Advertise
My dashboard
Property profile

704 15th St Durham, NC 27705

OFF-MARKET
Garden apartment buildings
Saved · see the list in your Dashboard
Property ID
US53-1583048
90,416 SF 3.87 ac Built 2014
Last sale Jul 2015·$54,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$779k
Tax billed · 2024
Assessed value$55.87M
Assessed land$5.20M
Assessed improvement$50.67M
Effective rate1.39%

Value estimate

· Nov 2026
$6.45M
$5.81M – $7.10M
Submarket $/SF estimate$7.84M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$501/SF
Submarket average, outlier-cleaned · 151 recorded sales of this use type
Observed band · Q1–Q3$150 – $1,470

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CD-S1
The Compact Design (CD) District is intended to encouragedevelopmentof appropriate urbanstreetscapeand form through bicycling, pedestrian...
General categoryCOMMERCIAL
JurisdictionDURHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency26.3
Building Supply21.6
Wholesale Shop20.6

Location

704 15th St Durham, NC 27705-3960
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2517 Guess, Durham, NC 27705-3306 $10,000,000 Oct 2022 35,996 SF
20 Morcroft, Durham, NC 27705-5671 $38,000,000 Jun 2020 21,384 SF
2612 Erwin, Durham, NC 27705-3995 $65,000,000 Nov 2019 36,380 SF
2212 Main, Durham, NC 27705 $94,500,000 Jul 2019 26,512 SF
1200 Leon, Durham, NC 27705-3484 $31,958,000 Jul 2019 64,672 SF
1305 Leon, Durham, NC 27705-3483 $31,958,000 Jul 2019 43,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $4,595,000
    84,410 SF
    2116 Frnt St
    GARDEN APT, COURT APT (5+ UNITS)
    2116 Frnt St, Durham, NC 27705-2580
    View Details
  • Value Estimation
    $6,845,000
    63,220 SF
    1125 Morreene Rd
    GARDEN APT, COURT APT (5+ UNITS)
    1125 Morreene Rd, Durham, NC 27705
    View Details
  • Value Estimation
    $3,510,000
    61,173 SF
    806 Lambeth Cir
    GARDEN APT, COURT APT (5+ UNITS)
    806 Lambeth Cir, Durham, NC 27705
    View Details
  • Value Estimation
    $2,835,000
    49,104 SF
    1619 Frst Rd
    GARDEN APT, COURT APT (5+ UNITS)
    1619 Frst Rd, Durham, NC 27705-7605
    View Details
  • Value Estimation
    $2,105,000
    35,888 SF
    851 Louise Cir
    GARDEN APT, COURT APT (5+ UNITS)
    851 Louise Cir, Durham, NC 27705-4487
    View Details
  • Value Estimation
    $3,405,000
    34,800 SF
    1100 Leon St
    GARDEN APT, COURT APT (5+ UNITS)
    1100 Leon St, Durham, NC 27705-3404
    View Details

Similar Nearby for Sale

  • $1,387,000
    6,912 SF
    Four-Duplex Brick Multifamily Package
    The offering combines brick, two-story duplexes with private yards, rear parking, and full residential unit amenities.
    14071413 1407-1413 Clarendon St, Durham, NC 27705
    View Details
  • New
    $1,387,000
    6,912 SF
    Brick Duplex Package
    Two-story buildings offer hardwood floors, central HVAC, fenced yards, and off-street parking.
    1407-1413 Clarendon Street, Durham, NC 27705
    View Details
  • New
    Contact for pricing
    6,912 SF
    Durham Multifamily Investment Opportunity
    Eight-unit multifamily property in Durham's Walltown neighborhood.
    1407 Clarendon Street, Durham, NC 27705
    View Details
  • New
    $559,500
    2,600 SF
    Duplex with Renovated Unit
    One residence features a fireplace, a deck, and a dedicated laundry closet.
    17 Alamo Court, Durham, NC 27705
    View Details
  • New
    $525,000
    2,449 SF
    Two-Unit Cape Cod Duplex
    1937 residential income property with hardwood flooring, electric baseboard heat, and public water and sewer service.
    1000 Broad Street, Durham, NC 27705
    View Details
  • $499,000
    1,979 SF
    Triplex with Historic Character
    Residents pay their own utility costs, and Units A and C have central HVAC.
    1009 Golf Street, Durham, NC 27705
    View Details
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 704 15th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Email to Your Friends
Link copied to clipboard
Separate multiple addresses with a comma
Message sent successfully
Error
Why this one?
Saved
Google sign-in failed. Please try again or use another login method.
Sign Up Successful!
You now have access to more from Realmo!