$189,900
3 Bed · 2 Bath · 1,210 Sq Ft
Move-in ready 3BR/2BA condo — A/C, 2 parking spaces, close to parks and campus
3
Beds
2
Baths
1,210
Sq Ft
1972
Built
This well-priced Chapel Hill condo puts campus, downtown amenities and green space within easy reach. Unit A-304 offers three bedrooms and two full bathrooms across a thoughtfully laid-out 1,210 square feet. Fresh paint and clean sightlines make the interior feel updated and ready for occupation — a practical, low-fuss option for a first-time buyer or an investor seeking reliable rental potential.
Step into a bright, airy living area that accommodates distinct seating and dining zones without feeling cramped. The south-facing exposures and unobstructed windows (photos linked in the listing) help the space feel open; cooling is handled by central air-conditioning for year-round comfort. The kitchen and bathrooms are in good, move-in condition — solid functional spaces that let you move right in while leaving opportunities to personalize finishes later.
Bedrooms are well-proportioned for a condominium of this size, and the two full bathrooms support household flexibility and rental appeal. Practical conveniences include two parking spaces allocated to the unit — a notable plus in this part of Chapel Hill — and an HOA structure that handles exterior maintenance so residents spend less time on upkeep and more time enjoying the neighborhood.
Location is the standout: this unit sits minutes from downtown Chapel Hill and the University of North Carolina, with quick access to major highways and nearby Umstead Park for weekend walks and trails. Whether you’re buying to live near campus, locking in an affordable foothold in Chapel Hill, or adding to an investor portfolio, this property combines approachable price, straightforward maintenance, and a location that consistently draws interest.
Priced at $189,900, 500 Umstead Dr Unit A-304 represents an accessible entry into Chapel Hill real estate. It’s move-in ready, competitively priced for the area, and positioned for immediate occupancy or quick rental turnover. Schedule a viewing to see how this condo balances livability, location, and value in one practical package.
This condo sits in a Chapel Hill neighborhood prized for quick access to UNC and the town’s vibrant downtown. Residents enjoy short drives—or bike rides—to coffee shops, restaurants, and cultural venues along Franklin Street, plus outdoor time at nearby Umstead Park. The area blends collegiate energy with mature neighborhoods and practical commuter routes, making it a favored spot for students, faculty, professionals, and long-term residents seeking convenience and community.
This listing was posted March 7, 2026, at a price point ($189,900) that places it below many single-family median prices in Chapel Hill and makes it particularly attractive to first-time buyers and investors targeting rental demand near UNC. Specific metrics for days on market and local inventory were not supplied in the research packet, so buyers should consult the MLS for up-to-the-minute figures. Broadly speaking, condominiums and smaller units close to university precincts typically experience steady demand — competition often intensifies during academic calendar turnover and when inventory is limited. For sellers, that dynamic can favor prompt offers if pricing is competitive; for buyers, opportunities exist when a condo is priced noticeably under neighborhood single-family medians. Given this unit’s combination of location, two assigned parking spaces, and move-in condition, expect solid interest; buyer agents should prepare pre-approvals and swift offers, and sellers should verify shared-fee details and rental restrictions to highlight investor appeal.
Very good outdoor access with Umstead Park minutes away for hiking and biking, nearby running/walking paths, plus downtown green spaces and easy access to outdoor recreation around Chapel Hill and UNC.
Low
$182K
Midpoint
$190K
High
$197K
$157/SF estimated price per square foot
Derived from Redfin listing LD+JSON
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
This condo sits in a Chapel Hill neighborhood prized for quick access to UNC and the town’s vibrant downtown. Residents enjoy short drives—or bike rides—to coffee shops, restaurants, and cultural venues along Franklin Street, plus outdoor time at nearby Umstead Park. The area blends collegiate energy with mature neighborhoods and practical commuter routes, making it a favored spot for students, faculty, professionals, and long-term residents seeking convenience and community.
Market data is based on aggregated public records and may not reflect real-time conditions.
Looking to buy or sell? Connect with a licensed local agent who knows this area.
Request a ShowingYour inquiry will be connected with a licensed local real estate professional through our brokerage partner.
No agency is currently featured for this market. Join the CompCasa Local Partner Program to get your brokerage placed on property pages like this one.
Learn About the Partner ProgramCompCasa is a marketing and technology platform. All brokerage services are provided by licensed partners.