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515 Spruce St #A & B, Durham, NC, 27703

4beds
6baths
2,440sqft
$680,000
$279price/sqft
$4,337/moest. monthly cost
$173,480/yrincome needed

About This Home

Welcome to 515 Spruce St. A & B -- two new construction homes in one of Durham's most exciting neighborhoods. Each unit is a 2 bed, 2.5 bath attached single-family home offering the feel of townhouse living without the HOA. Inside, you'll find real hardwood floors throughout, built-in closets, and thoughtful finishes that set it apart from the typical new build. The open main level is perfect for entertaining, with a half bath tucked away for guests and a layout that lives larger than it looks. Upstairs, two generously sized bedrooms each have their own full bath, giving everyone their own space and privacy. Step outside and you're walking distance to East Durham's growing collection of restaurants, coffee shops, breweries, and local businesses -- the kind of neighborhood where you actually use your two feet. East Durham has seen remarkable investment over the past several years and continues to attract buyers who want to be close to the energy of downtown Durham without paying downtown prices. Each unit is separately deeded, meaning no HOA, no shared fees, and full control over your property. You can purchase one side or both (consider it a duplex). Whether you're looking for a primary residence in a thriving community or a low-maintenance addition to your investment portfolio, 515 Spruce checks the boxes. New construction quality, Old East Durham character.

Getting Around

62
WalkingSomewhat Walkable
40
TransitSome Transit
41
BikeSomewhat Bikeable

Schools

3/10
Eastway ElementaryGrades PK-50.2 mi
5/10
Brogden MiddleGrades 6-82.8 mi
3/10
Riverside High SchoolGrades 9-126.3 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Board & Batten Siding,HardiPlank Type

Notable Dates

  • Major remodel year: 2026

Type & Style

  • Home type: Townhouse
  • Architectural style: Traditional
  • Property subType: Townhouse,Residential

Interior

Appliances

  • Appliances included: Electric Oven,Electric Range
  • Laundry features: Electric Dryer Hookup,Main Level,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 2

Features

  • Ceiling Fan(s),Quartz Counters,Walk-In Closet(s),Walk-In Shower
  • Window features: Double Pane Windows
  • Flooring: Wood
  • Finished area below ground: 0
  • Finished area above ground: 2,440
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 2,440
  • Total interior livable area: 2,440 sqft

Property

Details

  • Parcel number: 241658 and 241659
  • Attached to another structure: Yes
  • Special condition: Seller Licensed Real Estate Professional,Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Porch
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 3,484 sqft

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Durham County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,438$41,256
Home Insurance *$213$2,556
Property Taxes $459$5,508
Electricity $227$2,727
Total$4,337$52,044
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$148,697/yr
40% on housing$130,110/yr
45% on housing$115,653/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$279This listing

vs Other Active Listings

Avg $/sqft

ZIP 27703$182
Durham County$201

vs Homes Sold Last Month

Median $/sqft

ZIP 27703$205
Durham County$231

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-24Listed for sale$725,000

New Construction

AgentAdam Lang
BrokerageOne80 Real Estate LLC

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