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3 Beds
1 Bath
1,281 sqft

$395,000

314 Wake Place, Durham NC, 27701

Price per sqft$308.35
Built in1920
Property size1,281 sqft
Property typeResidential
Listing courtesy of Coldwell Banker HPW

Overview

Active

Listed Jun 18, 2026

Updated 4 weeks ago

MOTIVATED SELLER! Bring all offers! **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!

$2,628/mo

Est. mortgage payment based on a $395,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
10174850

Interior Features

Bedrooms
3
Bathrooms
1
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by Colleen Patricia Pirozzi, , Coldwell Banker HPW

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Data last updated 3:40 PM UTC, 9/10/2026

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