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    Live-Work Craftsman Bungalow Title is generated by Realmo AI

    1814 Chapel Hill, Durham, NC 27707

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    Claim this Listing
    For Sale
    $499,500

    Craftsman-style home with office-ready interiors, a fireplace front parlor, and flexible outdoor parking behind a detached garage.

    Type:Commercial
    Property size:
    1,922 SF
    Price / SF:
    $259/SF
    Added:
    Jun 5, 2026
    Days on Market:
    14
    Last Refresh:
    Jun 17 at 2:06 am

    Property Features for 1814 Chapel Hill

    General Information

    Standard status
    Active
    Size
    1,922 SF
    Property subtype
    Commercial

    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 Jun 5, 2026

    Source Corcoran

    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‑style bungalow with office‑ready interiors in Durham’s Office/Institutional, Urban Tier district
    • Front parlor with fireplace plus a separate dining room
    • Sunny breakfast room with a wall of windows for natural light
    • German‑board wood siding; newer roof, gutters, and water heater
    • Unfinished walk‑out basement with concrete flooring
    • Additional parking around the old detached garage building out back

    Overview

    This 1930s Craftsman-style bungalow offers a live-and-work layout with character-forward interior spaces. The home includes a front parlor with fireplace, a separate dining room, and a sunny breakfast room with a wall of windows. German-board wood siding and a newer roof, gutters, and water heater support the property’s ongoing use. An unfinished, walk-out basement with concrete flooring provides additional storage or workspace potential. Outdoor space includes a large front porch and a rambling flower garden, with additional parking tucked around an older, detached garage building out back.

    The property is located in Durham’s Office/Institutional, Urban Tier district. It is less than a block from Lakewood Social Restaurant, with several destinations within minutes, including Cocoa Cinnamon, Lakewood YMCA, Duke University, Durham Performing Arts Center, and Durham Bulls Ballpark.

    For tenants, buyers, or operators seeking a small-scale, mixed-use setting, the configuration supports an owner-user workflow with distinct rooms that can function as office, meeting, or client-facing space. The basement and detached-garage area add practicality for storage and back-of-house operations, while the on-site parking supports day-to-day access for staff, clients, and visitors.

    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

    Live-work space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.9209139
    Latitude
    35.9969949

    FAQs

    What type of property is this?
    Live-work space - Craftsman-style home with office-ready interiors, a fireplace front parlor, and flexible outdoor parking behind a detached garage.
    Where is this live-work space located?
    The property is located at 1814 Chapel Hill 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‑style bungalow with office‑ready interiors in Durham’s Office/Institutional, Urban Tier district; Front parlor with fireplace plus a separate dining room; Sunny breakfast room with a wall of windows for natural light
    More about this property
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