$5,610 Closing Credit¹
Listing Office: MATHERS REALTY.COM
$439,400 List price
2507 Chapel Hill Rd Durham, NC 27707
$5,218
Closing credit¹
3 beds
1 full, 1 partial
1,780 sqft
$247 / sqft
House
Property details
About 2507 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. MEASURMENTS ARE ESTIMATES NOT EXACT. Currently rented at $2000. Month to Month Lease.
Highlights
Home typeSingle Family Residence
HeatingWall Furnace
StatusActive
CoolingCentral Air
Size1,780 sqft
BasementYes
Year built1920
ParkingDriveway, Attached Garage
MLS #4250051
Attached garageYes
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: None
- Basement: Yes
- Total Bedroom Count: 3
- Attached Garage: Yes
- Parking: Driveway, Attached Garage
- Heating: Wall Furnace
- Cooling: Central Air
- List Price: $439,400
- Price/SqFt: $246
- Annual Tax Amount: $3,434
- Tax Year: 2024
- Year Built: 1920
- Living Area: 1,780 SqFt
- MLS Number: 4250051
- Office Name: MATHERS REALTY.COM
- Office Email: ianstevens32296@gmail.com
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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Last updated on: 5/1/2025, 5:21:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$439,400
2507 Chapel Hill Rd
$5,218
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 12, 2004 | Home Sold | $250,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $246,231 | $3,434 |
| 2023 | $246,231 | $3,225 |
| 2022 | $246,231 | $3,151 |
| 2021 | $246,231 | $3,136 |
| 2020 | $246,231 | $3,062 |
| 2019 | $246,231 | $3,062 |
| 2018 | $211,160 | $2,864 |
| 2017 | $211,160 | $2,843 |
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. Typical income of Durham, NC residents is less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
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 2507 Chapel Hill Rd
The listing price of 2507 Chapel Hill Rd property is $439,400.
The property 2507 Chapel Hill Rd is a house located in Durham, North Carolina, 27707.
Active Listing: 2507 Chapel Hill Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2507 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 $3,434 (source: MLS/based on county public records data).
The last sale was on May 12, 2004 for $250,000 (source: MLS/tax record).
The property at 2507 Chapel Hill Rd has 3 bedrooms and 1 full and 1 half bathrooms.
The property 2507 Chapel Hill Rd is 1,780 SqFt (source: MLS/tax record).
The year of construction for 2507 Chapel Hill Rd is 1920.
This home is located at 2507 Chapel Hill Rd in Durham, NC and zip code 27707 in the Tuscaloosa-Lakewood neighborhood. This 1,780 square foot home was built in 1920. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $439,400.
Over 71 listings were sold over their listed price in March 2025 in Durham, NC. In the same period over 126 listings were sold below the listed price and 52 listings were sold for the listed price. In March 2025 in Durham, NC there were 15.5% more homes for sale than in February. The median list price of listings available in March 2025 was $425,000, while the average time on the real estate market was 42 days.
From Rocket Homes Real Estate and based on county public records data.