28 days on rocket

2301 Otis St, Durham, NC, 27707

$399,000

Home List Price

$4,738*

Closing Credit

5 Bedrooms
4 Full Baths
1,967 SqFt
$203/SqFt
Multi

Location

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2301 Otis St, Durham$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTriplex
ParkingDriveway
Year Built1948
HeatingVaries By Unit
CoolingMulti Unit(s), Varies By Unit, Other
MLS #10054547
Lot Size0.19 Acres
StatusActive

About 2301 Otis St

Fully rented triplex w/ amazing proximity to Downtown Durham! Property professionally managed w/ total rent equaling $2,900.00 and everything already in place for a truly 'Hands-Off Investment' w/ instant cash flow. Property layout provides plenty of flexibility, either for personal use or investment purposes. Perfectly situated ''corner lot'' offers expansive driveway, off street parking, & possible room for expansion. Close proximity to bus-line & American Tobacco Trail for easy access to everything Durham has to offer! Tour the property right now w/ the interactive 3D Virtual Tour!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1948
  • Living Area: 1,967 SqFt

Listing Office:

  • Office Name: Keller Williams Elite Realty
  • Office Phone: (984) 244-5830
  • Listing Agent: Robert Hunt

Interior Features

Interior Information:

  • Flooring Type: Linoleum, Wood
  • Interior: See Remarks

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: None, Porch Front, Porch

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Virtual/3D Tour

  • 3D Tour: 2301 Otis St
3D Tour

Lot Features

Lot Information:

  • Lot: City Lot, Corner Lot, Level
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Varies By Unit
  • Cooling: Multi Unit(s), Varies By Unit, Other

School Info

Assigned Schools Information:

  • J D Clement Early College High School, Public District Grades 9-12
  • Hillside High School, Public District Grades 9-12
  • Hillside New Tech High School, Public District Grades 9-12
  • Rogers-Herr Middle School, Public District Grades 6-8
  • Sherwood Githens Middle School, Public District Grades 6-8
  • Fayetteville Street Elementary School, Public District Grades KG-5
  • R N Harris Elementary School, Public District Grades PK-5
  • Pearsontown Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: 2301 Otis St, Durham, NC 27707

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $203/SqFt

Tax Information:

  • Annual Amount: $2,018
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Durham, NC.

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Durham, NC

City

Med. Sold Price

$425K

Med. Price/SqFt

$233

Avg. Days On Market

32

# of Sold Homes

260

2301 Otis St vs Durham

28 DAYS ON ROCKET

-4 Days

$399,000

-$26K Less

$203/SqFt

-$30 Less

KEY TAKEAWAY

This property is $26K less than the Median Sold Price and $30/SqFt less than other homes in Durham, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10054547

Listing Office:

  • Office Name: Keller Williams Elite Realty
  • Office Phone: (984) 244-5830
  • Listing Agent: Robert Hunt

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. 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.

Properties subject to prior sale, change, withdrawal or rental. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/23/2024, 1:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 15, 2021Home Sold
$217,000
Dec 01, 2017Home Sold
$838,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,018$158,378
2020$1,970$158,378
2019 - $165,154
2018$1,414$104,253
2017$1,404$104,253

History based on county public records data.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-968744
5
/10

  • Fayetteville Street Elementary School

  • 2905 Fayetteville St

  • 0.51 miles

  • Public District Grades KG-5

school-card-donut-968745
9
/10

  • R N Harris Elementary School

  • 1520 Cooper St

  • 1.25 miles

  • Public District Grades PK-5

school-card-donut-968746
9
/10

  • Pearsontown Elementary School

  • 4915 Barbee Rd

  • 2.75 miles

  • Public District Grades PK-5

Middle School

school-card-donut-968747
8
/10

  • Rogers-Herr Middle School

  • 911 W Cornwallis Rd

  • 1.61 miles

  • Public District Grades 6-8

school-card-donut-968748
7
/10

  • Sherwood Githens Middle School

  • 4800 Chapel Hill Rd

  • 4.58 miles

  • Public District Grades 6-8

High School

school-card-donut-968749
10
/10

  • J D Clement Early College High School

  • 1801 Fayetteville St

  • 0.49 miles

  • Public District Grades 9-12

school-card-donut-968750
4
/10

  • Hillside High School

  • 3727 Fayetteville St

  • 1.21 miles

  • Public District Grades 9-12

school-card-donut-968751
8
/10

  • Hillside New Tech High School

  • 3727 Fayetteville St

  • 1.21 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,579. The most common annual income of people living in Durham, NC is less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Durham, NC

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Durham, NC?

Durham's housing market is diverse, offering a range of options from historic bungalows to contemporary condominiums. Single-family homes are prevalent, making up a significant portion of the housing stock, with a mix of older, charming homes and newer constructions. Apartments and townhouses are also available, providing alternatives for those seeking a more urban living experience. The architectural styles in Durham are varied, with a blend of classic colonial, ranch-style, and modernist influences throughout the city.

Is Durham, NC a good place to live?

Durham is celebrated for its vibrant arts scene and entrepreneurial spirit. The community prides itself on a rich cultural heritage that is evident in its numerous festivals, live music venues, and the renowned American Dance Festival. The city's character is further defined by its commitment to innovation, with a bustling downtown that reflects a blend of historic preservation and modern development.

Are things conveniently located in Durham, NC?

The community is served by a robust educational system, including a number of public and private schools, as well as prestigious higher education institutions like Duke University and North Carolina Central University. Healthcare is well-represented with several hospitals offering a range of services from emergency care to specialized treatments. Durham also features a network of public libraries and a variety of shopping and dining options that showcase the local flavors and craftsmanship.

What does the transportation in Durham, NC look like?

Durham's transportation infrastructure supports both private and public transit options. The city has a comprehensive bus system that connects various neighborhoods and key points of interest. The area is also bike-friendly, with dedicated lanes and trails for cyclists. Major highways and thoroughfares such as Interstate 85 and Highway 70 facilitate easy commuting and travel to and from the city. Efforts are continually made to enhance the efficiency and accessibility of the city's transportation network.

Rocket Homes›North Carolina›Durham County›Durham›27707›2301 Otis St

This home is located at 2301 Otis St in Durham, NC and zip code 27707. This 1,967 square foot home, which was built in 1948, sits on a 0.19 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $399,000.

In September 2024, from all listings sold in Durham, NC there were more than 60 sold above asking price, over 132 sold below and more than 68 were sold right at the asked price. The number of listings in Durham, NC decreased by 0.3% between August 2024 and September 2024. The median list price of listings available in September 2024 was $425,000, while the average time on the real estate market was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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