5 Howell St

Chapel Hill, NC 27514

$1,645,000
Price
—
Beds
—
Baths
7,371 Sq. Ft.
$223 / Sq. Ft.
7,371
Sq. Ft.
$223
per Sq. Ft.
Listed By Compass
Listed By Compass
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Description

Rare investor find! Explore an exceptional investment opportunity at 5 Howell Street, Chapel Hill! Situated conveniently close to UNC-Chapel Hill campus and hospital, this property boasts 9 units on a generous 1.47-acre lot. With a current monthly rent of $11,670 (leased through summer 2025) and potential for increases, it's a reliable income stream. Recent updates include a new roof installed in 2018, ensuring peace of mind for years to come. Includes off street parking. Get in on the dynamic development...Rare investor find! Explore an exceptional investment opportunity at 5 Howell Street, Chapel Hill! Situated conveniently close to UNC-Chapel Hill campus and hospital, this property boasts 9 units on a generous 1.47-acre lot. With a current monthly rent of $11,670 (leased through summer 2025) and potential for increases, it's a reliable income stream. Recent updates include a new roof installed in 2018, ensuring peace of mind for years to come. Includes off street parking. Get in on the dynamic development currently underway in the area. Whether you choose to maintain the steady rentals or redevelop (currently zoned R4 = potential for approx 5 more units) for higher returns, the possibilities are endless. Don't miss out on this prime location and its promising future!

Property Details for 5 Howell Street

Showings Expected to Begin
05-27-2025
LISTING UPDATED: 10/28/2025 04:05 AM

Property Details for 5 Howell Street

StatusActive
MLS #10098426
Days on Market206
Taxes$20,708 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1962
Lot Size1.47 AC / 64,033 SF
CountyOrange County
Buyer's Agent Compensation2.5%

Location

Listing Courtesy of: .

Add your commute

Building Information for 5 Howell Street

Stories1Residences-Year Built1962Building Size-Lot Size1.47 AC / 64,033 SF

Payment Calculator

$9,854 per month

30 year fixed, 6.28% Interest

Principal and Interest

$8,129

Property Taxes

$1,726

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Howell Street

Summary
Location and General Information
  • Directions: From NC-54 W, take a slight right onto the NC-54 W/US-15 S/US-501 S ramp toward Carrboro/Pittsboro/NC Botanical Garden. Merge onto NC-54 W/US-15 S/US-501 S and continue. Take the US-501 S/NC-86 N exit toward US-15 S/Chapel Hill/Pittsboro. Turn right onto NC-86 N/S Columbia St, then immediately turn right onto Purefoy Rd. Continue straight onto Howell St, then turn right. The destination, 5 Howell St, Chapel Hill, NC 27514, will be on your left.
  • Latitude: 35.894813
  • Longitude: -79.05535
  • Road Frontage Type: 2 Lane Road
  • Road Surface Type: Asphalt
Taxes and HOA Information
  • Tax Annual Amount: $20,707.53
  • City Limits Of: Chapel Hill
  • City Limits YN: Yes
  • Lot Number: 1-9
Contract Information
  • Years Owned: 1 or More Year(s)
Property
Lot Information
  • Building Area Total: 7371.0
  • Lot Features: Back Yard, Open Lot, Paved
  • Lot Size Dimensions: 62290.8
  • Structure Type: Triplex
  • List PriceAcre: 1119047.62
Property and Assessments
  • New Construction: No
  • Photos Count: 66
  • Property Attached: Yes
  • Below Grade Finished Area Units: Square Feet
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Level Flooring
  • Construction Materials: Brick
  • Exterior Features: Built-in Barbecue, Private Entrance
  • Foundation Details: Slab
  • Pool Private: No
  • Roof: Aluminum
  • New Construction Type: Brick, Triplex
Interior Features
  • Stories: 1
  • Basement Description: Apartment
  • Flooring: Ceramic Tile, Combination, Laminate, Vinyl
  • Cooling: Ceiling Fan(s), Central Air, Varies by Unit, Wall/Window Unit(s)
  • Cooling?: Yes
  • Heating: Baseboard, Central, Varies by Unit
  • Heating?: Yes
  • Appliances: Dishwasher, Range, Refrigerator, Washer/Dryer Stacked
  • Laundry Features: In Unit
  • Interior Features: Apartment/Suite
  • Equipment Appliances: Dishwasher, Range, Refrigerator, Washer/Dryer Stacked
  • Interior: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Brick, In Unit
  • Equipment: Dishwasher, Range, Refrigerator, Washer/Dryer Stacked, In Unit
Agent
Sale and Listing
  • Property Type: Commercial Sale
  • Property Class Name: CrossProperty
Rental
Rental Information
  • TenantPays: All Utilities

Property History for 5 Howell Street

DateEvent & SourcePriceAppreciation
Sep 22, 2025

Price Change

TRIANGLEMLS #10098426

$1,645,000—
Aug 25, 2025

Price Change

TRIANGLEMLS #10098426

$1,695,000—
Aug 11, 2025

Price Change

TRIANGLEMLS #10098426

$1,795,000—
Jul 1, 2025

Price Change

TRIANGLEMLS #10098426

$1,850,000—
May 27, 2025

Listed (Active)

TRIANGLEMLS #10098426

—
May 23, 2025

Listed (Active)

TRIANGLEMLS #10098426

$1,950,000—
Jan 1, 2012

Sold (Public Record)

Public Record #321905335

$1,000,000—
DateEvent & SourcePrice
09/22/2025

Price Change

TRIANGLEMLS #10098426

$1,645,000
08/25/2025

Price Change

TRIANGLEMLS #10098426

$1,695,000
08/11/2025

Price Change

TRIANGLEMLS #10098426

$1,795,000
07/01/2025

Price Change

TRIANGLEMLS #10098426

$1,850,000
05/27/2025

Listed (Active)

TRIANGLEMLS #10098426

—
05/23/2025

Listed (Active)

TRIANGLEMLS #10098426

$1,950,000
01/01/2012

Sold (Public Record)

Public Record #321905335

$1,000,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Howell Street

Taxable ValueLand$891,300Additions$682,100Total$1,573,400
Tax Record2025$22,251 ($1,854 / month)
Home Facts
Baths9Total Finished SqFt2,455 SqFtAbove Grade Finished SqFt2,455 SqFtStories1Lot Size64,033 SqFtStyleMulti-Family Dwelling (2-4)Year Built1962Year Renovated1997ZoningR-4CountyORANGEAPN9788-30-5517

Schools near 5 Howell Street

This home is within Chapel Hill-Carrboro City School District.
Rating
School
Type
Grades
Distance
Glenwood Elementary School
Public - K to 5
Grey Culbreth Middle School
Public - 6 to 8
East Chapel Hill High School
Public - 9 to 12
Virtual Academy School
Public - 9 to 12
Rating
School
Distance
Glenwood Elementary School
PublicK to 5

Grey Culbreth Middle School
Public6 to 8

East Chapel Hill High School
Public9 to 12

Virtual Academy School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5 Howell Street, Chapel Hill, NC 27514

5 Howell Street is a multi-family home for sale in Chapel Hill, NC 27514. This property was listed for sale on May 23, 2025 by Compass, it's currently listed at $1,645,000. It has been on the market for a total of 206 days and was last sold on January 1, 2012. This listing's school district is Chapel Hill-Carrboro City School District. Nearby schools include Glenwood Elementary School, Grey Culbreth Middle School and East Chapel Hill High School. 5 Howell Street is a 0-bed, 0-bath, 7,371 sqft multi-family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

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