Description
Unbeatable investment opportunity: downtown Durham infill lot priced at a fraction of the tax value! This buildable lot represents an unmatched entry point into a hot market, offering immediate equity you won't find anywhere else in the city center. The hard work is already done: a fully approved driveway variance that perfectly aligns city ordinances with NCDOT turnaround requirements, and a 100% completed and paid for riparian buffer impact approvals. (See docs for survey and potential plans). Positioned directly adjacent to a proven $529,500 new-construction home at 606 E Greer St, this lot is ready for a premium single family infill build via a standard administrative sewer exception, or a duplex density play through a City Council Utility Extension Agreement (UEA). Seller is tied up with other projects and wants to sell-make us an offer!
Details
| MLS # | 10198366 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 29 |
| Listing Provided By | Julie Wright Realty Group LLC | Mary Ammons |
Features
| Zoning | single family |
|---|---|
| Acreage | 0.23 |
Exterior
| Lot Features | See Remarks, Wooded |
|---|---|
| Community Features | Suburban |
Location
| Community Features | Suburban |
|---|
Utilities
| Utilities | Cable Connected, Electricity Available, Natural Gas Available, Sewer Not Available, Water Available |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Assessed Value | 77836 |
|---|---|
| Tax Legal Description | Lot 3 BLK 15 T E Cheek |
| Tax Year | 2025 |
Area Information
| State | NC |
|---|---|
| County | Durham |
| City | Durham |
| Zip Code | 27701 |
| Area | Durham |
| Community Name | T E Cheek |
| School District | Durham - Riverside High |
| Elementary School | Durham - Eastway Elementary |
| High School | Durham - Riverside High |
| Listing VS Median (in T E Cheek) | |
Price: $44,900 low | high Med: $0 On site: 29 low | high Med: | |
Market Activity 27701
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Learn More About This Property
| State | NC |
|---|---|
| County | Durham |
| City | Durham |
| Zip Code | 27701 |
| Area | Durham |
| Community Name | T E Cheek |
| School District | Durham - Riverside High |
| Elementary School | Durham - Eastway Elementary |
| High School | Durham - Riverside High |
| Listing VS Median (in T E Cheek) | |
Price: $44,900 low | high Med: $0 On site: 29 low | high Med: | |