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5 Howell Street, Chapel Hill, NC 27514

For Sale

$1,645,000

7,371 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $223.17
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

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!
MLS# 10098426

Courtesy Of Compass North Carolina

(919) 999-8482

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Basement, Ceiling Fan
  • Appliances
    Dishwasher, Range, Refrigerator
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Brick
  • Floor Covering
    Tile - Ceramic, Vinyl, Laminate
  • Heating System
    Baseboard
  • Lot Size
    1.47 Acres
  • Rooms
    Basement

Map and Directions

Directions to 5 Howell Street, Chapel Hill, NC 27514

Home seller CENTURY 21 Triangle Group

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Triangle Group

(919) 720-4217
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.