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Condos and Townhomes in Chapel Hill

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Should I Buy a Home While Earning My Degree?

Students often want to buy a condo or townhome versus paying rent, especially if they are in a long degree program. Some students become landlords, renting out the other bedrooms for additional income.

Some of the advantages of buying include:

-You can make changes or upgrades to a home to make it yours, and these changes would add to the property value. 

-The property will appreciate over a long period of time, especially if you decide to keep the home after you are finished with school (either as a rental or otherwise).

-You will enjoy tax benefits, including the ability to deduct mortgage interest and property taxes.

There are also disadvantages to owning, which include:

-If you own, you must take care of maintenance items or hire someone. With a townhome or condo, the exterior maintenance is covered by the home owner association, but this still leaves interior items like plumbing leaks and appliances.

-There are taxes and home owner association fees that must be paid on a monthly or yearly basis.

Newest Condos and Townhomes in Chapel Hill

130 S Estes Dr Unit B7, Chapel Hill image
130 S Estes Dr Unit B7, Chapel Hill $69,000

This is an auction, as-is sale using Hubzu.com. Please see attached documents. This unit offers strong bones but needs some work, please review the photos.

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  • 1 Beds
  • 1 Baths
  • 10198176 MLS
  • ACTIVE Status
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130 S Estes Dr Unit B-11, Chapel Hill image
130 S Estes Dr Unit B-11, Chapel Hill — Building B $98,000

Very quiet second floor 1-bedroom condo unit in serene Camelot Village right beside bustling University Place mall. Kitchen and bath remodeled in 2016; carpet also newer...

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  • 1 Beds
  • 1 Baths
  • 10198177 MLS
  • Building B Bldg.
  • ACTIVE Status
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130 S Estes Unit A11, Chapel Hill image
130 S Estes Unit A11, Chapel Hill $130,000

Welcome to this move-in-ready one-bedroom condo in one of Chapel Hill's most convenient and desirable locations. Nearly everything has been updated, including luxury viny...

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  • 1 Beds
  • 1 Baths
  • 10178077 MLS
  • ACTIVE Status
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4 Shepherd Ln Unit Bldg C, Chapel Hill image
4 Shepherd Ln Unit Bldg C, Chapel Hill $149,999 ▼

PRICED TO SELL - Bring all offers! Seller contributing $1,000 - ideal for a one-year home warranty to protect your investment from day one or apply it toward closing cost...

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  • 2 Beds
  • 1 Baths
  • 10181042 MLS
  • ACTIVE Status
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318 Ashley Forest Rd Unit Building G, Chapel Hill image
318 Ashley Forest Rd Unit Building G, Chapel Hill $169,900

Private and quiet--this end-unit condo at Ashley Forest is out of the ordinary and ready for a new owner. The renovated kitchen and baths will impress with high-end fini...

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  • 2 Beds
  • 2 Baths
  • 10188009 MLS
  • ACTIVE Status
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500 Umstead Dr Unit 304 A, Chapel Hill image
500 Umstead Dr Unit 304 A, Chapel Hill $169,900

Great location and schools in Chapel Hill, minutes to downtown, UNC, Umstead Park, and highways. Three bedrooms and two full bathrooms, a bright and airy environment with...

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  • 3 Beds
  • 2 Baths
  • 10190076 MLS
  • ACTIVE Status
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130 S Estes Dr Unit Bldg F, #10, Chapel Hill image
130 S Estes Dr Unit Bldg F, #10, Chapel Hill $170,000

Beautifully renovated condo in Chapel Hill's Camelot Village! This completely rehabilitated unit features a fresh, cohesive interior with light wood-look LVP, a neutral c...

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  • 1 Beds
  • 1 Baths
  • 10199723 MLS
  • COMING SOON Status
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500 Umstead Dr Unit 106-c, Chapel Hill image
500 Umstead Dr Unit 106-c, Chapel Hill $174,900 ▼

Charming and thoroughly updated, this 2-bedroom, 1.5-bath condominium in Chapel Hill's sought-after Bolinwood Condominiums community is truly move-in ready. Tucked along ...

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  • 2 Beds
  • 2 Baths
  • 10182620 MLS
  • ACTIVE Status
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500 Umstead Dr, Chapel Hill image
500 Umstead Dr, Chapel Hill $182,000

Two bedroom condo in Chapel Hill. Completely redone inside with new kitchen & upgraded appliances, flooring, bathrooms. 4 minutes from UNC campus, walking distance to Um...

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  • 2 Beds
  • 2 Baths
  • 10193752 MLS
  • ACTIVE Status
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128 Schultz St, Chapel Hill image
128 Schultz St, Chapel Hill $184,500 ▼

Your Chapel Hill Base Camp -- Minus the Hassle. Private. Convenient. Move-in ready. This two-story upper-level condo in Kensington Trace checks the boxes that matter. LVT...

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  • 2 Beds
  • 3 Baths
  • 10157553 MLS
  • ACTIVE Status
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531 Smith Level Rd Unit 531, Chapel Hill image
531 Smith Level Rd Unit 531, Chapel Hill $190,000

Welcome to this adorable condo in a highly desirable Chapel Hill location—less than 2 minutes from UNC Hospital, convenient Carrboro attractions, and the UNC bus line. Un...

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  • 1 Beds
  • 1 Baths
  • 10193453 MLS
  • ACTIVE Status
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500 Umstead Dr Unit A302, Chapel Hill image
500 Umstead Dr Unit A302, Chapel Hill — Building A $199,000

One of a kind 3 bedroom top floor condominium, freshly painted in classic antique white, with brand new carpet and vinyl flooring, One of the few units that features a wa...

