Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > North Carolina > Raleigh, Durham, Chapel Hill, Cary
 [Register]
Raleigh, Durham, Chapel Hill, Cary The Triangle Area
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 08-16-2009, 02:47 PM
 
8 posts, read 25,598 times
Reputation: 10

Advertisements

Hey all- just wanted to ask about real estate available in close proximity to Duke University. Does anyone have experience with this? I'm interested in buying a multiple bedroom house as close to Duke as is possible.

In a few years when I'm gone from the area, I would like to keep it and rent it out to students, so it is imperative that is be as adjacent to Blue Devil territory as can be (walking/biking distance preferred).

Also, could you all break down Durham real estate a little bit for me? Best areas, worst areas, up-and-coming areas? Which side of Duke U. would I ideally want to be living on?
Reply With Quote Quick reply to this message

 
Old 08-16-2009, 03:13 PM
 
6,297 posts, read 16,116,067 times
Reputation: 4846
There appears to be higher crime in the east.

Last edited by lovebrentwood; 08-16-2009 at 03:21 PM..
Reply With Quote Quick reply to this message
 
Old 08-16-2009, 05:18 PM
 
3,155 posts, read 10,768,145 times
Reputation: 2128
Quote:
Originally Posted by lovebrentwood View Post
There appears to be higher crime in the east.
East of Durham is Raleigh.
Reply With Quote Quick reply to this message
 
Old 08-16-2009, 07:25 PM
 
Location: Hope Valley Farms
66 posts, read 143,747 times
Reputation: 16
This is a tough question. You would probably want to find yourself a buyers' agent and have a look for yourself. Durham is huge and quite varied. You will probably also want to be close to people your age and in an area you will like since you will have to live there.
Reply With Quote Quick reply to this message
 
Old 08-16-2009, 08:25 PM
 
1,994 posts, read 5,969,803 times
Reputation: 2047
You'll want to be targetting grad/med students as renters, not undergrads. It used to be the best area was in Trinity Park, especially along Watts/Buchanon st, south of Markham (numerous grand old homes that had been split into duplexes), but thoses areas have pretty much gentrified. Probably the best value now lies in Watts/Hillandale, up along the golf course and then east towards Broad.
Reply With Quote Quick reply to this message
 
Old 08-17-2009, 05:15 AM
 
2,459 posts, read 8,089,405 times
Reputation: 1788
We have friends who live in a subdivision off Hillandale Rd near, well, Hillandale Golf Course. Less than a mile to Duke Med/West Campus. Older neighborhood but nice homes on spacious lots. A small number of the homes in the neighborhood are rentals but usually have grad students/temporary profs as tenants.

Frank
Reply With Quote Quick reply to this message
 
Old 08-17-2009, 11:45 AM
 
Location: Durham, NC
2,586 posts, read 9,114,626 times
Reputation: 1719
I'd recommend the Old West Durham neighborhood for good values that look to appreciate nicely and will appeal to renters in the future.
Reply With Quote Quick reply to this message
 
Old 08-17-2009, 12:40 PM
 
6,297 posts, read 16,116,067 times
Reputation: 4846
East of Duke University.

Quote:
There appears to be higher crime in the east.
Reply With Quote Quick reply to this message
 
Old 08-17-2009, 01:06 PM
 
1,994 posts, read 5,969,803 times
Reputation: 2047
Quote:
Originally Posted by lovebrentwood View Post
East of Duke University.
Raleigh is east of Duke University!
Reply With Quote Quick reply to this message
 
Old 08-17-2009, 01:27 PM
 
8 posts, read 27,334 times
Reputation: 17
Burch Ave. area has some nice student housing and an active neighborhood association. Almost exclusively students and young families. Very convenient to Duke.

Duke Forest is more expensive, more family-oriented. More likely to attract visiting professors? but not necessarily multi-family kinds of people. Closer to the medical center than other stuff, except the east side of OWD.

Old North Durham / Old West Durham is more hip. More likely to attract regular and graduate students. Active neighborhood associations. Many renters but not -that- many. Convenient to Duke.

All of these are bike-able to Duke campus, and generally up-and-coming (i.e. not that expensive now, but seem to be improving). I don't think you'd have a problem getting residents in any of these locations. I would point out that the Durham rental market is pretty saturated, so you might not get as much rental income as you need to maintain the property and also pay the mortgage.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:



Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > North Carolina > Raleigh, Durham, Chapel Hill, Cary
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top