431 Eugene StreetDurham, NC 27701

Description

Built in 1920, this three-bedroom ranch-style home offers a unique opportunity for a homeowner, investor, builder, or developer. The existing residence features a spacious great room, separate living room, eat-in kitchen, utility/laundry room, and four original fireplaces that are currently closed off. Rich in character and ready for a new vision, the home may be renovated, restored, or incorporated into a broader redevelopment plan. Currently zoned RU-5(2), the property has a standard minimum lot requirement of 5,000 square feet and a minimum lot width of 75 feet. It may also qualify for the Urban Tier Small Lot Option, with a reported minimum lot area of 2,000 square feet and minimum width of 25 feet. Based on the information provided, this option may permit up to 12,000 square feet of above-grade structure, with a maximum 800-square-foot building footprint and no impervious-surface limitation. A flag-lot configuration may be necessary to provide ingress and egress for potential construction behind the existing residence. Whether you are searching for a historic ranch home to renovate, an investment property, or a potential infill-development opportunity, this property offers compelling possibilities. Buyers and developers should independently verify all zoning provisions, measurements, subdivision potential, permitted uses, utility capacity, access requirements, and development standards with the appropriate planning and zoning authorities. Schedule a private showing and explore the potential.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Structure type

House

Year built

1920

Living area

1,472 Sq Ft

Lot size

0.22 acres

Zoning

R-3

Days on market

5

MLS^® Listing#

10194232

Property Features

Interior

High Speed Internet

Appliances

Range · Refrigerator

Cooling

Central Air

Heating

Central · Forced Air · Heat Pump

Flooring

Laminate · Wood

Basement

Crawl Space

Parking

Driveway · Gravel

Laundry

Laundry Closet · Main Level

Patio

Front Porch · Patio

Lot features

Back Yard · City Lot · Front Yard · Few Trees

Construction

Brick · Vinyl Siding

Roof

Shingle

Sewer

Public Sewer

Water source

Public

Rooms

Schools

Elementary

Durham - Burton Elementary

Middle

Durham - Rogers Herr Middle

High

Durham - Hillside High

Financial Details

HOA

None

Annual taxes

$2,689Tax year 2026

Assessed value

$271,292

Parcel number

119070

• SEP27Sunday, Sep 271:00–3:00 PMAdd to calendar