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

512 Gray Ave
Durham, NC 27701

Cleveland-Holloway
  • 3 Beds
  • 2 Baths
  • 1,541 sqft

$520,900

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $3,077/mo*

$520,900

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $3,077/mo*
3 Beds
2 Baths
1,541 sqft

Home Value

Trulia Estimate
$521K
Since last month
Decreased$8K (-1.4%)
Since last year
Decreased$7K (-1.3%)
Since last sale
Increased$108K (+26.4%)
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 +100% in the last 10 years
MonthEstimated value
2026
August 2026$518K
July 2026$526K
June 2026$534K
May 2026$524K
April 2026$523K
March 2026$518K
February 2026$511K
January 2026$487K
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
0.01
Single-Family Home
$565,000
03/23/26
3
2
1,412
0.06
Single-Family Home
$460,000
05/26/26
3
2
1,277
0.08
Single-Family Home
$456,500
03/25/26
3
2
1,570
0.14
Single-Family Home
$290,000
12/19/25
3
2
1,307
0.09
Single-Family Home
$485,000
01/14/26
2
2
1,450
0.09
Single-Family Home
$489,500
03/26/26
3
2.5
1,536
0.09
Single-Family Home
$662,500
06/26/26
3
2.5
1,678
0.36
Single-Family Home
$480,000
05/11/26
3
2
1,531
0.12
Single-Family Home
$579,000
08/10/26
3
2.5
1,714
0.24
Single-Family Home
$307,000
01/06/26
3
2
1,242

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
0.03
$916,000
4
3.5
2,614
Off Market
0.01
$565,000
3
2
1,412
Recently Sold
0.04
$686,800
4
2.5
2,110
Off Market
0.05
-
-
-
-
Off Market
0.03
$569,100
4
2.5
1,810
Off Market
0.07
$640,900
3
2.5
1,829
Off Market
0.05
$699,500
4
2.5
2,162
Off Market
0.06
$564,000
3
2
1,403
Off Market
0.06
$460,000
3
2
1,277
Recently Sold
0.04
-
-
-
-
Off Market
0.09
$557,400
3
2.5
1,548
Off Market
0.05
$500,500
3
2
1,161
Off Market

Local Information

  • Map ViewExplore the area around 512 Gray Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1934
Living Area
1,541 sqft
Price/Sqft
$338

About this House

"CLASSIC CRAFTSMAN COLLEGE" that is walkable to downtown Durham. Carefully RESTORED 3BR/2BA with high ceilings and ARCHITECTURAL DETAILS from the 1930s, including original HEART PINE FLOORS, but with a MODERN OPEN FLOOR PLAN and a kitchen looking out onto the EXPANSIVE TWO-TIER DECK and large shaded back yard. This RESTORED classic craftsman cottage has a warm rich feeling of history but with all the modern conveniences, in the HEART of Durham. Welcome home!
512 Gray Ave, Durham, NC 27701 is a 3 bedroom, 2 bathroom, 1,541 sqft single-family home in Cleveland-Holloway, built in 1934. It last sold for $410,000 on Sep 15, 2020. More recently, it was listed as a rental in April 2018 with an asking price of $1,900 per month. That rental listing was removed on June 29, 2018. It is currently off market. The Trulia Estimate is $520,900, with a rent estimate of $2,132/month.

Home Details for 512 Gray Ave

Interior Features

Heating & Cooling
Heating: Baseboard, GasAir ConditioningCooling System: CentralHeating Fuel: Baseboard
Interior Details
Number of Rooms: 6
Appliances & Utilities
DryerWasher
Levels, Entrance, & Accessibility
Floors: Tile, Hardwood

Exterior Features

Exterior Home Features
Roof: MetalExterior: Wood

Property Information

Year Built
Year Built: 1934
Property Type / Style
Property Type: Single Family HomeArchitecture: Craftsman

Community

Units in Building: 1

Lot Information

Lot Area: 7405 sqft

Price and Tax history

DateEventPrice
Sep 15, 2020
Source: Doorify MLS #2336102
Sold
$410,000
Aug 12, 2020
Source: Agent Provided
Pending
$409,900
Aug 9, 2020
Source: Agent Provided
Listed For Sale
$409,900
Jun 29, 2018
Source: Agent Provided
ListingRemoved
$1,900
Apr 25, 2018
Source: Agent Provided
Listed For Rent
$1,900

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 512 Gray Ave

  • What is 512 Gray Ave estimated to be worth?
    Trulia's estimated value for 512 Gray Ave in Durham, NC is $520,900.
  • What is the price history for 512 Gray Ave?
    512 Gray Ave in Durham, NC last sold for $410,000 in September 2020.
  • 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.
  • Does 512 Gray Ave have air conditioning?
    Yes, 512 Gray Ave in Durham, NC has air conditioning.
  • Does 512 Gray Ave have laundry facilities?
    Yes, 512 Gray Ave in Durham, NC has in-unit laundry.

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