🔥 Durham, NC. Single family. 3 bed / 2 bath. 1,443 sq ft on 0.32 acres with 2 carports. Sold comps averaging $446K — priced at $280K. That’s $166K below market. 🤝
💰 Asking: $280,000 | Comp Average: ~$446,500 | 🔥 Spread: ~$166,500
| Type | Single Family Residence |
| Bedrooms / Baths | 3 bed / 2 bath |
| Living Area | 1,443 sq ft |
| Year Built | 1940 |
| Lot Size | 0.32 Acres |
| Garage | 2 Carports |
| Occupancy at Closing | ✅ Will be vacant at closing |
| Closing Date | April 14, 2026 |
| Closing Attorney | Atlas Orange |
Comparable Sales
| Address | Sq Ft | Sale Price | Price/Sq Ft | Notes |
|---|---|---|---|---|
| 1814 Glendale Ave | 1,411 | $585,000 | $415/sq ft | Sold Oct 2025 |
| 2702 Richwood Rd | 1,407 | $435,000 | $309/sq ft | Sold May 2025 |
| 2611 Newport Dr | 1,310 | $411,000 | $314/sq ft | Sold Apr 2025 |
| 2407 Cascadilla St | 1,170 | $405,000 | $346/sq ft | Sold Mar 2025 |
| 212 E Rockway St | 1,310 | $396,500 | $303/sq ft | Sold Jun 2025 |
| Comp Average (sold) | ~1,322 | ~$446,500 | ~$337/sq ft | |
| 🏷️ Our Price | 1,443 | $280,000 | $194/sq ft | |
| 💸 Your Spread | ~$166,500 |
💡 The Angle
At $194/sq ft, this property is priced at roughly 57% of what comps are selling for in the area. Every single comp sold between $303–$415/sq ft — and the subject is larger than all five of them at 1,443 sq ft. That’s a significant equity play for any investor willing to put in the work. Durham’s north side continues to see strong demand from both owner-occupants and investors, and this price point creates meaningful room for a fix-and-flip or value-add rental strategy.
⚠️ DISCLAIMER — Please Read Before Submitting an Offer
📋 Assignment of Contract
This is an assignment of contract. A legally binding purchase agreement with a memorandum has been executed with the Seller, granting this company exclusive rights to purchase the property. We are not brokers or realtors and do not represent the owner.
🚫 Do not contact the Seller directly. Any attempt to contact, interfere with, or circumvent our active contract will result in legal action. This property is not to be re-marketed without our explicit written consent and execution of a joint venture agreement.
🔍 Due Diligence
Buyers are responsible for their own due diligence. We are not licensed agents. Please consult appropriate legal or professional counsel before submitting an offer.
💰 Offer & Deposit Terms
- $5,000 non-refundable deposit due within 24 hours of signing
- Closing no longer than 30 calendar days
- Buyer pays all closing costs — not included in asking price
- Taxes prorated and split between parties
- Closing through our closing attorney
🏚️ As-Is Terms
Property is offered as-is, where-is, no warranties. By submitting an offer you accept these terms.
- ❌ No repairs or improvements prior to closing
- ❌ No clean-out or clean-up of any kind
- ❌ Property will not be broom clean at closing
🤝 Realtors & Wholesalers
The wholesale price does not include your commission or fee. You may either negotiate your fee directly with your client or adjust the wholesale price upward to account for it. If you’d like to be compensated by us, include those terms in your offer or reach out before submitting.