Save
Ask
Tour
Hide
Share
$1,950,000
8 Days On Site

5 Howell Street
Chapel Hill, NC 27514

For Sale|Multi Family|Active
0
Beds
0
Total Baths
7,371
SqFt
$265
/SqFt
1962
Built
County:
Orange

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 919.818.5001
Is this the listing for you? We can help make it yours.
919.818.5001
5 Howell Street5 Howell Street5 Howell Street5 Howell Street
Save
Ask
Tour
Hide
Share

Rare investor find! Explore an exceptional investment opportunity at 5 Howell Street, Chapel Hill! Situated conveniently close to UNC-Chapel Hill campus and hospital, this property boasts 9 units on a generous 1.47-acre lot. With a current monthly rent of $11,670 (leased through summer 2025) and potential for increases, it's a reliable income stream. Recent updates include a new roof installed in 2018, ensuring peace of mind for years to come. Includes off street parking. Get in on the dynamic development currently underway in the area. Whether you choose to maintain the steady rentals or redevelop (currently zoned R4 = potential for approx 5 more units) for higher returns, the possibilities are endless. Don't miss out on this prime location and its promising future!

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$1,950,000
Days On Site 
8 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,371 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.47 Acres
Year Built 
1962
MLS® Number 
10098426
Status 
Active
Property Tax 
$20,707.53
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
5 days agoStatus changed to Active
a week agoListing first seen on site
General Features
Acres 
1.47
Foundation 
Slab
Number Of Stories 
1
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
7371
Utilities 
Cable AvailableCable ConnectedElectricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
DishwasherRangeRefrigeratorWasher/Dryer Stacked
Basement 
Apartment
Cooling 
Ceiling Fan(s)Central AirVaries by UnitWall/Window Unit(s)
Flooring 
Ceramic TileCombinationLaminateVinyl
Heating 
BaseboardCentralVaries by Unit
Laundry Features 
In Unit
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Brick
Exterior 
Built-in BarbecuePrivate Entrance
Lot Features 
Back YardOpen LotPaved
Roof 
Aluminum
Community Features
Financing Terms Available 
CashConventional
Roads 
Asphalt
Listing courtesy of Ken Cannon of Compass -- Chapel Hill - Durham



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2025-05-31 07:13 PM UTC

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share