721 Merritt Mill Road
Chapel Hill, NC 27516LOCATION, LOCATION, LOCATION! This rare investment opportunity features three structures on a single parcel, being sold together, and fully tenant-occupied. Unit 1 (721 S. Merritt Mill Road) is a detached 4-bedroom, 2-bath home with an updated kitchen. Unit 2 (710 Edwards Street) is a detached 4-bedroom, 2-bath home with an updated kitchen. Units 3 and 4 (719 A & B S. Merritt Mill Road) comprise a duplex with 2 bedrooms and 1 bath on each side. Conveniently located less than one mile from UNC Campus and near Franklin Street and Carrboro, this property presents an excellent investment opportunity in a prime Chapel Hill location. All units have ample parking.
$1,500,000
12 bedrooms
6 full bathrooms
0.44 acres
3,954 square feet
$379 per square foot
- Exterior Features
- Interior Features
- Property Features
- Construction Materials Vinyl Siding
- Lot Size Acres 0.44
- Other Structures None
- Parking Features Gravel, Off Street
- Structure Type House, Site Built, Duplex
- Above Grade Finished Area 3,954
- Appliances Dishwasher, Water Heater, Washer/Dryer, Electric Oven
- Cooling Central Air, Electric
- Cooling Y/N Yes
- Flooring Vinyl, Tile
- Heating Heat Pump, Electric
- Heating Y/N Yes
- Interior Features Living/Dining Room Combination
- Laundry Features Laundry Room
- Lot Features Near Public Transit, Landscaped, Many Trees
- Tax Annual Amount 11461.62
- Water Source Public
- Year Built 1942
Additional Property Information
- TypeSingle Family Residence
- Built1942
- NeighborhoodNot in a Subdivision
- CountyOrange
- AreaChapel Hill
- Elementary SchoolCH/Carrboro - Northside
- Middle SchoolCH/Carrboro - McDougle
- High SchoolCH/Carrboro - Chapel Hill
Listing courtesy of Dunlap Lilley Properties. © 2025 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
Property location
Monthly payment calculator
Find your amountSchedule a Tour
Ready for a tour of this house? You can either schedule an in-person walkthrough, or one of our agents can take you on a virtual tour via video call.
Similar Properties
©2025 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2025-10-11T21:03:10.000Z.