Investment Opportunity in the Heart of Chapel Hill Discover the perfect blend of modern design, prime location, and exceptional investment potential at 114 Rialto Street. This like-new, beautifully appointed 3-bedroom, 2.5-bath townhome offers the low-maintenance lifestyle today's buyers desire with the immediate income opportunity investors seek. Thoughtfully designed with stylish contemporary finishes throughout, the home features an open-concept floor plan, an elegant kitchen with modern cabinetry, premium countertops, stainless steel appliances, and bright, inviting living spaces ideal for everyday living and entertaining. Spacious bedrooms, luxurious baths, and quality craftsmanship create a home that feels both sophisticated and welcoming. For investors, this is an exceptional turnkey opportunity. The property is currently leased with an active tenant in place, providing immediate rental income from day one making it a truly effortless addition to any investment portfolio. Location is everything, and UNC North delivers. Ideally situated just minutes from UNC-Chapel Hill, UNC Hospitals, downtown Chapel Hill, I-40, Durham, RTP, and countless restaurants, shopping, parks, and entertainment options, this home offers unparalleled convenience. Enjoy the added benefit of being on the bus line, making commuting simple for residents, students, and professionals alike. Located within the highly regarded Chapel Hill-Carrboro City Schools, this property combines enduring value with outstanding rental appeal. Whether you're expanding your investment portfolio, seeking a worry-free income-producing property, or looking for a beautiful, move-in-ready townhome in one of Chapel Hill's most desirable communities,
For sale
$529,000
114 Rialto St, Chapel Hill, NC 27516
3beds
1,829sqft
Townhouse
Built in 2023
2,178 Square Feet Lot
$518,100 Zestimate®
$289/sqft
$205/mo HOA
What's special
Stylish contemporary finishes throughoutQuality craftsmanshipPremium countertopsSpacious bedroomsBright inviting living spacesLuxurious bathsOpen-concept floor plan
- 96 days
- 74
- 0
Zillow last checked:
Listing updated:
Listed by:
Sarah Chaires 919-593-4974,
Chapel Hill Realty Group, Inc.
Source: Doorify MLS,MLS#: 10180528
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Second
Bedroom 2
- Level: Second
Bedroom 3
- Level: Second
Heating
- Electric, Heat Pump, Zoned
Cooling
- Central Air, Zoned
Appliances
- Included: Built-In Electric Range, Dryer, Dishwasher, ENERGY STAR Qualified Appliances, Electric Range, Free-Standing Electric Range, Free-Standing Refrigerator, Free-Standing Range, Ice Maker, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer
- Laundry: Laundry Closet, In Hall, Inside, Laundry Room, Upper Level
Features
- Breakfast Bar, Ceiling Fan(s), Double Vanity, Entrance Foyer, Eat-in Kitchen, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, See Remarks, Stone Counters, Walk-In Closet(s), Living/Dining Room Combination
- Flooring: Carpet, Luxury Vinyl, Wood
- Doors: Sliding Doors
- Common walls with other units/homes: 2+ Common Walls,No One Above,No One Below
Interior area
- Total structure area: 1,829
- Total interior livable area: 1,829 sqft
- Finished area above ground: 1,829
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Additional Parking, Attached, Driveway, Garage
- Garage spaces: 2
- Uncovered spaces: 2
Accessibility
- Accessibility features: Accessible Common Area, Accessible Central Living Area, Accessible Entrance
Features
- Levels: Two
- Stories: 2
- Entry location: Front door
- Patio & porch: Front Porch, Patio, Rear Porch
- Exterior features: Private Yard, Rain Gutters, Smart Camera(s)/Recording
- Fencing: Back Yard,Fenced
- Has view: Yes
- View description: City, Neighborhood, Trees/Woods
Lot
- Size: 2,178 Square Feet
- Features: Back Yard, Near Public Transit
Details
- Parcel number: 9870917771
- Zoning: R-5-CZD
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Contemporary,Craftsman
- Property subtype: Townhouse
Materials
- Board & Batten Siding, Fiber Cement, Radiant Barrier, Shake Siding, Stone, Vertical Siding, Low VOC Paint/Sealant/Varnish
- Foundation: Concrete Perimeter, Slab
- Roof: Mixed,Shingle
Condition
- New construction: No
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Playground, Suburban, Sidewalks
- Security: 24 Hour Security, Closed Circuit Camera(s), Fire Sprinkler System, Smoke Detector(s)
- Subdivision: Bridgepoint
HOA
- Has HOA: Yes
- Amenities included: Insurance, Maintenance, Maintenance Structure, Playground, Parking
- Services included: Road Maintenance
- HOA fee: $205 monthly
- HOA name: Bridgepoint Community Association, Inc. (see docs)
- HOA phone: 904-461-5556
Location
- Region: Chapel Hill
Financial & listing details
- Price per square foot: $289/sqft
- Tax assessed value: $481,100
- Annual tax amount: $6,187
- Date on market: 7/16/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Cash,Contract,Conventional,FHA
- Ownership type: Townhouse
Estimated market value
$518,100
$492,000 - $544,000
$2,401/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Listed for sale | $529,000-3.6%$289/sqft |
Source: | ||
| 1/31/2025 | Listing removed | $2,349$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/24/2025 | Listing removed | $549,000$300/sqft |
Source: | ||
| 1/15/2025 | Price change | $2,349-4.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/18/2024 | Listed for sale | $549,000+21.2%$300/sqft |
Source: | ||
| 12/9/2024 | Price change | $2,449-5.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/20/2024 | Price change | $2,595-12.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/7/2024 | Listed for rent | $2,975+16.7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/4/2024 | Listing removed | $2,550$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/15/2024 | Price change | $2,550-10.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/5/2024 | Listed for rent | $2,850+9.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/12/2024 | Listing removed | $2,595$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/4/2024 | Price change | $2,595-13.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/20/2024 | Listed for rent | $2,995$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/29/2023 | Sold | $452,973$248/sqft |
Source: | ||
| 5/19/2023 | Pending sale | $452,973-2.2%$248/sqft |
Source: | ||
| 5/2/2023 | Listed for sale | $462,973$253/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $6,533 +3.3% | $481,100 |
| 2025 | $6,326 +16.2% | $481,100 +49.8% |
| 2024 | $5,445 +324% | $321,100 +301.4% |
| 2023 | $1,284 | $80,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 27516
Nearby schools
Schools provided by the listing agent
- Elementary: Chapel Hill Carrboro - Elizabeth Seawell Elementary School
- Middle: Chapel Hill Carrboro - RD and Euzelle Smith Middle School
- High: Chapel Hill Carrboro - Chapel Hill High School
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






