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Durham,NC 27703
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,512 sqft
Price per Sqft $175
Subdivision Arey Spring Park
MLS Listing ID 10106445
Style Site Built
Bedrooms 2
Full Baths 1
Half Baths 1
Year Built 1932
Annual Tax Amount $1,378
Lot Size 0.440 Acres
Property Sub-Type Single Family Residence
Property Description
Rare Opportunity Near Downtown Durham + RTP. 1932 Bungalow on Nearly ½-Acre RU-5 Infill Lot
Welcome to a truly special property. A classic 1932 bungalow set on a nearly half-acre, flat lot just minutes from Downtown Durham, RTP, RDU, and major highways. This home is more than a structure. It's a piece of history, waiting to be brought back to life.
With its strong original bones and timeless character, the existing 1,500+ sq ft home offers the perfect foundation for restoration. Thoughtfully combining vintage charm with modern updates, it has the potential to become a stunning residence that honors the past while embracing the future.
Zoned RU-5 for 3-4 single-family homes, duplexes, or quads (buyer to verify with city), the flat lot offers flexibility, great access, and potentially low development costs. It's an excellent opportunity for homeowners, flippers, or builders. Subdivide and develop, renovate and expand, or simply restore and enjoy the possibilities.
Primary homeowners will love the extensive side and backyard, ideal for gardens, play areas, or even adding an Accessory Dwelling Unit (ADU). With ample room to grow, the lot supports both current lifestyle needs and long-term vision.
For those with imagination and drive, this is more than just a property. It's a path to long-term equity and the chance to build generational wealth. Whether you're planting roots, investing in potential, or shaping your future, this rare infill lot offers something truly special.
Don't miss your chance to own a piece of Durham's past and help shape its future.
Location
State NC
County Durham
Zoning RU-5
Rooms
Other Rooms Gazebo,Shed(s),Storage
Interior
Heating Electric,Natural Gas
Cooling Ceiling Fan(s),Gas
Flooring Hardwood,Other
Laundry Main Level
Exterior
Exterior Feature Awning(s),Fenced Yard,Private Yard,Storage
Fence Back Yard,Fenced
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Septic Available,Sewer Connected,Water Available
View Y/N Yes
Roof Type Asphalt,Rubber
Building
Lot Description Back Yard,City Lot,Cleared,Garden,Split Possible
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Siding
New Construction No
Schools
Elementary Schools Durham - Bethesda
Middle Schools Durham - Neal
High Schools Durham - Southern
Others
Special Listing Condition Standard