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Pending
$390,000 Est. $2,687/mo — Get pre-qualified
4beds 2baths 1,965sq ft 0.69acres

8718 Rollingwood Road · Chapel Hill, NC 27516

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Investment opportunity just minutes from Chapel Hill! Located at 8178 Rolling Wood Road, this income-producing property offers two separate living spaces with established rental income totaling $2,650 per month. The upper unit features 3 bedrooms and 1 full bath and is currently rented for $1,450/month on a month-to-month lease with a 60-day termination notice. The lower-level unit offers 1 bedroom and 1 full bath and is currently rented for $1,200/month, with a lease in place through August 2027. Several important improvements have already been completed, including a new roof and heat pump in 2025, along with a 2020 water heater and additional updates since the current owner's purchase. Enjoy a peaceful setting without sacrificing proximity to some of the Chapel Hill area's favorite destinations. The property is less than 3 miles from Maple View Farm, approximately 4 miles from Honeysuckle Tea House, and less than 6 miles from Downtown Chapel Hill. Whether you're looking to expand your rental portfolio, generate income while planning future improvements, or secure an investment property close to Chapel Hill, 8178 Rolling Wood Road offers flexibility, established tenants, and immediate income from day one.

Features & Amenities

Living Area1,965 Sq.Ft.
Bedrooms4
Baths2
HeatingHeat Pump
CoolingHeat Pump
FlooringCarpet, Vinyl
FireplaceNo
AppliancesDishwasher, Dryer, Electric Cooktop, Electric Oven, Free-Standing Electric Oven, Washer, Water Heater
StyleRanch
Year Built1971
ConstructionBrick, Vinyl Siding
RoofShingle
FoundationCombination
ParkingGravel
StatusPending
Lot Size0.69 Acres
SubdivisionRollingwood
CountyOrange
Property TypeResidential
Property SubTypeSingle Family Residence
Last UpdatedOct 9, 2026
SewerSeptic Tank
Water SourceWell
HOANo
ElementaryChapel Hill Carrboro - Morris Grove Elementary School Elementary School
MiddleChapel Hill Carrboro - Charles and Lucile McDougle Middle School Middle School
HighChapel Hill Carrboro - Chapel Hill High School High School
Presented By: Compass -- Chapel Hill - Durham; brett.bushnell@compass.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.

Pricing History

DateEventPriceChange
Oct 9, 2026 Price Reduced $400,000 → $390,000 ▾ $10,000 (2.5%)
Aug 25, 2026 Price Change $420,000 —

Monthly Cost Estimate

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

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