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$395,000
Listing Price3beds
1baths
1,281sqft
4,792sqft lot
314 Wake Pl, Durham, NC 27701
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Full foreclosure details
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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!
Interior Details
1281
3
1
Has Heating:
Yes
Heating Type:
Yes
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
No Basement
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
4792
Yes
Yes
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Ranch
Wood Siding
N/A
N/A
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$2,500
$77,910
$123,107
--%
$201,017
2019
$2,500
$77,910
$123,107
--%
$201,017
2018
$2,235
$36,172
$128,625
--%
$164,797
2017
$2,219
$36,172
$128,625
--%
$164,797
2016
$2,144
$36,172
$128,625
--%
$164,797
2014
$757
$14,467
$40,262
--%
$54,729
2013
$734
$14,467
$40,262
--%
$54,729
2012
$717
$14,467
$40,262
--%
$54,729
Average Home Price in 27701
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The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.





