20230809044241524658000000-o - 400 W Rosemary Street 113, Chapel Hill, NC 27516, Chapel Hill
400_RM_1 - 400 W Rosemary Street 113, Chapel Hill, NC 27516, Chapel Hill
400_RM_7 - 400 W Rosemary Street 113, Chapel Hill, NC 27516, Chapel Hill
400_RM_6 - 400 W Rosemary Street 113, Chapel Hill, NC 27516, Chapel Hill
IMG_8936 - 400 W Rosemary Street 113, Chapel Hill, NC 27516, Chapel Hill
400_RM_@ - 400 W Rosemary Street 113, Chapel Hill, NC 27516, Chapel Hill
400_RM_5 - 400 W Rosemary Street 113, Chapel Hill, NC 27516, Chapel Hill
400_RM_4 - 400 W Rosemary Street 113, Chapel Hill, NC 27516, Chapel Hill
8 photos

$499,000

400 W Rosemary Street 113, Chapel Hill, NC 27516
Chapel Hill, NC 27516
Listed by Ying Zhu · Mill House Properties
Bedrooms
2
Bathrooms
2
Living area
N/A
Year built
2005

About this home

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.

Highlights

Fireplace

Property details

MLS #
10191205
Property type
Condominium
Subdivision
Rosemary Village
Status
Active
Days on market
31
On market date
September 8, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
1
Lot size
N/A
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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
FPG Elementary
0.97 mi away · Grades -1-5
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
530
Student:teacher ratio
14.3:1
District
Chapel Hill-Carrboro City Schools
Middle
Smith Middle
2.3 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
3.89 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).

86
Highly walkable
out of 100
EPA National Walkability Index
15.2 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores6
Parks14
Schools17
Transit stops20
Pharmacies8

Market position

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

On the market 31 days -- 95 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
$3,155/mo
$99,800 down
$399,200 loan
Principal & interest$2,589
Property tax (est.)$416
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 28 days ago.

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.