1814 Chapel Hill Road Unit 1814, Durham, NC 27707
A 1930s craftsman bungalow with flexible live/work layout and multiple interior rooms that can support office or institutional use.
- 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
Listing agent Lisa Janes (919) 423-3463
Listing office Weichert, Realtors-Mark Thomas (919) 423-3463
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.9248148
- Latitude
- 35.989848