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    Wendell, NC
    Short Term Rental

    Wendell, NC Short Term Rental Properties for Sale

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    Knightdale, NC Zebulon, NC Bailey, NC Clayton, NC Middlesex, NC Raleigh, NC Wake Forest, NC Youngsville, NC
    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
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Wendell, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Duplex with Detached Garage
    Duplex with Detached Garage

    1111 Midland Terrace, Durham, NC 27704

    $400,000
    1,802 sqft 0.31 AC lot

    Duplex in R-5 zoning with central air and public water and sewer.

    View details
    Duplex with Short-Term Rental Unit
    Duplex with Short-Term Rental Unit

    1510 Boyer Street, Raleigh, NC 27610

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

    New-construction duplex with one unit leased long term and a second furnished unit operating as a short-term rental.

    View details
    Two-Unit Duplex with In-Unit Laundry
    Two-Unit Duplex with In-Unit Laundry

    1107 Worth Street, Durham, NC 27701

    $410,000
    1,600 sqft 0.13 AC lot

    Two separate units in a fully renovated R-3 duplex with in-unit laundry hookups and two HVAC systems.

    View details
    New Construction Duplex
    New Construction Duplex

    1510 Boyer Street, Raleigh, NC 27610

    $1,275,000

    One unit has a long-term lease, while the other operates as a furnished short-term rental through Airbnb.

    View details

    Wendell, NC Short Term Rental Properties Market Trends and Statistics

    Explore 1 short term rental properties for sale in Wendell, NC on our real estate platform. These investment opportunities span a total of 3,632 square feet of properties for sale, with an estimated market value of $895,000.

    Sale prices for short term rental properties in Wendell, NC average $895,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Short term rental properties 2
    Duplexes 1

    Demographics Overview

    Population 27K
    Population Growth (5Y) +26.8%
    Median Household Income $76,710
    College Educated 40.9%

    High-Yield Neighborhoods for Investment

    Identify Wendell submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    27591 $895K

    Taxes & Financing

    Tax Rate (average for all types) 0.99%
    Property Tax per SF $16.40 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wake County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Wake County

    Residential Income

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