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For sale
    • Price cut: $4K (8/28)
    $395,000

    314 Wake Pl, Durham, NC 27701

    3beds
    1,281sqft
    : 
    $2,579/mo
    Get pre-qualified
    Single Family Residence
    Built in 1920
    4,791 Square Feet Lot
    $-- Zestimate®
    $308/sqft
    $-- HOA

    What's special

    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!
    107 days
    178
    14

    Zillow last checked:

    Listing updated:

    Listed by:

    Colleen Patricia Pirozzi 919-866-8668,

    Coldwell Banker HPW

    Source: Doorify MLS,MLS#: 10174850MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bedrooms: 3
      Primary bedroom
      • Level: Main
      • Area: 179.56 Square Feet
      • Dimensions: 13.4 x 13.4
      Heating
      • None
      Cooling
      • Central Air
      Appliances
      • Laundry: Inside, Laundry Room
      Features
      • Ceiling Fan(s)
      • Flooring: Luxury Vinyl
      • 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: Rain Gutters, Fenced Yard
      • Fencing: Privacy
      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
      Materials
      • Concrete
      • Foundation: Crawlspace
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      HOA
      • Has HOA: No
      Location
      • Region: Durham

      Financial & listing details

      • Price per square foot: $308/sqft
      • Tax assessed value: $337,126
      • Annual tax amount: $3,341
      • Date on market: 6/18/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Lease term: Month To Month
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/28/2026Price change$395,000-1%$308/sqft
        Source: Doorify MLS #10174850 Report a problem
        7/27/2026Price change$399,000-3.9%$311/sqft
        Source: Doorify MLS #10174850 Report a problem
        6/18/2026Listed for sale$415,000+50.9%$324/sqft
        Source: Doorify MLS #10174850 Report a problem
        5/31/2023Sold$275,000-5.1%$215/sqft
        Source: Doorify MLS #2475880 Report a problem
        4/2/2023Contingent$289,900$226/sqft
        Source: Doorify MLS #2475880 Report a problem
        3/1/2023Listed for sale$289,900$226/sqft
        Source: Doorify MLS #2475880 Report a problem
        2/21/2023Contingent$289,900$226/sqft
        Source: Doorify MLS #2475880 Report a problem
        2/1/2023Price change$289,900-3.3%$226/sqft
        Source: Doorify MLS #2475880 Report a problem
        12/13/2022Price change$299,900-6.3%$234/sqft
        Source: Doorify MLS #2475880 Report a problem
        12/8/2022Price change$319,900-11.1%$250/sqft
        Source: Doorify MLS #2475880 Report a problem
        11/28/2022Price change$359,900-2.7%$281/sqft
        Source: Doorify MLS #2475880 Report a problem
        11/17/2022Price change$369,900-7.5%$289/sqft
        Source: Doorify MLS #2475880 Report a problem
        9/28/2022Listed for sale$399,900+5612.9%$312/sqft
        Source: Doorify MLS #2475880 Report a problem
        4/22/2010Sold$7,000-29.3%$5/sqft
        Source: Public Record Report a problem
        3/13/2010Price change$9,900-23.3%$8/sqft
        Source: Coldwell Banker Howard Perry and Walston #1707311 Report a problem
        2/10/2010Listed for sale$12,900-7.9%$10/sqft
        Source: foreclosure.com Report a problem
        2/25/2009Sold$14,000$11/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 27701

        Getting around

        66 / 100
        Somewhat Walkable
        43 / 100
        Some Transit
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

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