314 Wake Place, Durham, NC 27701

• 3 beds |
• 1 bath |
• 1,281 sqft

Property Description

**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!

Listing Status:

Active

Date Added:

June 18, 2026

Data Last Updated:

June 23, 2026 at 11:39PM

Listing Office:

Coldwell Banker HPW : 919-467-1882

Listing Agent:

Colleen Patricia Pirozzi : 919-866-8668

MLS ID:

10174850

Interior

• General: Ceiling Fan(s)
• Laundry: InsideLaundry Room
• Flooring: Luxury Vinyl
• A/C: Central Air
• Heating: None

Exterior

• General: Rain GuttersFenced Yard
• Style: Bungalow
• Other Structures: PorchFront PorchCovered

Construction

• Roofing: Shingle
• General: ConcreteOneCrawlspace

Location

• Road/Access: City Street
• Originating MLS: Doorify MLS
• County: Durham

Lot

• Zoning: R-3Prop-Harris Joyce/Lt#04 Pl:000000-000000110845
• Fencing: Privacy

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: Doorify MLS