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USANCGrahamNot in a Subdivision1115 Lorraine Dr
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1115 Lorraine Dr, Graham, NC

House

For Sale

Listed price in listed location currency (USD).
$245,000

420

MLS® 10156539

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1251 sqft
Garage 
Taxes $1,938
Days Active 21
Lot Size 
Approx. Age 1969
Avg. Price Per Sqft $195
MLS® Number 10156539

Property Address: 1115 Lorraine Dr, Graham, NC, 27253-4019

Average square foot calculated using Size range provided by listing agent.

Description

This charming 4-bedroom, 1.5-bathroom house at 1115 Lorraine St offers exceptional renovation potential in the heart of Graham's most desirable residential corridor. Situated in the well-established Lorraine Street neighborhood, this property combines small-town charm with convenient access to major transportation routes and urban amenities. The home's interior layout maximizes functionality across its spacious floor plan. The main level features a generous living room, creating seamless flow for both daily living and entertaining. The kitchen, while ready for modern updates, provides a potential for complete customization to today's open-concept preferences. A formal dining room adjacent to the kitchen offers flexibility as additional living space or home office. The main floor half-bathroom adds convenience for guests. This neighborhood represents a residential community characterized by mature trees, well-maintained properties, and a strong sense of community pride. The location provides ideal access to Graham's historic downtown district, featuring local restaurants, shops, and community events that celebrate the area's rich heritage. Residents enjoy proximity to both rural tranquility and urban conveniences, with Alamance County's agricultural landscapes just minutes away. The renovation potential here is truly remarkable. The home's solid construction provides an excellent foundation for modern updates including kitchen expansion, bathroom additions, and potential primary suite creation and the flex space possibilities are endless. Local educational options include Graham schools within the Alamance-Burlington School System. Elementary, middle, and high school options are all conveniently located nearby. The area also benefits from proximity to Alamance Community College and reasonable commuting distance to University of North Carolina campuses. Transportation connectivity stands as a major advantage, with the Graham Park & Ride facility just over half a mile away, providing convenient access to regional transit options and major highway connections. Interstate 40 and 85 are easily accessible, facilitating commutes to Greensboro, Durham, Raleigh, and Charlotte metropolitan areas. This transportation advantage significantly enhances the property's appeal for both residents and rental market considerations. Current market conditions in Graham show strong appreciation trends, with established neighborhoods like Lorraine Street maintaining excellent value stability. Comparable properties in this area demonstrate consistent demand from both owner-occupants and investors seeking reliable rental income opportunities. The combination of affordable entry pricing and substantial improvement potential creates exceptional value proposition in today's competitive market. Outdoor space possibilities are extensive with the lot providing multiple options for customization. The backyard offers excellent potential for deck installation, garden development, or outdoor entertaining areas. Mature landscaping provides natural privacy while leaving room for personalization. Front yard space allows for additional parking or landscape enhancement that could significantly boost curb appeal. This property represents a rare opportunity to acquire substantial square footage in a Graham neighborhood at competitive pricing. Whether pursuing personal residence with customization potential or investment property with proven rental demand, 1115 Lorraine St delivers exceptional value in today's dynamic real estate environment.
MLS® Number10156539
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1969
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Living Room:Main Floor13.5 × 13.9 ft
Dining Room:Main Floor8.6 × 9.9 ft
Bonus Room:Second Floor11.8 × 13 ft
Bedroom 2:Main Floor9.9 × 12.2 ft
Other:Main Floor10 × 13.2 ft
Kitchen:Main Floor8 × 8.3 ft
Bedroom 3:Main Floor9.9 × 13.5 ft
Other:Main Floor3.5 × 3.5 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 31, 2026List Date
$245,000List Price
How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $245,000 and $388,000.
Similar properties in this area sold on average for: $340,250
Expected to sell in 50 days. Similar properties sold in 71 days. This home has been on Zoocasa for 21 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Destination Address
1115 Lorraine Dr, Graham, NC

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