Instant Cash Flow!! This awesome investment opportunity features a property already leased month to month with long term tenant. On over a half an acre, opens up many future possibilities. Minutes to Highway 70, Brier Creek and Downtown Durham.
Single-familyProperty Type
1945Year Built
0.52 acresLot Size
$224Est. Price/Sq.Ft.
Listed by Jeff Goldman• Nest Realty of the Triangle
Bought with Victor Barreiro• 1800 Real Estate Inc.
Instant Cash Flow!! This awesome investment opportunity features a property already leased month to month with long term tenant. On over a half an acre, opens up many future possibilities. Minutes to Highway 70, Brier Creek and Downtown Durham.
TMLS #1881318
Jul 28, 2013
Listing Removed
—
May 28, 2013
Price Changed
$59,000
$56/sq ft
Mar 27, 2013
Listed
$65,000
$62/sq ft
TMLS #1791558
Oct 20, 2011
Sold
$18,000
$17/sq ft
Jun 30, 2011
Listed
$25,000
$24/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,796 (+40.9%)
$98,800 + $82,394
$181,194
2023
$1,275 (+2.3%)
$34,290 + $63,060
$97,350
2022
$1,246 (+0.5%)
$34,290 + $63,060
$97,350
2021
$1,240 (+2.4%)
$34,290 + $63,060
$97,350
2020
$1,211 (+18.7%)
$34,290 + $63,060
$97,350
2018
$1,020 (+0.7%)
$22,860 + $52,360
$75,220
2017
$1,013 (+3.6%)
$22,860 + $52,360
$75,220
2016
$978 (+17.8%)
$22,860 + $52,360
$75,220
2014
$830 (−19.6%)
$20,340 + $39,660
$60,000
2013
$1,032 (+2.3%)
$20,340 + $56,557
$76,897
2012
$1,009 (+0.7%)
$20,340 + $56,557
$76,897
2011
$1,002
$20,340 + $56,557
$76,897
Tax history for 2518 Ross Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,796 (+40.9%)
$98,800 + $82,394
$181,194
2023
$1,275 (+2.3%)
$34,290 + $63,060
$97,350
2022
$1,246 (+0.5%)
$34,290 + $63,060
$97,350
2021
$1,240 (+2.4%)
$34,290 + $63,060
$97,350
2020
$1,211 (+18.7%)
$34,290 + $63,060
$97,350
2018
$1,020 (+0.7%)
$22,860 + $52,360
$75,220
2017
$1,013 (+3.6%)
$22,860 + $52,360
$75,220
2016
$978 (+17.8%)
$22,860 + $52,360
$75,220
2014
$830 (−19.6%)
$20,340 + $39,660
$60,000
2013
$1,032 (+2.3%)
$20,340 + $56,557
$76,897
2012
$1,009 (+0.7%)
$20,340 + $56,557
$76,897
2011
$1,002
$20,340 + $56,557
$76,897
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.52 Acres
Year renovated
—
Sq. Ft.
1,056
Year built
1945
Style
Single Family Residential
County
Durham County
APN
131388
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 17, 2026.
RS-8
F/J-B
Residential Suburban Districts
The RS Districts are established to provide for orderly suburban residential development and redevelopment. A limited number of nonresidential uses are allowed, subject to the restrictions necessary to preserve the character of the suburban neighborhood. Multifamily development is permitted in areas designated RS-M, which should have convenient access to arterial streets and nearby civic, commercial or employment uses.
Zone overlays
Watershed Protection Overlay - Falls/Jordan District B
Permitted uses
Include but are not limited to:
Agriculture
Community / recreation center
Feb 27, 2012 • Final
Electrical
Electrical
Feb 23, 2012 • Final
Electrical
Install electrical circuits for a heating unit and a central air conditioning unit.
Electrical
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: Driveway, Gravel
Interior
Bathroom Information
Bathrooms Full: 1
Bedroom Information
Bedrooms Total: 2
Interior Features
Appliances: Electric Water Heater
Flooring: Carpet, Combination, Wood
Exterior
Building Information
Construction Materials: Wood Siding
Building Area Total: 1056.0
Structure Type: Site Built
Property information
Above Grade Finished Area: 1056.0
Below Grade Finished Area: 0.0
Levels: One
Ownership Type: Other
Lot Information
Lot Size Acres: 0.52
Lot Size Area: 0.52
Lot Size Dimensions: 85x100x246
Lot Size Square Feet: 22825.44
Lot Size Units: Acres
Financial
Tax Information
Tax Annual Amount: 1210.0
Financial Information
Buyer Financing: Cash
Utilities
Heating & Cooling
Heating: No
Heating Information: Electric, Natural Gas, None
Cooling: No
Cooling Information: None
Location
HOA Information
Association: No
Association Fee: 0.0
Association Fee 2: 0.0
School Information
Elementary School: Durham - Merrick-Moore
Middle Or Junior School: Durham - Neal
High School: Durham - Southern
Location Information
County Or Parish: Durham
Directions: East on Holloway, North on Junction, East on Ross
Latitude: 35.992128
Longitude: -78.855008
Postal Code: 27703
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,056
Stories: 1.0
Lot Size: 0.52 acres
Style: Single Family Residential
Year Built: 1945
Year Renovated: —
County: Durham County
APN: 131388
Home facts updated by county records on Jul 17, 2026
Other
Listing Date Information
Contract Status Change Date: 2020-01-04
Documents Change Timestamp: 2024-06-17T22:13:13Z
Around this home
Schools
Oak Grove Elementary
Public PreK-5 • Assigned • 2.2mi
7/10
Neal Middle
Public 6-8 • Assigned • 4.2mi
5/10
Southern School of Energy and Sustainability
Public 9-12 • Assigned • 1.6mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 106° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Durham, NC • 27703
Average low and high temperatures (°F)
49
29
55
35
71
46
78
54
78
59
90
68
91
74
82
67
81
64
72
51
66
44
53
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$225,000 – $273,000
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