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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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111 Spring St , Durham, NC 27703
$350,000
Est. Payment: $1,967.01/mo
0.49 Acres
Status: active | Days on site: 27
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T1601 - 83109
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Terri Bias
Operator/Brokerage Owner

House Description

BUILDERS & INVESTORS — MULTIPLE-UNIT POTENTIAL MINUTES FROM RTP & RDU. Nearly 1/2 acre with a survey showing potential for multiple units and the possibility of creating smaller lots, subject to applicable approvals. Water and sewer are available at the street, and the fairly level topography makes this an unusually compelling development opportunity in a highly convenient Triangle location. Located just minutes from Research Triangle Park and RDU International Airport, this property combines location, utility access, usable land, and development potential in one package. Whether you're looking to build multiple homes, create an investment project, or secure land in one of the Triangle's most strategically located areas, 111 Spring Street deserves a serious look. Survey attached. Multiple-unit potential. Water and sewer available. Nearly 1/2 acre. Minutes from RTP and RDU. Opportunities with this combination of location and development potential are difficult to duplicate.

Highlights

Listed by Steven Elliot , HomeSmart , Triangle MLS, Inc. of North Carolina mls logo

Property Type

Vacant Land

Lot/Acreage
0.49

County

Durham

Neighborhood

Not in a Subdivision

Listing ID

10193283

Questions about this listing?

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Interior Features

Water:Public

Exterior Features

Lot Dimensions:98 x 219
Zoning:R-5
Sewer:Public Sewer
Principal Interest
$1,967
Taxes
$223

Home Price

$350,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$70,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,967.01

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,967.01 $223.13 $0.00 $2,190.14
Yearly $23,604.14 $2,677.50 $0.00 $26,281.64
Total $708,124.29 $80,325.00 $0.00 $788,449.29

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

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Market insight data is pulled from the same city as the listing being viewed (Durham, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-10-14T15:51:28.000Z

© 2026 Triangle MLS, Inc. of North Carolina

MLS Logo - Triangle MLS, Inc. of North Carolina