About This Home

This 16-bedroom, 8-bathroom multi-family at 201 Broadway Street in Durham, NC is listed for $1,950,000 ($191 per sqft). Built in 1950, the home offers 10,216 sqft of living space on a 0.36 acres lot.

Key Features

  • Built in 1950
  • 0.36 acre lot
  • 2 stories

Property Details

2 stories
8 full
1950

Amenities

HardwoodA/C
Listing Description

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.

Monthly Cost Estimate

$10,429/mo

20% down · 6.5% · 30 years

Principal$1,410
Interest$8,450
Insurance$569

Estimates only. Actual payments may vary.

Location

201 Broadway Street

Durham, NC 27701

Not in a Subdivision

Features & Amenities

Interior Features

Crown MoldingGranite CountersHigh Ceilings

Exterior Features

CourtyardFenced Yard

Property Details

Flooring

Hardwood

Construction

Brick Veneer

Outdoor Features

Porch

Parking

Parking LotOff Street

Heating

CentralNatural Gas

Cooling

Gas (Cooling)Central Air

Appliances

Electric RangeMicrowaveRefrigeratorWater Heater

Questions & Answers

This 16-bedroom, 8-bathroom multi-family at 201 Broadway Street is listed at $1,950,000 ($191/sqft). The estimated monthly payment is $10,429 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.36 acre lot, 2 stories. Interior Features: Crown Molding, Granite Counters, High Ceilings. Exterior Features: Courtyard, Fenced Yard.

This property is listed by John Whaley and can be reached at 9194753891.

JW

John Whaley

Agent at Frasher Whaley Realty Group

(919) 475-3891
Agent website

Listed by Frasher Whaley Realty Group · Broker phone: (919) 475-3891 · View on Broker Site · Broker website

MLS# 10195417· Source: Doorify MLS· 15 days on PropertySimple

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

201 Broadway Street, Durham, NC 27701

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