140 W Franklin Street, designed by Cline Design and completed in 2013, stands as a modern 8-story condominium in downtown Chapel Hill. This 140-unit building offers residents a prime location steps away from the University of North Carolina campus and the vibrant Franklin Street corridor. The structure combines residential living with ground-floor commercial spaces, creating a mixed-use environment that epitomizes contemporary urban living. With its central location, 140 W Franklin Street provides residents easy access to the cultural, academic, and social amenities that make Chapel Hill a desirable place to call home.
Diverse Layouts Catering to Various Lifestyles
140 W Franklin Street offers a range of floor plans to suit different needs and preferences. Studio units, starting at approximately 600 square feet, provide efficient living spaces with one bathroom. One-bedroom units range from 570 to 1,117 square feet, featuring one to one-and-a-half bathrooms, with prices ranging from $420,000 to $599,999.
For those seeking more space, two-bedroom units span 1,091 to 2,114 square feet, offering two to two-and-a-half bathrooms, and are priced between $800,000 and $1,950,000. These units often feature open floor plans with galley-style kitchens, stainless steel appliances, and granite countertops. Many two-bedroom residences include spacious balconies, providing outdoor living space and views of downtown Chapel Hill.
Three-bedroom units, ranging from 1,284 to 3,049 square feet with two to three-and-a-half bathrooms, are available from $895,000 to $2,000,000. These larger units often boast features like floor-to-ceiling windows, multiple balconies, and expansive living areas ideal for entertaining.
The most spacious offerings are the four-bedroom units, approximately 3,200 square feet with four bathrooms. These premium residences provide ample room for families or those desiring extra space.
Many units throughout the building showcase hardwood floors, large walk-in closets, and in-unit laundry facilities. Some residences have been meticulously updated, featuring custom finishes such as Calacatta marble counters, high-end appliances like Wolf and Sub-Zero, and designer lighting fixtures.
Monthly HOA fees range from $300 to $1,000, covering insurance, ground maintenance, structural maintenance, stormwater management, and trash services. This fee structure ensures that residents can enjoy a well-maintained living environment without the hassles of exterior upkeep.
Elevated Living with Premium Amenities
140 W Franklin Street offers a suite of amenities designed to enhance residents' daily lives. The building's crown jewel is the 8th-floor sky lounge, featuring a club room with panoramic views of Chapel Hill. This space includes a full kitchen and comfortable seating areas, perfect for hosting gatherings or enjoying a quiet evening with a book.
Adjacent to the club room, residents can access rooftop terraces that provide outdoor relaxation spaces and grilling areas. These terraces offer sweeping vistas of the surrounding area, creating an ideal setting for al fresco dining or sunset cocktails.
For fitness enthusiasts, the building houses a state-of-the-art fitness center on the ground floor. This well-equipped facility eliminates the need for external gym memberships, allowing residents to maintain their workout routines without leaving the building.
Security and convenience are prioritized at 140 W Franklin Street. The building offers 24-hour security and concierge services, ensuring residents' safety and assisting with daily needs. Secure parking is available in the building's garage, with some units allocated two parking spaces - a rarity in downtown Chapel Hill.
Additional amenities include individual storage lockers and bike storage, addressing residents' storage needs beyond their living spaces. The building is also pet-friendly and smoke-free, catering to a variety of lifestyle preferences.
A unique feature of 140 W Franklin Street is its small community garden, providing residents with the opportunity to cultivate their own plants and vegetables. This green space fosters a sense of community and connection to nature within the urban setting.
For those embracing eco-friendly transportation, the building offers EV charging stations, supporting the growing trend of electric vehicle ownership.
Vibrant Downtown Living with Cultural and Culinary Delights
140 W Franklin Street sits at the epicenter of Chapel Hill's dynamic downtown area. This location places residents in the midst of a thriving cultural and academic community, with the University of North Carolina campus just steps away. The proximity to the university infuses the neighborhood with a youthful energy and provides access to world-class educational resources and events.
