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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 Apt B7, Chapel Hill image
130 S Estes Dr Unit Apt B7, Chapel Hill $75,000 ▼

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 Dr Unit B12, Chapel Hill image
130 S Estes Dr Unit B12, Chapel Hill — B $125,000

Welcome to easy living in Chapel Hill! Tucked away on the top floor of Camelot Village, this 1-bedroom, 1-bathroom condo offers privacy, quiet surroundings, and simple, l...

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  • 1 Beds
  • 1 Baths
  • 10190774 MLS
  • B Bldg.
  • ACTIVE Status
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4 Shepherd Ln Unit Bldg C, Chapel Hill image
4 Shepherd Ln Unit Bldg C, Chapel Hill $150,000 ▼

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 $165,000 ▼

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 $165,000 ▼

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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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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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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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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227 Schultz St, Chapel Hill image
227 Schultz St, Chapel Hill $184,500 ▼

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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500 Umstead Dr Unit 106-c, Chapel Hill image
500 Umstead Dr Unit 106-c, 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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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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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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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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500 Umstead Dr Unit 208, Chapel Hill image
500 Umstead Dr 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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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 Apt 31, Chapel Hill image
1002 Willow Dr Unit Apt 31, Chapel Hill $221,500 ▼

This 2-bedroom, 1.5-bathroom condominium in Willow Terrace Condos offers an excellent opportunity for ownership in Chapel Hill. The unit provides comfortable living space...

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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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220 Elizabeth St Unit Apt A15, Chapel Hill image
220 Elizabeth St Unit Apt A15, Chapel Hill $229,000 ▼

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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220 Elizabeth St Unit G9, Chapel Hill image
220 Elizabeth St Unit G9, Chapel Hill $229,000

Welcome to Village Green, where location, convenience, and community amenities come together just minutes from downtown Chapel Hill and UNC. Priced to give buyers / inves...

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  • 2 Beds
  • 3 Baths
  • 10188022 MLS
  • ACTIVE Status
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1002 Willow Dr Unit Apt 6, Chapel Hill image
1002 Willow Dr Unit Apt 6, Chapel Hill $229,900 ▼

A light-filled condo in Willow Terrace. The property lives like a townhome with kitchen, dining and big living room on the main floor. Plus two big bedrooms up with abund...

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  • 2 Beds
  • 2 Baths
  • 10177497 MLS
  • ACTIVE Status
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400 Summerwalk Cir, Chapel Hill image
400 Summerwalk Cir, Chapel Hill $230,000

Amazing value in an unbeatable location! Finley Forest is just minutes from UNC campus and UNC Hospitals, with convenient access via the nearby bus line. Grocery stores, ...

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  • 2 Beds
  • 2 Baths
  • 10186373 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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