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314 Wake Place, Durham, NC 27701

Durham
Local realty services provided by:CENTURY 21 New Beginnings
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...

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Home facts

  • Year built:1920
  • Subdivision & Development:Not in a Subdivision
  • Listing ID #:10174850
  • Added:45 day(s) ago
  • Updated:August 02, 2026 at 03:18 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
MLS LogoListings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not 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. Copyright 2026 Doorify MLS of North Carolina. All rights reserved. RD Member Broker: Ellisha Mayers

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