Single-Level Duplex
128 Tantara Bend, Pittsboro, NC 27312
For Sale
$449,900
Residential, Pittsboro, NC
Property Size1,467 SF
Lot Size0.10 Acres
Price / SF$306.68
Days on Market228
Property Features for 128 Tantara Bend
General Information
Property type
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Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Patio and Porch features
Exterior features
Appliances
Subdivision
Elementary school
Middle school
High school
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
HOA Fee
Legal Description
Utilities
Sewer type
Heating system
Cooling system
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Building Details
Year built
Floors in Building
Flooring type
Building materials
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Listing Agency:
Weekley Homes, LLC
(919) 366-7466
Listed By:
Karen Doyle Burkart · License #322215
(919) 455-1464
Added: Mar 27
Changed: Nov 9
Last Checked: Nov 9 at 4:06AM
MLS# 10155933
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This under-construction duplex residence is a single-level paired villa with 1,467 square feet of living space on a 0.1-acre lot. The ranch-style layout includes two bedrooms, two bathrooms, a laundry room, and open living and dining areas. The kitchen is equipped with a gas range, wall oven, built-in appliances, microwave, disposal, range hood, and water purifier. A covered rear patio extends the living area outdoors, while the owner’s suite includes a zero-entry shower, dual vanities, and a walk-in closet.
The home is located within Encore at Chatham Park, a 55+ community with lawn care included. Community amenities include a 5,200-square-foot clubhouse, fitness center, tennis and pickleball courts, pool and spa, putting green, meditation garden, gas firepits, walking and biking trails, and an on-site Lifestyle Director. The property has public water and public sewer, natural gas forced-air heating, central electric cooling, cement siding, and a shingle roof.
The home is located within Encore at Chatham Park, a 55+ community with lawn care included. Community amenities include a 5,200-square-foot clubhouse, fitness center, tennis and pickleball courts, pool and spa, putting green, meditation garden, gas firepits, walking and biking trails, and an on-site Lifestyle Director. The property has public water and public sewer, natural gas forced-air heating, central electric cooling, cement siding, and a shingle roof.
Key Highlights
- 1,467‑square‑foot single‑level duplex residence
- 0.1‑acre lot with ranch‑style design
- Two bedrooms, two bathrooms, and laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,597
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$251,940
$251.9K
Cap Rate 7%
$179,957
$180.0K
Cap Rate 9%
$139,967
$140.0K
Market Conditions
NOI Build-Up for 1,467 SF
Gross rent
$20.2K $13.80/SF
− Vacancy
−$2.2K −$1.53/SF
EGI
$18.0K $12.27/SF
− OpEx
−$5.4K −$3.68/SF
NOI
$12.6K $8.59/SF
Area
Chatham County, NC
Vacancy
11.11%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$251,940
Cap Rate 7%
$179,957
Cap Rate 9%
$139,967
Alternative Uses
Best Use
Multifamily LT 5
$180.0K
$157.5K – $210.0K
NOI $12,597 @ 7.0% cap · market cap 2.80%
Second Best
Apartment 5plus
$158.8K
$138.9K – $185.2K
NOI $11,114 @ 7.0% cap · market cap 2.47%
Theoretical Best
Office A
$473.7K
$414.5K – $552.7K
NOI $33,160 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
144
Businesses Nearby
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Demographics for 27312, NC
21,572
Population
10,613
Households
2
Avg Household Size
51
Median Age
53%
College-Educated
95%
High-School Grad
170.9 sq mi
ZIP Area
126
Density / Sq Mi
$100,505
Median Household Income
$53,166
Median Earnings
$933
Median Rent
$423,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Under-construction paired villa with an open layout, covered outdoor space, and access to maintenance-free community amenities.
Where is this duplex located?
The property is located at 128 Tantara Bend Pittsboro, NC.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 1,467‑square‑foot single‑level duplex residence; 0.1‑acre lot with ranch‑style design; Two bedrooms, two bathrooms, and laundry room
