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123 Barclay Road

Chapel Hill, NC 27516

5 beds
3 baths
1,380 sqft
14,374 sqft lot
$398 per sqft
1947 build
– on site

Presenting an exceptional opportunity in the heart of Chapel Hill, this meticulously updated one-level home offers an outstanding investment potential. Set on a private wooded lot with an open front gathering space and plenty of parking in popular Elkin Hills, this classic Carolina one level home includes a separate one-bedroom apartment, ideal for those seeking a duplex-style living arrangement, with the option to occupy one unit and generate income from the other—an ideal setup for investors or those looking to offset living expenses. Boasting a prime central Chapel Hill location, this home is just minutes from UNC, as well as downtown shops, restaurants, and a vibrant downtown nightlife. Additionally, the local YMCA is nearby, and the convenient free bus line is just steps away. Designed for low-maintenance living, recent updates include a new roof, a newer deck, upgraded LVP flooring, modern lighting, and fresh paint throughout the apartment. The main house features a galley kitchen, 4 bedrooms, 2 full baths, beautiful hardwood floors, tile, and vinyl surfaces, and no carpet. With a proven history of consistent rental income, this residence presents an unparalleled opportunity for both homeowners and investors alike. Truly a rare find. Don't miss this special Chapel Hill gem.

Listing courtesy of DMLS / Nest Realty of the Triangle

Last checked: Checking… • Last updated Mar 24, 2025 •

MLS# 10083813 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1947
New Construction:

false
Construction Materials:

See Remarks
Architectural Style:

Bungalow
Roof:

Shingle
Foundation Details:

Block
Levels:

One
Basement:

true
Basement:

Apartment
Patio And Porch Features:

Deck
Building Area Total:

1380
Building Area Units:

Square Feet
Above Grade Finished Area:

1380
Above Grade Finished Area Units:

Square Feet
Below Grade Finished Area Units:

Square Feet

Interior

Rooms Total:

9
Interior Features:

Apartment/Suite
Flooring:

Vinyl
Laundry Features:

In Hall

Room Dimensions

Living Area:

1380
Living Area Units:

Square Feet

Financial & Terms

Lease Term:

12 Months

Location

Directions:

I 40 to exit 266. South on MLK Jr Blvd. Right on Barclay Road. House on the left.
Latitude:

35.929373
Longitude:

-79.057343
Coordinates:

-79.057343, 35.929373

The Property

Property Type:

Residential
Lot Features:

Hardwood Trees
Property Subtype:

Single Family Residence
Parcel Number:

9789239142
Lot Size Acres:

0.33
Lot Size Area:

14374.8
Lot Size SqFt:

14374.8
Lot Size Units:

Square Feet
View:

true

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

4926

Beds

Bedrooms Total:

5

Baths

Total Baths:

3
Total Baths:

3
Total Baths:

3
Full Baths:

3

The Listing

Special Listing Conditions:

Standard

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electricity Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dishwasher

Schools

Elementary School:

CH/Carrboro - Carrboro
Middle Or Junior School:

CH/Carrboro - Smith
High School:

CH/Carrboro - Chapel Hill

The Community

Subdivision Name:

Elkin Hills
Association:

false
Pool Private:

false

Parking

Garage:

false
Attached Garage:

false
Parking Features:

Common
Open Parking:

true
Open Parking Spaces:

4

Monthly cost estimate

Asking price

$550,000

Expense	Monthly cost
Mortgage	$2,945
Taxes	$410
Insurance	$151
Utilities	$165 See report
Total	$3,671/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
3/21/25 Mar 21, 2025	Listed / Active	DMLS	$550,000

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This house located in Elkin Hills, Chapel Hill, NC 27516 is currently for sale for $550,000. 123 Barclay Road is a 1,380 square foot house with 5 beds and 3 baths that has been on Estately for 7 days. 123 Barclay Road is in the Elkin Hills neighborhood of Chapel Hill and has a WalkScore® of 29, making it car-dependent. This house is in the attendance area of Carrboro Elementary School, Smith Middle School, and Chapel Hill High School.

Listing Courtesy of: DMLS and Nest Realty of the Triangle.

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.