$350,000
About this home
BUILDERS & INVESTORS — MULTIPLE-UNIT POTENTIAL MINUTES FROM RTP & RDU. Nearly 1/2 acre with a survey showing potential for multiple units and the possibility of creating smaller lots, subject to applicable approvals. Water and sewer are available at the street, and the fairly level topography makes this an unusually compelling development opportunity in a highly convenient Triangle location. Located just minutes from Research Triangle Park and RDU International Airport, this property combines location, utility access, usable land, and development potential in one package. Whether you're looking to build multiple homes, create an investment project, or secure land in one of the Triangle's most strategically located areas, 111 Spring Street deserves a serious look. Survey attached. Multiple-unit potential. Water and sewer available. Nearly 1/2 acre. Minutes from RTP and RDU. Opportunities with this combination of location and development potential are difficult to duplicate.
Property details
- MLS
- Doorify MLS
- MLS #
- 10193283
- Property type
- Unimproved Land
- Subdivision
- Not in a Subdivision
- Status
- Active
- Days on market
- 31
- On market date
- September 17, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.49 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
- 654
- Student:teacher ratio
- 12.8:1
- District
- Durham Public Schools
- Enrollment
- 665
- Student:teacher ratio
- 13.3:1
- 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.
Mortgage calculator
Estimate only - actual rate and payment depend on your lender, credit, and loan program.
Adjust tax / insurance estimates
Similar homes you might like
Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 23 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.