429 Lakeland Street, Durham, NC 27701

Local realty services provided by:ERA Live Moore
429 Lakeland Street,Durham, NC 27701
$550,000
  • 2 Beds
  • 1 Baths
  • 906 sq. ft.
  • Single family
  • Active
Listed by:carol small
Office:brokers united realty
MLS#:10127869
Source:RD

Price summary

  • Price:$550,000
  • Price per sq. ft.:$607.06

About this home

Major Opportunity Alert for Builders, Developers & Investors in Durham's Federal Opportunity Zone Unlock rare potential with two adjoining parcels at 430 Sowell Street (MLS #10127865) and 429 Lakeland Street, Zoning RU-5(2), nestled in the heart of Durham's most rapidly transforming neighborhood. Together, they present a prime redevelopment opportunity within a Federal Opportunity Zone, offering unbeatable positioning, flexibility, and growth potential. These adjoining properties, covering a corner-to-corner section, of a city block, lie in Durham's Urban Tier, qualifying for the Small Lot Option under city zoning, ideal for infill construction, small-lot single-family homes, townhouses, or a creative clustered site plan. With existing curb cuts, utilities at the street, and New Construction homes already completed next door and just 300 yards away, the comparables and momentum are strong. Verify options with Durham Planning Dept. Strategically located on the R. Kelly Bryant

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Home facts

  • Year built:1910
  • Listing ID #:10127869
  • Added:1 day(s) ago
  • Updated:October 16, 2025 at 04:54 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:906 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Shingle
  • Year built:1910
  • Building area:906 sq. ft.
  • Lot area:0.12 Acres

Schools

  • High school:Durham - Hillside
  • Middle school:Durham - Lowes Grove
  • Elementary school:Durham - Burton

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$607.06
  • Tax amount:$803
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