721 S Merritt Mill Road, Chapel Hill, NC 27516

Local realty services provided by:Better Homes and Gardens Real Estate Paracle
721 S Merritt Mill Road,Chapel Hill, NC 27516
$1,500,000
  • 12 Beds
  • 6 Baths
  • 3,954 sq. ft.
  • Multi-family
  • Active
Listed by:beth akers
Office:dunlap lilley properties
MLS#:10127100
Source:RD

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$379.36

About this home

LOCATION, LOCATION, LOCATION! This rare investment opportunity features three structures on a single parcel, being sold together, and fully tenant-occupied. Unit 1 (721 S. Merritt Mill Road) is a detached 4-bedroom, 2-bath home with an updated kitchen. Unit 2 (710 Edwards Street) is a detached 4-bedroom, 2-bath home with an updated kitchen. Units 3 and 4 (719 A & B S. Merritt Mill Road) comprise a duplex with 2 bedrooms and 1 bath on each side. Conveniently located less than one mile from UNC Campus and near Franklin Street and Carrboro, this property presents an excellent investment opportunity in a prime Chapel Hill location. All units have ample parking.

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Home facts

  • Year built:1942
  • Listing ID #:10127100
  • Added:1 day(s) ago
  • Updated:October 10, 2025 at 08:53 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:6
  • Full bathrooms:6
  • Living area:3,954 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Electric, Heat Pump

Structure and exterior

  • Roof:Shingle
  • Year built:1942
  • Building area:3,954 sq. ft.
  • Lot area:0.44 Acres

Schools

  • High school:CH/Carrboro - Chapel Hill
  • Middle school:CH/Carrboro - McDougle
  • Elementary school:CH/Carrboro - Northside

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$379.36
  • Tax amount:$11,461
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