Real Estate Investment Properties for Sale in Wake Forest, NC

Looking for investment property in Wake Forest, NC with high ROI ?

Explore a variety of short-term homes & houses in Wake Forest, NC. Invest wisely with VRBO & Wake Forest, NC Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Townhouses for Sale in Wake Forest, NC

Search for Townhouse for Sale in Wake Forest, North Carolina. Browse all of Mashvisor’s Townhouse listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 117 Townhouse listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
518 Retreat Lane Wake Forest, NC Beautifully upgraded 3 bedroom 2.5 bath townhome with one car garage in the amazing Creek ...	3 beds \| 2 baths \| 1,590 sq.ft.	$327,900	Airbnb cash on cash: -0.38% Traditional cash on cash: 4.08% Airbnb Rental Income: $1162 Traditional Rental Income: $2154 Airbnb ROI: -0.38% Traditional ROI: 4.08%
518 Oak Forest View Lane Wake Forest, NC Must see, stunning 3-bedroom corner lot townhome in Traditions. 1st floor luxury vinyl flo...	3 beds \| 2 baths \| 1,809 sq.ft.	$345,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 3.16% Airbnb Rental Income: $1162 Traditional Rental Income: $1942 Airbnb ROI: -0.42% Traditional ROI: 3.16%
506 Oak Forest View Lane Wake Forest, NC Discover this well-appointed 3-bedroom, 2.5-bath townhome in the desirable Traditions comm...	3 beds \| 3 baths \| 1,628 sq.ft.	$329,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 3.76% Airbnb Rental Income: $1162 Traditional Rental Income: $2058 Airbnb ROI: -0.37% Traditional ROI: 3.76%
1019 Tranquil Creek Way Wake Forest, NC Gorgeous end-unit former model townhome in the heart of Wake Forest! The main level featur...	4 beds \| 4 baths \| 2,198 sq.ft.	$345,000	Airbnb cash on cash: -1.09% Traditional cash on cash: 5.26% Airbnb Rental Income: $948 Traditional Rental Income: $2658 Airbnb ROI: -1.09% Traditional ROI: 5.26%
212 Sugar Maple Avenue Wake Forest, NC Nestled on a secluded, dead end road, this Wake Forest gem offers a blend of modern sophis...	2 beds \| N/A baths \| 1,368 sq.ft.	$274,900	Airbnb cash on cash: 0.41% Traditional cash on cash: 3.25% Airbnb Rental Income: $1233 Traditional Rental Income: $1575 Airbnb ROI: 0.41% Traditional ROI: 3.25%
1341 Legacy Greene Avenue Wake Forest, NC Price adjusted to $299,900 with $8,000 in CC with acceptable offer. This townhouse in Wake...	3 beds \| 3 baths \| 1,674 sq.ft.	$299,900	Airbnb cash on cash: -0.31% Traditional cash on cash: 3.42% Airbnb Rental Income: $1162 Traditional Rental Income: $1833 Airbnb ROI: -0.31% Traditional ROI: 3.42%
4447 Middletown Drive Wake Forest, NC 3.25% Assumable VA with Roam! Come see this immaculately cared for townhome in the heart o...	3 beds \| 3 baths \| 1,867 sq.ft.	$315,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 4.28% Airbnb Rental Income: $1162 Traditional Rental Income: $2101 Airbnb ROI: -0.18% Traditional ROI: 4.28%
978 Gateway Commons Circle Wake Forest, NC Priced below market value, this is one of the best values in all of Wake Forest! Just a fe...	3 beds \| 4 baths \| 2,216 sq.ft.	$339,900	Airbnb cash on cash: -0.42% Traditional cash on cash: 2.88% Airbnb Rental Income: $1162 Traditional Rental Income: $1833 Airbnb ROI: -0.42% Traditional ROI: 2.88%
1327 Legacy Greene Avenue Wake Forest, NC Spacious turn key townhouse on the edge of Heritage in Wake Forest. This move in ready 3 b...	3 beds \| 3 baths \| 1,764 sq.ft.	$314,900	Airbnb cash on cash: -0.39% Traditional cash on cash: 3.17% Airbnb Rental Income: $1162 Traditional Rental Income: $1833 Airbnb ROI: -0.39% Traditional ROI: 3.17%
3820 Prince Noah Loop Wake Forest, NC Welcome to the highly sought-after Stonegate community-perfectly situated near US-401 and ...	3 beds \| 3 baths \| 1,685 sq.ft.	$292,500	Airbnb cash on cash: 0.46% Traditional cash on cash: 4.12% Airbnb Rental Income: $1162 Traditional Rental Income: $1789 Airbnb ROI: 0.46% Traditional ROI: 4.12%
820 Laurel Gate Drive Wake Forest, NC Beautiful 3 story townhome and move in ready! Recently built in 2023 with modern features ...	3 beds \| 2 baths \| 1,800 sq.ft.	$350,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 3.16% Airbnb Rental Income: $1162 Traditional Rental Income: $1962 Airbnb ROI: -0.44% Traditional ROI: 3.16%
