For Sale Townhome MLS# 10195501

2938a-2944 Chapel Hill Road

Durham, NC 27707

$4,300,000

  • 32Beds
  • 40Baths
  • 18,504Sq Ft
  • 0.64Acres
  • 2026Built
  • $232Per Sq Ft
  • 47Days Listed
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About 2938a-2944 Chapel Hill Road

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.

Property details

Property

Type
Townhouse
MLS type
Townhouse
Status
Active
Year built
2026
Stories
Quad-Level
Living area
18,504 sqft
Price / sqft
$232
Lot
0.64
Full baths
32
Half baths
8
Original price
$4,300,000
MLS #
10195501

Interior

Features
Finished, Walk-Out Access
Flooring
Luxury Vinyl, Tile
Heating
Natural Gas
Cooling
Central Air, Electric
Laundry
Multiple Locations

Exterior & lot

Construction
Board & Batten Siding, Cement Siding
Roof
Architectural Shingle
Foundation
Slab
Lot
Multiple
Parking
Assigned, Guest, Paved, Parking Pad

Schools

District
Durham Public Schools

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Financial
Doorify MLS, Other
Annual tax
$37,759
Tax year
2026
Parcel
Multiple
Special conditions
Standard

Location

Subdivision
Not in a Subdivision
County
Durham
Neighborhood
Chapel Hill Road

Ask about this property

Questions on 2938a-2944 Chapel Hill Road, Durham, NC 27707, or want to see it in person?

Listed by Gabriel Gorelick, Better Realty LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.