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  • 3 Beds
  • 2 Baths
  • 10194067 MLS
  • Building A Bldg.
  • ACTIVE Status
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110 Bellamy Ln Unit 106, Chapel Hill image
110 Bellamy Ln Unit 106, Chapel Hill — Zinn Brothers Construction $209,000

Bellamy Place offers one- and two-bedroom floor plans with lofty 9-foot ceilings and upgrades designed to maximize space, comfort, and style. Whether you're looking for a...

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  • 1 Beds
  • 1 Baths
  • 10194118 MLS
  • Zinn Brothers Construction Bldg.
  • ACTIVE Status
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220 Elizabeth St Unit Apt A15, Chapel Hill image
220 Elizabeth St Unit Apt A15, Chapel Hill $209,990 ▼

Located right off of Franklin St, in the popular Village Green community, this townhome-style condo offers the perfect blend of comfort, convenience, and low-maintenance ...

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  • 2 Beds
  • 3 Baths
  • 10183969 MLS
  • ACTIVE Status
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1001 Kingswood Dr Unit A, Chapel Hill image
1001 Kingswood Dr Unit A, Chapel Hill $210,000

Welcome to this beautifully maintained condo that offers a perfect blend of comfort, convenience, and low-maintenance living. This condo features a granite countertop in ...

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  • 1 Beds
  • 1 Baths
  • 10186565 MLS
  • ACTIVE Status
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220 Elizabeth St Unit G9, Chapel Hill image
220 Elizabeth St Unit G9, Chapel Hill $214,900 ▼

Buyers and investors - this is a great opportunity to own a property convenient to everything Chapel Hill has to offer. This 2-bedroom, 1.5-bath condo (at one of the high...

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  • 2 Beds
  • 3 Baths
  • 10188022 MLS
  • ACTIVE Status
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500 Umstead Dr Unit Unit 306, Chapel Hill image
500 Umstead Dr Unit Unit 306, Chapel Hill $215,000

Newly remodeled 2 bed 1.5 bath. 1.5mi from historic UNC Chapel Hill campus, along Bolin Creek and 2 min to downtown Chapel Hill. 2bd/1.5ba on the second floor, large balc...

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  • 2 Beds
  • 2 Baths
  • 10145154 MLS
  • ACTIVE Status
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119 Kingsbury Dr, Chapel Hill image
119 Kingsbury Dr, Chapel Hill $219,900

Welcome to easy Chapel Hill living! This spacious 2-bedroom, 2-bath ground-level end-unit condo offers a comfortable and functional floor plan with each bedroom featuring...

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  • 2 Beds
  • 2 Baths
  • 10194457 MLS
  • ACTIVE Status
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117 Kingsbury Dr, Chapel Hill image
117 Kingsbury Dr, Chapel Hill $219,995

Newly renovated Private Condo! In the Kensington Trace Community with access to a Community Pool, Tennis Court and walking areas. The Main floor is an open floor plan to...

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  • 2 Beds
  • 3 Baths
  • 10188162 MLS
  • ACTIVE Status
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1002 Willow Dr Unit 19, Chapel Hill image
1002 Willow Dr Unit 19, Chapel Hill $220,000

Welcome home to this roomy 2-bedroom, 1.5-bathroom townhouse nestled in one of the best locations in Chapel Hill. Steps from University Place (shopping, dining, Silverspo...

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  • 2 Beds
  • 2 Baths
  • 10195634 MLS
  • ACTIVE Status
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220 Elizabeth St Unit B4, Chapel Hill image
220 Elizabeth St Unit B4, Chapel Hill $225,000 ▼

As the story goes, in-town living - walkable, bikeable-to-amenities, in-town living - has to come with some measure of compromise. Neighbors and traffic at all hours, imp...

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  • 2 Beds
  • 3 Baths
  • 10168298 MLS
  • ACTIVE Status
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137 Kingsbury Dr, Chapel Hill image
137 Kingsbury Dr, Chapel Hill $228,000

THIS IS THE ONE! Newly remodeled 1st floor condo. New LVP flooring throughout, interior paint, solid surface countertops, tile backsplash in kitchen, tile surround in bat...

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  • 2 Beds
  • 2 Baths
  • 10159631 MLS
  • ACTIVE Status
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268 Summerwalk Cir, Chapel Hill image
268 Summerwalk Cir, Chapel Hill $235,000

Chapel Hill living at an exceptional value! This first-floor 2-bedroom, 2-bath condo in the established Finley Forest community offers a convenient location, desirable am...

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  • 2 Beds
  • 2 Baths
  • 10183667 MLS
  • ACTIVE Status
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220 Elizabeth St Unit C3, Chapel Hill image
220 Elizabeth St Unit C3, Chapel Hill $235,000

*Seller offering $5,000 toward closing costs with acceptable offer* Chapel Hill Location & Value! This newly updated, spacious 2 bedroom, 2.5 bath condo is tucked just of...

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  • 2 Beds
  • 3 Baths
  • LP770145 MLS
  • ACTIVE Status
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297 Summerwalk Cir, Chapel Hill image
297 Summerwalk Cir, Chapel Hill $238,000 ▼

Incredible value in popular Finley Forest! This beautifully refreshed 2-bedroom, 2-bath first-floor condo offers convenient single-level living and an open floor plan tha...

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  • 2 Beds
  • 2 Baths
  • 10184562 MLS
  • ACTIVE Status
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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .

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