Attention Cash Investors! This as-is property in highly desirable Chapel Hill is priced to sell and loaded with potential. Situated on a 1-acre lot, the property includes a 3 bedroom, 1 bath property - ductwork installed, plus a walkout basement offering expansion options. Septic on property, but well is needed- An additional building is on the property (not on a permanent foundation)and used as a second residence/rental with mini-split provides immediate functionality, perfect for generating rental income or living on-site while you renovate the main property. With its prime location near US-15/501, NC-54, and NC-86, this property offers easy access to Chapel Hill, Durham, and I-40, making it ideal for future resale or rental opportunities. This is a rare chance to secure land and flexible living space in one of the Triangle's most sought-after markets.
Single-familyProperty Type
1954Year Built
1 acresLot Size
2 garage spacesParking
Listed by Denise Alala• Coldwell Banker Advantage
Listed by Cori Grenier• Coldwell Banker Advantage
Bought with Eggleston Real Estate Consulting, Inc. Eggleston• EGGLESTON REAL ESTATE CONSULTI
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
1 Acre
Year renovated
1954
Sq. Ft.
1,512
Year built
1954
Style
Single Family Residential
County
Orange County
APN
9748568212
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 2026.
AR
Agricultural Residential District
The purpose of the Agricultural Residential (AR) District is to assist in the preservation of land suitable, as a result of location, existing farming operations, soils and topography, for agricultural, silvicultural or horticultural uses and to protect such uses from the adverse effects of incompatible land uses.
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Attached Garage: Yes
Carport: Yes
Carport Spaces: 1
Garage: Yes
Garage Spaces: 2
Parking Total: 3
Interior
Bathroom Information
Bathrooms Full: 2
Bedroom Information
Bedrooms Total: 3
Interior Features
Flooring: Sustainable
Room Information
Has Basement
Unfinished, Walk-Out Access
Exterior
Building Information
Construction Materials: Asphalt, See Remarks
Building Area Total: 0.0
Structure Type: House
Exterior Features
Patio and Porch Features: Front Porch
Foundation Details: Combination
Roof: Shingle
Property information
Above Grade Finished Area: 0.0
Below Grade Finished Area: 0.0
Levels: One
Other Structures: Outbuilding, Residence, Second Residence, See Remarks
Property Condition: Fixer
Land Information
Vegetation: Partially Wooded
Lot Information
Lot Size Acres: 1.0
Lot Size Area: 1.0
Lot Size Square Feet: 43560.0
Lot Size Units: Acres
Financial
Tax Information
Tax Annual Amount: 1032.34
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Sewer: Septic Tank, Unknown
Utilities: Septic Available, See Remarks
Water Source: See Remarks
Heating & Cooling
Heating: Yes
Heating Information: Space Heater, See Remarks
Cooling: Yes
Cooling Information: Wall/Window Unit(s)
Location
HOA Information
Association: No
School Information
Elementary School: Orange - Grady Brown
Middle Or Junior School: Orange - A L Stanback
High School: Orange - Cedar Ridge
Location Information
County Or Parish: Orange
Directions: From NC 54 (E. Franklin Street/Beltline): Take NC 54 West (E. Franklin Street/Beltline) toward downtown Chapel Hill. Continue on NC 54 for approximately 2.5 miles. Exit onto Old Durham Road (exit marked for University area) and proceed north for about 1 mile. Turn left onto Butler Road, then follow Butler Road for approximately 0.3 miles. The property at 2403 Butler Road will be on your right.
Latitude: 35.9103
Longitude: -79.182762
Postal Code: 27516
Road Responsibility: Public Maintained Road
Community Information
Senior Community: No
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,512
Stories: 1.0
Lot Size: 1 acres
Style: Single Family Residential
Year Built: 1954
Year Renovated: 1954
County: Orange County
APN: 9748568212
Home facts updated by county records on Aug 26, 2026
Other
Listing Date Information
Contract Status Change Date: 2025-10-03
Documents Change Timestamp: 2025-09-16T18:48:16Z
Photos Change Timestamp: 2025-09-13T01:34:31Z
Around this home
Schools
Grady Brown Elementary
Public PreK-5 • Assigned • 10.3mi
6/10
A L Stanback Middle
Public 6-8 • Assigned • 10.0mi
4/10
Cedar Ridge High
Public 9-12 • Assigned • 10.4mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Chapel Hill, NC • 27516
Average low and high temperatures (°F)
48
27
54
34
69
43
76
52
78
57
89
66
89
72
83
66
79
62
71
50
64
43
52
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$274,000 – $332,000
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