$4,630 Closing Credit¹
#10072653, Gretchen Coley, Devin Curlings, Listing Office: Compass -- Raleigh
$361,125 List price
2505 Chapel Hill Rd Durham, NC 27707
$4,288
Closing credit¹
2 beds
1 full
1,240 sqft
$291 / sqft
House
Property details
About 2505 Chapel Hill Rd
Rare Investment Opportunity: 5-Property Package in Prime Durham Location (27707) Unlock the potential of this unique 5-property portfolio located in the thriving heart of Durham, NC. Priced to move, this package includes four single-family homes, all situated within the desirable 27707 zip code — a high-demand area with strong rental growth and development potential. Currently, 4 of the 5 properties are tenant-occupied on flexible month-to-month leases, providing immediate rental income with the option to increase rents to market rates. Current rents are significantly below market, offering substantial upside for both investors and owner-occupants. Whether you're a seasoned investor looking to expand your portfolio, a first-time buyer seeking value-add potential, or someone interested in purchasing individual properties, this package provides flexibility and opportunity. PROFFESIONAL MEASURMENTS TO BE TAKEN DURING DD PHASE. Month to Month. Current rent $2,000
Highlights
Home typeSingle Family Residence
HeatingFloor Furnace, Wall Furnace
StatusActive
CoolingCentral Air
Size1,240 sqft
BasementYes
Year built1930
ParkingDriveway, Attached Garage
MLS #4250049
Attached garageYes
Summary
- Full Bathrooms: 1
- Appliances: None
- Basement: Yes
- Total Bedroom Count: 2
- Attached Garage: Yes
- Parking: Driveway, Attached Garage
- Heating: Floor Furnace, Wall Furnace
- Cooling: Central Air
- List Price: $361,125
- Price/SqFt: $291
- Annual Tax Amount: $3,149
- Tax Year: 2024
- Year Built: 1930
- Living Area: 1,240 SqFt
- MLS Number: 4250049
- Office Name: MATHERS REALTY.COM
- Office Email: ianstevens32296@gmail.com
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$361,125
2505 Chapel Hill Rd
$4,288
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $225,798 | $3,149 |
| 2023 | $225,798 | $2,957 |
| 2022 | $225,798 | $2,889 |
| 2021 | $225,798 | $2,876 |
| 2020 | $225,798 | $2,808 |
| 2019 | $225,798 | $2,808 |
| 2018 | $195,258 | $2,648 |
| 2017 | $195,258 | $2,629 |
History based on county public records data.
Nearby schools
3
Lakewood Elementary School
Public District PK-5
0.2 mi
•2520 Vesson Ave
5
Hope Valley Elementary School
Public District KG-5
1.0 mi
•3005 Dixon Rd
7
Morehead Montessori Magnet Elementary School
Public Magnet KG-5
1.2 mi
•909 Cobb St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,045. Residents of Durham, NC typically earn less than $<35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
40%
<35k
37%
35k-100k
20%
100k-200k
3%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
55%
Single, No Kids
14%
Single, with Kids
16%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
7%
12-17 yrs old
27%
18-34 yrs old
42%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Soccer
Continuing Education Courses
NBA/WNBA
Where do the neighbors shop?
Forever 21
Express/Express For Men
New York & Company
Where do the neighbors go to eat?
Dominos Pizza
Qdoba
Boston Market
What do the neighbors drive?
Mazda
Volkswagen
Infiniti
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary
Active Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2505 Chapel Hill Rd
The listing price of 2505 Chapel Hill Rd property is $361,125.
The property 2505 Chapel Hill Rd is a house located in Durham, North Carolina, 27707.
Active Listing: 2505 Chapel Hill Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2505 Chapel Hill Rd are: Lakewood Elementary School (GreatSchools Rating 3/10), Hope Valley Elementary School (GreatSchools Rating 5/10), Morehead Montessori Magnet Elementary School (GreatSchools Rating 7/10), Lakewood Montessori Magnet Middle School (GreatSchools Rating 9/10), Rogers-Herr Middle School (GreatSchools Rating 8/10), Carter Community Charter (GreatSchools Rating 4/10), J D Clement Early College High School (GreatSchools Rating 10/10), Durham School of the Arts (GreatSchools Rating 9/10), Hillside High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $3,149 (source: MLS/based on county public records data).
The property at 2505 Chapel Hill Rd has 2 bedrooms and 1 bathroom.
The property 2505 Chapel Hill Rd is 1,240 SqFt (source: MLS/tax record).
The year of construction for 2505 Chapel Hill Rd is 1930.
This home is located at 2505 Chapel Hill Rd in Durham, NC and zip code 27707 in the Tuscaloosa-Lakewood neighborhood. This 1,240 square foot home was built in 1930. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $361,125.
Durham, NC housing market in March 2025 saw over 71 listings sold above listed price, more than 52 sold at listed price and over 126 sold below. The number of homes for sale in Durham, NC increased by 15.5% between February and March 2025. In March 2025, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $425,000.
From Rocket Homes Real Estate and based on county public records data.