1507 Echo Road, Durham, NC 27707
Not in a Subdivision · Durham County
Key Facts
Description
Investor alert. Prime opportunity in one of Durham's most desirable locations. This 2-bedroom, 1-bath renovation project is already taken down to the studs with major rough-ins completed -- saving significant time and upfront costs. Framing and key infrastructure improvements are already in place, allowing investors to move straight into the finish phase. Ideal for fix-and-flip, long-term rental, or resale. Strong area comps and high demand make this a compelling value-add opportunity. Bring your vision and complete the project to maximize returns. Property sold as-is. Cash or renovation financing preferred.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Structure Type
House
Year Built
1948
Living Area
779 sq ft
Lot Size
0.19 acres
Zoning
R-10
Days on Market
99
MLS® Listing#
10158424
Property Features
Cooling
Heating
Flooring
Construction
Roof
Sewer
Water Source
Rooms
- Bedroom 211 x 7.11Main
- Living Room12.11 x 11.7Main
- Master Bedroom12.11 x 9.1Main
Schools
- Elementary:
- Durham - Lakewood Elementary
- Middle:
- Durham - Brogden Middle
- High:
- Durham - Charles E Jordan Sr High School
Financial Details
HOA
None
Annual Taxes
$4,110
Tax year 2026
Assessed Value
$332,781
Parcel Number
107795
Directions
From Interstate 40 (I-40) Take Exit 270 for US-15/US-501 toward Durham/Chapel Hill Head north on US-15/501 (Durham-Chapel Hill Blvd) Continue for about 2 miles Turn right onto University Dr Go about 0.5 miles, then turn left onto Echo Rd Continue on Echo Rd for about 0.3 miles 1507 Echo Rd will be on your right
Affordability Calculator
$64,000
Estimated monthly payment
$1,703/mo
Principal $256,000 · Est. interest $357,143 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Durham, NC
- $444,706
- Median Listing Price
- 63
- Median Days on Market
- 1,865
- Median Sq Ft
- $227
- Median Price / Sq Ft
- 1,308
- Active Listings
- This home’s price is 28% below the area median.
- Its price per sq ft is 81% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Durham, NC.
Location
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Points of Interest in Durham, NC
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Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4101 Five Oaks Drive Unit 38, Durham, NC | $224,500 | 2 | 3 | 1,256 |
| 3014 Ruth Street, Durham, NC | $225,000 | 2 | 2 | 863 |
| 300 Finsbury Street 115, Durham, NC | $225,000 | 1 | 1 | 824 |
| 3230 Ivey Wood Lane, Durham, NC | $225,000 | 2 | 3 | 1,120 |
| 3622 Colchester Street 8, Durham, NC | $229,000 | 2 | 2 | 1,000 |
| 5008 Rainmaker Drive, Durham, NC | $229,000 | 2 | 3 | 1,297 |
Moving Cost Estimate
EXIT Agents in Durham
Listing Courtesy: Elevation Realty, LLC - 3362121054
Last Updated: 2026-04-09