$860,000
$5K PRICE DROP

Estimated payment $4,760/month

Total Views 96,740
6 Beds
5.5 Baths
2,756 Sq Ft
$312 Price per Sq Ft

Highlights

  • Guest House
  • Craftsman Architecture
  • Wooded Lot
  • Southwest Elementary School Rated 9+
  • Deck
  • Main Floor Bedroom

About This Home

Turnkey Investment Opportunity in Durham - High Cash Flow & Prime Location! SPECIAL NOTE: IF YOU USE OUR PREFERRED LENDER THE SELLER WILL ALSO BUY DOWN THE INTEREST RATE WITH AN ACCEPTABLE OFFER. THIS WILL DEFINITELY HELP MAKE THIS PROPERTY CASH FLOW POSITIVE FOR AN INVESTMENT OR MAKE IT AN EXCEPTIOANAL DEAL IF YOU WOULD LIKE TO PURCHASE AS A SINGLE-FAMILY RESIDENCE. This stunning 6BD/5.5BA Craftsman-style home is 2756 sqft with ADU 735sqft for a combined square footage of 3491. This is the kind of property investors dream about. Currently 5 of 6 rooms are rented, generating over $4,950/month in rental income. Once fully occupied, projected rents climb to $5,800+ per month. With a recent appraisal of over $1M, this is an opportunity with built-in equity and strong upside. 📍 Location, Location, Location! 11 minutes to Duke University 4 minutes to NCCU 12 minutes to RTP & Duke Hospital 10 minutes to Downtown Durham 15 minutes to RDU Airport This unbeatable location attracts grad students, traveling nurses, and young professionals - ensuring consistent demand and premium rents. 🏡 Property Highlights: Each bedroom features its own keypad entry for privacy and security - making it perfect for a rent-by-the-room strategy. Open-concept floor plan with luxury finishes: white cabinetry, quartz counters, tile backsplash, oversized island, and LPV flooring. Main level en-suite plus a luxurious primary suite upstairs with spa-LIKE bath. 3rd-floor loft and additional oversized bedroom with walk-in closet. ADU over 3-car garage with full kitchen, bedroom, bath, and lounge - perfect for Airbnb, in-law suite, or added rental income. Outdoor perks include a side deck and a covered grilling area, ideal for entertaining tenants or personal use. 💡 Flexibility for Any Strategy: Operate as a high-yield room rental property Use as a primary residence while renting ADU or spare rooms Convert into an Airbnb/short-term rental in a booming market Whether you're looking to add a cash-flowing asset to your portfolio or searching for a multi-use home with endless potential, this property delivers.

Listing Agent

Marti Hampton

EXP Realty LLC License #132302 Listed on: 09/05/2025

EXP Realty LLC

Co-Listing Agent

Derek Nereu

EXP Realty LLC License #332916

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,049

Year Built

  • Built in 2023

Lot Details

  • 7,841 Sq Ft Lot
  • Back Yard Fenced
  • Wooded Lot

Parking

  • 3 Car Garage
  • On-Street Parking

Home Design

  • Craftsman Architecture
  • Block Foundation
  • Shingle Roof
  • Cement Siding

Interior Spaces

  • 2,756 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Loft
  • Basement
  • Crawl Space

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • In-Law or Guest Suite

Laundry

  • Laundry in Hall
  • Laundry on upper level

Outdoor Features

  • Deck
  • Outdoor Gas Grill
  • Rear Porch

Schools

  • Southwest Elementary School
  • Githens Middle School
  • Jordan High School

Additional Features

  • Guest House
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Forestwood Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0820-70-9802

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,049

Year Built

Built in 2023

Lot Details

0

Parking

3

Listing Details

  • Year Built: 2023
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Phone: 888-584-9431
  • Subdivision Name: Forestwood Park
  • Above Grade Finished Sq Ft: 2756.0
  • Architectural Style: Craftsman
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: Second
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: Upper
  • Room Types Loft: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style Craftsman: Yes
  • General Property Information Senior Community YN: No
  • Laundry Features In Hall: Yes
  • Foundation Details Block3: Yes
  • In-Law Suite Details Separate Building: Yes
  • Other Structures Guest House: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • Room Types Entrance Hall: Yes
  • In-Law Suite Details With Kitchen: Yes
  • General Property Information Above Grade Finished Area: 2756.0
  • Room Types Primary Bathroom Level: Second
  • Fencing Back Yard: Yes
  • General Property Information Lot Size Square Feet2: 7841.0
  • General Property Information Lot Size Acres: 0.18
  • General Property Information:Living Area3: 2756.0
  • DelayedMarketingYN: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Luxury Vinyl, Tile
  • Interior Amenities: Kitchen Island, Pantry, Quartz Counters
  • Basement: Crawl Space
  • Spa Features: See Remarks
  • Appliances: Dishwasher, Electric Cooktop, Microwave, Oven, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Interior Features:Pantry: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Oven: Yes
  • Interior Features:Kitchen Island: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Barbecue, Gas Grill
  • Fencing: Back Yard
  • Acres: 0.18
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Cement Siding, Fiber Cement
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Rear Porch
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Gas Grill: Yes
  • Construction Materials:Block2: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Construction Materials:Cement Siding: Yes
  • Exterior Features:Barbecue2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Garage, On Street
  • Parking Features:Garage: Yes
  • Parking Features:On Street: Yes
  • General Property Information:Garage Spaces: 3.0
  • General Property Information:Attached Garage YN: No

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Durham - Jordan
  • Middle Or Junior School: Durham - Githens

Lot Info

  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0820-70-9802

Tax Info

  • Tax Annual Amount: 3048.54
  • Tax Year: 2025
  • Tax Map Number: 245-24

MLS Schools

  • Elementary School: Durham - Southwest

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,651 $771,848 $109,150 $662,698
2024 $3,049 $218,549 $26,550 $191,999
2023 $2,863 $0 $0 $0
2022 $339 $26,482 $26,482 $0
2021 $337 $26,482 $26,482 $0
2020 $329 $26,482 $26,482 $0
2019 $329 $26,482 $26,482 $0
2018 $239 $17,655 $17,655 $0
2017 $238 $17,655 $17,655 $0
2016 $230 $17,655 $17,655 $0
2015 $301 $21,719 $21,719 $0
2014 -- $21,719 $21,719 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2025 12/01/25 Price Changed $860,000 -0.6% $312 / Sq Ft
09/05/2025 09/05/25 For Sale $865,000 -- $314 / Sq Ft
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Deed -- Becton Marcus
Deed -- None Listed On Document
Warranty Deed $52,000 None Available
Warranty Deed $52,000 Becton Marcus
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $413,550 Construction
Source: Public Records

About the Listing Agent

Marti Hampton

EXP Realty LLC

(984) 234-5608

Section Image

For over 30 years, Marti Hampton has led one of the most respected real estate teams in the nation, closing over $4 billion in home sales and helping more than 10,000 buyers and sellers across the Triangle achieve their real estate goals. Her unmatched track record, local expertise, and relentless commitment to excellence have made the Marti Hampton Team a trusted name in Raleigh-Durham real estate.

Backed by decades of experience and powered by innovative marketing, cutting-edge

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Source: Doorify MLS

MLS Number: 10120202

Doorify MLS

APN: 134296