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Adjacent Double-Lot Residential Development
For Sale
$319,000

516 North Maple Street, Durham, NC 27703

Two adjacent residential lots are being sold together with fully approved plans for building.

Property SizeContact for details
Days on Market125

Property Features for 516 North Maple Street

General Information

Standard status Active
Property subtype Land / Unimproved Land

Taxes and HOA fees

Annual Taxes $1,768

Amenities

Electricity Available, Sewer Available, Sewer Connected, Water Available, Water Connected
No
Listing Agency: Compass
Listed By: Martin Verdi · License #335125
Source: Compass
Added: Apr 19 Changed: Aug 8 Last Checked: May 8 at 5:55AM

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 Compass

Investment Insights

Based on property information with market context.

This listing offers a strong residential building opportunity through the sale of two adjacent parcels: 516 N Maple St and 517 Spruce St. The lots may be developed as two separate dwellings, with one home on each parcel, or combined into a single home with double frontage and dual street access.

City of Durham plans and permits have been fully approved, providing an established path forward for development. The property is centrally located in Durham, just minutes from Downtown Durham, with easy access to freeways and nearby shopping, dining, parks, and entertainment.

Offered as a combined parcel configuration, the site supports flexible layout planning based on whether you pursue a two-home setup or a single residence across both lots.

Key Highlights

  • Two adjacent residential parcels at 516 N Maple St and 517 Spruce St are being sold together.
  • Fully approved plans and permits by the City of Durham are included for the proposed building project.
  • Build two separate dwellings—one on each lot—or combine the lots for one home.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Carpet & Flooring Store (Bike/Boat/Book/etc) Store Home Appliance Store Acupuncture Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

618
Businesses Nearby

Demographics for 27703, NC

61,539
Population
27,122
Households
2.3
Avg Household Size
36
Median Age
45%
College-Educated
88%
High-School Grad
49.1 sq mi
ZIP Area
1,253
Density / Sq Mi
$86,953
Median Household Income
$51,462
Median Earnings
$1,469
Median Rent
$340,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two adjacent residential lots are being sold together with fully approved plans for building.
Where is this residential land & home lot located?
The property is located at 516 North Maple Street Durham, NC.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Two adjacent residential parcels at 516 N Maple St and 517 Spruce St are being sold together.; Fully approved plans and permits by the City of Durham are included for the proposed building project.; Build two separate dwellings—one on each lot—or combine the lots for one home.
More about this property
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