2938a-2944 Chapel Hill Road, Durham, NC

$4,300,000

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32

Beds

40

Baths

18,504

Square feet

0.64

Acres

About 2938a-2944 Chapel Hill Road

Valley Heights presents a rare opportunity to acquire 8 completed, new-construction residences in a single transaction at a portfolio basis below individual appraised value. Each residence has been independently appraised at $612,000, representing an aggregate appraised value of approximately $4.896 million across the eight-unit portfolio. Each approximately 2,313-square-foot residence features 4-bedrooms and 4.5 bathrooms, including the particularly versatile feature of full-bath access for every bedroom. Delivered vacant and completed in 2026,the offering gives an incoming investor significant flexibility from day one. Potential strategies include traditional long-term rentals, furnished mid-term or short-term accommodations where permitted, corporate housing, individual retail resale, or a hybrid strategy that monetizes units over time while retaining others for income. The homes were constructed and finished for the retail residential market rather than as conventional rental product, with Pella windows, Bosch stainless steel appliances, solid-wood soft-close cabinetry, oversized waterfall quartz islands, tiled walk-in showers, durable LVP flooring, and upper- and lower-level laundry areas. Located along Chapel Hill Road in Southwest Durham, Valley Heights provides convenient connectivity to Downtown Durham, Duke University, Chapel Hill, Research Triangle Park and the broader Triangle employment base.

Features of 2938a-2944 Chapel Hill Road

MLS® # 10195501
Price $4,300,000
Bedrooms 32
Bathrooms 40.00
Full Baths 32
Half Baths 8
Square Footage 18,504
Acres 0.64
Year Built 2026
Type Residential Income
Sub-Type Townhouse
Status Active

Community Information

Address 2938a-2944 Chapel Hill Road
Subdivision Not in a Subdivision
City Durham
County Durham
State NC
Zip Code 27707

Amenities

Parking Assigned, Guest, Paved, Parking Pad
Has Pool No

Interior

Heating Natural Gas
Cooling Central Air, Electric
Fireplace No
Stories Quad-Level
Has Basement Yes
Basement Finished, Walk-Out Access

Exterior

Roof Architectural Shingle
Construction Board & Batten Siding, Cement Siding
Foundation Slab

Additional Information

Date Listed September 29th, 2026
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBetter Realty LLC

Listing Map

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