Attention Cash Investors! This as-is property in highly desirable Chapel Hill is priced to sell and loaded with potential. Situated on a 1-acre lot, the property includes a 3 bedroom, 1 bath property - ductwork installed, plus a walkout basement offering expansion options. Septic on property, but well is needed- An additional building is on the property (not on a permanent foundation)and used as a second residence/rental with mini-split provides immediate functionality, perfect for generating rental income or living on-site while you renovate the main property. With its prime location near US-15/501, NC-54, and NC-86, this property offers easy access to Chapel Hill, Durham, and I-40, making it ideal for future resale or rental opportunities. This is a rare chance to secure land and flexible living space in one of the Triangle's most sought-after markets.
Sold for $166,000 on 10/02/25
$166,000
2403 Butler Rd, Chapel Hill, NC 27516
3beds
--sqft
Single Family Residence, Residential
Built in 1954
1 Acres Lot
$166,100 Zestimate®
$--/sqft
$2,138 Estimated rent
Home value
$166,100
$151,000 - $183,000
$2,138/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 28, 2025 at 01:18am
Listed by:
Denise Marie Alala 919-306-4306,
Coldwell Banker Advantage,
Cori Michelle Grenier 919-356-0062,
Coldwell Banker Advantage
Bought with:
Tammy Eggleston, 295289
EGGLESTON REAL ESTATE CONSULTI
Source: Doorify MLS,MLS#: 10121729
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Space Heater, See Remarks
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Sustainable
- Basement: Unfinished, Walk-Out Access
Interior area
- Total structure area: 0
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Garage - Attached, Carport
- Attached garage spaces: 2
- Carport spaces: 1
- Covered spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch
- Has view: Yes
Lot
- Size: 1 Acres
- Features: Back Yard, Few Trees, Front Yard, Partially Cleared
Details
- Additional structures: Outbuilding, Residence, Second Residence, See Remarks
- Parcel number: 9748568212
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Asphalt, See Remarks
- Foundation: Combination
- Roof: Shingle
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Septic Tank, Unknown
- Water: See Remarks
- Utilities for property: Septic Available, See Remarks
Community & neighborhood
Location
- Region: Chapel Hill
- Subdivision: Not in a Subdivision
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2025 | Sold | $166,000+3.8% |
Source:  Doorify MLS #10121729 | ||
| 9/19/2025 | Pending sale | $160,000 |
Source: Doorify MLS #10121729 | ||
| 9/13/2025 | Listed for sale | $160,000+166.7% |
Source: Doorify MLS #10121729 | ||
| 10/27/2015 | Sold | $60,000 |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,129 -3.6% | $127,300 +23.5% |
| 2024 | $1,170 +2.1% | $103,100 |
| 2023 | $1,146 +1.6% | $103,100 -0.2% |
Find assessor info on the county website
Neighborhood: 27516
Nearby schools
GreatSchools rating
- 6/10Grady Brown ElementaryGrades: PK-5Distance: 10.3 mi
- 3/10A L Stanback MiddleGrades: 6-8Distance: 10 mi
- 6/10Cedar Ridge HighGrades: 9-12Distance: 10.5 mi
Schools provided by the listing agent
- Elementary: Orange - Grady Brown
- Middle: Orange - A L Stanback
- High: Orange - Cedar Ridge
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
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Estimated market value
$166,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$166,100