001_img_6099-edit-edit_983 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
002_img_6075-edit_52 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
004_img_6100-edit_885 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
005_img_6036-edit_325 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
006_img_6039-edit_610 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
007_img_6042-edit_471 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
008_img_6045-edit_580 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
009_img_6065-edit_807 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
010_img_6068-edit_102 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
011_img_6053-edit_919 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
012_img_6047-edit_61 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
013_img_6050-edit_529 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
014_img_6056-edit_639 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
015_img_6059-edit_814 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
016_img_6061-edit_340 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
017_img_6071-edit_361 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
022_img_6101-edit_299 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
023_2-edit_37 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
024_3-edit_701 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
025_1-edit_729 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
026_img_6105-edit_22 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
1000007092 - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
1000007107 - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
1000007094 - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
1000007102 - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
1000007109 - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
027_img_6106-edit_556 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
028_img_6108-edit_792 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
029_img_6107-edit_888 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
030_img_6080-edit_434 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
032_img_6084-edit_225 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
033_img_6085-edit_800 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
034_img_6086-edit_513 - Copy - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
036_img_6088-edit_375 - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
037_img_6089-edit_853 - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
038_img_6090-edit_50 - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
039_img_6095-edit_94 - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
041_img_6097-edit_869 - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
042_img_6098-edit_416 - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
348 floorplan - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
1000007111 - 348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
41 photos

$1,150,000

348-360 Cedar Lake Road A & B, Chapel Hill, NC 27516
Chapel Hill, NC 27516
Listed by Julia Tucker · Long & Foster Real Estate INC
Bedrooms
12
Bathrooms
6
Living area
N/A
Year built
1981

About this home

3 duplexes, 6 units which are 2 BR, 1 bath each on a nicely wooded 5 acre lot. Good condition yet not updated. Truly work force housing as they are right now. All are leased for $950 per month/ $5700 income monthly. Fabulous rental history and future rental potential is unlimited. Plenty of room for adding carports/ garages and updating to match Chapel Hill rental rates. Super close to shopping and park and ride.

Property details

MLS
Doorify MLS
MLS #
10171077
Property type
Duplex
Subdivision
Cedar Lake
Status
Active
Days on market
139
On market date
June 1, 2026
Stories
N/A
Total bathrooms
6
Garage spaces
N/A
Parking spaces
N/A
Lot size
4.99 acres
Loading map…

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
Perry W Harrison Elementary
4.54 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
225
Student:teacher ratio
11.8:1
District
Chatham County Schools
Middle
Margaret B. Pollard Middle
2.44 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
775
Student:teacher ratio
17.6:1
District
Chatham County Schools
High
Northwood High
7.72 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
1,124
Student:teacher ratio
15.8:1
District
Chatham County 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).

20
Car-dependent
out of 100
EPA National Walkability Index
6.0 / 20 -- Below average walkable
Google Places amenity density
5 / 100
Restaurants & cafes0
Grocery stores1
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

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

On the market 139 days -- 33 more days than Chapel Hill's current average of 106 days.
For reference, the median list price across 658 active listings in Chapel Hill right now is $524,900.

Mortgage calculator

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

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$7,075/mo
$230,000 down
$920,000 loan
Principal & interest$5,967
Property tax (est.)$958
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated September 25, 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.