2718 Thelma Street, Durham, NC 27704

• 2 beds |
• 1 bath |
• 754 sqft

Property Description

Prime investment opportunity in an up-and-coming area of Durham near the Animal Protection Society of Durham . Well-suited for investors seeking a long-term rental or future value appreciation in a neighborhood benefiting from continued growth and nearby improvements.The property is currently occupied by long-term tenants on a month-to-month lease, offering flexibility for an investor to maintain the current rental use or make strategic improvements over time. The home and lot provide solid fundamentals that support multiple investment approaches.Sold as-is. Pricing reflects current condition and market opportunity. Convenient access to downtown Durham, major roadways, and surrounding redevelopment areas adds to its long-term appeal.Opportunities like this in transitioning Durham neighborhoods are becoming increasingly hard to find. The home next door at 2720 Thelma Street is also available, creating an attractive option for portfolio-minded buyers.

Listing Status:

Active

Data Last Updated:

March 3, 2026 at 4:20PM

Listing Office:

LPT Realty, LLC : 877-366-2213

Listing Agent:

Richard Burghgraef : 312-498-8340

MLS ID:

10137837

Interior

• General: Bedroom on Main Level
• Appliances: Electric OvenElectric Water Heater
• Laundry: Washer HookupElectric Dryer HookupMain Level
• Basement: Crawl Space
• Flooring: CarpetLaminateTileWood
• A/C: Attic FanCentral AirElectric
• Heating: Electric

Exterior

• General: Awning(s)
• Style: Bungalow
• Other Structures: Awning(s)
• Parking: Driveway

Construction

• Roofing: Shingle
• General: Vinyl Siding1Crawlspace

Location

• Road/Access: City Street
• Originating MLS: AMLSNC_TRIANGLE
• County: Durham

Lot

• Zoning: Prop-Bailey Thomas A/Lt#4 7 Pl:00031B-000071129892
• View: Neighborhood

Utilities

• Utilities: Electricity ConnectedSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: AMLSNC_TRIANGLE