$420,000

507 Bingham St Durham, NC 27703

0.4 acres
Land

Property details

About 507 Bingham St

4 soon to be lots! Prime Investment Opportunity! Priced at 105K/lot - Located in a rapidly growing area of Durham, this property presents an incredible opportunity for builders and developers! Set to be subdivided into four separate lots, this parcel is perfect for constructing four new single-family homes. With water and sewer available (taps not included), the groundwork is already in place for your next project. Home will be torn down prior to closing, and land will be subdivided prior to closing. This location is ideal for spec home construction, offering strong buyer demand and proximity to shopping, dining, and major highways. Whether you're looking to build and sell or create long-term rental opportunities, this is a rare chance to invest in one of Durham's emerging neighborhoods. Don't miss out on this prime development site!

Highlights

Home typeUnimproved Land
StatusActive
Lot size0.38 Acres
MLS #10087628

Summary

  • MLS Number: 10087628
  • MLS Name: Doorify MLS
  • Office Name: EXP Realty LLC
  • Office Phone: (888) 584-9431
  • Office Email: nc.triangle@exprealty.com
  • Listing Agent: William Patrick

IDX Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/8/2025, 12:50:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$420,000

507 Bingham St

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Price information

Property sales

DateEventPrice
Jul 23, 2024
Home Sold
$115,000
Jul 23, 2024
Home Sold
$125,000

Tax history

YearAssessmentProperty Tax
2024$68,700$479
2023$68,700$449
2022$68,700$879
2021$68,700$875
2020$68,700$854
2019$68,700$854
2018$63,836$865
2017$63,836$429

History based on county public records data.

Nearby schools

4

Y.E. Smith Elementary School

Public District PK-5

0.4 mi

2410 E Main St

7

Burton Elementary School

Public Magnet PK-5

0.9 mi

1500 Mathison St

8

R.N. Harris Elementary School

Public Magnet PK-5

0.9 mi

1520 Cooper St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $29,048. The majority of Durham, NC residents have income less than $<35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

53%
<35k
47%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

45%
Single, No Kids
31%
Single, with Kids
11%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
10%
12-17 yrs old
23%
18-34 yrs old
37%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Golden CorralGolden Corral

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Durham, NC

About 507 Bingham St

This home is located at 507 Bingham St in Durham, NC and zip code 27703. Features: 0 bathroom. It has been listed on Rocket Homes since April 7, 2025 and is currently priced at $420,000.

While more than 71 listings in Durham, NC in March 2025 were sold above asking price, there were more than 52 listings sold at asking price, and more than 126 were sold below. The number of listings 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.

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