Description
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...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.
- Listed by Carol Small • Brokers United Realty
Property Details for 430 Sowell Street
Property Details for 430 Sowell Street
| Status | Active |
|---|---|
| MLS # | 10127865 |
| Days on Market | 84 |
| Taxes | $323 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Land |
| MLS Type | Land / Unimproved Land |
| Year Built | - |
| Lot Size | 0.16 AC |
| County | Durham County |
Location
Building Information for 430 Sowell Street
Payment Calculator
$2,220 per month
30 year fixed, 6.15% Interest
$2,193
$27
$0
Property Information for 430 Sowell Street
- Zoning: RU-5(2)
- 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.
- Subdivision Name: Not in a Subdivision
- Latitude: 35.979634
- Longitude: -78.887728
- Road Frontage Type: City Street, See Remarks
- Road Surface Type: Paved
- Association Fee Includes: None
- Association: No
- Tax Annual Amount: $323.00
- City Limits Of: Durham
- City Limits YN: Yes
- Lot Number: 0075
- Restrictive Covenants YN: No
- School District Link: https://www.dpsnc.net/o/dps/page/enrollment-sm
- Comp Sale YN: No
- Original MLS: Triangle MLS Inc
- Property Leased YN: No
- Years Owned: 1 or More Year(s)
- Elementary School: Durham - Burton
- Middle Or Junior School: Durham - Lowes Grove
- High School: Durham - Hillside
- Lot Features: City Lot, Cleared, Corner Lot, Level, Open Lot
- Lot Size Dimensions: 30 x 182 x 36 x 16
- Other Structures: None
- Parcel Number: 119057
- List PriceAcre: 2812500
- Road Frontage Length: 169
- Photos Count: 7
- Possible Use: Development
- Below Grade Finished Area Units: Square Feet
- Community Features: Curbs, None
- Current Use: Vacant
- Senior Community: No
- Sewer: Public Sewer
- Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available
- Water Source: Public
- Water_Sewer: Public, Public Sewer, Cable Available, Electricity Available, Natural Gas Available, Phone Available
- Fencing: Chain Link
- Pool Private: No
- Interior: Cable Available, Electricity Available, Natural Gas Available, Phone Available
- Additional Equipment: None
- Property Type: Land
- Property Class Name: CrossProperty
Property History for 430 Sowell Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Nov 17, 2025 | Price Change TRIANGLEMLS #10127865 | $450,000 | — |
| Oct 13, 2025 | Listed (Active) TRIANGLEMLS #10127865 | $550,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 11/17/2025 | Price Change TRIANGLEMLS #10127865 | $450,000 |
| 10/13/2025 | Listed (Active) TRIANGLEMLS #10127865 | $550,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 430 Sowell Street
Schools near 430 Sowell Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 12 |
Rating | School | Distance |
|---|---|---|
Burton Elementary PublicPK to 5 | ||
James E Shepard Middle School Public6 to 8 | ||
Hillside High Public9 to 12 | ||
Ignite Online Academy PublicK 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.
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Listing Courtesy of Brokers United Realty
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