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$450,000
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Property Description
Major Opportunity Alert for Builders, Developers & Investors in Durham's Federal Opportunity Zone Unlock rare potential with two adjoining parcels at 430 Sowell Street and 429 Lakeland Street (MLS #10127869), Zoning RU-5(2), nestled in the heart of Durham's most rapidly transforming neighborhood. Together, they present a prime redevelopment opportunity within a Federal Opportunity Zone, offering unbeatable positioning, flexibility, and growth potential. These adjoining properties, covering a corner-to-corner section, of a city block, lie in Durham's Urban Tier, qualifying for the Small Lot Option under city zoning, ideal for infill construction, small-lot single-family homes, townhouses, or a creative clustered site plan. With existing curb cuts, utilities at the street, and New Construction homes already completed next door and just 300 yards away, the comparables and momentum are strong. Verify options with Durham Planning Dept. Strategically located on the R. Kelly Bryant Bridge Trail, directly across from Burton Magnet Elementary School, and minutes from Downtown Durham, NCCU, and major redevelopment corridors-this area embodies the next wave of growth and community revitalization. Endless potential awaits: Redevelop, build out a multi-home collection, or update the existing residence for cash flow while finalizing plans. This pairing, 430 Sowell + 429 Lakeland, represents a turnkey entry point for small to mid-size builders and investors seeking immediate upside in one of Durham's most promising growth pockets.
Full Property Details
Full Property Details for 430 Sowell St
General
- Price: $450,000
- Taxes: $323
- Status: Active
- Type: Lots/Land
- Source: 2218
- MLS ID: 10127865
- Updated: 12/15/2025
- Added to Site: 96 day(s) ago
Location
- County: Durham
- Subdivision: Not in a Subdivision
- Driving Directions: From Hwy 147 take AlstonAve. exit. Turn left onto S. Alston Ave.Make left on Linwood Ave. Proceed left on Linwood around curve until Lakeland is reached. House is on the corner of Lakeland & Mathson.
- City Limits: Yes
School Information
- Elementary School: Durham - Burton
- Middle School: Durham - Lowes Grove
- High School: Durham - Hillside
Community
- Assoc. Fees Include: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Available, Natural Gas Available, Phone Available
Structural Information
- Current Bldg. Use: Vacant
Additional Structures
- Other Structures: None
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,969.6
- Lot Dimensions: 30 x 182 x 36 x 16
- Frontage: City Street, See Remarks
- Street/Road Desc.: Paved
- Fence: Yes
- Lot Features: City Lot, Cleared, Corner Lot, Level, Open Lot
- Best Use: Development
- Zoning: RU-5(2)
- Fencing (Description): Chain Link
Financial Considerations
- Price Per Acre: $2,812,500
- Tax Amount: $323
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 119057
- Lot Number: 75
Listed by Brokers United Realty, Carol Small (919) 923-2637
Get Pre-Approved Today
Schools
Schools serving 430 Sowell St
School District:Durham Public Schools
| Name | Grades | Distance |
|---|---|---|
Bethesda Elementary 2009 South Miami Boulevard, Durham, NC 27703 | K-5 | 3.9 mi |
Lowe's Grove Middle 4418 South Alston Avenue, Durham, NC 27713 | 6-8 | 5.2 mi |
Hillside High 3727 Fayetteville St, Durham, NC 27707 | 9-12 | 2 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 430 Sowell St
Date
Details
Price
Change
Source
11/17/2025
Price Reduced
$450,000
-18.18%
MLS
10/13/2025
Listed
$550,000
2100%
MLS
3/04/2016
Sold
$25,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 430 Sowell St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$989
205%
$124,700
438%
2023
$324
7%
$23,200
—
2023
$304
2%
$23,200
—
2022
$297
—
$23,200
—
2021
$296
2%
$23,200
—
2020
$289
—
$23,200
—
2019
$289
47%
$23,200
60%
2018
$197
1%
$14,500
—
2017
$195
3%
$14,500
—
2016
$189
-11%
$14,500
-6%
2015
$213
—
$15,405
—
2014
$213
3%
$15,405
—
2013
$207
—
$15,405
—
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 430 Sowell St
430 Sowell Street, Durham, NC 27701 (MLS# 10127865) is a Lots/Land property with a lot size of 0.16 acres. 430 Sowell Street is currently listed for $450,000 and was received on October 13, 2025. Want to learn more about 430 Sowell Street? Do you have questions about finding other Lots/Land real estate for sale in Durham? You can browse all Durham real estate or contact a Coldwell Banker agent to request more information.

