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PRIME DEVELOPMENT OPPORTUNITY LAND AND RENTAL PORTFOLIO MINUTES FROM DOWNTOWN DURHAM! Exceptional investment and development opportunity in one of Durham's growing areas! This portfolio includes 1508, 1510, and 1512 N. Alston Avenue, along with 804 Lee Street, offering exciting possibilities for investors, builders, and developers. The N. Alston Avenue properties currently feature two duplexes with rental income of $625 per month per side, offering existing income while exploring future development opportunities. A feasibility study and preliminary site plan are available in the listing documents, outlining several potential development options prior to the approval o...f SCAD (Simplifying Codes for Affordable Development), including: An 18 unit apartment community. A 7unit townhome community. Subdivision into nine buildable lots. With the adoption of SCAD, additional density and development opportunities may now be possible, creating even greater potential for this property. Buyers are encouraged to review the attached SCAD information and verify development possibilities with the City of Durham. Conveniently located just minutes from vibrant downtown Durham, major highways, shopping, dining, and surrounding areas experiencing significant growth and redevelopment. Whether you're looking to expand your investment portfolio or capitalize on Durham's continued growth, this is an opportunity worth exploring! Bring your vision and discover the possibilities this unique land portfolio has to offer.

Doorify MLS of North Carolina, MLS#: 10202773
Listed By: Keller Williams Elite Realty, Stacy Slone

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Bedrooms

  • Total Bedrooms: 4

Bathrooms

  • Full bathrooms: 4

Construction Materials

  • Wood Siding

Cooling

  • Other

Fencing

  • None

Flooring

  • Carpet

Heating

  • None

Levels

  • One

Lot Features

  • Corner Lot
  • Open Lot

Parking Features

  • See Remarks

Road Responsibility

  • Public Maintained Road

Roof

  • Shingle

Sewer

  • Public Sewer

Structure Type

  • Duplex
  • Other

WaterSource

  • Public
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Listed By:
Keller Williams Elite Realty
Stacy Slone

Data Source: Doorify MLS of North Carolina

MLS#: 10202773

Data Source Copyright: © 2026 Doorify MLS of North Carolina All rights reserved.

© 2026 Doorify MLS of North Carolina. All rights reserved.

This property was listed on 11/11/2026 and last updated as of 11/11/2026 11:28:43 AM. OSI IDX updated the data from Doorify MLS of North Carolina on 11/14/2026 at 5:45 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.