408 Gray Ave, Durham, NC 27701
Property image
Property image
FOR SALE
NEW
OPEN SUN, 2-4PM

$700,000

  • 3 Beds
  • 2 Baths
  • 1,732 sqft

408 Gray Ave, Durham, NC 27701

Cleveland-Holloway
Est. Mortgage $4,180/mo*
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Home Highlights

Single-Family Home
Built in 1922
$404/sqft
Open Parking

Local Information

  • Map ViewExplore the area around 408 Gray Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Own a little piece of Durham history with this updated 1922 bungalow. A rare find: this property includes a recently built ADU with a full bedroom, bathroom, kitchen, and in-unit laundry. This beautifully appointed space offers potential rental income, or a private in-law dwelling. At the main house, you'll find wood floors throughout, high ceilings, abundant natural light, and spacious rooms. The primary suite features an epic walk-in closet. Outside the classic front porch is the perfect spot for autumnal nights and viewing the thoughtfully tended front garden full of pollinator friendly native plants. The fully fenced yard adds privacy and a great spot for your four-legged family members. Don't miss the solar panels for energy efficiency and power bill savings. Last but not least, this is the prime location for those among us who know downtown Durham is the place to be in the Triangle if you're seeking good food, vibrant culture, and tons to do. 408 Gray is *less than one mile* away from the heart of the city.
Last check for updates: about 2 hours ago
Listing courtesy of Julia Newbold, (919) 619-7962
Nest Realty of the Triangle
Source: Doorify MLS, MLS#10192016
Also Listed on Doorify MLS.

Open House

Sunday, September 13
2:00 PM to 4:00 PM

Home Details for 408 Gray Ave

Interior Features

Interior Details
Number of Rooms: 12Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Master Bathroom, Bathroom 2, Bathroom 3, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 1732 Square Feet
Appliances & Utilities
Laundry: In Hall,Multiple Locations,In Unit
Heating & Cooling
Heating: Active Solar,Electric,Heat PumpHas CoolingAir Conditioning: Heat PumpHas HeatingHeating Fuel: Active Solar
Windows, Doors, Floors & Walls
Flooring: Concrete, Tile, WoodCommon Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Concrete, Tile, Wood
View
No View

Exterior Features

Exterior Home Features
Roof: Architectural ShinglePatio / Porch: Covered, Front PorchFencing: WoodExterior: Fenced YardFoundation: Crawlspace
Parking & Garage
No GarageHas Open ParkingParking: Driveway,Gravel,On Street
Frontage
Responsible for Road Maintenance: Public Maintained Road
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1732 Square Feet

Days on Market

Days on Market: 2

Property Information

Year Built
Year Built: 1922
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: Site BuiltArchitecture: Bungalow
Building
Construction Materials: Fiber CementNot a New Construction
Property Information
Parcel Number: 110643

Price & Status

Price
List Price: $700,000Price Per Sqft: $404
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: Durham
School Information
Elementary School: Durham - George Watts ElementaryJr High / Middle School: Durham - Brogden MiddleHigh School: Durham - Riverside High

Agent Information

Listing Agent
Listing ID: 10192016

Building

Building Area
Building Area: 1732 Square Feet

HOA

No HOA

Lot Information

Lot Area: 6098.4 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Submit

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: 10192016Above Grade Unfinished Area: 1732Start Showing Date: Sat Sep 12 2026

Additional Information

Source Internet Entire Listing Display

Around this home

Neighborhood Overview

Cleveland-Holloway
See Local Highlights
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. "
    4
    Flag
  • 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."
    101
    Flag
  • 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."
    19
    Flag
  • 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."
    22
    Flag
  • 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"
    43
    Flag
  • 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 "
    0
    Flag
  • 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. "
    0
    Flag
  • 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!"
    0
    Flag

Market trends in Durham

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$410K
$1.67KMoM
Sale-to-List Price
98.9%
0.3%MoM
Price per sq ft
$230
$2MoM
Available listings
1187
19MoM

