2 months on rocket

905 Colfax St, Durham, NC, 27701

$420,000

Home List Price

$4,988*

Closing Credit

4 Bedrooms
2 Full Baths
1,495 SqFt
$281/SqFt
Multi

Location

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905 Colfax St, Durham$420,000

Buyer Closing Credits

$4,988*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOff Street
Year Built1984
HeatingBaseboard
CoolingWall Unit(s)
MLS #10037254
Lot Size0.20 Acres
StatusActive

About 905 Colfax St

Discover an unparalleled investment opportunity in the heart of Durham, NC. This newly renovated 4-bed/2-bath duplex in the highly sought-after Hayti neighborhood As an investment, this property offers multiple avenues for returns. Capitalize on Durham's robust rental market with two separate units, providing flexibility for short-term or long-term rental strategies including living in one unit and renting the second. Extensively renovated , including a new roof, siding and windows elevate the property's curb appeal and energy efficiency. The addition of mini-split AC units provides efficient, zone-controlled climate comfort, complemented by updated light fixtures throughout for a contemporary ambiance. Step inside to experience the thoughtfully designed open floor plan in each of the 2 bedroom 2 bath room units that seamlessly integrates the living area, dining space, and kitchen - perfect for entertaining or maximizing the sense of space in each unit. The kitchen is sure to impress, featuring new appliances, a stunning butcher block waterfall island, modern lighting fixtures, new white shaker cabinets, and a stylish tiled backsplash. Ample storage, including a dedicated cabinet for washer/dryer hookup, adds to the kitchen's functionality. The bathrooms updates include new Carrara porcelain tile tub surrounds, updated tile flooring and new vanity. In the bedrooms, design elements like a board and batten focal wall in the master and a modern geometric accent wall in the secondary bedroom add visual interest and contemporary flair to the living spaces. This property sits up away from the road, with both units currently vacant and offering immediate income potential. Note that middle and high school zoning for 25/26 will change, check with the local school district for the most up-to-date information.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1984
  • Living Area: 1,495 SqFt

Listing Office:

  • Office Name: Coldwell Banker Howard Perry &
  • Office Phone: (919) 960-6352
  • Listing Agent: Alexandra Katherine Pool

Interior Features

Interior Information:

  • Appliances: Electric Range, Microwave, Range Hood, Refrigerator
  • Flooring Type: Laminate
  • Interior: Open Floorplan

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Back Yard, Near Public Transit
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • J D Clement Early College High School, Public District Grades 9-12
  • Hillside New Tech High School, Public District Grades 9-12
  • City of Medicine Academy, Public District Grades 9-12
  • Rogers-Herr Middle School, Public District Grades 6-8
  • Sherwood Githens Middle School, Public District Grades 6-8
  • R N Harris Elementary School, Public District Grades PK-5
  • W G Pearson Elementary School, Public Magnet Grades PK-5
  • Pearsontown Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From I-40 to Durham, take exit 279B to Durham/Downtown. Take left exit 9 to NC-147. Take exit 2 to Alston Ave. Turn Rt onto Linnwood Ave. Rt on Colfax St. Property is 2nd on the Rt

Price Information

Listing Price Info

Price Summary:

  • List Price: $420,000
  • Price Per SqFt: $281/SqFt
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Housing Market Comparison

See how this home compares to others in Durham, NC.

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Durham, NC

City

Med. Sold Price

$419.9K

Med. Price/SqFt

$232

Avg. Days On Market

24

# of Sold Homes

266

905 Colfax St vs Durham

84 DAYS ON ROCKET

+60 Days

$420,000

+$50 More

$281/SqFt

+$49 More

KEY TAKEAWAY

This property is $50 more than the Median Sold Price and $49/SqFt more than other homes in Durham, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10037254

Listing Office:

  • Office Name: Coldwell Banker Howard Perry &
  • Office Phone: (919) 960-6352
  • Listing Agent: Alexandra Katherine Pool

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/14/2024, 12:50:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,164

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,326

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-775040
9
/10

  • R N Harris Elementary School

  • 1520 Cooper St

  • 0.80 miles

  • Public District Grades PK-5

school-card-donut-775041
5
/10

  • W G Pearson Elementary School

  • 3501 Fayetteville St

  • 1.72 miles

  • Public Magnet Grades PK-5

school-card-donut-775042
9
/10

  • Pearsontown Elementary School

  • 4915 Barbee Rd

  • 3.44 miles

  • Public District Grades PK-5

Middle School

school-card-donut-775043
8
/10

  • Rogers-Herr Middle School

  • 911 W Cornwallis Rd

  • 2.39 miles

  • Public District Grades 6-8

school-card-donut-775044
7
/10

  • Sherwood Githens Middle School

  • 4800 Chapel Hill Rd

  • 5.49 miles

  • Public District Grades 6-8

High School

school-card-donut-775045
10
/10

  • J D Clement Early College High School

  • 1801 Fayetteville St

  • 0.48 miles

  • Public District Grades 9-12

school-card-donut-775046
8
/10

  • Hillside New Tech High School

  • 3727 Fayetteville St

  • 1.94 miles

  • Public District Grades 9-12

school-card-donut-775047
8
/10

  • City of Medicine Academy

  • 301 Crutchfield St

  • 4.03 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,296. Most Durham, NC residents have annual incomes less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Durham, NC

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Durham, NC?

Durham's housing market is diverse, offering a range of options from historic bungalows to contemporary condominiums. Single-family homes are prevalent, making up a significant portion of the housing stock, with a mix of older, charming homes and newer constructions. Apartments and townhouses are also available, providing alternatives for those seeking a more urban living experience. The architectural styles in Durham are varied, with a blend of classic colonial, ranch-style, and modernist influences throughout the city.

What are the advantages of living in Durham, NC?

Durham is celebrated for its vibrant arts scene and entrepreneurial spirit. The community prides itself on a rich cultural heritage that is evident in its numerous festivals, live music venues, and the renowned American Dance Festival. The city's character is further defined by its commitment to innovation, with a bustling downtown that reflects a blend of historic preservation and modern development.

Are essential services in Durham, NC convenient?

The community is served by a robust educational system, including a number of public and private schools, as well as prestigious higher education institutions like Duke University and North Carolina Central University. Healthcare is well-represented with several hospitals offering a range of services from emergency care to specialized treatments. Durham also features a network of public libraries and a variety of shopping and dining options that showcase the local flavors and craftsmanship.

How do Durham, NC residents get around?

Durham's transportation infrastructure supports both private and public transit options. The city has a comprehensive bus system that connects various neighborhoods and key points of interest. The area is also bike-friendly, with dedicated lanes and trails for cyclists. Major highways and thoroughfares such as Interstate 85 and Highway 70 facilitate easy commuting and travel to and from the city. Efforts are continually made to enhance the efficiency and accessibility of the city's transportation network.

Rocket Homes›North Carolina›Durham County›Durham›27701›905 Colfax St

This home is located at 905 Colfax St in Durham, NC and zip code 27701. This 1,495 square foot home, which was built in 1984, sits on a 0.20 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 22, 2024 and is currently priced at $420,000.

While more than 72 listings in Durham, NC in August 2024 were sold above asking price, there were more than 75 listings sold at asking price, and more than 119 were sold below. The number of listings in Durham, NC decreased by 1% between July 2024 and August 2024. While the average time on the market in August 2024 was 24 days, the median list price was $419,949.

From Rocket Homes Real Estate and based on county public records data.

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