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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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314 Wake Pl , Durham, NC 27701
$399,000
Est. Payment: $2,056.13/mo
3 Bed
1 Bath
1281 Sqft
Status: active | Days on site: 44
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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!

Highlights

Listed by Colleen Patricia Pirozzi , 919-866-8668 Coldwell Banker HPW , 919-467-1882. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Residential

Lot/Acreage
0.11

Year Built

1920

County

Durham

Neighborhood

Not in a Subdivision

Listing ID

10174850

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:1
  • Full Bathrooms:1
Air Cond:Central Air
Fireplaces:
Floor:Vinyl
Above Ground Sq Ft:1281
Below Ground Sq Ft:0
Other:Ceiling Fan(s)
Other:Public

Exterior Features

Zoning:R-3
Roof:Shingle
Others:Fenced Yard,Rain Gutters,Covered,Front Porch,Porch
Sewer:Public Sewer
Principal Interest
$2,056
Taxes
$278

Home Price

$399,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$79,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,056.13

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,056.13 $278.49 $0.00 $2,334.62
Yearly $24,673.55 $3,341.93 $0.00 $28,015.48
Total $740,206.49 $100,257.90 $0.00 $840,464.39

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Durham, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-08-02T01:24:44.000Z

© 2026 Triangle MLS, Inc. of North Carolina

MLS Logo - Triangle MLS, Inc. of North Carolina