Home Value

Trulia Estimate
$680K
Since last month
Increased$78K (+12.9%)
Since last year
Increased$92K (+15.7%)
Since last sale
Increased$205K (+43.1%)
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 +185% in the last 10 years
MonthEstimated value
2026
September 2026$680K
August 2026$594K
July 2026$602K
June 2026$611K
May 2026$603K
April 2026$600K
March 2026$601K
February 2026$593K
January 2026$572K
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
1007 Hazel St, Durham, NC
0.14
Single-Family Home
$456,500
03/25/26
3
2
1,570
608 Canal St, Durham, NC
0.09
Single-Family Home
$460,000
05/26/26
3
2
1,277
510 Gray Ave, Durham, NC
0.08
Single-Family Home
$565,000
03/23/26
3
2
1,412
807 N Elizabeth St, Durham, NC
0.05
Single-Family Home
$662,500
06/26/26
3
2.5
1,678
1206 Gearwood Ave, Durham, NC
0.20
Single-Family Home
$579,000
08/10/26
3
2.5
1,714
1109 N Elizabeth St, Durham, NC
0.35
Single-Family Home
$480,000
05/11/26
3
2
1,531
303 Lyric St, Durham, NC
0.19
Single-Family Home
$500,000
07/01/26
3
2
1,369
605 Dowd St, Durham, NC
0.19
Single-Family Home
$282,000
04/21/26
4
2
1,974
314 Gray Ave, Durham, NC
0.11
Single-Family Home
$675,000
04/01/26
3
2.5
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
507 Canal St, Durham, NC 27701
0.02
$553,600
3
2.5
1,548
Off Market
404 Gray Ave #B, Durham, NC 27701
0.02
$467,000
2
2.5
1,304
Off Market
805 N Elizabeth St, Durham, NC 27701
0.05
$293,500
2
2
1,232
Off Market
506 Gray Ave, Durham, NC 27701
0.06
$916,000
4
3.5
2,614
Off Market
807 N Elizabeth St, Durham, NC 27701
0.05
$662,500
3
2.5
1,678
Recently Sold
605 Canal St, Durham, NC 27701
0.06
$682,400
4
2.5
2,110
Off Market
324 Gray Ave, Durham, NC 27701
0.06
$699,500
4
2.5
2,067
For Sale
505 Gray Ave #2, Durham, NC 27701
0.07
-
-
-
-
Off Market
502 Canal St, Durham, NC 27701
0.06
$299,000
4
2
1,289
For Sale
811 N Elizabeth St, Durham, NC 27701
0.07
$436,500
3
2.5
1,220
Off Market
901 Gurley St #E, Durham, NC 27701
0.06
$799,000
3
3.5
2,090
For Sale

Price and Tax history

DateEventPrice
Sep 12, 2026
Source: Doorify MLS #10192016
Listed For Sale
$700,000
May 26, 2021
Source: N/A
Sold
$475,000
Apr 24, 2021
Source: Coldwell Banker Advantage #2378438
Pending
$434,900
Apr 22, 2021
Source: Coldwell Banker Advantage #2378438
Listed For Sale
$434,900
May 1, 2018
Source: N/A
Sold
$344,000

LGBTQ Local Legal Protections

Julia Newbold, Nest Realty of the Triangle
Agent Phone: (919) 619-7962
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
Copyright 2026 Doorify MLS of North Carolina. All rights reserved.

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Frequently asked questions about 408 Gray Ave

  • What is the estimated monthly payment for 408 Gray Ave?
    Based on a $700,000 list price with 20% down at today's rates, the estimated monthly payment for 408 Gray Ave in Durham, NC is approximately $4,282 (about $3,764 principal & interest, $443 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 408 Gray Ave compare to homes in Durham?
    408 Gray Ave in Durham, NC is listed at $700,000, about 71% above the $410K median sale price in Durham.
  • What are the closest schools to 408 Gray Ave?
    The closest schools to 408 Gray Ave in Durham, NC are Brogden Middle (rated 5/10), George Watts Elementary (Pre-K, rated 8/10), Riverside High School (rated 3/10).
  • What is 408 Gray Ave estimated to be worth?
    Trulia's estimated value for 408 Gray Ave in Durham, NC is $679,800.
  • Does 408 Gray Ave have air conditioning?
    Yes, 408 Gray Ave in Durham, NC has air conditioning.
  • Does 408 Gray Ave have laundry facilities?
    Yes, 408 Gray Ave in Durham, NC has laundry facilities.
408 Gray Ave, Durham, NC 27701 is a 3 bedroom, 2 bathroom, 1,732 sqft single-family home built in 1922. 408 Gray Ave is located in Cleveland-Holloway, Durham. This property is currently available for sale and was listed by Doorify MLS on Sep 10, 2026. The MLS # for this home is MLS# 10192016.