$950,000
About this home
Prime Chapel Hill location on a generous 1.79-acre lot, offered as-is and just minutes to UNC, downtown, and the dining and shops along Franklin Street. Ideally situated on highly desirable Purefoy Road near Merritt's Grill, this property presents a rare opportunity for investors, builders, or buyers ready to renovate or reimagine. Originally built in 1937, portions of the individual units have been updated over time; however, most are in need of full renovation. The property includes two structures -- one building with two units and a second with six units -- offering multiple bedrooms and flexible living spaces suited to a variety of uses. Set amid mature surroundings, the expansive lot offers both privacy and exceptional redevelopment potential, including a possible teardown and custom multi-unit rebuild. Enjoy convenient access to transit, campus, and major corridors--an outstanding opportunity in one of Chapel Hill's most sought-after locations.
Property details
- MLS #
- 10159495
- Property type
- Apartment
- Subdivision
- Not in a Subdivision
- Status
- Active
- Days on market
- 180
- On market date
- April 12, 2026
- Stories
- N/A
- Total bathrooms
- 8
- Garage spaces
- 1
- Parking spaces
- 8
- Lot size
- 1.79 acres
Location
Get directions →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).
- Enrollment
- 530
- Student:teacher ratio
- 14.3:1
- District
- Chapel Hill-Carrboro City Schools
- Enrollment
- 664
- Student:teacher ratio
- 11.6:1
- District
- Chapel Hill-Carrboro City Schools
- 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).
Market position
How this listing compares to current activity in Chapel Hill, from live MLS data.
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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated July 23, 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.