314 Wake Place, Durham, NC 27701

Durham
Local realty services provided by:ERA Strother Real Estate
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:56 day(s) ago
  • Updated:August 11, 2026 at 03:33 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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