1814 Chapel Hill, Durham, NC 27707
Craftsman-style home with office-ready interiors, a fireplace front parlor, and flexible outdoor parking behind a detached garage.
- 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
Listing agent LISA JANES
Listing office WEICHERT, REALTORS-MARK THOMAS (919) 403-5315
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.9209139
- Latitude
- 35.9969949