314 Wake Place, Durham, NC 27701
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
314 Wake Place,Durham, NC 27701
$399,000
- 3 Beds
- 1 Baths
- 1,281 sq. ft.
- Multi-family
- Active
Listed by: colleen patricia pirozzi
Office: coldwell banker hpw
MLS#:10174850
Source:RD
Price summary
- Price:$399,000
- Price per sq. ft.:$311.48
About this home
**INVESTOR ALERT in the Heart of Durham!** This charming 3-bedroom, 1-bath bungalow offers endless possibilities for investors and homeowners alike. Currently tenant-occupied at $1,850/month, the property is being successfully operated as a full-time Airbnb with a long, proven history of strong rental performance and consistent income. Keep the current tenant in place and start generating immediate cash flow, continue its use as a short-term or long-term rental, or make it your own personal residence. The fenced backyard provides plenty of space for pets, entertaining, gardening, or simply relaxing outdoors. Ideally situated in a vibrant Durham location, you'll enjoy being within walking distance of popular restaurants, local breweries, and neighborhood parks. Plus, you're just a 4-minute drive from the Durham Performing Arts Center (DPAC) and Durham Bulls Athletic Park. Whether you're looking to expand your investment portfolio or find a home in a highly desirable location, this property offers flexibility, income potential, and exceptional convenience. The possibilities are endless!...
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Home facts
- Year built:1920
- Subdivision & Development:Not in a Subdivision
- Listing ID #:10174850
- Added:49 day(s) ago
- Updated:August 06, 2026 at 03:17 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:1
- Flooring:Luxury Vinyl
- Living area:1,281 sq. ft.
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1920
- Building area:1,281 sq. ft.
- Lot area:0.11 Acres
- Architectural Style:Bungalow
- Construction Materials:Concrete
- Exterior Features:Covered, Fenced Yard, Front Porch, Porch, Rain Gutters
- Foundation Description:Concrete
- Levels:One
Schools
- High school:Durham County Schools
- Middle school:Durham County Schools
- Elementary school:Durham County Schools
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$399,000
- Price per sq. ft.:$311.48
- Tax amount:$3,342
Features and amenities
- Laundry features:Inside, Laundry Room
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