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$399,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,281 Sq. Ft.
  • 0.11 Acres
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**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!

Full Property Details for 314 Wake Pl

General

  • Price: $399,000
  • Taxes: $3,341
  • Status: Active
  • Type: Single Family
  • Source: 2218
  • MLS ID: 10174850
  • Updated: 7/27/2026
  • Added to Site: 66 day(s) ago

Rental Information

  • Lease/Rent Term: Month To Month

Interior

  • Number of Rooms: 1
  • Interior Features: Ceiling Fan(s)
  • Flooring: Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Inside, Laundry Room

Exterior

  • Exterior Features: Fenced Yard, Rain Gutters
  • Porch/Patio/Deck: Covered, Front Porch, Porch

Location

  • County: Durham
  • Subdivision: Not in a Subdivision
  • Driving Directions: Highway 147 to Fayetteville sT that turns into Elizabeth st. Follow until left on Wake Place. House is halfway down the street.
  • City Limits: Yes

School Information

  • Elementary School: Durham County Schools
  • Middle School: Durham County Schools
  • High School: Durham County Schools

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: None

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Bungalow
  • Structure Type: House
  • Exterior Const.: Concrete
  • Roof: Shingle
  • Common Walls: No Common Walls
  • Building Size: 1281
  • Square Feet: 1,281
  • Finished Above Grnd: 1,281 Sq. Ft.
  • Year Built: 1920

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,791.6
  • Frontage: City Street
  • Street/Road Desc.: Paved
  • Fence: Yes
  • Zoning: R-3
  • Fencing (Description): Privacy

Financial Considerations

  • Tax Amount: $3,341.93

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 110845
  • Lot Number: 4

Listed by Coldwell Banker HPW, Colleen Patricia Pirozzi (919) 866-8668

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Listing agent

— 314 Wake Pl —

  • Colleen Patricia Pirozzi

    Coldwell Banker HPW

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 314 Wake Pl

School District:Durham Public Schools
NameGradesDistance
George Watts Elementary
700 Watts Street, Durham, NC 27701
K-51.2 mi
Brogden Middle
1001 Leon Street, Durham, NC 27704
6-81.9 mi
Riverside High School, Durham, NC
3218 Rose of Sharon Road, Durham, NC 27712
9-125.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 314 Wake Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/27/2026
Price Reduced
$399,000
-3.86%
MLS
6/18/2026
Listed
$415,000
50.91%
MLS
5/17/2023
Sold
$275,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 314 Wake Pl

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,342
19%
$337,126
68%
2024
$2,804
6%
$201,017
—
2023
$2,633
2%
$201,017
—
2022
$2,573
—
$201,017
—
2021
$2,561
2%
$201,017
—
2020
$2,500
—
$201,017
—
2019
$2,500
12%
$201,017
22%
2018
$2,235
1%
$164,797
—
2017
$2,219
3%
$164,797
—
2016
$2,144
183%
$164,797
201%
2015
$758
—
$54,729
—
2014
$758
3%
$54,729
—
2013
$734
—
$54,729
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Coldwell Banker HPW, Colleen Patricia Pirozzi (919) 866-8668

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314 Wake Place, Durham, NC 27701 (MLS# 10174850) is a Single Family property with 3 bedrooms and 1 full bathroom. 314 Wake Place is currently listed for $399,000 and was received on June 18, 2026. Want to learn more about 314 Wake Place? Do you have questions about finding other Single Family real estate for sale in Durham? You can browse all Durham real estate or contact a Coldwell Banker agent to request more information.

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