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314 Wake Place, 
Durham, NC 27701

$415,000

3

Beds

1

Bath

1,281

Sq Ft

Multi-Family

Active

Listed by

Colleen Pirozzi
Coldwell Banker Howard Perry and Walston

919-467-1882

Last updated:

June 18, 2026, 08:03 PM

MLS#

10174850

Source:

RD

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Source MLS Verified

About This Home

314 Wake Place

**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!

Home Facts

Multi-Family

1 Bath

3 Bedrooms

Built in 1920

Price Summary

415,000

$323 per Sq. Ft.

MLS #:

10174850

Last Updated:

June 18, 2026, 08:03 PM

Added:

2 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,281 Sq. Ft.

Structure

Structure

Architectural Style:

Bungalow

Building Area:

1,281 Sq. Ft.

Year Built:

1920

Lot

Lot Size (Sq. Ft):

4,792

Finances & Disclosures

Finances

Price:

$415,000

Price per Sq. Ft:

$323 per Sq. Ft.

314 Wake Place
office logo

Colleen Pirozzi

(919) 866-8668

(919) 866-8668

Contact
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.