Condominium at 500 Umstead Drive, Chapel Hill
Condominium at 500 Umstead Drive, Chapel Hill, photo 2 of 12
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12 photos

$1,250

500 Umstead Drive
Chapel Hill, NC 27516
Listed by Casey Ifedi · Comfortngroup LLC
Bedrooms
2
Bathrooms
2
Living area
N/A
Year built
N/A

About this home

Welcome to your home away from home. A freshly painted and decorated unit. Less than 15 minutes away from UNC Chapel Hill. Conveniently located near the university, hospital and highway. The refrigerator, stove and appliances have all been upgraded. Local dining only minutes away. Peaceful and quiet loaction. Apply today. Tenants are responsible for all utilities. Background and credit will be pulled. Renters insurance is required prior to moving in.

Property details

MLS
Canopy MLS
MLS #
CAR4372881
Property type
Condominium
Subdivision
145 Biltmore Avenue Condominiums
Status
Active
Days on market
N/A
On market date
April 21, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
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.

Elementary
Carrboro Elementary
0.96 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
1.45 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
1.75 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).

63
Walkable
out of 100
EPA National Walkability Index
10.8 / 20 -- Above average walkable
Google Places amenity density
75 / 100
Restaurants & cafes10
Grocery stores0
Parks4
Schools7
Transit stops20
Pharmacies2

Market position

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

On the market 0 days -- 106 fewer days than Chapel Hill's current average of 106 days.
For reference, the median list price across 657 active listings in Chapel Hill right now is $525,000.

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
$158/mo
$250 down
$1,000 loan
Principal & interest$6
Property tax (est.)$1
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated April 22, 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.