Description
Multifamily assemblage ideally located off of Hillandale Rd. and less than 2 miles from Duke University, Whole Foods, Harris Teeter, Costco, Walgreens, many restaurants and convenient to all parts of the Research Triangle via I-85, 15-501, and Durham Freeway. This unique assemblage is comprised of 4 parcels, with 2 existing homes and 2 vacant lots with Public water and sewer already on site. This is a rare opportunity for a developer, builder or investor. Retain the existing homes to live in or rent while developing the vacant lots. Or reimagine the property and develop as an apartment or townhome community. Sellers will entertain offers on standard form 580L-T with proof of funds. Contact listing agent with questions.
Details
| MLS # | 10198893 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 30 |
| Listing Provided By | Pickett-Sprouse Commercial RE | William Yeager |
Features
| Zoning | RU-5 |
|---|---|
| Acreage | 1.84 |
| Golf Course | Yes |
Exterior
| Lot Features | Cul-De-Sac, City Lot, Level, Near Golf Course, Near Public Transit, Private |
|---|
Utilities
| Utilities | Cable Connected, Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Assessed Value | 1060331 |
|---|---|
| Tax Legal Description | See deed |
| Tax Year | 2026 |
Area Information
| State | NC |
|---|---|
| County | Durham |
| City | Durham |
| Zip Code | 27705 |
| Area | Durham |
| Community Name | Not in a Subdivision |
| School District | Durham - Riverside High |
| Elementary School | Durham - Hillandale Elementary |
| High School | Durham - Riverside High |
| Listing VS Median (in Not in a Subdivision) | |
Price: $1,960,000 low | high Med: $308,000 On site: 30 low | high Med: 16 | |
Market Activity 27705
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Learn More About This Property
| State | NC |
|---|---|
| County | Durham |
| City | Durham |
| Zip Code | 27705 |
| Area | Durham |
| Community Name | Not in a Subdivision |
| School District | Durham - Riverside High |
| Elementary School | Durham - Hillandale Elementary |
| High School | Durham - Riverside High |
| Listing VS Median (in Not in a Subdivision) | |
Price: $1,960,000 low | high Med: $308,000 On site: 30 low | high Med: 16 | |