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Sold for $638,000
  • $638,000

    320 Gray Ave, Durham, NC 27701

    4beds
    1,846sqft
    Duplex, Multi Family
    Built in 2026
    -- sqft lot
    $343,500 Zestimate®
    $346/sqft
    $2,452 Estimated rent

    Home value

    $343,500

    $326,000 - $361,000

    $2,452/mo

    Zestimate® history
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    What's special

    Convenient eat-in islandDurable cement fiber sidingBeautifully appointed kitchenGranite countertopsFlat well-located lotThoughtfully landscaped yardRecessed-shelf pantry storage
    New Construction Duplex positioned in Durham's Old Five Points neighborhood, situated between Cleveland Holloway and Old North Durham. This contemporary Duplex delivers two 923 sq. ft. units with modern layouts designed for today's lifestyle. Each unit is appointed with White Oak engineered hardwood flooring throughout, 10 + foot ceilings on the first floor, 9-foot ceilings on the second. The beautifully appointed kitchen showcases soft-close cabinetry, granite countertops, a tile backsplash, a stainless steel undermount sink, recessed-shelf pantry storage, and a convenient eat-in island. The exterior features durable cement fiber siding, single-hung windows with removable screens, and a thoughtfully landscaped yard— all on a flat, well-located lot. This is a turnkey property ready for an investor owner. Unbeatable walkability: tenants can stroll or bike to the Durham Farmers' Market, Durham Food Hall, Major Bull Plaza, and the Central Park dining & entertainment corridor. Easy access to American Tobacco Underground, DBAP, the American Tobacco Complex, DPAC, Durham Athletic Park, Duke University, and Duke University Medical Center. A prime opportunity for investors looking to enter the market.

    Zillow last checked:

    Listing updated:

    Listed by:

    Garry Cutright 267-535-0342,

    Calculus Commercial,

    Kevin Davis 919-257-1344,

    Calculus Commercial

    Bought with:

    Non Member

    Non Member Office

    Source: Doorify MLS,MLS#: 10172979MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Heating
    • Forced Air, None
    Cooling
    • Central Air
    Appliances
    • Included: Electric Oven, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Water Heater
    • Laundry: Electric Dryer Hookup, In Hall, Laundry Closet, Upper Level
    Features
    • Eat-in Kitchen, Granite Counters, High Ceilings
    • Flooring: Combination, See Remarks
    • Windows: Blinds
    • Has fireplace: No
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,846
    • Total interior livable area: 1,846 sqft
    • Finished area above ground: 1,846
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: On Street, None, Other
    • Details: Street Parking
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Porch
    • Exterior features: Garden, Rain Gutters
    • Fencing: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 4,791 Square Feet
    • Features: City Lot, Flag Lot, See Remarks
    Details
    • Additional structures: None
    • Parcel number: 110251
    • Zoning: RM-20
    • Special conditions: Seller Licensed Real Estate Professional,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Fiber Cement, See Remarks
    • Roof: Shingle
    Condition
    • New construction: Yes
    • Year built: 2026
    • Major remodel year: 2026

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Sewer Connected, Water Connected, Underground Utilities

    Community & HOA

    Community
    • Features: None
    • Subdivision: Not in a Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Durham

    Financial & listing details

    • Price per square foot: $346/sqft
    • Tax assessed value: $194,250
    • Annual tax amount: $1,925
    • Date on market: 6/10/2026

    Price history

    DateEventPrice
    8/21/2026Sold$638,000-7.5%$346/sqft
    Source: Doorify MLS #10172979 Report a problem
    7/18/2026Pending sale$689,800$374/sqft
    Source: Doorify MLS #10172979 Report a problem
    6/25/2026Price change$689,800-4.2%$374/sqft
    Source: Doorify MLS #10172979 Report a problem
    6/10/2026Listed for sale$719,900+3499.5%$390/sqft
    Source: Doorify MLS #10172979 Report a problem
    7/19/2016Sold$20,000+81.8%$11/sqft
    Source: Public Record Report a problem
    9/17/2009Sold$11,000-73.4%$6/sqft
    Source: Public Record Report a problem
    6/24/2009Sold$41,400-58.6%$22/sqft
    Source: Public Record Report a problem
    3/22/2007Sold$100,000+257.1%$54/sqft
    Source: Public Record Report a problem
    8/14/2006Sold$28,000$15/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,926 +77%$194,250 +149.1%
    2024$1,088 +6.5%$77,980
    2023$1,021 +2.3%$77,980
    2022$998 +0.5%$77,980
    2021$993 +2.4%$77,980
    2020$970 $77,980
    2019$970 $77,980 +115.4%
    2018$970 +99%$36,205
    2017$488 +3.5%$36,205
    2016$471 $36,205 +149.5%
    2015$471 +134.5%$14,513
    2014$201 $14,513
    2013-- $14,513 -72.7%
    2012-- $53,218
    2011$694 +0.4%$53,218
    2010$691 +4%$53,218
    2009$664 $53,218
    2008$664 +11.9%$53,218 +26.6%
    2007$593 +1.4%$42,031
    2006$585 $42,031
    2005$585 +1.4%$42,031
    2004$577 $42,031
    Find assessor info on the county website

    Neighborhood: Cleveland-Holloway

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Durham - George Watts Elementary
    • Middle: Durham - Brogden Middle
    • High: Durham - Riverside High

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $343,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $343,500