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    1923 Holloway St Durham, NC 27703

    Sponsored
    For Sale
    $265,000

    Two-unit property near Duke University.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional investment opportunity presents two properties located at 1921 and 1923 Holloway Street in Durham, North Carolina, being sold together as a package deal for $265,000. The combined properties sit on a 0.21-acre lot and are currently used as residential units. This prime location offers unparalleled convenience, situated just minutes from the prestigious Duke University and the vibrant Downtown Durham area. The properties are currently occupied, therefore, showings are unavailable due to existing tenant agreements and the current condition of the properties. This presents a unique opportunity for investors to acquire a well-positioned asset with significant potential. Further information regarding planned improvements to Route 3 Wellons Village can be found via the NCDOT GO Durham Project #U3308. This project may positively impact the value and desirability of the properties in the future. The square footage of the properties is not currently available. Serious inquiries only. This is a rare chance to acquire a duplex in a high-demand area with strong potential for future appreciation. The sale includes both properties at 1921 and 1923 Holloway Street.

    Property Features for 1923 Holloway St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    9,148 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.86723
    Latitude
    35.99249

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    FAQs

    What type of property is this?
    Commercial real estate - Two-unit property near Duke University.
    Where is this commercial real estate located?
    The property is located at 1923 Holloway St Durham, NC.
    What is the asking price?
    The asking price for this property is $265,000.
    (919) 772-7240
    Request Owner's contact information
    1923 Holloway St Durham, NC 27703
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    Durham, NC 27703
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1923 Holloway St Durham, NC 27703
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