217 Hood St

4,790 Sq. Ft.
$287 / Sq. Ft.
4,790
Sq. Ft.
$287
per Sq. Ft.

Description

Price reduction! Lease renewal at market rate, bringing this opportunity up to a 6.9% CAP Rate! Don't miss this rare opportunity to own a one-of-a-kind, fully renovated mixed-use building in the heart of Downtown Durham in a highly walkable location. Located in the highly sought-after Design District (DD-S1), 217 Hood Street seamlessly blends historic charm with modern design. The property features four beautifully finished 2-bedroom residential units and a third-floor commercial office suite, all...Price reduction! Lease renewal at market rate, bringing this opportunity up to a 6.9% CAP Rate! Don't miss this rare opportunity to own a one-of-a-kind, fully renovated mixed-use building in the heart of Downtown Durham in a highly walkable location. Located in the highly sought-after Design District (DD-S1), 217 Hood Street seamlessly blends historic charm with modern design. The property features four beautifully finished 2-bedroom residential units and a third-floor commercial office suite, all thoughtfully crafted with high-end finishes and timeless architectural details. The third-floor suite is currently leased to BETTER (owned and operated by the seller) and includes a full kitchen, two private offices, a conference room, and two bathrooms. Rent and extension terms are negotiable, offering flexibility for investors or owner-occupants. The building has been meticulously restored to provide both comfort and character. Each residential unit boasts hardwood floors, designer kitchens, custom tilework, in-unit laundry, and private outdoor space, including expansive porches and balconies--delivering a level of quality rarely found in multifamily assets. The commercial suite offers a dramatic and functional workspace with open-concept layout, exposed beams, skylights, and modern bath/kitchenette buildouts--perfect for creative professionals, boutique agencies, or continued owner-occupancy. Walkable downtown location, steps from Ponysaurus Brewing, DPAC, the Durham Bulls Athletic Park, and a wide array of restaurants, cafes, and cultural amenities. Quick access to Highway 147 and public transit.
  1. Listed by Gabriel Gorelick • Better Realty LLC
  2. Listed by Ian Lipman • Better Realty LLC

Property Details for 217 Hood Street

View
Yes
Subdivision
Not in a Subdivision
LISTING UPDATED: 02/20/2026 05:05 PM

Property Details for 217 Hood Street

StatusActive
MLS #10101363
Days on Market260
Taxes$10,660 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built2025
Lot Size0.10 AC / 4,356 SF
CountyDurham County

Location

Listing Courtesy of Better Realty LLC
Add your commute

Building Information for 217 Hood Street

Stories3Residences5Year Built2025Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$7,590 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,702

Property Taxes

$888

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 217 Hood Street

Summary
Location and General Information
  • Zoning: DD-S1
  • Directions: From I-85, take Exit 177 for NC-15/US-501 toward Downtown Durham. Merge onto North Duke Street, heading south into downtown. Continue on Duke Street, then turn left onto West Main Street. Follow Main Street briefly, then turn right onto South Elizabeth Street. After a short distance, turn left onto Hood Street. The property will be located on the right-hand side of the street.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.989697
  • Longitude: -78.895068
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $10,660.00
  • City Limits Of: Durham
  • City Limits YN: Yes
  • Lot Number: 083115014
  • Restrictive Covenants YN: No
Contract Information
  • Lease Expiration Date: 2026-06-30
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Years Owned: 7
Parking
  • Open Parking: No
  • Parking Features: Driveway, On Street
  • Attached Garage: No
Property
Lot Information
  • Building Area Total: 4790.0
  • Total Other Area Sq Ft: 0
  • Parcel Number: 0831150146
  • Structure Type: Mixed Use, Office, Quadruplex
Property and Assessments
  • New Construction: No
  • Photos Count: 33
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Foundation Details: Brick/Mortar, Pillar/Post/Pier
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Brick, Mixed Use, Office, Quadruplex
Interior Features
  • Levels: Tri-Level
  • Stories: 3
  • Flooring: Hardwood, Vinyl, Tile
  • Cooling: Central Air, Separate Meters
  • Cooling?: Yes
  • Heating: Forced Air
  • Heating?: Yes
  • Appliances: Dishwasher, Oven, Range, Range Hood, Refrigerator, Washer/Dryer Stacked
  • Laundry Features: In Unit
  • Interior Features: Kitchen Island, Quartz Counters
  • Equipment Appliances: Dishwasher, Oven, Range, Range Hood, Refrigerator, Washer/Dryer Stacked
  • Interior: Driveway, On Street, Brick, In Unit
  • Equipment: Dishwasher, Oven, Range, Range Hood, Refrigerator, Washer/Dryer Stacked, In Unit, Driveway, On Street
Multi Family
Unit Information
  • Total Units: 5
Agent
Sale and Listing
  • Property Type: Residential Income
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: 12 Months
  • TenantPays: Electricity, Security
Units Information
Unit One
  • Unit One: Actual Rent: 1800.0
  • Unit One: Baths Total: 1.0
  • Unit One: Beds Total: 2.0
  • Unit One: Deck: true
  • Unit One: Dishwasher: true
  • Unit One: Kitchen: true
  • Unit One: Living Area: 835.0
  • Unit One: Living Room: true
  • Unit One: Range: true
  • Unit One: Refrigerator: true
  • Unit One: Unit Type: 2 Bedroom
Unit Two
  • Unit Two: Above Grade Finished Area: 835.0
  • Unit Two: Actual Rent: 1800.0
  • Unit Two: Baths Total: 1.0
  • Unit Two: Beds Total: 2.0
  • Unit Two: Deck: true
  • Unit Two: Dishwasher: true
  • Unit Two: Kitchen: true
  • Unit Two: Living Room: true
  • Unit Two: Range: true
  • Unit Two: Refrigerator: true
  • Unit Two: Unit Type: 2 Bedroom
Unit Three
  • Unit Three: Above Grade Finished Area: 835.0
  • Unit Three: Actual Rent: 1800.0
  • Unit Three: Baths Total: 1.0
  • Unit Three: Beds Total: 2.0
  • Unit Three: Deck: true
  • Unit Three: Dishwasher: true
  • Unit Three: Kitchen: true
  • Unit Three: Living Room: true
  • Unit Three: Range: true
  • Unit Three: Refrigerator: true
Unit Four
  • Unit Four: Actual Rent: 1800.0
  • Unit Four: Beds Total: 2.0
  • Unit Four: Deck: true
  • Unit Four: Dishwasher: true
  • Unit Four: Kitchen: true
  • Unit Four: Living Room: true
  • Unit Four: Range: true
  • Unit Four: Refrigerator: true
  • Unit Four: Unit Type: 2 Bedroom

