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3-Duplex Residential Income Property

Chapel Hill, NC 27516 Chapel Hill, NC 27516

Chapel Hill, NC, 27516
$1,250,000
For Sale
$1,250,000

MULTI_FAMILY - Chapel Hill, NC

Lot Size4.99 Acres
Days on Market52

Property Features

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
12
Bathrooms
6
Rooms
Bedroom 2, Bedroom 9, Bedroom 11, Bedroom 3, Bedroom 1, Bedroom 6, Bedroom 12, Bedroom 8, Bedroom 10, Bedroom 7, Bedroom 4, Bedroom 5
Standard status
Active
Lot size
4.99 Acres

Building Details

Year built
1981
Listing agency Chapel Hill
Listed by Julia Tucker
Added: Jun 1 Updated: Jul 20 at 4:43PM Checked: Jul 22 at 2:06AM
MLS# 10171077

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale residential income property consists of three duplexes with six total units. Each unit features two bedrooms and one bathroom. The property is in good condition, though it has not been updated, and all units are currently leased.

Set on a nicely wooded 4.99-acre lot, the layout provides additional space for potential site improvements such as carports or garages. The property is located very close to shopping and a park and ride, supporting convenient day-to-day access.

With a straightforward duplex configuration and consistently sized units, the asset is suited to buyers seeking an income-producing multifamily setup where updates and additions may be considered as part of future improvements.

Key Highlights

  • 3 duplexes totaling 6 units on a nicely wooded 5‑acre lot
  • Each unit is 2 bedrooms and 1 bathroom
  • All 6 units are leased for $950 per month, totaling $5,700 in monthly income

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Three duplexes totaling six 2-bedroom, one-bath units on a wooded nearly five-acre lot.
Where is this duplex located?
The property is located at Chapel Hill, NC.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 3 duplexes totaling 6 units on a nicely wooded 5‑acre lot; Each unit is 2 bedrooms and 1 bathroom; All 6 units are leased for $950 per month, totaling $5,700 in monthly income
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