Recently Listed New Construction 2938a-2944 Chapel Hill Road
Durham, NC, 27707 $ 4,300,000
Bedrooms32 Baths32.8 Sq 18,504 Monthly Estimate*
$ 29,699
for $4,300,000 with 32 bedrooms and 32 full baths, 8 half baths. This 18,504 square foot home was built in 2026 on a lot size of 0.64.
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.
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Multi-Family ActiveContemporary, Transitional
FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Cooling Central Air Electric
Roof Architectural Shingle
Architectural Style Contemporary Transitional
Construction Materials Board & Batten Siding Cement Siding
Year Built 2026
Levels Quad-Level
Property Subtype Townhouse
Building Name Valley Heights
County Durham
New Construction true
Property Type Residential Income
HOA false
Attached Garage false
Subdivision Name Not in a Subdivision
Full Baths 32
Status Active
City Durham
Open Parking Spaces 22
Lot Size Units Acres
Lot Size Square Feet 27878.4
Tax Annual Amount 37759.24
Structure Type Duplex Townhouse Other
Standard Status Active
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InteriorBasement Finished Walk-Out Access
Flooring Luxury Vinyl Tile
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 13624
Half Baths 8
Laundry Features Multiple Locations
Total Bedrooms 32
Below Grade Finished Area 4880
Total Baths 40
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ExteriorParking Features Assigned Guest Parking Pad Paved
Water Source Public
Lot Size Area 0.64
Foundation Details Slab
Building Area Total 18504
Lot Size Acres 0.64
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* Excluded FeaturesList ByGabriel GorelickListing Agent
gorelick92@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $29,699
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Durham, NC
Average List Price $655,360
Percent of Sale Price 85%
About Durham, NC 265,200 Population
38% Since 2002
$ 54,390 Median Income
35.38 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/29/2026 | $4,300,000 | | Listed Price |