Excellent investment opportunity in Durham, NC! This spacious 4-bedroom, 3-bath single-family home offers 2,436 sqft of living space on a generous 0.55-acre lot. Priced at $389K with a projected ARV of $550K, the property presents an attractive $161K gross spread for investors pursuing a fix-and-flip strategy. Featuring a 2-car garage, an AC system installed in 2019, recently updated crawlspace ductwork, and a roof with no reported leaks, this property offers strong value-add potential. The generous lot size and functional layout make it an appealing renovation and resale opportunity in the Durham market.
Notes
2-car garage
AC installed in 2019
New ductwork installed in crawlspace before summer
Roof: No reported leaks
14-day seller post-possession
$7,500 post-possession holdback
Vacancy: After post-possession period
Title Company: Becton Law Firm
COE: November 20, 2026
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Comparable Sales
ARV: $550,000
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ARV $550,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $501,000.
