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2938a-2944 Chapel Hill Rd, Durham, NC 27707
2938a-2944 Chapel Hill Rd, Durham, NC 27707
2938a-2944 Chapel Hill Rd, Durham, NC 27707
2938a-2944 Chapel Hill Rd, Durham, NC 27707
2938a-2944 Chapel Hill Rd, Durham, NC 27707
2938a-2944 Chapel Hill Rd, Durham, NC 27707
2938a-2944 Chapel Hill Rd, Durham, NC 27707

2938a-2944 Chapel Hill Rd Durham, NC 27707

$4,300,000

ACTIVE
Beds
32
Baths
40
Sqft
18,504
Acres
0.64
Year
2026
Days on Site
9 Days
Property Type
Residential Income
Sub Type
Townhouse
Per Square Foot
$232
Date Listed
Sep 29, 2026

Description of 2938a-2944 Chapel Hill Rd, Durham, NC 27707

Listing details for 2938a-2944 Chapel Hill Rd, Durham, NC 27707 : Valley Heights presents a rare opportunity to acquire 8 completed, new-construction residences in a single transaction at a portfolio basis below individual appraised value. Each residence has been independently appraised at $612,000, representing an aggregate appraised value of approximately $4.896 million across the eight-unit portfolio. Each approximately 2,313-square-foot residence features 4-bedrooms and 4.5 bathrooms, including the particularly versatile feature of full-bath access for every bedroom. Delivered vacant and completed in 2026,the offering gives an incoming investor significant flexibility from day one. Potential strategies include traditional long-term rentals, furnished mid-term or short-term accommodations where permitted, corporate housing, individual retail resale, or a hybrid strategy that monetizes units over time while retaining others for income. The homes were constructed and finished for the retail residential market rather than as conventional rental product, with Pella windows, Bosch stainless steel appliances, solid-wood soft-close cabinetry, oversized waterfall quartz islands, tiled walk-in showers, durable LVP flooring, and upper- and lower-level laundry areas. Located along Chapel Hill Road in Southwest Durham, Valley Heights provides convenient connectivity to Downtown Durham, Duke University, Chapel Hill, Research Triangle Park and the broader Triangle employment base.
Listing Updated : 09-29-2026 at 6:30 PM EDT
Listing Provided By

Gabriel Gorelick, 980-233-1490, Better Realty LLC

Source

Triangle, MLS, MLS#: 10195501

Property History

DateEventPrice
9/29/2026
Listed for sale
$4,300,000
$232/sqft
Source:Triangle, MLS #10195501
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The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2026 Doorify MLS of North Carolina. All rights reserved.
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