Craftsman Live-Work
1814 Chapel Hill Road Durham, NC 27707
1814 Chapel Hill Road, Durham, NC, 27707
$496,000
For Sale
$496,000
COMMERCIAL - Durham, NC
Property Size1,922 SF
Lot Size0.30 Acres
Price / SF$258.06
Days on Market51
Property Features for 1814 Chapel Hill Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- OI, Urban Tier
- Bathrooms
- 3
- Rooms
- Basement, Bathroom 1, Bathroom 2, Bathroom 3
- Parking
- 5
- Vegetation
- Cleared
- Interior features
- Bathtub/Shower Combination, Laminate Counters
- Exterior features
- Rain Gutters
- Fencing
- Gate
- Basement
- Walk-Out Access, Dirt Floor, Unfinished, Interior Entry, Concrete
- Appliances
- Dishwasher, Electric Water Heater, Free-Standing Gas Range, Free-Standing Refrigerator
- Standard status
- Active
- APN
- 108485
- Size
- 1,922 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Prop-Vickers W D/Lt#02 Pl:000011-000019
- Tax Annual Amount
- 4838
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1938
- Floors in Building
- 2
- Flooring type
- Vinyl, Hardwood, Carpet, Tile
- Building materials
- Wood Siding
- Roof type
- Shingle
Listing agency
Weichert, Realtors-Mark Thomas
(919) 403-5315
Listed by
Lisa Janes
(919) 423-3463
Added: Jun 1 Updated: Jul 18 at 12:01AM Checked: Jul 21 at 8:06AM
MLS# 10172171
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Set on about 0.3 acres, this 1930s Craftsman-style live-work bungalow features a front parlor with fireplace, a separate dining room, and a sunny breakfast room with a wall of windows. Exterior details include German-board wood siding, with newer roof, gutters, and water heater. An unfinished walk-out basement with concrete flooring adds usable storage or flex space. Additional parking is tucked around an old, detached garage building out back.
The property is located in Durham’s Office/Institutional, Urban Tier district (zoning: OI, Urban Tier). It is less than a block to Lakewood Social Restaurant, with access to nearby amenities including Cocoa Cinnimon, Lakewood YMCA, Duke University, Durham Performing Arts Center, Durham Bulls Ballpark, restaurants, shopping, and places of worship.
The property is located in Durham’s Office/Institutional, Urban Tier district (zoning: OI, Urban Tier). It is less than a block to Lakewood Social Restaurant, with access to nearby amenities including Cocoa Cinnimon, Lakewood YMCA, Duke University, Durham Performing Arts Center, Durham Bulls Ballpark, restaurants, shopping, and places of worship.
Key Highlights
- 1938 Craftsman‑style bungalow with German‑board wood siding and shingle roof
- Front porch plus a front parlor with fireplace and separate dining room
- Sunny breakfast room with a wall of windows for natural light
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.0k | $24.96 |
| − Vacancy | −$8.4k | −$4.37 |
| EGI | $39.6k | $20.59 |
| − OpEx | −$9.9k | −$5.15 |
| NOI | $29.7k | $15.44 |
1,922 SF · lease $24.96/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$424.0K
$371.0K – $494.7K
NOI $29,683 @ 7.0% cap · market cap 5.98%
Second Best
Mixed Use
$370.7K
$324.3K – $432.5K
NOI $25,947 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$620.6K
$543.1K – $724.1K
NOI $43,444 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bridges Edward MD
Physician
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FAQs
What type of property is this?
Live-work space - 1930s bungalow with office-institutional live-work potential, fireplace parlor, separate dining, and an unfinished walk-out basement.
Where is this live-work space located?
The property is located at 1814 Chapel Hill Road Durham, NC.
What is the asking price?
The asking price for this property is $496,000.
What are key features of this property?
This property features: 1938 Craftsman‑style bungalow with German‑board wood siding and shingle roof; Front porch plus a front parlor with fireplace and separate dining room; Sunny breakfast room with a wall of windows for natural light
