Individually Owned Property summary
This exceptional opportunity presents a brand-new, three-unit apartment building in Durham, North Carolina's desirable Watts-Hillandale Historic Neighborhood. Completed in October 2024, this Class A property boasts 6,281 square feet of total space, with 5,181 square feet of net rentable area. Each of the three units offers 1,727 square feet of luxurious living space, featuring three bedrooms and two bathrooms. High-end finishes include gleaming hardwood floors, soaring ceilings, expansive… windows, and spacious open floor plans seamlessly blending kitchen, dining, and living areas. Two units include private balconies overlooking the charming streetscape. The kitchens are equipped with attractive appliances, craftsman cabinetry, and granite countertops. Each unit also includes a large main suite with a spa-like ensuite bathroom complete with a walk-in shower, dual vanities, and a substantial owner's closet. Additional amenities include in-unit laundry, off-street parking, sprinkler and fire alarm systems, and ample dedicated storage on the fourth floor. The building sits on a 0.16-acre lot and is zoned OI. This is a rare chance to acquire a turnkey investment property in a highly sought-after area, close to Duke University and a variety of shops, parks, businesses, and restaurants. The asking price is $1,860,000, or $620,000 per unit, with a price per square foot of $296.13.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar in This City for Sale
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,982 SF
- Lot area
- 0.16 ac
- Year built
- 1915
- Stories
- 2
- APN
- 100792
- Zoning
- OI
- Assessed value · 2024
- $121,042
- Annual tax · 2024
- $1,688
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The OI District is established for employment and community service activities. Some support facilities and residential uses are also allowed when compatible with surrounding uses. The OI district is designed for use on…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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