Franklin Street, the main artery of downtown Chapel Hill, is renowned for its eclectic mix of restaurants, boutiques, and entertainment venues. Residents can explore a diverse culinary scene, from long-standing local institutions like Sutton's Drug Store, serving classic American fare for over a century, to upscale dining experiences at establishments like Lantern, known for its Asian-inspired cuisine crafted with locally sourced ingredients.
Cultural enthusiasts will appreciate the nearby Memorial Hall and Playmakers Theater, which host a variety of performances throughout the year. The Ackland Art Museum, located on the UNC campus, offers an impressive collection of art spanning different periods and cultures.
For those who enjoy outdoor activities, several parks are within easy reach. Battle Park, a forested university nature site, features walking trails and a historic stone amphitheater, providing a serene escape within the urban environment. Baldwin Park, just a short walk away, offers basketball courts, picnic areas, and a playground.
Shopping options abound in the area. Julian's, a classy boutique featuring men's and women's fashion, is just a five-minute walk from 140 W Franklin Street. For everyday needs, a Target store is conveniently located on Franklin Street.
Sports fans will revel in the proximity to Kenan Stadium and the Dean Dome, home to UNC's football and basketball teams respectively. The energy on game days is palpable throughout the neighborhood, with fans flooding the streets to celebrate victories.
The neighborhood's walkable nature allows residents to easily access these amenities without relying on a car. This pedestrian-friendly environment, combined with the area's rich cultural offerings, creates a vibrant and engaging community right outside the doorstep of 140 W Franklin Street.
Convenient Access to Local and Regional Transportation
140 W Franklin Street's central location in downtown Chapel Hill provides residents with multiple transportation options. The area's high walkability score reflects the ease with which residents can access many of their daily needs on foot. The proximity to the University of North Carolina campus and numerous shops and restaurants on Franklin Street means that many destinations are just a short stroll away.
For those who prefer two wheels, Chapel Hill's bike-friendly infrastructure makes cycling a viable option for both commuting and leisure. The area's extensive network of bike lanes and paths connects various parts of the city, promoting a healthy and environmentally friendly mode of transportation.
While personal vehicles are not a necessity for many daily activities, 140 W Franklin Street does offer secure parking for residents who own cars. This is particularly convenient for trips to destinations further afield or for commuting to nearby cities like Durham or Raleigh.
For longer journeys, the Raleigh-Durham International Airport is approximately 18 miles away, or about a 30-minute drive. This proximity allows for easy access to national and international travel.
The Chapel Hill area is served by Chapel Hill Transit, which provides bus services throughout the town and to the UNC campus. While not typically the primary mode of transportation for residents of 140 W Franklin Street, it does offer an additional option for getting around the broader Chapel Hill area.
The strategic location of 140 W Franklin Street, combined with the various transportation options available, allows residents to enjoy the benefits of urban living while maintaining the flexibility to easily explore the wider Triangle region.
Collateral AnalyticsCollateral Analytics
Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.
Black Knight®Black Knight
Black Knight’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.
First AmericanFirst American
First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.
Quantarium
Current List Price
Sold Price
Area Factors
Moderate Crime
Crime Score®
6/ 10
Very Bikeable
Bike Score®
86/ 100
Very Walkable
Walk Score®
76/ 100
Good Transit
Transit Score®
60/ 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score
WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.
Parks in this Area
Baldwin Park
3 min drive
Basketball
Grills
Picnic Area
lincoln park
3 min drive
Umstead Park
4 min drive
Basketball
Picnic Area
Trails
Westwood Park
4 min drive
Picnic Area
Playground
Parking Lot
Carrboro Farmers Market and Playground
4 min drive
Picnic Area
Trails
Playground
Battle Park
4 min drive
Trails
Parking Lot
Merritt's Pasture
5 min drive
Downtown Chapel Hill Mall
5 min drive
Trails
Parking Lot
Chapel Hill Community Park
5 min drive
Basketball
Picnic Area
Pool
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.
