Fantastic investment opportunity in the heart of Durham! This cleared 0.48-acre lot is on city water and sewer and offers incredible potential for builders, investors, or anyone looking to create something special not far from downtown. The property features a partially fenced yard and can be subdivided into multiple lots, ideal for new construction or multi-unit development. With its level topography and utilities already on site, this land is ready for your vision. Conveniently located just minutes from downtown Durham, you'll have easy access to the city's vibrant food scene, unique shops, the Durham Farmers' Market, and cultural attractions like DPAC and the Durham Bulls Athletic Park. Opportunities like this are rare. Enjoy the best of both worlds with a quiet residential setting and the excitement of downtown living right at your doorstep. Whether you're looking to build, develop, or hold as an investment, this property offers unmatched flexibility and location in one of the Triangle's fastest-growing areas.
Lot/land
$285,000
2711 Ashe St, Durham, NC 27703
--beds
--baths
0.48Acres
Unimproved Land, Land
Built in ----
0.48 Acres Lot
$206,900 Zestimate®
$--/sqft
$-- HOA
What's special
Level topographyUtilities already on siteQuiet residential setting
- 37 days |
- 60 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: December 02, 2025 at 09:25am
Listed by:
Peter Kima 919-609-6777,
Real Broker, LLC,
Anthony Medeiros 910-650-7985,
Real Broker, LLC
Source: Doorify MLS,MLS#: 10131309
Facts & features
Property
Features
- Fencing: Partial
- Has view: Yes
Lot
- Size: 0.48 Acres
- Dimensions: 55' x 360' x 76' x 414'
Details
- Parcel number: 121088
- Zoning: R-5
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Not in a Subdivision
HOA
- Has HOA: No
Location
- Region: Durham
Financial & listing details
- Tax assessed value: $279,358
- Annual tax amount: $2,769
- Date on market: 11/4/2025
- Road surface type: Other
Estimated market value
$206,900
$168,000 - $257,000
$1,443/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2025 | Listed for sale | $285,000+86.3% |
Source: | ||
| 6/13/2025 | Sold | $153,000-9.5% |
Source: | ||
| 4/22/2025 | Pending sale | $169,000 |
Source: | ||
| 4/18/2025 | Listed for sale | $169,000 |
Source: | ||
| 4/5/2025 | Pending sale | $169,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,769 +175.8% | $279,358 +288.1% |
| 2024 | $1,004 +6.5% | $71,988 |
| 2023 | $943 +2.3% | $71,988 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 27703
Nearby schools
GreatSchools rating
- 4/10Y E Smith ElementaryGrades: PK-5Distance: 0.3 mi
- 5/10Brogden MiddleGrades: 6-8Distance: 3.7 mi
- 3/10Riverside High SchoolGrades: 9-12Distance: 7.2 mi
Schools provided by the listing agent
- Elementary: Durham - Y E Smith
- Middle: Durham - Brogden
- High: Durham - Riverside
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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