MOTIVATED SELLER! Bring all offers! **INVESTOR ALERT in the Heart of Durham!** This charming 3-bedroom, 1-bath bungalow offers endless possibilities for investors and homeowners alike. Currently tenant-occupied at $1,850/month, the property is being successfully operated as a full-time Airbnb with a long, proven history of strong rental performance and consistent income. Keep the current tenant in place and start generating immediate cash flow, continue its use as a short-term or long-term rental, or make it your own personal residence. The fenced backyard provides plenty of space for pets, entertaining, gardening, or simply relaxing outdoors. Ideally situated in a vibrant Durham location, you'll enjoy being within walking distance of popular restaurants, local breweries, and neighborhood parks. Plus, you're just a 4-minute drive from the Durham Performing Arts Center (DPAC) and Durham Bulls Athletic Park. Whether you're looking to expand your investment portfolio or find a home in a highly desirable location, this property offers flexibility, income potential, and exceptional convenience. The possibilities are endless!
| MLS # | 10174850 |
|---|---|
| Listing Type | For Lease |
| Style | House |
| Status | Active |
| Year | 1920 |
| Days On Site | 99 |
| Listing Provided By | Coldwell Banker HPW | Colleen Patricia Pirozzi |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,281 |
| Story(s) | 1 |
| Zoning | R-3 |
| Acreage | 0.11 |
| Interior Features | Ceiling Fan(s) |
|---|---|
| Heating Yes / No | No |
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Fireplace Yes / No | No |
| Laundry Features | Inside, Laundry Room |
| Rooms Total | 1 |
| Exterior Features | Fenced Yard, Rain Gutters |
|---|---|
| Roof | Shingle |
| Foundation Details | Concrete, Crawlspace |
| Construction Materials | Concrete |
| Security Features | Smoke Detector(s) |
| Patio And Porch Features | Covered, Front Porch, Porch |
| Garage Yes / No | No |
|---|
| Sewer | Public Sewer |
|---|
| Tax Assessed Value | 337126 |
|---|---|
| Tax Legal Description | Prop-Harris Joyce/Lt#04 Pl:000000-000000 |
| Tax Year | 2026 |
| Tax Map Number | 04 |
| State | NC |
|---|---|
| County | Durham |
| City | Durham |
| Zip Code | 27701 |
| Area | Durham |
| Community Name | Not in a Subdivision |
| School District | Durham County Schools |
| Elementary School | Durham County Schools |
| High School | Durham County Schools |
| Listing VS Median (in Not in a Subdivision) | |
Price: $395,000 low | high Med: $379,900 sqft: 1,281 low | high Med: 1,422 $ / sqft: $308 low | high Med: $267 On site: 99 low | high Med: 21 | |
| State | NC |
|---|---|
| County | Durham |
| City | Durham |
| Zip Code | 27701 |
| Area | Durham |
| Community Name | Not in a Subdivision |
| School District | Durham County Schools |
| Elementary School | Durham County Schools |
| High School | Durham County Schools |
| Listing VS Median (in Not in a Subdivision) | |
Price: $395,000 low | high Med: $379,900 sqft: 1,281 low | high Med: 1,422 $ / sqft: $308 low | high Med: $267 On site: 99 low | high Med: 21 | |
![]() | $419,000416 Dowd StreetDurham, NC 27701 |
![]() | $249,900507 Dowd StreetDurham, NC 27701 |