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About This Home
This 2-bedroom, 1-bathroom single family at 2718 Thelma Street in Durham, NC is listed for $199,000 ($264 per sqft). Built in 1967, the home offers 754 sqft of living space on a 0.19 acres lot.
Prime investment opportunity in an up-and-coming area of Durham near the Animal Protection Society of Durham. 8 minutes to DPAC and Durham Bulls Athletic Park, 20 minutes to Southport Mall or RDU Airport. Well-suited for investors seeking a long-term rental or future value appreciation in a neighborhood benefiting from continued growth and nearby improvements.
The home and lot provide solid fundamentals that support multiple investment approaches. Sold as-is. Pricing reflects current condition and market opportunity. Convenient access to downtown Durham, major roadways, and surrounding redevelopment areas adds to its long-term appeal. Opportunities like this in transitioning Durham neighborhoods are becoming increasingly hard to find. The home next door at 2720 Thelma Street is also available, creating an attractive option for portfolio-minded buyers.
Key Features
- Built in 1967
- 0.19 acre lot
Property Details
Amenities
Monthly Cost Estimate
$1,064/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2718 Thelma Street
Durham, NC 27704
Bailey Thomas
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 1-bathroom single family at 2718 Thelma Street is listed at $199,000 ($264/sqft). The estimated monthly payment is $862 based on 20% down at 6.5% interest.
Key features include: Built in 1967, 0.19 acre lot. Exterior Features: Awning(s).
This property is listed by Richard Burghgraef and can be reached at 3124988340 or richburghgraef@gmail.com.
