$555,000

507 Canal St Durham, NC 27701

$6,591
Closing credit¹
3 beds
2 full, 1 partial
1,548 sqft
0.2 acres
$359 / sqft
House

Property details

About 507 Canal St

Urban living never looked so good in a bungalow. Tucked into the lively, walkable Cleveland-Holloway neighborhood, this 2016 gem was built by Durham Building Company and pairs modern updates with classic Craftsman touches. Think cozy porch swings, unique design details, and brunch spots just around the corner. Inside, you'll find granite countertops and a rich cocoa-colored tile backsplash in the kitchen, while a mudroom-style nook with cubbies and hooks keeps everything organized. The living room features gas logs and a clever pivoting TV mount that tucks away discreetly around the fireplace. The main level primary suite features a spacious closet, and its en-suite bath is accessed through a salvaged door repurposed from a former downtown office building. The fully fenced backyard offers plenty of space to relax, complete with a deck, patio, and even a baby blueberry bush. Out front, the porch swing will become your favorite spot, perfect for unwinding and saying hello to neighbors passing by. Living here means all your downtown favorites are just a walk away--no need to worry about finding parking! Enjoy brunch at Little Bull, grab a drink at The Velvet Hippo, catch a show at DPAC, or visit the Durham Bulls stadium--all just a stroll from your front door. With a welcoming neighborhood vibe and an unbeatable location, this home provides easy access to the heart of downtown Durham. The only thing missing? You, a good book, and that porch swing.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,548 sqft
Lot size0.16 Acres
Year built2016
ParkingConcrete, Driveway
MLS #10091367
FireplaceGas Log, Living Room

Summary

  • MLS Number: 10091367
  • MLS Name: Doorify MLS
  • Office Name: Inhabit Real Estate
  • Office Phone: (919) 808-4549
  • Listing Agent: Candace S Jones

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: 4/27/2025, 7:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with a ceiling fan, a shingled roof, covered porch, fence, and a front yard

$555,000

507 Canal St

$6,591

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 10, 2016
Home Sold
$289,000
Feb 24, 2016
Home Sold
$40,000
Dec 29, 2014
Home Sold
$38,500
Dec 29, 2014
Home Sold
$38,500
Aug 07, 2007
Home Sold
$55,000
Jan 08, 2007
Home Sold
$22,000

Tax history

YearAssessmentProperty Tax
2024$336,018$4,687
2023$336,018$4,401
2022$336,018$4,300
2021$336,018$4,280
2020$336,018$4,179
2019$336,018$4,179
2018$298,264$4,045
2017$298,264$4,016

History based on county public records data.

Nearby schools

5

Eastway Elementary School

Public District PK-5

0.6 mi

610 N Alston Ave

8

George Watts Elementary School

Public Magnet KG-5

1.3 mi

700 Watts St

7

Burton Elementary School

Public Magnet PK-5

1.4 mi

1500 Mathison 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 $14,566. Residents of Durham, NC typically earn less than $<35k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

73%
<35k
25%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

60%
Single, No Kids
23%
Single, with Kids
10%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
40%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 507 Canal St

This home is located at 507 Canal St in Durham, NC and zip code 27701 in the Cleveland-Holloway neighborhood. This 1,548 square foot home, which was built in 2016, sits on a 0.16 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $555,000.

In March 2025, from all listings sold in Durham, NC there were more than 71 sold above asking price, over 126 sold below and more than 52 were sold right at the asked price. The number of homes for sale in Durham, NC increased by 15.5% between February and March 2025. In March 2025 median list price was $425,000 and the average listing age was 42 days.

From Rocket Homes Real Estate and based on county public records data.

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