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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 7, Chapel Hill image
130 S Estes Dr Unit 7, Chapel Hill $85,000

An exceptional opportunity in one of Chapel Hill's most sought-after locations. This as-is condo puts you steps from the energy of Franklin Street, the UNC campus, and al...

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  • 1 Beds
  • 1 Baths
  • 10182091 MLS
  • 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 $159,000

Seller contributing $1,000 - ideal for a one-year home warranty to protect your investment from day one or apply it toward closing costs. Buyer's choice! Low maintenance ...

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  • 2 Beds
  • 1 Baths
  • 10181042 MLS
  • ACTIVE Status
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332 Ashley Forest Rd Unit Bldg H, Chapel Hill image
332 Ashley Forest Rd Unit Bldg H, Chapel Hill $170,000

Ashley Forest is a quaint condo community in Chapel Hill, ideally located right on the bus line with easy access to UNC. This spacious unit features two oversized bedroom...

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  • 2 Beds
  • 2 Baths
  • 10164840 MLS
  • ACTIVE Status
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103 Ashley Forest Rd Unit Bldg B, Chapel Hill image
103 Ashley Forest Rd Unit Bldg B, Chapel Hill $170,000

Ashley Forest is a quaint condo community in Chapel Hill, ideally located right on the bus line with easy access to UNC. This spacious unit features two oversized bedroom...

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  • 2 Beds
  • 2 Baths
  • 10164837 MLS
  • ACTIVE Status
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306 Ashley Forest Rd Unit Bldg F, Chapel Hill image
306 Ashley Forest Rd Unit Bldg F, Chapel Hill $175,000

Back on Market, No fault of Seller Move-in ready and beautifully updated, this home offers bright living spaces, a functional floor plan, and spacious bedrooms throughou...

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  • 2 Beds
  • 2 Baths
  • 10161889 MLS
  • ACTIVE Status
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139 Kingsbury Dr, Chapel Hill image
139 Kingsbury Dr, Chapel Hill $177,500 ▼

Quiet upper floor unit with two spacious bedrooms each with private en-suite bath and double vanity. Good size kitchen next to dining beside large living room that opens...

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  • 2 Beds
  • 3 Baths
  • 10079828 MLS
  • ACTIVE Status
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500 Umstead Dr Unit A 304, Chapel Hill image
500 Umstead Dr Unit A 304, Chapel Hill $179,900 ▼

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
  • 10151181 MLS
  • ACTIVE Status
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500 Umstead Dr, Chapel Hill image
500 Umstead Dr, Chapel Hill $184,900

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 Unit C206, Chapel Hill image
500 Umstead Dr Unit C206, Chapel Hill $185,000

Welcome to this two-bedroom, one-and-a-half-bathroom condominium located in the Bolinwood Condominiums community in Chapel Hill, NC. This residential property offers a fu...

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  • 2 Beds
  • 2 Baths
  • 10167379 MLS
  • ACTIVE Status
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128 Schultz St, Chapel Hill image
128 Schultz St, Chapel Hill $189,500 ▼

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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227 Schultz St, Chapel Hill image
227 Schultz St, Chapel Hill $189,500 ▼

The end unit you've been waiting for. Upper level. In-unit laundry. New hot water heater. This Kensington Trace condo comes loaded with the details that actually matter. ...

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  • 2 Beds
  • 3 Baths
  • 10157561 MLS
  • ACTIVE Status
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1002 Willow Dr Unit 16, Chapel Hill image
1002 Willow Dr Unit 16, Chapel Hill $189,900 ▼

LOCATION, LOCATION, LOCATION! 1BR/1BA One-Level Condo across the street from University Place. Fresh paint, new luxury plank flooring, new bathroom cabinet, new kitchen...

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  • 1 Beds
  • 1 Baths
  • 10146305 MLS
  • ACTIVE Status
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108 Ephesus Church Rd Unit 414, Chapel Hill image
108 Ephesus Church Rd Unit 414, Chapel Hill $189,900

Move right into this well maintained two bedroom, one bathroom condominium in Hamlin Park Condos. Inside, you'll find a comfortable, functional layout with spacious bedro...

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  • 2 Beds
  • 2 Baths
  • 10180077 MLS
  • ACTIVE Status
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1001 Kingswood Dr Unit J, Chapel Hill image
1001 Kingswood Dr Unit J, Chapel Hill $194,999 ▼

Welcome to this inviting second-floor, 1-bedroom, 1 bath condo in Bradford Place Garden Condominiums, located within the desirable Downing Creek community in Durham Count...

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  • 1 Beds
  • 1 Baths
  • 10177931 MLS
  • ACTIVE Status
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500 Umstead Dr Unit Unit 303e, Chapel Hill image
500 Umstead Dr Unit Unit 303e, Chapel Hill $197,700

Have you been looking for a condo that is in great condition for under market value? Then look no further because you've found it! With this condo unit in an amazing cent...

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  • 3 Beds
  • 2 Baths
  • 10172316 MLS
  • ACTIVE Status
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250 S Estes Dr Unit 31, Chapel Hill image
250 S Estes Dr Unit 31, Chapel Hill $199,900 ▼

Spacious 2-bedroom, 2.5-bath condominium ideally located across from University Place with convenient access to UNC-Chapel Hill, public transportation, shopping, dining, ...

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  • 2 Beds
  • 3 Baths
  • 10152239 MLS
  • ACTIVE Status
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110 Bellamy Ln Unit 102, Chapel Hill image
110 Bellamy Ln Unit 102, 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
  • 10086611 MLS
  • Zinn Brothers Construction Bldg.
  • ACTIVE Status
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250 S Estes Dr Unit Apt 115, Chapel Hill image
250 S Estes Dr Unit Apt 115, Chapel Hill $210,000 ▼

Ideally located in the heart of Chapel Hill, this beautifully updated 2 bedroom, 2.5 bath end unit condo lives like a townhouse and offers both comfort and convenience. J...

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  • 3 Beds
  • 3 Baths
  • 10156018 MLS
  • ACTIVE Status
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500 Umstead Dr Unit Unit 208, Chapel Hill image
500 Umstead Dr Unit Unit 208, Chapel Hill $214,900 ▼

Extremely convenient three-bedroom, two full bath condo with minimal stairs! open concept living and dining areas that open to patio through large sliding glass doors. Sp...

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  • 3 Beds
  • 2 Baths
  • 10152574 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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213 Schultz St, Chapel Hill image
213 Schultz St, Chapel Hill $215,000

Welcome home to this spacious 2 bedroom, 2 bath condo in the heart of Chapel Hill! Featuring over 1,100 square feet of living space, this well maintained unit offers a fu...

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  • 2 Beds
  • 2 Baths
  • 10174473 MLS
  • ACTIVE Status
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1002 Willow Dr Unit Apt 31, Chapel Hill image
1002 Willow Dr Unit Apt 31, Chapel Hill $225,000 ▼

No Pets Allowed WASHER AND DRYER being added 5/20 and new REFRIGERATOR Location, walk to shopping, movies, bus line and across from University Mall Condo behind Universi...

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  • 2 Beds
  • 2 Baths
  • 10154759 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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110 Bellamy Ln Unit 108, Chapel Hill image
110 Bellamy Ln Unit 108, Chapel Hill — Zinn Brothers Construction $229,000 ▼

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
  • 10086655 MLS
  • Zinn Brothers Construction Bldg.
  • 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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