51
Map
$335,900
↓ $4K (1.2%)
●
House -
For Sale
911 Alma Street
Durham, NC 27703
3 Beds
2 Baths
1,232 Ft²
$1,858
Est. Monthly
About This Property
Price Improvement-Now Offered at $359,900! Move-in ready,
thoughtfully updated, and offering more space than the numbers
alone suggest! This 3-bedroom, 2-bath Durham home features new
appliances, quartz countertops, LVP flooring, recessed lighting,
main-level laundry, and all bedrooms and baths conveniently located
on the main floor. Beyond the 1,232 SF of official living area,
you'll find approximately 551 additional SF of heated and cooled
second-floor flex space not included in the living-area calculation
due to ceiling height. The 0.21-acre lot offers even more
potential, with an ADU confirmed as permissible by Durham Planning,
subject to applicable development standards. Conveniently located
with easy access to Downtown Durham, shopping, dining, major
roadways, Duke and NCCU. Seller offering up to $5,000 toward buyer
closing costs with an acceptable offer!
Unit Size
1,232 Ft²
Days on Market
16 days
Land Size
0.21 acres
Price per sqft
$273
Property Type
House
Property Taxes
$209
HOA Dues
-
Year Built
1932
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 22 hours ago (TMLS #10197471)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2026 | Price Decreased |
$335,900
↓ $4K
(1.2%) | |
| Price Decreased | |||
| Oct 9, 2026 | Listed by Century 21 Triangle Group | $339,900 | |
| Listed by Century 21 Triangle Group | |||
| Jul 21, 2026 | Sold | ||
| Sold | |||
| Jun 22, 2026 | In contract | - | |
| In contract | |||
| Jun 19, 2026 | Listed by Navigate Realty | $185,000 | |
| Listed by Navigate Realty | |||
   | |||
|
Investor Special in a Prime Durham Location! This 3-bedroom, 1-bath property presents an outstanding renovation opportunity in one of Durham's most desirable and rapidly growing areas. The home is in need of significant repairs and is being sold as-is, making it ideal for investors, builders, or buyers looking to create their dream home. Once renovated, this property has tremendous potential thanks to its excellent location just minutes from downtown Durham, major highways, shopping, dining, entertainment, and renowned universities including Duke University and North Carolina Central University. Situated in an established neighborhood with strong surrounding property values, this is a rare chance to unlock value and capitalize on Durham's continued growth. Bring your vision and transform this diamond in the rough into something special!
| |||
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Property Highlights
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Driveway, Unpaved
Open Parking Spaces: 3
Interior Details
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, Recessed Lighting, Kitchen/Dining Room Combination, Primary Downstairs, Quartz Counters, Separate Shower, Smooth Ceilings, Walk-In Shower
Appliances: Electric Oven, Electric Range, Electric Water Heater, Plumbed For Ice Maker, Water Heater
Flooring Type: Luxury Vinyl
Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Main Level, Washer Hookup
Rooms: 8
Exterior Details
Square Footage: 1232
Property Condition: Updated/Remodeled
Architectural Style: Traditional
Year Built: 1932
Building Area Total: 1232
Levels: One
Other Structures: Shed(s)
Construction Materials: Vinyl Siding
Patio and Porch Features: Covered, Front Porch
Lot Features: Back Yard, Front Yard, Landscaped, Hardwood Trees
Lot Size Area: 0.21
Lot Size Units: Acres
Lot Size Acres: 0.21
Lot Size Square Feet: 9148
Water Source: Public
Financial Details
Tax Map Number: 20
Tax Assessed Value: $246,294
Tax Annual Amount: $2,503
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric, Forced Air
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About East Durham
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Listed by: Roxana Garcia Rodriguez, Century 21 Triangle Group
Last Updated: 22 hours ago
Data Source: TMLS, MLS# 10197471
Last Updated: 22 hours ago
Data Source: TMLS, MLS# 10197471
Some IDX listings have been excluded from this IDX display. 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. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. 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. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
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