INNOVATE Real Estate
1-web-or-mls-DJI_20251001130437_0567_D - 227 Schultz Street, Chapel Hill, NC 27514, Chapel Hill
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2-web-or-mls-DJI_20251001130449_0568_D - 227 Schultz Street, Chapel Hill, NC 27514, Chapel Hill
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33 photos

$184,500

227 Schultz Street, Chapel Hill, NC 27514
Chapel Hill, NC 27514
Listed by John Delgado · Keller Williams Elite Realty
Bedrooms
2
Bathrooms
2.5
Living area
N/A
Year built
1984

About this home

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. The layout delivers -- laminate flooring on the main level, stainless steel appliances in the kitchen, and two bedrooms each with their own full bath. Whether you're living solo, sharing, or investing, it just works. Outside, the lot was recently resurfaced and parking is ample -- a rarity. The pool and tennis courts are steps away. I-40, UNC, Duke, shopping and dining are all within easy reach, and the bus line runs right here. Low-maintenance living. Prime location. Ready when you are.

Property details

MLS #
10157561
Property type
Condominium
Subdivision
Kensington Trace
Status
Active
Days on market
189
On market date
April 3, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
N/A
Parking spaces
1
Lot size
N/A

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Estes Hills Elementary
2.07 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
356
Student:teacher ratio
11.1:1
District
Chapel Hill-Carrboro City Schools
Middle
Smith Middle
2.26 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
716
Student:teacher ratio
13.8:1
District
Chapel Hill-Carrboro City Schools
High
East Chapel Hill High
1.11 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.4
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
1,475
Student:teacher ratio
16.4:1
District
Chapel Hill-Carrboro City Schools

Walkability

Blended score for Chapel Hill's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

68
Walkable
out of 100
EPA National Walkability Index
15.8 / 20 -- Most walkable
Google Places amenity density
50 / 100
Restaurants & cafes2
Grocery stores2
Parks5
Schools2
Transit stops20
Pharmacies0

Market position

How this listing compares to current activity in Chapel Hill, from live MLS data.

On the market 189 days -- 63 more days than Chapel Hill's current average of 126 days.
For reference, the median list price across 634 active listings in Chapel Hill right now is $532,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$1,261/mo
$36,900 down
$147,600 loan
Principal & interest$957
Property tax (est.)$154
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated August 15, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.