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    Craftsman Live-Work Bungalow Title is generated by Realmo AI

    1814 Chapel Hill Road Unit 1814, Durham, NC 27707

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    Claim this Listing
    For Sale
    $499,500

    A 1930s craftsman bungalow with flexible live/work layout and multiple interior rooms that can support office or institutional use.

    Type:Office
    Property size:
    1,922 SF
    Price / SF:
    $259/SF
    Added:
    May 26, 2026
    Days on Market:
    21
    Last Refresh:
    Jun 15 at 3:01 am

    Property Features for 1814 Chapel Hill Road Unit 1814

    General Information

    Standard status
    Active
    Size
    1,922 SF
    Property subtype
    Office

    Building Details

    Year Built
    1938

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    Listing Contact
    Lisa Janes

    Listing agent Lisa Janes

    Listing office Weichert, Realtors-Mark Thomas

    Listing date May 26, 2026

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Weichert, Realtors-Mark Thomas

    HighLights

    • 1938 craftsman bungalow in Durham’s Office/Institutional (OI), Urban Tier district
    • Flexible interior layout with front parlor featuring a fireplace, plus separate dining room and breakfast room
    • Central air conditioning with heating listed as 3
    • German‑board wood siding; newer roof, gutters, and water heater
    • Unfinished, walk‑out basement with concrete flooring
    • 5 parking spaces plus additional parking around an old detached garage; lot dimensions 68.52' x 199.5' x 69.17' with asphalt/gravel on city road

    Overview

    This 1930s Craftsman-style bungalow is designed for live in and work in, with a rambling flower garden entry and a large rocking-chair front porch. Inside, the home offers a front parlor with a fireplace and a separate dining room, along with a sunny breakfast room featuring a wall of windows for natural light. Exterior features include German-board wood siding, and updates are noted with a newer roof, gutters, and water heater. The property also includes an unfinished, walk-out basement with concrete flooring, providing additional storage and potential workspace flexibility. Parking is handled around the old, detached garage building out back.

    The property is located in Durham’s Office/Institutional, Urban Tier district on Chapel Hill Road (Unit 1814). Public remarks indicate it is less than a block to Lakewood Social Restaurant, with Lakewood YMCA, Duke University, Durham Performing Arts Center, Durham Bulls Ballpark, and additional restaurants, shopping, and places of worship within minutes.

    For tenant or owner-occupant use, the combination of dedicated rooms (including a fireplace parlor and separate dining room) and the unfinished walk-out basement supports a range of office or institutional-style configurations while maintaining a residential character. The existing parking setup around the detached garage can be helpful for staff, visitors, or clients accessing the property.

    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 (±1% cap)
    NOI $29,683 @ 7.0% cap · market cap 5.94%
    Second Best
    Mixed Use
    $370.7K
    $324.3K – $432.5K (±1% cap)
    NOI $25,947 @ 7.0% cap · market cap 5.19%
    Theoretical Best
    Office A
    $620.6K
    $543.1K – $724.1K (±1% cap)
    NOI $43,444 @ 7.0% cap · market cap 8.70%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Bridges Edward MD Physician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.9248148
    Latitude
    35.989848

    FAQs

    What type of property is this?
    Live-work space - A 1930s craftsman bungalow with flexible live/work layout and multiple interior rooms that can support office or institutional use.
    Where is this live-work space located?
    The property is located at 1814 Chapel Hill Road Unit 1814 Durham, NC.
    What is the asking price?
    The asking price for this property is $499,500.
    What are key features of this property?
    This property features: 1938 craftsman bungalow in Durham’s Office/Institutional (OI), Urban Tier district; Flexible interior layout with front parlor featuring a fireplace, plus separate dining room and breakfast room; Central air conditioning with heating listed as 3
    More about this property
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