348-360 Cedar Lake Road # B, Chapel Hill NC 27516

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 348-360 Cedar Lake Road # B, Chapel Hill NC 27516
Atlanta & Southeast + Apartment Buildings
Created date: August 25, 2026
Date last updated: September 17, 2026
Price: $1,250,000Investment Analyzer NEW!

Property Description

3 duplexes, 6 units which are 2 BR, 1 bath each on a nicely wooded 5 acre lot. Good condition yet not updated. Truly work force housing as they are right now. All are leased for $950 per month/ $5700 income monthly. Fabulous rental history and future rental potential is unlimited. Plenty of room for adding carports/ garages and updating to match Chapel Hill rental rates. Super close to shopping and park and ride.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,250,000
Year Built: 1981
Opportunity Zone: No
Number of Bedrooms: 12
Number of Bathrooms: 6
Address: 348-360 Cedar Lake Road # B, Chapel Hill NC 27516, Chapel Hill, NC 27516, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

389 Collins Road

Toccoa, Georgia
Atlanta & Southeast + Apartment Buildings
Price: $324,000

303 Grady Avenue NE

Rome, Georgia
Atlanta & Southeast + Apartment Buildings
Price: $109,999

432 4th Avenue

Dalton, Georgia
Atlanta & Southeast + Apartment Buildings
Units: 1
Price: $1,725,000

Brokers

View All

Lenders

View All