518 Gray Ave, Durham, NC 27701
OFF MARKET

518 Gray Ave
Durham, NC 27701

Cleveland-Holloway
  • 2 Beds
  • 1 Bath
  • 1,280 sqft

$253,000

Trulia Estimate
as of Jul 5, 2026
Est. Refi. Payment $1,498/mo*
Refinance Your Home

$253,000

Trulia Estimate
as of Jul 5, 2026
Est. Refi. Payment $1,498/mo*
Refinance Your Home
2 Beds
1 Bath
1,280 sqft

Local Information

  • Map ViewExplore the area around 518 Gray Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Great older home near downtown Durham.
518 Gray Ave, Durham, NC 27701 is a 2 bedroom, 1 bathroom, 1,280 sqft single-family home in Cleveland-Holloway, built in 1920. More recently, it was listed as a rental in September 2018 with an asking price of $1,200 per month. That rental listing was removed on March 20, 2021. It is currently off market. The Trulia Estimate is $253,000, with a rent estimate of $1,552/month.

Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 518 Gray Ave

Interior Features

Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood
Appliances & Utilities
DryerWasher
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Exterior Features

Parking & Garage
Parking: Off Street

Community

Units in Building: 1

Lot Information

Lot Area: 3484 sqft

Price History for 518 Gray Ave

DatePriceEventSource
03/20/2021ListingRemovedN/A
09/07/2018$1,200ListingRemovedN/A
09/05/2018$1,200Listed For RentN/A

Market trends in Durham

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$380K
$8.33KMoM
Sale-to-List Price
98.9%
0.5%MoM
Price per sq ft
$223
$2MoM
Available listings
1226
22MoM
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Property Tax and Assessment

Year2025
Tax$3,154
Assessment$318,208
Home facts updated by county records

Comparable Sales for 518 Gray Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
602 Gray Ave, Durham, NC
0.02
Single-Family Home
$505,000
07/09/25
3
2
1,161
601 Gurley St, Durham, NC
0.21
Single-Family Home
$165,000
11/10/25
2
1
920
1213 Hazel St, Durham, NC
0.07
Single-Family Home
$495,000
09/26/25
3
2.5
1,491
707 Gray Ave, Durham, NC
0.11
Single-Family Home
$290,000
12/19/25
3
2
1,307
510 Gray Ave, Durham, NC
0.04
Single-Family Home
$565,000
03/23/26
3
2
1,412
608 N Elm St, Durham, NC
0.47
Single-Family Home
$105,000
06/03/26
2
1
968
311 Edward St, Durham, NC
0.38
Single-Family Home
$190,000
10/08/25
2
1
1,228
608 Canal St, Durham, NC
0.08
Single-Family Home
$460,000
05/26/26
3
2
1,277
303 Lyric St, Durham, NC
0.25
Single-Family Home
$500,000
07/01/26
3
2
1,369
407A Edward St, Durham, NC
0.41
Single-Family Home
$374,000
05/12/26
2
1
1,133

Nearby homes

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Assigned Schools

These are the assigned schools for 518 Gray Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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!"
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Homes for sale near 518 Gray Ave

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Off Market Homes Near 518 Gray Ave

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