312 Gray Ave, Durham, NC 27701
Property image
Property image
OFF MARKET

312 Gray Ave
Durham, NC 27701

Cleveland-Holloway
  • 4 Beds
  • 2 Baths
  • 1,450 sqft

$265,600

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $1,596/mo*

$265,600

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $1,596/mo*
4 Beds
2 Baths
1,450 sqft

Home Value

Trulia Estimate
$266K
Since last month
Increased$2K (+0.7%)
Since last year
Increased$10K (+3.6%)
Since last sale
Increased$234K (+584.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +126% in the last 10 years
MonthEstimated value
2026
August 2026$274K
July 2026$272K
June 2026$273K
May 2026$272K
April 2026$266K
March 2026$267K
February 2026$269K
January 2026$263K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.27
Multi-Family Home
$380,000
05/13/26
4
2
1,500
0.40
Multi-Family Home
$370,000
05/28/26
4
2
1,540
0.51
Multi-Family Home
$111,000
11/21/25
4
2
1,292
0.27
Multi-Family Home
$340,000
09/12/25
4
2
1,490
0.78
Multi-Family Home
$200,000
08/20/25
3
2
1,435
0.38
Multi-Family Home
$910,000
03/31/26
4
4
3,000
0.50
Multi-Family Home
$175,000
03/31/26
2
3
1,512
0.83
Multi-Family Home
$425,000
10/10/25
4
2
1,862
1.07
Multi-Family Home
$140,710
12/29/25
4
2
2,100
0.59
Multi-Family Home
$500,000
02/10/26
3
3.5
2,331

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.01
$675,000
3
2.5
2,331
Recently Sold
0.02
$988,800
4
3.5
2,625
Off Market
0.05
$812,000
4
2.5
2,500
Off Market
0.06
$715,000
4
2.5
2,067
For Sale
0.06
$749,000
3
2.5
1,980
For Sale
0.08
$789,000
3
3.5
2,090
For Sale
0.08
$779,000
3
3.5
2,090
For Sale
0.07
$708,000
3
3
2,525
Recently Sold
0.07
$706,300
3
2
1,651
Off Market
0.07
$875,000
4
3.5
2,382
For Sale
0.08
$1,267,500
3
3.5
2,410
Off Market
0.08
$923,400
2
2.5
1,855
Off Market

Local Information

  • Map ViewExplore the area around 312 Gray Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1965
Living Area
1,450 sqft
Price/Sqft
$183

About this House

This is a Real Estate-Owned (REO)/post-foreclosure home owned by a bank. Offers significantly less than market value are often accepted.
312 Gray Ave, Durham, NC 27701 is a 4 bedroom, 2 bathroom, 1,450 sqft multi-family in Cleveland-Holloway, built in 1965. It last sold for $40,000 on Dec 1, 2010. It is currently off market. The Trulia Estimate is $265,600, with a rent estimate of $2,538/month.

Home Details for 312 Gray Ave

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1965
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 2

Lot Information

Lot Area: 5140 sqft

Price and Tax history

DateEventPrice
Jul 7, 2011
Source: Agent Provided
ListingRemoved
$19,000
May 19, 2011
Source: Agent Provided
PriceChange
$19,000
Price increased by 0%
May 5, 2011
Source: Agent Provided
Listed For Sale
$0
Dec 1, 2010
Source: N/A
Sold
$40,000
Oct 10, 2005
Source: N/A
Sold
$90,000

Market trends in Durham

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$413K
$12.83K
MoM
Sale-to-List Price
99.2%
0.2%
MoM
Price per sq ft
$233
$3
MoM
Available listings
1163
43
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Cleveland-Holloway

  • 77bluewater1
    "I've lived in this neighborhood for 5 years. Love living in this neighborhood and it is in the perfect location. Easily get Downtown, shopping and RTP. "
  • Heather Czechowski
    "I have lived in this neighborhood for 3 years. The townhome community is always quiet and neighbors are always friendly. It is centrally located, so it is an easy commute to places in Durham, but also Chapel Hill and Cary. There are plenty of shops and restaurants nearby. The HOA does a great job maintaining the grounds as well. It is a great place for young professionals and/or young families."
  • Maggie M.
    "Walkable to downtown and by car, Cleveland-Holloway is 25 minutes to UNC, 10 minutes to Duke, 10 minutes to NCCU, 15 to the airport and 45 to Raleigh."
  • Tim H. R. G.
    "Awesome Area Of Downtown Durham. Close to the action and places to go out, but still 'feels' like a real neighborhood."
  • Ashton R.
    "People drive really fast with zero concern that it’s a neighborhood bc it’s a shortcut to the highway from all the one way streets downtown"
  • Katherine L.
    "We look out for each other and we care about making our city better long term. More work needs to be done but I am proud to live here "
  • Katherine L.
    "people really try to take care of each other save the elitists with money. good things happen here as often as bad things just like anywhere. Infinite possibility means miracles happen on a regular basis. i feel supported by people showing out to tell each other we are here for one another. "
  • Susana D.
    "Why live in surburbia when I can walk to world-class entertainment and restaurants, visit the Durham Central Park Farmer's Market, be a 5-minute walk from the gym? This is GREAT urban living. I love Durham!"

LGBTQ Local Legal Protections

Frequently asked questions about 312 Gray Ave

  • What is 312 Gray Ave estimated to be worth?
    Trulia's estimated value for 312 Gray Ave in Durham, NC is $265,600.
  • What is the price history for 312 Gray Ave?
    312 Gray Ave in Durham, NC last sold for $40,000 in December 2010.
  • Is Durham a buyer's or seller's market?
    Durham is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Durham?
    The median sale price in Durham is $413K. That is up $12.83K from the prior month.

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