University Terrace Homes under $250,000

Welcome to University Terrace, a delightful gem nestled in the heart of Charlotte, North Carolina. This vibrant subdivision offers an inviting blend of community charm and accessibility, making it a perfect choice for first-time homebuyers, young families, and savvy investors alike.

University Terrace is strategically located near the renowned University of North Carolina at Charlotte, providing residents with a lively atmosphere filled with cultural and educational opportunities. The neighborhood is characterized by its tree-lined streets, friendly neighbors, and a strong sense of community, ensuring that you’ll feel right at home from the moment you arrive.

One of the standout features of University Terrace is the availability of homes priced under $250,000. This affordability is a rare find in the bustling Charlotte real estate market, making it an attractive option for those seeking value without compromising on quality. These homes often feature cozy layouts, well-maintained yards, and the potential for personalization, allowing you to create your dream space without breaking the bank.

In addition to its affordable housing options, University Terrace boasts convenient access to major highways, shopping centers, and local parks, ensuring that everything you need is just a short drive away. Whether you’re looking to enjoy a day of shopping, dining, or outdoor recreation, this neighborhood has it all.

Discover the charm and convenience of University Terrace today—where affordable living meets a vibrant community spirit in the heart of Charlotte!

Newest University Terrace Homes under $250,000

9509 University Terrace Drive Unit #G, Charlotte

$239,900

4 Beds ⋅ 2 Baths ⋅ 4424781 MLS

Recently renovated 4BD/2BA 2nd floor condo directly across the street from UNC Charlotte — prime student housing location with limited units currently available for sale in the community. Just under 1,100 sqft per tax record. Currently operated as a room-by-room rental. Heat pump and central A/C replaced in 2022 and water heater replaced in 2025. Kitchen & both bathrooms renovated in 2023. Internet included through HOA (Spectrum Community Solutions). Leases typically run August–July following the UNCC academic calendar. Room rents in the community starting at $525. Utilities commonly bundled into rent with a usage cap. Deliver vacant or occupied. A smart addition to your investment portfolio. Let's make this your next investment!

9509 University Terrace Drive Unit #G, Charlotte

9519 University Terrace Drive Unit #G, Charlotte

$239,900

4 Beds ⋅ 2 Baths ⋅ 4424801 MLS

4BD/2BA 2nd-floor condo directly across the street from UNC Charlotte in University Terrace — one of only a few units currently for sale in this student-housing community. About 1,100 sqft per tax record. Set up as a room-by-room rental with each bedroom leased separately. Heat pump and central A/C replaced in 2022. HOA dues include internet through Spectrum Community Solutions. Leases follow the UNCC academic calendar, typically August through July. Room rents in the community start at $525, with utilities usually bundled into rent under a usage cap. Can be delivered vacant or occupied. Pair it with 9509G nearby for a two-unit portfolio purchase. Let's make this your next investment!

9519 University Terrace Drive Unit #G, Charlotte

9547 University Terrace Drive Unit #E, Charlotte

$230,000

4 Beds ⋅ 2 Baths ⋅ 4424671 MLS ⋅ University Terrace BLDG.

Seriously motivated Seller-Fully rented University Terrace Condo Investment Property. Building is close to UNCC with easy access to the crosswalk for access to University bus stops at the parking lots across the street. Second floor unit with an open floor plan. 4 bedrooms and 2 baths. Currently leased. Units rent by bedrooms. Three 1 year leases through July 31,2027 and 1 is currently month to month. Each person has their own bedroom and there are 2 shared bathrooms. Leases must remain in place through the end of the leases. Will be available with an accepted offer. $500.00 per bedroom with owner covering $50.00 of utilities (max 200 per month). Any amount over $200.00 is split between tenants. Laminate and vinyl flooring. Baths have had new vanities in the last 2 years. Tenants require up to a 48 hour notice for showings and LA must accompany. DO NOT Disturb Tenants without an appointment.

9547 University Terrace Drive Unit #E, Charlotte

9523 University Terrace Drive Unit #H, Charlotte

$250,000

4 Beds ⋅ 2 Baths ⋅ 4424623 MLS

BUILDINGS DIRECTLY ACROSS FROM UNCC - 4 BED/2 BATH CONDO on the 2nd floor ready for investors!! Unit has tile flooring as well as LVP throughout - no carpet. Refrigerator, microwave, washer & dryer convey with the condo. Internet is included thru the HOA (Spectrum Community Solutions). Owners renting usually include utilities - currently advertised as $525/room for rent. Great Investment Property - Over 33K Students enrolled per chatgpt, so if you are looking for a great investment, this is it!! ALSO IN MLS FOR RENT PER ROOM - SEE MLS# 4424653

9523 University Terrace Drive Unit #H, Charlotte

Start Your Search

“The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither The M Homes Group nor any listing broker shall 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 and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Carolina Multiple Listing Services, Inc.”

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .