$275,000

518 N Gutherie Ave Durham, NC 27703

$3,266
Closing credit¹
3 beds
2 full
1,793 sqft
0.2 acres
$153 / sqft
House

Property details

About 518 N Gutherie Ave

This 3-bedroom Ranch home with a full Basement, sits on a .24-acre corner lot in a convenient Durham location, offering endless potential for the right buyer. Whether you're an investor looking for ROI potential or a homeowner ready for a renovation overhaul project, this property is a spectacular opportunity. The home, which suffered fire damage in 2008, is in a state of disrepair and will be sold ''as is'' with no repairs, making it an ideal blank slate for creative visionaries. Inside, the open concept Living and Dining Room provides a spacious layout, with hardwood floors in select rooms adding charm. The versatile full Basement offers storage, a Rec Room, Utility Room for the Washer and Dryer, and a full bath. This property presents a great investment opportunity so don't miss your chance to bring this home back to life!

Highlights

Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingHeat Pump, Ceiling Fan(s)
Size1,793 sqft
BasementYes
Lot size0.24 Acres
Year built1949
ParkingDriveway, Gravel
MLS #10087224

Summary

  • MLS Number: 10087224
  • MLS Name: Doorify MLS
  • Office Name: LPT Realty LLC
  • Office Phone: (919) 414-1989
  • Office Email: jayme@acolerealty.com
  • Listing Agent: Angie Cole, Thania Castro Fierro

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: 4/6/2025, 4:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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back of house with stone siding, fence, a yard, and a chimney

$275,000

518 N Gutherie Ave

$3,266

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

4

Y.E. Smith Elementary School

Public District PK-5

0.5 mi

2410 E Main St

5

Eastway Elementary School

Public District PK-5

0.5 mi

610 N Alston Ave

7

Burton Elementary School

Public Magnet PK-5

1.1 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 $17,209. Residents of Durham, NC typically earn less than $<35k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

75%
<35k
25%
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?

54%
Single, No Kids
23%
Single, with Kids
8%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
10%
12-17 yrs old
29%
18-34 yrs old
36%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • UFCUFC
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Big LotsBig Lots

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • DodgeDodge
  • BuickBuick
  • 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 518 N Gutherie Ave

This home is located at 518 N Gutherie Ave in Durham, NC and zip code 27703 in the Old East Durham neighborhood. This 1,793 square foot home, which was built in 1949, sits on a 0.24 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $275,000.

In March 2025 more than 71 listings in Durham, NC were sold above the asking price. During the same period more than 52 listings were sold at asking price, while 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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