16 Davie Circle, Chapel Hill, NC 27514

Chapel Hill
Local realty services provided by:ERA Live Moore
16 Davie Circle,Chapel Hill, NC 27514
$675,000
  • 4 Beds
  • 2 Baths
  • 1,886 sq. ft.
  • Multi-family
  • Pending
Listed by: dana ellington
Office: compass -- raleigh
MLS#:10171683
Source:RD

Price summary

  • Price:$675,000
  • Price per sq. ft.:$357.86

About this home

Investment Opportunity in One of Chapel Hill's Most Desirable Rental Corridors - Currently rented through July 28, 2026 at $3800 a month. Then July 28 2026-2027 for $3875. Positioned approximately one mile from the University of North Carolina at Chapel Hill, this property offers the combination investors seek most: a high-demand location, functional floor plan, and significant recent capital improvements that reduce near-term ownership costs. Located on Davie Circle, a well-established neighborhood with consistent demand from faculty, graduate students, medical professionals, and long-term residents, this property is strategically positioned to benefit from Chapel Hill's limited housing inventory and enduring rental market fundamentals. The versatile layout includes four bedrooms, creating multiple opportunities for maximizing rental income, accommodating work-from-home tenants, or supporting multi-generational living arrangements. The open design and abundant natural light enhance...

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Home facts

  • Year built:1978
  • Subdivision & Development:Davie Woods
  • Listing ID #:10171683
  • Added:57 day(s) ago
  • Updated:July 31, 2026 at 04:00 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:11
  • Flooring:Hardwood
  • Kitchen Description:Dishwasher, Disposal, Washer
  • Basement:Yes
  • Basement Description:Daylight, Finished, Full
  • Living area:1,886 sq. ft.

Heating and cooling

  • Cooling:Central Air, Heat Pump
  • Heating:Heat Pump
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1978
  • Building area:1,886 sq. ft.
  • Lot area:0.25 Acres
  • Lot Features:Landscaped
  • Architectural Style:Bungalow
  • Construction Materials:Brick Veneer, Cedar
  • Exterior Features:Deck, Porch, Rear Porch, Screened
  • Foundation Description:Permanent
  • Levels:Multi/Split

Schools

  • High school:Chapel Hill Carrboro - East Chapel Hill High School
  • Middle school:Chapel Hill Carrboro - Grey Culbreth Middle School
  • Elementary school:Chapel Hill Carrboro - Frank Porter Graham Dual Language Magnet Elementary School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$675,000
  • Price per sq. ft.:$357.86
  • Tax amount:$8,398

Features and amenities

  • Laundry features:Inside, Lower Level

Parking

  • Parking description:Driveway
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