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    Wake County, NC Short Term Rental Properties for Sale

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    Renovated Mixed-Use Downtown Property
    Updated: Mar 6
    Renovated Mixed-Use Downtown Property

    242 W Academy Street, Wendell, NC 27591

    $895,000
    3,632 sqft 0.45 AC lot
    Fronts 3 separate roads in Downtown Wendell: Wendell Blvd, Marshburn Rd, and Academy St
    Multiple addresses/buildings: 242 W Academy and 3169 Wendell Blvd, each with separate power and utilities
    2000 SF fully renovated historic home (VRBO): separate listing and has produced about $45k/year in rent over 8 years
    Zoned residential and can be converted to commercial (per remarks)
    Second building is a fully renovated office/retail single‑tenant space at 1,632 SF with separate rent of about $25k/year
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    This listing looks promising.

    Here's a quick look at some key insights for

    242 W Academy Street, Wendell, NC 27591

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    • Est. Cap Rate

      6.2%
      Above avg (5.9%)

    • Est. NOI

      $56K
      Annual

    • Price @ 7% Cap

      $796K
      Suggested

    • Property Type

      Single Family Residence
      Built 1915
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    Four-Unit Corner Lot Income Property
    Updated: Apr 3
    Four-Unit Corner Lot Income Property

    509 Cape Avenue, Raleigh, NC 27601

    $969,000
    2,513 sqft 0.29 AC lot
    Two fully leased duplexes in Downtown Raleigh facing Chavis Park grounds
    4 renovated and permitted units: two 1 bed/1 bath and two 2 bed/1 bath
    Units are individually metered for water and electric; tenants pay utilities (no gas)
    No HOA; off‑street and on‑street parking plus large corner lot
    Year built 1940 with block and brick veneer construction; shingle roof
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    Historic Quadplex with Rear Parking
    Historic Quadplex with Rear Parking

    1110 Glenwood Avenue, Raleigh, NC 27605

    $1,100,000
    3,192 sqft 0.17 AC lot

    Four renovated apartments with alley-access parking, including three long-term tenants and one month-to-month unit.

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    Development Opportunity with Rental Income
    Development Opportunity with Rental Income

    517 Buck Jones, Raleigh, NC 27606

    $3,678,900

    3186 sq. ft. property with ASR approval for development.

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    Two New Construction Duplexes
    Two New Construction Duplexes

    1508 Boyer Street, Raleigh, NC 27610

    $1,275,000
    4,080 sqft 0.10 AC lot

    Built in 2025, each duplex includes a long-term leased unit and a furnished short-term rental unit.

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    New Duplex Investment Opportunity
    New Duplex Investment Opportunity

    1510 Boyer Street, Raleigh, NC 27610

    $1,275,000
    4,080 sqft 0.10 AC lot

    New construction duplex with long and short term rental income.

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    Furnished 3BR Townhome Investment
    Furnished 3BR Townhome Investment

    5748 3 Oaks Drive, Raleigh, NC 27612

    $315,000
    1,400 sqft 0.02 AC lot

    Newly renovated 3BR/2.5BA furnished townhome with en suite bedrooms and two parking spaces, offered turnkey for short-term rental income.

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    Updated Duplex in Downtown Raleigh
    Updated Duplex in Downtown Raleigh

    740 Quarry Street, Raleigh, NC 27601

    $435,000
    936 sqft 0.17 AC lot

    Turnkey duplex in downtown Raleigh, ideal for short-term rentals.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 8 Active listings in Wake County, NC, we suggest exploring several alternatives:

    Wake County, NC Short Term Rental Properties Market Trends and Statistics

    Explore 8 short term rental properties for sale in Wake County, NC, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 18,433 square feet of properties for sale, with an estimated market value of $5,949,000.

    Sale prices for short term rental properties in Wake County, NC start at $435,000, averaging $991,500, and reaching up to $1,275,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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