8718 Rollingwood Road
Chapel Hill, NC 27516
$390,000
Investment opportunity just minutes from Chapel Hill! Located at 8178 Rolling Wood Road, this income-producing property offers two separate living spaces with established rental income totaling $2,650 per month. The upper unit features 3 bedrooms and 1 full bath and is currently rented for $1,450/month on a month-to-month lease with a 60-day termination notice. The lower-level unit offers 1 bedroom and 1 full bath and is currently rented for $1,200/month, with a lease in place through August 2027. Several important improvements have already been completed, including a new roof and heat pump in 2025, along with a 2020 water heater and additional updates since the current owner's purchase. Enjoy a peaceful setting without sacrificing proximity to some of the Chapel Hill area's favorite destinations. The property is less than 3 miles from Maple View Farm, approximately 4 miles from Honeysuckle Tea House, and less than 6 miles from Downtown Chapel Hill. Whether you're looking to expand your rental portfolio, generate income while planning future improvements, or secure an investment property close to Chapel Hill, 8178 Rolling Wood Road offers flexibility, established tenants, and immediate income from day one.
Listing Courtesy of: Compass -- Chapel Hill - Durham
910-538-5734
| Mls #: | 10187585 |
|---|---|
| List Price: | $390,000 |
| Class: | Residential |
| Property Type: | Single Family Residence |
| Status: | Active |
| Bedrooms: | 4 |
| Full Baths: | 2 |
| Total Living Area Sq Ft: | 1,965 |
| Tax Annual Amount: | $4,020 |
| Approx Lot Sq Ft: | 30,056.0 |
| Approximate Acres: | 0.69 |
| Style: | Ranch |
| Waterfront Type: | No |
| City: | Chapel Hill |
| Subdivision: | Rollingwood |
| Zip: | 27516 |
| Year Built: | 1971 |
| State: | NC |
| Basement: | Yes |
| Elementary School 1: | Chapel Hill Carrboro - Morris Grove Elementary School |
| High School 1: | Chapel Hill Carrboro - Chapel Hill High School |
| Zoning: | RB |
| Living Area Above Grade: | 975.0 |
| Living Area Below Grade: | 990.0 |
| Roof: | Shingle |
| Flooring: | Carpet, Vinyl |
| A/C: | Heat Pump |
| Heating: | Heat Pump |
| Construction Type: | Brick, Vinyl Siding |
| Appliances: | Dryer, Dishwasher, Electric Cooktop, Electric Oven, Free-Standing Electric Oven, Washer, Water Heater |
| Lot Size Units: | Acres |
| Patio And Porch Features: | Deck |
| Heating?: | Yes |
| Bathrooms Total Integer: | 2 |
| Cooling?: | Yes |
| Basement: | Apartment |
| Special Listing Conditions: | Standard |
| Stories: | 2 |
| Fencing: | Back Yard |
| Postal Code Plus4: | 9412 |
| Lot Size Area: | 0.69 |
| Parking Features: | Gravel |
| Parcel Number: | 9769097068 |
| Water Source: | Well |
| Bathrooms Total Decimal: | $2.00 |
| Building Area Total: | 1965.0 |
| Sewer: | Septic Tank |
| Levels: | Two |
| Direction Faces: | Northeast |
| Middle Or Junior School: | Chapel Hill Carrboro - Charles and Lucile McDougle Middle School |
| Foundation Details: | Combination |
| Listing Contract Date: | 2026-08-20 |
| Structure Type: | Duplex |
| Open Parking?: | Yes |
| Road Responsibility: | Public Maintained Road |
| Listing Terms: | Cash, Conventional |
| Possession: | Close Of Escrow |
| Tax Assessed Value: | $415,900 |
| Listing Agreement: | Exclusive Right To Sell |
| Open Parking Spaces: | 3.0 |
| Original List Price: | $420,000 |
| Disclosures: | Lead Based Paint, Seller Disclosure |
| Current Financing: | Conventional |
| Common Walls: | No Common Walls |
| Main Level Bathrooms: | 1 |
| Tax Year: | 2026 |
| Lease Term: | 12 Months |
| Contract Information Years Owned2: | 1 or More Year(s) |
| Contract Information Property Leased Yn2: | Yes |
| Contract Information Lease Expiration Date: | 2027-08-01 |
| Contract Information Original Mls2: | Triangle MLS Inc |
| Location Tax And Legal Lot Number2: | 7 |
| Location Tax And Legal City Limits Yn2: | No |
| Location Tax And Legal Restrictive Covenants Yn2: | No |
| General Property Information Enhanced Accessible2: | No |
| General Property Information Primary Residence Yn: | No |
| Subscriber Confirmation Subscriber Created Text: | Yes |
| Subscriber Confirmation Subscriber Took Photos: | Yes |
| Internet Service Information 1 Advertised Top Download Speed: | 2,000 |
| Internet Service Information 1 Advertised Top Upload Speed: | 2,000 |
| Start Showing Date: | 2026-08-21 |
| Approval Status: | Yes |
| Room Types: | Bedroom 2, Bedroom 3, Primary Bedroom, Other |
| Status Change Information Price Change Timestamp: | 2026-09-30T14:30:14-05:00 |
| Contract Information Original Entry Timestamp: | 2026-08-20T12:16:03-05:00 |
| County Or Parish: | Orange |
| Room Types Bedroom 2 Level: | Main |
| Room Types Bedroom 3 Level: | Main |
| Main Level Bedrooms: | 3 |
| General Property Information Main Level Bedrooms Yn5: | Yes |
| Room Types Other Level: | Lower |
| Room Types Primary Bedroom Level: | Lower |
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Doorify MLS data last updated on October 08, 2026 05:08 PM - ET.
Property Last Updated: October 08, 2026 05:08 PM - ET
