INNOVATE Real Estate
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$529,000

114 Rialto Street, Chapel Hill, NC 27516
Chapel Hill, NC 27516
Listed by Sarah Chaires · Chapel Hill Realty Group, Inc.
Bedrooms
3
Bathrooms
2.5
Living area
N/A
Year built
2023

About this home

Investment Opportunity in the Heart of Chapel Hill Discover the perfect blend of modern design, prime location, and exceptional investment potential at 114 Rialto Street. This like-new, beautifully appointed 3-bedroom, 2.5-bath townhome offers the low-maintenance lifestyle today's buyers desire with the immediate income opportunity investors seek. Thoughtfully designed with stylish contemporary finishes throughout, the home features an open-concept floor plan, an elegant kitchen with modern cabinetry, premium countertops, stainless steel appliances, and bright, inviting living spaces ideal for everyday living and entertaining. Spacious bedrooms, luxurious baths, and quality craftsmanship create a home that feels both sophisticated and welcoming. For investors, this is an exceptional turnkey opportunity. The property is currently leased with an active tenant in place, providing immediate rental income from day one making it a truly effortless addition to any investment portfolio. Location is everything, and UNC North delivers. Ideally situated just minutes from UNC-Chapel Hill, UNC Hospitals, downtown Chapel Hill, I-40, Durham, RTP, and countless restaurants, shopping, parks, and entertainment options, this home offers unparalleled convenience. Enjoy the added benefit of being on the bus line, making commuting simple for residents, students, and professionals alike. Located within the highly regarded Chapel Hill-Carrboro City Schools, this property combines enduring value with outstanding rental appeal. Whether you're expanding your investment portfolio, seeking a worry-free income-producing property, or looking for a beautiful, move-in-ready townhome in one of Chapel Hill's most desirable communities,

Property details

MLS #
10180528
Property type
Townhouse
Subdivision
Bridgepoint
Status
Active
Days on market
86
On market date
July 16, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
2
Parking spaces
2
Lot size
0.05 acres

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
Carrboro Elementary
2.67 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
529
Student:teacher ratio
12.3:1
District
Chapel Hill-Carrboro City Schools
Middle
Smith Middle
0.86 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
Chapel Hill High
0.79 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
1,505
Student:teacher ratio
15.5:1
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).

74
Walkable
out of 100
EPA National Walkability Index
12.5 / 20 -- Above average walkable
Google Places amenity density
90 / 100
Restaurants & cafes17
Grocery stores2
Parks4
Schools5
Transit stops20
Pharmacies4

Market position

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

On the market 86 days -- 40 fewer 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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Est. monthly payment
$3,336/mo
$105,800 down
$423,200 loan
Principal & interest$2,745
Property tax (est.)$441
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated July 18, 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.