2718 Thelma Street
Durham, NC 27704Prime value-add opportunity in an up-and-coming area of Durham. Ideal for investors and renovators looking for their next fix-and-flip or repositioned rental. This property offers strong upside potential through renovation, with surrounding neighborhood improvements supporting future appreciation. Currently occupied by long-term tenants on a month-to-month lease, providing flexibility for renovation or continued rental use. The layout and lot present an excellent canvas for updates and modernization to maximize resale or rental value. Sold as-is. Pricing reflects condition and opportunity. Convenient access to downtown Durham, major corridors, and local redevelopment areas makes this a strategic investment in a growing market. Bring your vision — opportunities like this in transitioning Durham neighborhoods are becoming increasingly rare. Home next door at 2720 Thelma St also for sale
$199,000
2 bedrooms
1 full bathrooms
0.19 acres
754 square feet
$264 per square foot
- Exterior Features
- Interior Features
- Property Features
- Common Walls No Common Walls
- Construction Materials Vinyl Siding
- Exterior Features Awning(s)
- Lot Size Acres 0.19
- Parking Features Driveway
- Patio And Porch Features Awning(s)
- Structure Type House, Site Built
- Above Grade Finished Area 754
- Appliances Electric Water Heater, Electric Oven
- Basement Crawl Space
- Cooling Electric, Attic Fan, Central Air
- Cooling Y/N Yes
- Flooring Tile, Wood, Carpet, Laminate
- Heating Electric, Central
- Heating Y/N Yes
- Laundry Features Washer Hookup, Electric Dryer Hookup, Main Level
- Rooms Total 5
- Community Features Street Lights, Curbs
- Lot Features Front Yard, Back Yard
- Tax Annual Amount 1480.42
- Water Source Public
- Year Built 1967
Additional Property Information
- TypeSingle Family Residence
- Built1967
- NeighborhoodBailey Thomas
- CountyDurham
- AreaDurham
- Elementary SchoolDurham - Sandy Ridge
- Middle SchoolDurham - Lucas
- High SchoolDurham - Northern
Listing courtesy of LPT Realty, LLC. © 2025 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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