New Construction
For Sale
$689,800
Pending
320 Gray Ave, Durham, NC 27701
Two-unit income property with contemporary interiors, landscaped grounds, and pedestrian access to Durham dining and entertainment destinations.
Property Size1,846 SF
Days on Market84
Property Features for 320 Gray Ave
General Information
Standard status
Pending
Size
1,846 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,925
Building Details
Buildings
1
Construction
contemporary
Listing Agency:
Calculus Commercial
(267) 535-0342
Listed By:
Garry Cutright · License #NC293811
(267) 535-0342
Source:
Exprealty
Added: Jun 9
Changed: Aug 30
Last Checked: Aug 30 at 1:21PM
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 Calculus Commercial
Investment Insights
Based on property information with market context.
Completed as new construction, this duplex contains two 923-square-foot residences with contemporary layouts and durable interior finishes. White Oak engineered hardwood flooring runs throughout each unit, while the kitchens include soft-close cabinetry, granite countertops, tile backsplashes, stainless steel undermount sinks, recessed-shelf pantry storage, and eat-in islands. First-floor ceilings measure 10 + feet, with 9-foot ceilings on the second floor. Cement fiber siding, single-hung windows with removable screens, and a landscaped yard complete the exterior improvements on a flat lot.
The property is at 320 Gray Ave in Durham’s Old Five Points neighborhood, between Cleveland Holloway and Old North Durham. Durham Farmers’ Market, Durham Food Hall, Major Bull Plaza, and the Central Park dining and entertainment corridor are accessible on foot or by bicycle. The site also offers access to American Tobacco Underground, DBAP, the American Tobacco Complex, DPAC, Durham Athletic Park, Duke University, and Duke University Medical Center.
The property is at 320 Gray Ave in Durham’s Old Five Points neighborhood, between Cleveland Holloway and Old North Durham. Durham Farmers’ Market, Durham Food Hall, Major Bull Plaza, and the Central Park dining and entertainment corridor are accessible on foot or by bicycle. The site also offers access to American Tobacco Underground, DBAP, the American Tobacco Complex, DPAC, Durham Athletic Park, Duke University, and Duke University Medical Center.
Key Highlights
- Two 923 sq. ft. units, totaling 1,846 sq. ft.
- New construction duplex at 320 Gray Ave, Durham, NC
- White Oak engineered hardwood flooring throughout both units
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,809
Businesses Nearby
Explore this area
Business Placement
Demographics for 27701, NC
25,208
Population
13,409
Households
1.9
Avg Household Size
34
Median Age
50%
College-Educated
85%
High-School Grad
5.2 sq mi
ZIP Area
4,848
Density / Sq Mi
$66,852
Median Household Income
$47,681
Median Earnings
$1,279
Median Rent
$457,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit income property with contemporary interiors, landscaped grounds, and pedestrian access to Durham dining and entertainment destinations.
Where is this duplex located?
The property is located at 320 Gray Ave Durham, NC.
What is the asking price?
The asking price for this property is $689,800.
What are key features of this property?
This property features: Two 923 sq. ft. units, totaling 1,846 sq. ft.; New construction duplex at 320 Gray Ave, Durham, NC; White Oak engineered hardwood flooring throughout both units
