2940 Chapel Hill Road C+DDurham, NC 27707
Listed by Compass -- Chapel Hill - DurhamPrime Chapel Hill location on a generous 1.79-acre lot, offered as-is and just minutes to UNC, downtown, and the dining and shops along Franklin Street. Ideally situated on highly desirable Purefoy Road near Merritt's Grill, this property presents a rare opportunity for investors, builders, or buyers ready to renovate or reimagine. Originally built in 1937, portions of the individual units have been updated over time; however, most are in need of full renovation. The property includes two structures -- one building with two units and a second with six units -- offering multiple bedrooms and flexible living spaces suited to a variety of uses. Set amid mature surroundings, the expansive lot offers both privacy and exceptional redevelopment potential, including a possible teardown and custom multi-unit rebuild. Enjoy convenient access to transit, campus, and major corridors--an outstanding opportunity in one of Chapel Hill's most sought-after locations.
Property boundary from county GIS
Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.
| Date | Event | Price | Change |
|---|---|---|---|
| Sep 23, 2026 | Price Reduced | $1,150,000 → $950,000 | ▾ $200,000 (17.4%) |
* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.
Listed by Compass -- Chapel Hill - Durham
Listed by Irby Stinson Realty
Listed by Keller Williams Elite Realty
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