$350,000
 $1,879 est/mo Sourced by Back At You

111 Spring Street,Durham, NC 27703

Durham, NC 27703

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Description

BUILDERS & INVESTORS - MULTIPLE-UNIT POTENTIAL MINUTES FROM RTP & RDU. Nearly 1/2 acre with a survey showing potential for multiple units and the possibility of creating smaller lots, subject to applicable approvals. Water and sewer are available at the street, and the fairly level topography makes this an unusually compelling development opportunity in a highly convenient Triangle location. Located just minutes from Research Triangle Park and RDU International Airport, this property combines location, utility access, usable land, and development potential in one package. Whether you're looking to build multiple homes, create an investment project, or secure land in one of the Triangle's most strategically located areas, 111 Spring Street deserves a serious look. Survey attached. Multiple-unit potential. Water and sewer available. Nearly 1/2 acre. Minutes from RTP and RDU. Opportunities with this combination of location and development potential are difficult to duplicate. Contact the listing agent for survey details and additional information.

Details

MLS #10193283
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site11
Listing Provided ByHomeSmart | Steven Elliot

Features

ZoningR-5
Acreage0.49

Utilities

UtilitiesElectricity Available, Sewer Available, Water Available
SewerPublic Sewer

Taxes

Tax Assessed Value104300
Tax Legal DescriptionAreys Spring Prk/Blk:C/Lt #13-16 Incl Pl:000006-000108
Tax Year2026

Area Information

StateNC
CountyDurham
CityDurham
Zip Code27703
AreaDurham
Community NameNot in a Subdivision
School DistrictDurham - Southern School of Ener
Elementary SchoolDurham - Bethesda Elementary
High SchoolDurham - Southern School of Ener
Listing VS Median (in Not in a Subdivision)
Price:
$350,000
low | high
Med:
$379,000
41.714285714286% of Average
On site:
11
low | high
Med:
34
32.352941176471% of Average
Sourced by Back At You

Market Activity 27703

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Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.

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Learn More About This Property

StateNC
CountyDurham
CityDurham
Zip Code27703
AreaDurham
Community NameNot in a Subdivision
School DistrictDurham - Southern School of Ener
Elementary SchoolDurham - Bethesda Elementary
High SchoolDurham - Southern School of Ener
Listing VS Median (in Not in a Subdivision)
Price:
$350,000
low | high
Med:
$379,000
41.714285714286% of Average
On site:
11
low | high
Med:
34
32.352941176471% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $262K - $437K
sqft: 0 - 0
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Listing Updated: September 17, 2026 at 12:42:32 PM PDT