$700,000
About this home
Three-parcel assemblage totaling 0.57 acres near downtown Durham offers exceptional flexibility for investment and redevelopment. The existing house is leased for steady rental income while you finalize future plans. Residential Permitted: Durham Planning confirms multifamily and townhomes are allowed across all three parcels. Total unit count is determined by your site design. Commercial Permitted: The CG-zoned parcels also allow for commercial builds, offering excellent mixed-use flexibility. Located just minutes from Duke University and downtown’s top dining, entertainment, and employment hubs, this property presents a rare opportunity for immediate cash flow and high-density growth in a rapidly expanding corridor.
Property details
- MLS
- Doorify MLS
- MLS #
- 10197970
- Property type
- Single Family Residence
- Subdivision
- Not in a Subdivision
- Status
- Active
- Days on market
- 24
- On market date
- September 24, 2026
- Stories
- N/A
- Total bathrooms
- 1
- Garage spaces
- N/A
- Parking spaces
- 3
- Lot size
- 0.57 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 420
- Student:teacher ratio
- 10.2:1
- District
- Durham Public Schools
- Enrollment
- 420
- Student:teacher ratio
- 10.5:1
- District
- Durham Public Schools
- Enrollment
- 352
- Student:teacher ratio
- 14.1:1
- District
- Durham Public Schools
Walkability
Blended score for Durham's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Durham, from live MLS data.
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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 11 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.