For sale

$159,900

312 Chapel Hill Rd, Burlington, NC 27215

2beds

844sqft

$1,059/mo

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Single Family Residence, Residential

Built in 1948

8,712 Square Feet Lot

$159,000 Zestimate^®

$189/sqft

$-- HOA

What's special

Well-maintained 2BR/1BA investment property offering immediate rental income with additional upside potential. Recent HVAC replacement in 2021 helps reduce near-term capital expenses. Seller prefers to sell this property as part of a portfolio but will consider individual property sales. Please do not disturb tenant. Property may be shown only after an accepted contract during the Due Diligence Period. Photographs were taken prior to tenant occupancy. See the attached Alamance Residential Investment Portfolio Summary for information on the complete portfolio, including current and estimated market rents, recent capital improvements, and the other available properties.

4 days

285

11

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Heat Pump

Cooling

Central Air

Features

Flooring: Hardwood
Has fireplace: No

Interior area

Total structure area: 844
Total interior livable area: 844 sqft
Finished area above ground: 844
Finished area below ground: 0

Property

Features

Levels: One
Stories: 1
Has view: Yes

Lot

Size: 8,712 Square Feet

Details

Parcel number: 122034
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence, Residential

Materials

Aluminum Siding
Roof: Shingle

Condition

New construction: No
Year built: 1948

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Not in a Subdivision

HOA

Has HOA: No

Location

Region: Burlington

Financial & listing details

Price per square foot: $189/sqft
Tax assessed value: $139,072
Annual tax amount: $1,467
Date on market: 8/5/2026
Lease term: Month To Month

Estimated market value

$159,000

$132,000 - $183,000

$1,385/mo

Price history

Date	Event	Price
8/5/2026	Listed for sale	$159,900+201.7%$189/sqft
Source: Doorify MLS #10184381 Report a problem
6/7/2005	Sold	$53,000$63/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$652 +8.6%	$139,072
2023	$601 +27.6%	$139,072 +91.9%
2022	$471 -1.5%	$72,454
2021	$478 -1%	$72,454
2020	$483 -0.5%	$72,454
2019	$485 +12.7%	$72,454
2018	$431	$72,454
2017	$431 -51%	$72,454 -4.5%
2016	$878	$75,906
2015	$878	$75,906

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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