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$4,300,000
5 Days On Site

2938a-2944 Chapel Hill Road
Durham, NC 27707

For Sale|Townhouse|Active
32
Beds
40
Total Baths
32
Full Baths
8
Partial Baths
18,504
SqFt
$232
/SqFt
2026
Built
Subdivision:
Not in a Subdivision
County:
Durham
Call Now: 919-404-SHOW
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919-404-SHOW
2938a-2944 Chapel Hill Road2938a-2944 Chapel Hill Road2938a-2944 Chapel Hill Road2938a-2944 Chapel Hill Road
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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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Listing Snapshot
Price 
$4,300,000
Days On Site 
5 Days
Bedrooms 
32
Inside Area (SqFt) 
18,504 sqft
Total Baths 
40
Full Baths 
32
Partial Baths 
8
Lot Size 
0.64 Acres
Year Built 
2026
MLS® Number 
10195501
Status 
Active
Property Tax 
$37,759.24
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing first seen on site
5 days agoListing updated with changes from the MLS®
General Features
Acres 
0.64
Foundation 
Slab
Parking 
AssignedGuestPavedParking Pad
Parking Spaces 
22
Property Condition 
New Construction
Property Sub Type 
Townhouse
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
13624
SqFt Below 
4880
SqFt Total 
18504
Water Source 
Public
Interior Features
Basement 
FinishedWalk-Out Access
Cooling 
Central AirElectric
Flooring 
TileVinyl
Heating 
Natural Gas
Laundry Features 
Multiple Locations
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Exterior Features
Construction Details 
Board & Batten SidingCement Siding
Roof 
Shingle
Community Features
Financing Terms Available 
CashContractConventionalLease Purchase
Listing courtesy of Gabriel Gorelick of Better Realty LLC



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2026-10-05 03:01 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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