhance the efficiency and accessibility of the city's transportation network.
The community is served by a robust educational system, including a number of public and private schools, as well as prestigious higher education institutions like Duke University and North Carolina Central University. Healthcare is well-represented with several hospitals offering a range of services from emergency care to specialized treatments. Durham also features a network of public libraries and a variety of shopping and dining options that showcase the local flavors and craftsmanship.
Durham is celebrated for its vibrant arts scene and entrepreneurial spirit. The community prides itself on a rich cultural heritage that is evident in its numerous festivals, live music venues, and the renowned American Dance Festival. The city's character is further defined by its commitment to innovation, with a bustling downtown that reflects a blend of historic preservation and modern development.
Durham's housing market is diverse, offering a range of options from historic bungalows to contemporary condominiums. Single-family homes are prevalent, making up a significant portion of the housing stock, with a mix of older, charming homes and newer constructions. Apartments and townhouses are also available, providing alternatives for those seeking a more urban living experience. The architectural styles in Durham are varied, with a blend of classic colonial, ranch-style, and modernist influences throughout the city.
About 112 S Joyland St
The listing price of 112 S Joyland St property is $640,000.
The property 112 S Joyland St is a multi located in Durham, North Carolina, 27703.
Active Listing: 112 S Joyland St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 112 S Joyland St are: Y.E. Smith Elementary School (GreatSchools Rating 4/10), Merrick-Moore Elementary School (GreatSchools Rating 7/10), Eastway Elementary School (GreatSchools Rating 5/10), Reaching All Minds Academy (GreatSchools Rating 5/10), Maureen Joy Charter School (GreatSchools Rating 7/10), Kipp Durham College Preparatory (GreatSchools Rating 2/10), Durham's Performance Learning Center (GreatSchools Rating 2/10), Southern School of Energy and Sustainability (GreatSchools Rating 2/10), Middle College High School @ Dtcc (GreatSchools Rating 9/10).
The property 112 S Joyland St is 3,128 SqFt (source: MLS/tax record).
The year of construction for 112 S Joyland St is 1963.
This home is located at 112 S Joyland St in Durham, NC and zip code 27703. This 3,128 square foot home, which was built in 1963, sits on a 0.45 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 23, 2025 and is currently priced at $640,000.
In May 2025, from all listings sold in Durham, NC there were more than 117 sold above asking price, over 197 sold below and more than 71 were sold right at the asked price. The inventory of homes for sale in Durham, NC between April and May 2025 increased by 6.6%. While the average time on the market in May 2025 was 33 days, the median list price was $426,314.