**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!
For sale
$415,000
314 Wake Pl, Durham, NC 27701
3beds
1,281sqft
Single Family Residence, Residential
Built in 1920
4,791 Square Feet Lot
$-- Zestimate®
$324/sqft
$-- HOA
What's special
- 15 days |
- 329 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Colleen Patricia Pirozzi 919-866-8668,
Coldwell Banker HPW
Source: Doorify MLS,MLS#: 10174850
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- None
Cooling
- Central Air
Appliances
- Laundry: Inside, Laundry Room
Features
- Ceiling Fan(s)
- Flooring: Vinyl
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,281
- Total interior livable area: 1,281 sqft
- Finished area above ground: 1,281
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch, Porch
- Exterior features: Fenced Yard, Rain Gutters
- Fencing: Privacy
- Has view: Yes
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: 110845
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence, Residential
Materials
- Concrete
- Foundation: Concrete
- Roof: Shingle
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not in a Subdivision
HOA
- Has HOA: No
Location
- Region: Durham
Financial & listing details
- Price per square foot: $324/sqft
- Tax assessed value: $337,126
- Annual tax amount: $3,341
- Date on market: 6/18/2026
- Lease term: Month To Month
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $415,000+50.9%$324/sqft |
Source: | ||
| 5/31/2023 | Sold | $275,000-5.1%$215/sqft |
Source: | ||
| 4/2/2023 | Contingent | $289,900$226/sqft |
Source: | ||
| 3/1/2023 | Listed for sale | $289,900$226/sqft |
Source: | ||
| 2/21/2023 | Contingent | $289,900$226/sqft |
Source: | ||
| 2/1/2023 | Price change | $289,900-3.3%$226/sqft |
Source: | ||
| 12/13/2022 | Price change | $299,900-6.3%$234/sqft |
Source: | ||
| 12/8/2022 | Price change | $319,900-11.1%$250/sqft |
Source: | ||
| 11/28/2022 | Price change | $359,900-2.7%$281/sqft |
Source: | ||
| 11/17/2022 | Price change | $369,900-7.5%$289/sqft |
Source: | ||
| 9/28/2022 | Listed for sale | $399,900+5612.9%$312/sqft |
Source: | ||
| 4/22/2010 | Sold | $7,000-29.3%$5/sqft |
Source: Public Record Report a problem | ||
| 3/13/2010 | Price change | $9,900-23.3%$8/sqft |
Source: Coldwell Banker Howard Perry and Walston #1707311 Report a problem | ||
| 2/10/2010 | Listed for sale | $12,900-7.9%$10/sqft |
Source: foreclosure.com Report a problem | ||
| 2/25/2009 | Sold | $14,000$11/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,342 +19.2% | $337,126 +67.7% |
| 2024 | $2,804 +6.5% | $201,017 |
| 2023 | $2,633 +2.3% | $201,017 |
| 2022 | $2,573 +0.5% | $201,017 |
| 2021 | $2,561 +2.4% | $201,017 |
| 2020 | $2,500 | $201,017 |
| 2019 | $2,500 | $201,017 +22% |
| 2018 | $2,500 +12.7% | $164,797 |
| 2017 | $2,219 +3.5% | $164,797 |
| 2016 | $2,144 | $164,797 +201.1% |
| 2015 | $2,144 +183% | $54,729 |
| 2014 | $758 | $54,729 |
| 2013 | -- | $54,729 |
| 2012 | -- | $54,729 |
| 2011 | $713 +0.4% | $54,729 |
| 2010 | $710 +4% | $54,729 |
| 2009 | $683 | $54,729 |
| 2008 | $683 +21.2% | $54,729 +37.1% |
| 2007 | $564 +1.4% | $39,925 |
| 2006 | $556 | $39,925 |
| 2005 | $556 +1.4% | $39,925 |
| 2004 | $548 | $39,925 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 27701
Nearby schools
GreatSchools rating
- 8/10George Watts ElementaryGrades: PK-5Distance: 1.2 mi
- 5/10Brogden MiddleGrades: 6-8Distance: 1.9 mi
- 3/10Riverside High SchoolGrades: 9-12Distance: 5.4 mi
Schools provided by the listing agent
- Elementary: Durham County Schools
- Middle: Durham County Schools
- High: Durham County Schools
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Durham County
- Durham
- 27701
- 314 Wake Pl







