2938a-2944 Chapel Hill Rd | Image 1
2938a-2944 Chapel Hill Rd | Image 2
2938a-2944 Chapel Hill Rd | Image 3
2938a-2944 Chapel Hill Rd | Image 4
2938a-2944 Chapel Hill Rd | Image 5
2938a-2944 Chapel Hill Rd | Image 6
2938a-2944 Chapel Hill Rd | Image 7

$4,300,000

For Sale

12 days ago

MLS® 10195501

32 Bed

40 Bath

18504 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Townhouse
Levels Residential Income
Size 18504 sqft
Garage No
HOA Fees 
Taxes $37,759
Days Active 12
Approx. Age 2026
Avg. Price Per Sqft $232
MLS® Number 10195501

Property Address: 2938a-2944 Chapel Hill Rd, Durham, NC, 27707

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number10195501
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelMultiple Locations
Exposure
Exterior
GarageNo
Approx. Age2026
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatNatural Gas
A/CCentral Air, Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 29, 2026List Date
$4,300,000List Price
  • Commute

Commute

Starting Address
Destination Address
2938a-2944 Chapel Hill Rd, Durham, NC

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