Magnolia Pointe

4801 Danube Ln , Durham, North Carolina 27704

Contact Magnolia Pointe

Set amidst vibrant greenery, Magnolia Pointe is the perfect escape from a busy lifestyle – yet close enough to enjoy all that Durham has to offer when the feeling strikes. Spacious 1, 2, and 3 bedroom apartments offer plenty of space to spread out – and it’s space you can use. From ample storage space to kitchens bursting with all the must-haves, you’ll find everything you’re looking for at Magnolia Pointe. Located only minutes from I-85, Duke University and downtown Durham are only 15 minutes away. Shopping, dining and more are at your fingertips. Come home to Magnolia Pointe Apartments, where better living means a better life.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom One Bath A1 (1/1)	823	Call for Price
Two Bedroom Two Bath B1 (2/2)	1	Call for Price
Two Bedroom Two Bath B2 (2/2)	1	Call for Price
Three Bedroom Two Bath C1 (3/2)	1	From $1,380 To $1,410

Eligibility for Magnolia Pointe

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Durham but actual income limits may differ for units at Magnolia Pointe.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$35,400	$40,450	$45,500	$50,550	$54,600	$58,650
Low Income (60%)	$42,480	$48,540	$54,600	$60,660	$65,520	$70,380

Magnolia Pointe Details

110 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Fitness Center
Playground
BBQ and Picnic Area
Business Center
Clubhouse
Pool
Garage
Car Wash Area
Community Kitchen

Unit Amenities

Ceiling Fan(s)
Walk-in Closet(s)
Storage
Private Patio and Balcony
Full-Size Washer & Dryer Connections

Office Hours

Day	Hours
Monday	10:00am-6:00pm
Tuesday	10:00am-6:00pm
Thursday	10:00am-6:00pm
Friday	10:00am-6:00pm
Saturday	10:00am-5:00pm

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.