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18 photos

$308,000

1001 Stennis Way, Durham, NC 27703
Durham, NC 27703
Listed by Brandon Dale Carlton · Apple Realty
Bedrooms
3
Bathrooms
2.5
Living area
N/A
Year built
2003

About this home

Excellent investment opportunity with a reliable tenant already in place through April 2027, providing immediate, stable rental income from day one. This well-maintained home features a functional floor plan with three bedrooms and three full bathrooms, offering strong long-term rental appeal. A brand-new HVAC system, installed in March 2026, provides added value and helps minimize near-term maintenance expenses. Conveniently located with easy access to Durham, Research Triangle Park, major highways, shopping, dining, and area employers, this property is well-positioned for continued rental demand. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this is a turnkey opportunity with dependable cash flow already in place. Excellent investment opportunity with a reliable tenant already in place through April 2027, providing immediate, stable rental income from day one. This well-maintained home features a functional floor plan with three bedrooms and three full bathrooms, offering strong long-term rental appeal. A brand-new HVAC system, installed in March 2026, provides added value and helps minimize near-term maintenance expenses. Conveniently located with easy access to Durham, Research Triangle Park, major highways, shopping, dining, and area employers, this property is well-positioned for continued rental demand. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this is a turnkey opportunity with dependable cash flow already in place.

Highlights

Fireplace

Property details

MLS #
10180382
Property type
Single Family Residence
Subdivision
Lynn Hollow
Status
Active
Days on market
85
On market date
July 16, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
1
Parking spaces
N/A
Lot size
0.12 acres
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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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Holt Elementary
6.77 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
645
Student:teacher ratio
11.1:1
District
Durham Public Schools
Middle
Neal Middle
3.38 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
820
Student:teacher ratio
13.2:1
District
Durham Public Schools
High
City of Medicine Academy
6.07 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
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).

57
Somewhat walkable
out of 100
EPA National Walkability Index
10.2 / 20 -- Below average walkable
Google Places amenity density
65 / 100
Restaurants & cafes8
Grocery stores2
Parks1
Schools3
Transit stops8
Pharmacies1

Market position

How this listing compares to current activity in Durham, from live MLS data.

On the market 85 days -- 25 fewer days than Durham's current average of 110 days.
For reference, the median list price across 1,678 active listings in Durham right now is $375,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,005/mo
$61,600 down
$246,400 loan
Principal & interest$1,598
Property tax (est.)$257
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated July 18, 2026.

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.