Property History for 217 Hood Street

DateEvent & SourcePriceAppreciation
Feb 19, 2026

Price Change

TRIANGLEMLS #10101363

$1,375,000—
Nov 3, 2025

Price Change

TRIANGLEMLS #10101363

$1,425,000—
Oct 2, 2025

Price Change

TRIANGLEMLS #10101363

$1,475,000—
Jun 6, 2025

Withdrawn

TRIANGLEMLS #10101184

—
Jun 5, 2025

Expired

TRIANGLEMLS #10101184

—
Jun 5, 2025

Listed (Active)

TRIANGLEMLS #10101363

$1,500,000—
Jun 5, 2025

Listed (Active)

TRIANGLEMLS #10101184

$1,500,000—
Oct 22, 2024

Sold (Public Record)

Public Record #1543588165

$625,000

-5.1% / yr

Jun 15, 2018

Sold

TRIANGLEMLS #2184201

$875,000—
Jun 15, 2018

Sold

AMLS #2184201

$875,000—
Jun 15, 2018

Sold

TRIANGLEMLS #2184201

$875,000—
Jun 11, 2018

Sold (Public Record)

Public Record #624564551

$875,000—
Apr 11, 2018

Listed (Active)

TRIANGLEMLS #2184201

$990,000—
Apr 11, 2018

Listed (Active)

AMLS #2184201

$990,000—
Apr 11, 2018

Listed (Active)

TRIANGLEMLS #2184201

$990,000—
DateEvent & SourcePrice
02/19/2026

Price Change

TRIANGLEMLS #10101363

$1,375,000
11/03/2025

Price Change

TRIANGLEMLS #10101363

$1,425,000
10/02/2025

Price Change

TRIANGLEMLS #10101363

$1,475,000
06/06/2025

Withdrawn

TRIANGLEMLS #10101184

—
06/05/2025

Expired

TRIANGLEMLS #10101184

—
06/05/2025

Listed (Active)

TRIANGLEMLS #10101363

$1,500,000
06/05/2025

Listed (Active)

TRIANGLEMLS #10101184

$1,500,000
10/22/2024

Sold (Public Record)

Public Record #1543588165

$625,000

-5.1% / yr

06/15/2018

Sold

TRIANGLEMLS #2184201

$875,000
06/15/2018

Sold

AMLS #2184201

$875,000
06/15/2018

Sold

TRIANGLEMLS #2184201

$875,000
06/11/2018

Sold (Public Record)

Public Record #624564551

$875,000
04/11/2018

Listed (Active)

TRIANGLEMLS #2184201

$990,000
04/11/2018

Listed (Active)

AMLS #2184201

$990,000
04/11/2018

Listed (Active)

TRIANGLEMLS #2184201

$990,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 217 Hood Street

Taxable ValueLand$261,360Additions$863,275Total$1,124,635
Tax Record2025$11,936 ($995 / month)
Home Facts
Baths3Total Finished SqFt4,720 SqFtAbove Grade Finished SqFt4,720 SqFtStories3Lot Size4,356 SqFtStyleMulti-Family Res (5+ Units)Year Built1930ZoningDD-S1CountyDURHAMAPN102875Fireplace TypeHas Fireplace

Schools near 217 Hood Street

This home is within Durham Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
George Watts Elementary
PublicPK to 5

W G Pearson Elementary
PublicPK to 5

Brogden Middle
Public6 to 8

Riverside High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

217 Hood Street is a multi-family home for sale in Durham, NC 27701. This property was listed for sale on June 5, 2025 by Better Realty LLC, it's currently listed at $1,375,000. It has been on the market for a total of 260 days and was last sold on October 22, 2024. This listing's school district is Durham Public School District. Nearby schools include George Watts Elementary, W G Pearson Elementary and Brogden Middle. 217 Hood Street is a 8-bed, 4-bath, 4,790 sqft multi-family home built in 2025.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Realty LLC

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