426 Hammond St, Durham, NC, 27704
About This Home
INCREDIBLE! Nearly 1,900 square feet of living space spread across two separate rent-ready units! Investment opportunities like this are increasingly difficult to find. Whether you're looking to maximize cash flow with two tenants, create a furnished rental portfolio, or add a unique income-producing asset to your holdings, 426 Hammond offers exceptional flexibility. The property features a beautifully finished 2-bedroom, 2-bath home PLUS a detached 500-square-foot residence, creating multiple income streams and leasing strategies. Don't miss the attention to detail throughout: architecturally striking design with site-finished hardwood floors, abundant natural light, premium finishes, and a versatile bonus room that adds even more rental appeal. The thoughtfully designed kitchen and spa-inspired bathrooms elevate the living experience while commanding premium rents. Rent both spaces separately, offer one or both as furnished rentals, or capitalize on the strong demand for flexible housing options in Durham. Call the listing agent to discuss rental comps! (exterior photos are of 426 E. Hammond, interior furnished pictures are of 418 E. Hammond, floor plan is identical).
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- New construction: Yes
- Year built: 2025
Materials
- Roof: Shingle, Flat
- Construction materials: Fiber Cement
Notable Dates
- Major remodel year: 2025
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Electric Range,Exhaust Fan,Refrigerator
- Laundry features: In Hall,In Unit,Laundry Closet
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Features
- Double Vanity,Eat-in Kitchen,Kitchen Island,Kitchen/Dining Room Combination,Living/Dining Room Combination,Open Floorplan,Quartz Counters,Smooth Ceilings,Vaulted Ceiling(s),Walk-In Closet(s)
- Window features: Double Pane Windows
- Flooring: Ceramic Tile,Hardwood
- Finished area below ground: 0
- Finished area above ground: 1,880
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: None
- Cooling features: Central Air,Heat Pump
Interior Area
- Total structure area: 1,880
- Total interior livable area: 1,880 sqft
Property
Details
- Parcel number: 240369
- Zoning: R-5
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered,Porch
- Exterior features: Awning(s),Fenced Yard,Rain Gutters
- Fencing: Back Yard, Privacy, Wood
- Has view: Yes
Lot
- Lot size: 5,227 sqft
- Features: Flag Lot,Landscaped
Parking
- Total spaces: 4
- Parking features: Concrete,Driveway,Garage,Garage Door Opener,Off Street,On Site,Shared Driveway
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
- Uncovered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Hurricane
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Durham County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,978 | $35,736 |
| Home Insurance * | $235 | $2,820 |
| Property Taxes | $486 | $5,832 |
| Electricity | $200 | $2,405 |
| Total | $3,899 | $46,788 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-31 | Listed for sale | $589,000 |
View on Zillow