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Durham Land Building Opportunity
For Sale
$250,000

516 N Maple & 517 Spruce Street, Durham, NC 27703

LAND - Durham, NC

Property SizeContact for details
Lot Size0.18 Acres
Days on Market123

Property Features for 516 N Maple & 517 Spruce Street

General Information

Property type Land
Property subtype Other
Zoning R-3
Vegetation Cleared
Subdivision Not in a Subdivision
Lot features City Lot, Cleared, Interior Lot, Rectangular Lot, Subdivided, Curb/ Gutter, Sidewalks
Elementary school Durham - Eastway Elementary
Middle school Durham - Durham School of the Arts
High school Durham - Northern High
Standard status Active
APN 237339 & 237340
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Prop-516 N Maple St/Tr#01 & #02 Pl:209-241
Tax Annual Amount 1768
Legal Description Prop-516 N Maple St/Tr#01 & #02 Pl:209-241

Utilities

Utilities Water Available
Sewer type Public Sewer
Water source Public
Listing Agency: Compass -- Raleigh
Listed By: Martin Verdi · License #335125
Added: Apr 28 Changed: Jun 9 Last Checked: Aug 28 at 9:06AM
MLS# 10163204

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located in Durham, North Carolina, 516 N Maple St and 517 Spruce St are two adjacent parcels being sold together. This presents an incredible building opportunity to construct two separate dwellings, one on each lot. Alternatively, the lots can be combined to create a single home with double frontage and dual street access. The plans and permits have been fully approved by the City of Durham. The combined lot size is 0.18 acres. The property is zoned R-3. The location is central, just minutes from Downtown Durham, with easy access to freeways, shopping, dining, parks, and entertainment.

Key Highlights

  • Fully approved plans and permits by the City of Durham.
  • Two adjacent parcels being sold together.
  • Opportunity to build two separate dwellings or combine for a single home.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Bakery (Bike/Boat/Book/etc) Store Law Firm Home Appliance Store Acupuncture

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?
Land - Two adjacent parcels for sale in Durham, North Carolina.
Where is this land located?
The property is located at 516 N Maple & 517 Spruce Street Durham, NC.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Fully approved plans and permits by the City of Durham.; Two adjacent parcels being sold together.; Opportunity to build two separate dwellings or combine for a single home.
More about this property
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