University Terrace Homes under $350,000

Welcome to University Terrace, a vibrant subdivision nestled in the heart of Charlotte, North Carolina, within the beautiful Mecklenburg County. Ideal for families, young professionals, and first-time homebuyers, this charming community offers an inviting atmosphere that combines convenience with a touch of suburban tranquility.

University Terrace boasts a diverse selection of homes, with many available for under $350,000. This makes it an attractive option for those seeking affordable housing in a thriving urban environment. The homes in this subdivision showcase a variety of styles, from cozy single-family residences to modern townhomes, catering to different tastes and lifestyles. With well-maintained yards and friendly neighbors, University Terrace exudes a warm, welcoming vibe that makes you feel right at home.

Living in University Terrace means you’re just a stone’s throw away from the best that Charlotte has to offer. Residents enjoy easy access to a plethora of shopping, dining, and entertainment options, as well as proximity to major highways and public transportation. The nearby University City area is home to the University of North Carolina at Charlotte, providing a lively atmosphere filled with cultural events and activities.

For those who appreciate the outdoors, University Terrace is conveniently located near several parks and recreational areas, perfect for family outings or leisurely strolls. With its affordable homes and prime location, University Terrace is not just a place to live; it’s a community where you can thrive. Come discover your perfect home today!

Newest University Terrace Homes under $350,000

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

9519 University Terrace Drive Unit #A, Charlotte

$255,000

4 Beds ⋅ 2 Baths ⋅ 4396994 MLS

First-floor 4BD/2BA 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. Ideal setup for room rentals with a privacy lock on each bedroom. Washer, dryer, and refrigerator convey — new owners can place tenants immediately. Kitchen updated in 2025: new dishwasher, new countertops, and tile backsplash. Cute patio with exterior storage. 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.

9519 University Terrace Drive Unit #A, Charlotte

9539 University Terrace Drive Unit #D, Charlotte

$267,000

4 Beds ⋅ 2 Baths ⋅ 4388479 MLS ⋅ University Terrace BLDG.

This unit is currently partially occupied (as of 9/26/26) until July 15th 2027 but can be purchased now. * Granite Countertops * Newer Stainless steel kitchen appliance * Washer and Dryer included in your unit * Updated floors and ceramic tile **Tenant requires 24 hour notice before showing.

9539 University Terrace Drive Unit #D, 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 .