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$165,000
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Property Description
Charming Hillsborough Cottage with Investment Potential! Opportunity awaits at 507 Forrest Street in Hillsborough, a charming cottage situated on a spacious .26-acre lot in an established in-town neighborhood just minutes from Churton Street and historic downtown. This home offers a solid foundation for future updates with vinyl siding, replacement vinyl windows, a durable metal roof, and original hardwood floors ready to be brought back to life. Whether you're looking for a personal renovation project, a classic fixer-upper, or an investment opportunity, this property provides the perfect starting point to create something special. With surrounding homes frequently selling in the $325,000+ range, buyers have the opportunity to build instant equity through thoughtful renovations while enjoying one of the Triangle's most beloved small towns. Hillsborough offers a vibrant yet relaxed lifestyle, blending historic charm with modern growth. Just minutes away, residents can enjoy a variety of popular local restaurants, craft breweries, boutique shopping, and scenic outdoor recreation, all centered around the town's welcoming and walkable downtown. Hillsborough continues to experience steady population and economic growth within Orange County, while maintaining the authentic small-town character, historic architecture, and walkable downtown atmosphere that make it one of the Triangle's most desirable communities. Whether you're searching for a project home, investment property, or the chance to restore a classic Hillsborough cottage, this property offers location, potential, and long-term upside!
Full Property Details
Full Property Details for 507 Forrest St
General
- Sold For: $165,000
- Taxes: $2,424
- Status: Closed
- Type: Single Family
- Source: 2218
- MLS ID: 10151544
- Added to Site: 52 day(s) ago
Interior
- Number of Rooms: 7
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Exterior
- Porch/Patio/Deck: Patio, Porch
Parking
- Parking Features: Asphalt, Carport, Driveway
Location
- County: Orange
- Subdivision: Hillsborough Heights
- Driving Directions: 507 Forrest Street, Hillsborough, NC 27278
- City Limits: Yes
School Information
- Elementary School: Orange - Central
- Middle School: Orange - Orange
- High School: Orange - Orange
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Gas Pack
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Ranch
- Structure Type: House, Site Built
- Exterior Const.: Vinyl Siding
- Roof: Metal
- Stories/Levels: 1
- Building Size: 874
- Square Feet: 874
- Finished Above Grnd: 874 Sq. Ft.
- Year Built: 1951
Additional Structures
- Other Structures: Shed(s), Storage
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,325.6
- Street/Road Desc.: Asphalt
- Fence: Yes
- Lot Features: Back Yard, Cleared, Front Yard, Rectangular Lot
- Zoning: R10
- Fencing (Description): Chain Link
Financial Considerations
- Tax Amount: $2,424.64
Disclosures and Reports
- Special Conditions: Trust
- Property ID: 9864594366
- Lot Number: 51
Listed by Keller Williams Elite Realty, Robert Hunt (919) 699-3210
Sold by Premier Agent Network North Ca, Will Brenizer
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Schools
Schools serving 507 Forrest St
School District:Orange County Schools
| Name | Grades | Distance |
|---|---|---|
Central Elementary, Hillsborough, NC 154 Hayes Street, Hillsborough, NC 27278 | PK-5 | 0.3 mi |
Hillsborough Elementary 402 North Nash Street, Hillsborough, NC 27278 | K-5 | 0.4 mi |
Orange Middle School 308 Orange High School Road, Hillsborough, NC 27278 | 6-8 | 1.3 mi |
Orange High 500 Orange High School Road, Hillsborough, NC 27278 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 507 Forrest St
Date
Details
Price
Change
Source
3/25/2026
Sold
$165,000
-17.5%
MLS
3/09/2026
Listed
$200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
507 Forrest Street, Hillsborough, NC 27278 (MLS# 10151544) is a Single Family property that was sold at $165,000 on March 25, 2026. Want to learn more about 507 Forrest Street? Do you have questions about finding other Single Family real estate for sale in Hillsborough? You can browse all Hillsborough real estate or contact a Coldwell Banker agent to request more information.

