909 S Alston Ave, Durham, NC, 27701
About This Home
Turn-Key & renovated Investment Package Exceptional income-producing opportunity in the heart of Durham, ideally located just steps from North Carolina Central University and minutes to downtown, major highways, and ongoing redevelopment. 907 S Alston Avenue is being offered as part of a required package sale with the adjacent property at 909 S Alston Avenue - a rare opportunity to acquire two side-by-side, fully renovated co-living assets in one of Durham's strongest rental corridors. Together, the properties feature a total of 15 private rental bedrooms across two fully renovated homes, specifically designed for the high-demand room-by-room leasing model. 909 S Alston Avenue features 9 private rental bedrooms while the neighboring 907 S Alston Avenue offers 6 private rental bedrooms and 3.5 bathrooms, and is currently operating with an impressive rental retention rate, demonstrating strong, stabilized performance with consistent year-round demand. Both properties have recently completed full renovations and are positioned as true turn-key co-living investments with immediate income, scalable operations, and long-term appreciation potential in a rapidly growing university and redevelopment corridor. Ideal for investors seeking portfolio expansion, student housing, rental, or a stabilized co-living platform with future upside. Properties must be purchased together.
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subType: Single Family Residence,Residential
Interior
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Features
- Flooring: Vinyl
- Finished area below ground: 0
- Finished area above ground: 1,971
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Electric
Interior Area
- Total structure area: 1,971
- Total interior livable area: 1,971 sqft
Property
Details
- Parcel number: 118002
- Zoning: R-3
- Special condition: Standard
Features
- Levels: Bi-Level
- Has view: Yes
Lot
- Lot size: 7,405 sqft
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
- Hail
- Hurricane
- Heat Wave
- Lightning
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Durham County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,040 | $48,480 |
| Home Insurance * | $319 | $3,828 |
| Property Taxes | $649 | $7,788 |
| Electricity | $200 | $2,405 |
| Total | $5,208 | $62,496 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-23 | Listed for sale | $799,000 |
| 2024-03-13 | Listing removed | -- |
| 2024-02-27 | Pending sale | $299,000 |
| 2023-09-29 | Listed for sale | $299,000 |
| 2022-04-07 | Listing removed | -- |
| 2022-03-08 | Listed for sale | $299,900 |
| 2021-11-23 | Sold | $235,000 |
| 2021-10-16 | Pending sale | $300,000 |
| 2021-09-08 | Listed for sale | $300,000 |
| 2006-04-11 | Sold | $90,000 |
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