Date
Details
Price
Change
Source
12/18/2025
Listed
$199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$199,000
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Property Description
Prime investment opportunity in an up-and-coming area of Durham near the Animal Protection Society of Durham . Well-suited for investors seeking a long-term rental or future value appreciation in a neighborhood benefiting from continued growth and nearby improvements. The property is currently occupied by long-term tenants on a month-to-month lease, offering flexibility for an investor to maintain the current rental use or make strategic improvements over time. The home and lot provide solid fundamentals that support multiple investment approaches. Sold as-is. Pricing reflects current condition and market opportunity. Convenient access to downtown Durham, major roadways, and surrounding redevelopment areas adds to its long-term appeal. Opportunities like this in transitioning Durham neighborhoods are becoming increasingly hard to find. The home next door at 2720 Thelma Street is also available, creating an attractive option for portfolio-minded buyers.
Full Property Details
Full Property Details for 2718 Thelma St
General
- Price: $199,000
- Taxes: $1,480
- Status: Active
- Type: Single Family
- Source: 2218
- MLS ID: 10137837
- Updated: 1/5/2026
- Added to Site: 29 day(s) ago
Rental Information
- Lease/Rent Term: Month To Month
Interior
- Number of Rooms: 5
- Appliances: Electric Oven, Electric Water Heater
- Flooring: Carpet, Laminate, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
Exterior
- Exterior Features: Awning(s)
- Porch/Patio/Deck: Awning(s)
Parking
- Parking Features: Driveway
Location
- County: Durham
- Subdivision: Bailey Thomas
- Driving Directions: Follow I-40 and I-885 to Cheek Rd in Durham. Take exit 12 from I-885 Take Midland Terrace to Thelma St
- City Limits: Yes
School Information
- Elementary School: Durham - Sandy Ridge
- Middle School: Durham - Lucas
- High School: Durham - Northern
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Attic Fan, Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Bungalow
- Structure Type: House, Site Built
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Roof: Shingle
- Common Walls: No Common Walls
- Building Size: 754
- Square Feet: 754
- Finished Above Grnd: 754 Sq. Ft.
- Year Built: 1967
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276.4
- Frontage: City Street
- Street/Road Desc.: Asphalt
- Lot Features: Back Yard, Front Yard
- Zoning: R-5
Financial Considerations
- Tax Amount: $1,480.42
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 129892
- Lot Number: 4
Listed by LPT Realty, LLC, Richard Burghgraef (312) 498-8340
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Listing agent
— 2718 Thelma St —
Richard Burghgraef
LPT Realty, LLC
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 2718 Thelma St
School District:Durham Public Schools
| Name | Grades | Distance |
|---|---|---|
Glenn Elementary 2415 East Geer Street, Durham, NC 27704 | K-5 | 1.9 mi |
Lucas Middle School 923 Snow Hill Road, Durham, NC 27704 | 6-8 | 5.3 mi |
Northern High 117 Tom Wilkinson Road, Durham, NC 27712 | 9-12 | 4.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2718 Thelma St
Tax History
Tax History for 2718 Thelma St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,480
6%
$149,341
49%
2024
$1,396
6%
$100,076
—
2023
$1,311
2%
$100,076
—
2022
$1,281
—
$100,076
—
2021
$1,275
2%
$100,076
—
2020
$1,245
—
$100,076
—
2019
$1,245
44%
$100,076
57%
2018
$865
1%
$63,758
—
2017
$858
3%
$63,758
—
2016
$830
-9%
$63,758
-3%
2015
$908
—
$65,609
—
2014
$908
3%
$65,609
—
2013
$880
—
$65,609
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2718 Thelma St
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2718 Thelma Street, Durham, NC 27704 (MLS# 10137837) is a Single Family property with 2 bedrooms and 1 full bathroom. 2718 Thelma Street is currently listed for $199,000 and was received on December 18, 2025. Want to learn more about 2718 Thelma Street? Do you have questions about finding other Single Family real estate for sale in Durham? You can browse all Durham real estate or contact a Coldwell Banker agent to request more information.