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400 W Rosemary Street 113, Chapel Hill, NC 27516 PENDING 1 of 8 400 W Rosemary Street 113, Chapel Hill, NC 27516 — photo 2 400 W Rosemary Street 113, Chapel Hill, NC 27516 — photo 3 400 W Rosemary Street 113, Chapel Hill, NC 27516 — photo 4 400 W Rosemary Street 113, Chapel Hill, NC 27516 — photo 5
1 of 8
Pending
$499,000 Est. $3,768/mo — Get pre-qualified
2beds 2baths 1,207sq ft

400 W Rosemary Street 113 · Chapel Hill, NC 27516

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Prime Rosemary Street Location | UNC Investment Opportunity Well-maintained 2-bedroom, 2-bathroom, four-story townhome-style condo in downtown Chapel Hill, just off Rosemary Street and within walking distance of UNC-Chapel Hill, UNC Hospitals, Franklin Street, restaurants, shops, and public transportation. The property offers a townhome-style layout with no neighbors above or below, hardwood floors, a gas fireplace, dining area, and a well-appointed kitchen with granite countertops and stainless steel appliances. Additional features include a private rooftop terrace and assigned covered parking, valuable amenities in downtown Chapel Hill. The location and two-bedroom floor plan make this an attractive option for the UNC student, faculty, medical, and professional rental market, subject to HOA and leasing restrictions. Currently leased through the end of July 2027, offering immediate rental income for the next owner. For parents of incoming UNC students, this creates a unique opportunity to collect rental income while their child is still in their freshman year, rather than purchasing a property that could sit vacant until their student is ready to move in. A well-positioned downtown Chapel Hill property offering immediate income, long-term ownership potential, and an exceptional location near UNC.

Features & Amenities

Living Area1,207 Sq.Ft.
Bedrooms2
Baths2
HeatingCentral, Fireplace(s)
CoolingCeiling Fan(s), Central Air
FlooringCarpet, Tile, Wood
FireplaceGas Log,Living Room
AppliancesDishwasher, Dryer, Electric Cooktop, Electric Range, Exhaust Fan, Free-Standing Refrigerator, Microwave, Oven, Range, Refrigerator, Stainless Steel Appliance(s), Washer
Interior FeaturesCeiling Fan(s), Crown Molding, Recessed Lighting, Stone Counters
LaundryIn Unit
Exterior FeaturesBalcony, Barbecue, Outdoor Grill
StyleModern
Year Built2005
ConstructionBrick Veneer
RoofFlat
FoundationPermanent
ParkingOff Street
StatusPending
SubdivisionRosemary Village
CountyOrange
Property TypeResidential
Property SubTypeCondominium
Last UpdatedOct 8, 2026
SewerPublic Sewer
Water SourcePublic
HOAYes — $330 / month
ElementaryChapel Hill Carrboro - Northside Elementary School Elementary School
MiddleChapel Hill Carrboro - RD and Euzelle Smith Middle School Middle School
HighChapel Hill Carrboro - Chapel Hill High School High School
Presented By: Mill House Properties; adam@millhouseproperties.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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