Incredible opportunity to own an established income producing property. This wonderful Historic bungalow is a part of the National East Durham Historic District and is possibly eligible for Historic tax Credits! Unit A is vacant for new tenant or owner occupant. Unit B currently rented out for instant cash flow! New roof, 2024. Wonderful historic neighborhood, walk to Old East Durham business district or Golden Belt in mere minutes! Current rent is $795 for Unit B, expires on 4/14/2025. Seller to entertain any and all requests from potential buyer!
Sold for $250,000 on 11/26/24
$250,000
705 N Driver St, Durham, NC 27703
2beds
1,236sqft
Duplex, Multi Family
Built in 1920
-- sqft lot
$242,700 Zestimate®
$202/sqft
$1,404 Estimated rent
Home value
$242,700
$226,000 - $260,000
$1,404/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 18, 2025 at 06:26am
Listed by:
Jeff Goldman 919-909-5400,
Nest Realty of the Triangle
Bought with:
Alex Galindo, 349336
Movil Realty
Source: Doorify MLS,MLS#: 10049481
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other
Cooling
- Window Unit(s)
Features
- Flooring: Other
- Basement: Crawl Space
Interior area
- Total structure area: 1,236
- Total interior livable area: 1,236 sqft
- Finished area above ground: 1,236
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: On Street
- Uncovered spaces: 1
Features
- Levels: One
- Stories: 1
- Has view: Yes
Lot
- Size: 6,969 sqft
Details
- Parcel number: 0831569377
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Duplex, Multi Family
Materials
- Wood Siding
- Foundation: Block, Brick/Mortar
- Roof: Asphalt, Shingle
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Durham
- Subdivision: Not in a Subdivision
Price history
| Date | Event | Price |
|---|---|---|
| 11/26/2024 | Sold | $250,000-9.1%$202/sqft |
Source:  Doorify MLS #10049481 | ||
| 11/12/2024 | Pending sale | $275,000$222/sqft |
Source: Doorify MLS #10049481 | ||
| 8/28/2024 | Listed for sale | $275,000+66.7%$222/sqft |
Source: Doorify MLS #10049481 | ||
| 2/22/2021 | Sold | $165,000+3.2%$133/sqft |
Source: Doorify MLS #2361009 | ||
| 1/19/2021 | Contingent | $159,900$129/sqft |
Source: Doorify MLS #2361009 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,361 +118.8% | $238,173 +207.9% |
| 2024 | $1,079 +6.5% | $77,358 |
| 2023 | $1,013 +2.3% | $77,358 |
Find assessor info on the county website
Neighborhood: Old East Durham
Nearby schools
GreatSchools rating
- 3/10Eastway ElementaryGrades: PK-5Distance: 0.4 mi
- 5/10Neal MiddleGrades: 6-8Distance: 5.5 mi
- 2/10Northern HighGrades: 9-12Distance: 7.3 mi
Schools provided by the listing agent
- Elementary: Durham - Eastway
- Middle: Durham - Neal
- High: Durham - Northern
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$242,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$242,700