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1404 Gearwood Ave, Durham, NC 27701

$295,000

House under renovation with dormers and porch at 1404 Gearwood Ave, Durham, NC 27701
  • Bedrooms

    3

  • Baths

    2

  • Sq. Feet

    1925

  • Year Built

    1943

  • Days On Market

    181

  • $/SqFt

    $153

11 Photos

  • House under renovation with dormers and porch at 1404 Gearwood Ave, Durham, NC 27701
  • House under renovation with dormers and porch at 1404 Gearwood Ave, Durham, NC 27701
  • House under renovation with dormers and porch at 1404 Gearwood Ave, Durham, NC 27701
  • Unfinished basement with exposed floor joists at 1404 Gearwood Ave, Durham, NC 27701
  • Unfinished basement with exposed floor joists at 1404 Gearwood Ave, Durham, NC 27701
  • Unfinished basement with exposed floor joists and stairs at 1404 Gearwood Ave, Durham, NC 27701
  • Rear of house under renovation, needs landscaping at 1404 Gearwood Ave, Durham, NC 27701
  • Rear view of a fixer-upper house needing renovations at 1404 Gearwood Ave, Durham, NC 27701
  • Backyard with debris and an unfinished deck needing work at 1404 Gearwood Ave, Durham, NC 27701
  • Interior view showing a gutted space ready for renovation at 1404 Gearwood Ave, Durham, NC 27701
  • Long interior view of a home undergoing complete renovation at 1404 Gearwood Ave, Durham, NC 27701
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Home Description

Attention investors! Exceptional opportunity awaits in a highly sought-after neighborhood close to Downtown Durham. This property presents two distinct avenues for potential buyers: restore this charming house to its original glory targeting a $600,000 ARV, or build a new home in an area where prices are exceeding $900,000, providing significant potential for return on investment. Property sold as is.

  • # Fireplaces: 0
  • Flooring: Vinyl
  • Full Baths: 2
  • Half Baths: 0
  • Construction Materials: Asbestos
  • Roof: Shingle
  • Foundation: Other
  • Lot Size Acres: 0.11

Available now at $295,000

  • Property Type: Single Family Residence
  • Style: Traditional
  • Levels: Two
  • New Construction: No
  • Heating: Electric,Heat Pump
  • Cooling: Central Air
  • Water Source: Public
  • Sewer: Public Sewer
  • Total HOA Dues: $0.00
  • Annual Taxes: $1,718.59
  • Listing Office: RIG REAL ESTATE LLC
  • List Status: Active

Neighborhood

The average asking price of a 3 bedroom Durham home in this zip code is $470,403 (59.5% more than this home).

This home is priced at $153/sqft, which is 84.2% less than similar homes in the 27701 zip code.

Potential Great Value

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School Information

  • Elementary:Durham - Eastway
  • Middle School:Durham - Lucas
  • High School:Durham - Northern

Financial

  • Approx Payment:$1,495*

Area Stats

These statistics are updated daily from the Triangle Multiple Listing Services, Inc. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (919) 799-8209 and speak with one of our real estate consultants.

Listing Courtesy of RIG REAL ESTATE LLC. For information or to schedule a viewing of this property (MLS# 10028239), call: 919-799-8209

1404 Gearwood Ave, Durham NC is a single family home of 1925 sqft and is currently priced at $295,000 . This single family home has 3 bedrooms. A comparable home for sale at 1228 Lakeland St in Durham is listed at $259,500. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Durham, NC. Bullington Warehouse Condominiums, Mangum Flats and Hillcrest are nearby neighborhoods. MLS 10028239 has been posted on this site since 5/9/2024 (today).

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. Copyright 2024 Doorify MLS of North Carolina. All rights reserved. Listings last updated 12/3/2024.

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