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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!

Highlights

  • Residential
  • Single Family Residence
  • Built in 1920
  • 0.11 Acre Lot
  • 143 days on Market

  • Bedrooms
    3
  • Bathrooms
    1
  • Year Built
    1920
  • Architectural Style
    Bungalow
  • Construction Materials
    Concrete
  • Living Area
    1281.0
  • Interior Features
    High Speed Internet, Ceiling Fan(s)
  • Flooring
    Vinyl
  • Exterior Features
    Rain Gutters
  • Patio And Porch
    Covered, Porch, Front Porch
  • Security Features
    Smoke Detector(s)
  • Cooling
    Central Air
  • Heating
    None
  • Basement
    Crawl Space

  • Acres
    0.11
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 314 Wake Pl?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 314 Wake Pl.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 314 Wake Pl?

Click Ask a Question to talk with our team. You already know it is a 3 bed, 1 bath, listed for $395,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Durham, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 314 Wake Pl?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 314 Wake Pl at around $2,420. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 314 Wake Pl?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Durham County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 314 Wake Pl?

In most cases, yes. Whether 314 Wake Pl is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Durham's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 314 Wake Pl?

We can handle that for you. Our preferred local agent specializes in residentials in Durham and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $395,000 with 1,281 sqft of space—that comes out to approximately $308 per square foot.

How long has this property been on the market?

314 Wake Pl was listed on June 18, 2026, which means it's been on the market for 143 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1920, making it approximately 106 years old.

What is the lot size of this property?

314 Wake Pl sits on a 0.11-acre lot, which is 4,792 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

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

Want to see how these schools compare? Check out our Durham County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 314 Wake Pl?

The most recent public record shows annual property taxes for 314 Wake Pl were approximately $3,342. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 314 Wake Pl still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Triangle MLS. All rights reserved.

Last Updated: November 08, 2026 at 03:47AM | Source: Triangle MLS | MLS#: 10174850