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

2938-2944 Chapel Hill Rd Durham, NC 27707

$4,300,000

ACTIVE
Beds
Baths
0
Sqft
18,504
Acres
0.64
Year
2026
Days on Site
30 Mins
Property Type
Commercial Sale
Sub Type
Multi Family
Per Square Foot
$232
Date Listed
Sep 28, 2026

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

Listing details for 2938-2944 Chapel Hill Rd, Durham, NC 27707 : Valley Heights presents a rare opportunity to acquire eight 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. 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. Each approximately 2,313-square-foot residence features four bedrooms and 4.5 bathrooms, including the particularly versatile feature of full-bath access for every bedroom. 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 : 09-28-2026 at 6:00 PM EDT
Listing Provided By

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

Source

Triangle, MLS, MLS#: 10195382

For more information on this listing contact us at 919​-249​-8536

Property History

DateEventPrice
9/28/2026
Listed for sale
$4,300,000
$232/sqft
Source:Triangle, MLS #10195382
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The data relating to real estate for sale on this web site comes in part from the Internet Data ExchangeTM Program of the Triangle MLS, Inc. of Cary. Real estate listings held by brokerage firms other than Raleigh Realty Inc are marked with the Internet Data Exchange TM logo or the Internet Data ExchangeTM thumbnaillogo (the TMLS logo) and detailed information about them includes the name of the listing firms.

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For more information on this listing contact us at 919​-249​-8536