217 Hood Street, Durham, NC 27701
Local realty services provided by:ERA Strother Real Estate
217 Hood Street,Durham, NC 27701
$1,375,000
- 8 Beds
- 4 Baths
- 4,790 sq. ft.
- Multi-family
- Active
Listed by: gabriel gorelick, ian lipman
Office: better realty llc.
MLS#:10101363
Source:RD
Price summary
- Price:$1,375,000
- Price per sq. ft.:$287.06
About this home
PRICE REDUCTION! Lease renewal at market rate, bringing this opportunity up to a 6.9% CAP Rate! Don't miss this rare opportunity to own a one-of-a-kind, fully renovated mixed-use building in the heart of Downtown Durham in a highly walkable location. Located in the highly sought-after Design District (DD-S1), 217 Hood Street seamlessly blends historic charm with modern design. The property features four beautifully finished 2-bedroom residential units and a third-floor commercial office suite, all thoughtfully crafted with high-end finishes and timeless architectural details.
The third-floor suite is currently leased to BETTER (owned and operated by the seller) and includes a full kitchen, two private offices, a conference room, and two bathrooms. Rent and extension terms are negotiable, offering flexibility for investors or owner-occupants.
The building has been meticulously restored to provide both comfort and character. Each residential unit boasts hardwood floors, designer kitchens, custom tilework, in-unit laundry, and private outdoor space, including expansive porches and balconies--delivering a level of quality rarely found in multifamily assets.
The commercial suite offers a dramatic and functional workspace with open-concept layout, exposed beams, skylights, and modern bath/kitchenette buildouts--perfect for creative professionals, boutique agencies, or continued owner-occupancy.
Walkable downtown location, steps from Ponysaurus Brewing, DPAC, the Durham Bulls Athletic Park, and a wide array of restaurants, cafes, and cultural amenities. Quick access to Highway 147 and public transit....
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Home facts
- Year built:2025
- Listing ID #:10101363
- Added:293 day(s) ago
- Updated:March 26, 2026 at 02:56 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Hardwood, Tile, Vinyl
- Kitchen Description:Dishwasher, Range, Range Hood, Refrigerator
- Living area:4,790 sq. ft.
Heating and cooling
- Cooling:Central Air, Separate Meters
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:2025
- Building area:4,790 sq. ft.
- Lot area:0.1 Acres
- Construction Materials:Brick
- Foundation Description:Brick/Mortar, Pillar/Post/Pier
- Levels:Tri-Level
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,375,000
- Price per sq. ft.:$287.06
- Tax amount:$10,660
Features and amenities
- Appliances:Dishwasher, Oven, Range, Range Hood, Refrigerator, Washer/Dryer Stacked
- Laundry features:In Unit, Washer/Dryer Stacked
- Amenities:Kitchen Island, Quartz Counters, Washer/Dryer Stacked
Parking
- Parking description:Driveway, On Street
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