$460,000 · DURHAM, NC 27705
Works for flippers · Landlords would lose money

Available

$460,000Asking price

5 bd · 2 ba · 2,449 sq ft · built 1937

DURHAM, NC 27705

No contract on file

via InvestorLift Classic

7 views · listed 6 days ago

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $950,000
Asking price: −$460,000
RepairsThe seller’s figure. Ours: $122,000 – $203,000: −$85,000
Loan, holding, closing20% down, 12% interest, 2 points, 94 days: −$61,033
Profit36.2% of ARV · flippers want 10%+: $343,967
Works

Works for a flipper up to $692,000.

MAXDISPO

Olivia

No reviews yet

Comps

Sales

Rents

ARV $950,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $407,000.

The sales behind this value are shown to members.

ARV $950,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

MAXDISPO

Olivia

No reviews yet

Seller Description

2 Units- 3bed/ 1 bath and 2bed/1 bath total of 5 BED | 2 BATH | 2,449 SQ FT | Located in a great neighborhood in Durham, NC.

SUMMARY

Vacant, livable home on a 6,970 SQ FT lot. Built in 1937, this property offers a solid opportunity in a growing, mixed-use urban neighborhood. No HOA. The house was converted to 2 units, 3bed/ 1 bath and 2bed/1 bath as a rental unit, each with their own enterance. You can keep the 2 units and use one as a MIL suite, guest house or rent for cash flow OR convert it back to a full 5 bedroom, 2 bathroom SFH for a luxury flip.

WHY THIS DEAL STANDS OUT

Strong flip potential in a transitioning neighborhood with ongoing growth. Five bedrooms, a functional layout, and a desirable lot size create an opportunity to modernize and maximize resale value.

REPAIR NOTES AND ESTIMATE

Updates include bathroom renovations, potential interior paint, kitchen modernization, and possible driveway/walkway improvements. Roof is older but has no reported leaks. Some HVAC and water heater components have been updated. Plumbing and electrical are reported in good condition. No known foundation, drywall, water damage, or mold issues.

ACCESS: Contact us today to get access information.

COMPS

1309 MARYLAND AVE, 4 bd | 2.5 ba | 2,883 sqft | 0.24 acres lot | 1941, $1,400,000/ Sold ARV (Aug 25, 2026)

1401 MARYLAND AVE, 3 bd | 2 ba | 2,790 sqft | 0.22 acres lot | 1925, $1,295,000/ Sold ARV (May 17, 2026)

Max Dier

Dispo Hotline:210-870-4512 (Victoria) / 785-701-1411 (Olivia)

MaxDispo.com

DISCLAIMER: Buyer to independently verify all measurements, square footage, property details, condition, repairs, permits, zoning, taxes, title, and other information. All information is deemed reliable but not guaranteed. Property sold as-is.