401 Hammond Oak Lane Wake Forest, NC Back on the market through no fault of the property or the sellers. FIRST-FLOOR OWNER'S SU...	3 beds \| 2 baths \| 1,948 sq.ft.	$439,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 2.74% Airbnb Rental Income: $1162 Traditional Rental Income: $2150 Airbnb ROI: -0.59% Traditional ROI: 2.74%
231 Highgate Circle Wake Forest, NC Discover this charming 2-bedroom end-unit townhome nestled in a quaint neighborhood within...	2 beds \| 2 baths \| 896 sq.ft.	$290,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 3.22% Airbnb Rental Income: $1233 Traditional Rental Income: $1607 Airbnb ROI: 0.4% Traditional ROI: 3.22%
409 Triumph Lane Wake Forest, NC Don't miss this move-in-ready gem that perfectly blends modern style, functional design, a...	3 beds \| 2 baths \| 2,260 sq.ft.	$420,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 1.85% Airbnb Rental Income: $1162 Traditional Rental Income: $1833 Airbnb ROI: -0.83% Traditional ROI: 1.85%
1014 Tranquil Creek Way Wake Forest, NC Perfect Opportunity to become a HOMEOWNER!!! A recent price improvement, a $3,000 lender c...	3 beds \| 3 baths \| 1,609 sq.ft.	$318,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 3.34% Airbnb Rental Income: $1162 Traditional Rental Income: $1897 Airbnb ROI: -0.4% Traditional ROI: 3.34%
317 Conrad Lane Wake Forest, NC Move-in ready 3-bedroom townhome built just 3 years ago in a desirable Wake Forest locatio...	3 beds \| 3 baths \| 1,559 sq.ft.	$320,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 3.85% Airbnb Rental Income: $1162 Traditional Rental Income: $1919 Airbnb ROI: 0.06% Traditional ROI: 3.85%
321 Conrad Lane Wake Forest, NC Lower your payment with LOW HOA. Excellent condition 2023 MOVE in Ready END UNIT townhome ...	3 beds \| 3 baths \| 1,588 sq.ft.	$327,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 3.74% Airbnb Rental Income: $1162 Traditional Rental Income: $1925 Airbnb ROI: 0.01% Traditional ROI: 3.74%
266 Shingle Oak Road Wake Forest, NC Move in Ready End Unit Townhome, Primary Bedroom on Main Floor, Serene View as it Backs up...	3 beds \| 2 baths \| 1,970 sq.ft.	$388,400	Airbnb cash on cash: -0.49% Traditional cash on cash: 2.98% Airbnb Rental Income: $1162 Traditional Rental Income: $2044 Airbnb ROI: -0.49% Traditional ROI: 2.98%
715 Traditions Grande Boulevard Wake Forest, NC Welcome to 715 Traditions Grande Blvd, a beautiful end-unit townhome in the sought-after T...	4 beds \| 4 baths \| 2,142 sq.ft.	$348,000	Airbnb cash on cash: -1.16% Traditional cash on cash: 4.55% Airbnb Rental Income: $948 Traditional Rental Income: $2469 Airbnb ROI: -1.16% Traditional ROI: 4.55%
577 Forestville Road Wake Forest, NC Beautifully maintained brick townhome offering 4 bedrooms and 3.5 baths with a thoughtful,...	4 beds \| 4 baths \| 2,301 sq.ft.	$360,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 4.24% Airbnb Rental Income: $948 Traditional Rental Income: $2412 Airbnb ROI: -1.12% Traditional ROI: 4.24%
565 Marthas View Way Wake Forest, NC Rare 2-Story Townhomes in Wake Forest The Southport plan offers 3 beds, 2.5 baths, open li...	3 beds \| 2 baths \| 1,631 sq.ft.	$314,900	Airbnb cash on cash: -0.32% Traditional cash on cash: 4.22% Airbnb Rental Income: $1162 Traditional Rental Income: $2124 Airbnb ROI: -0.32% Traditional ROI: 4.22%
3854 Wild Meadow Lane Wake Forest, NC Location doesn't get much better than this. Situated in the highly desirable Heritage area...	2 beds \| 3 baths \| 1,567 sq.ft.	$322,900	Airbnb cash on cash: -0.31% Traditional cash on cash: 3.49% Airbnb Rental Income: $1233 Traditional Rental Income: $1992 Airbnb ROI: -0.31% Traditional ROI: 3.49%
747 Parkside Townes Court Wake Forest, NC Highly desirable end-unit townhome in the sought-after Heritage community of Wake Forest--...	3 beds \| 3 baths \| 1,562 sq.ft.	$309,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 2.73% Airbnb Rental Income: $1162 Traditional Rental Income: $1775 Airbnb ROI: -0.7% Traditional ROI: 2.73%
860 Whistable Avenue Wake Forest, NC Impeccably maintained luxury end-unit townhome built in 2023, tucked into the intimate Liv...	3 beds \| 2 baths \| 2,597 sq.ft.	$519,900	Airbnb cash on cash: -1.06% Traditional cash on cash: 2.51% Airbnb Rental Income: $1162 Traditional Rental Income: $2511 Airbnb ROI: -1.06% Traditional ROI: 2.51%
937 Alma Railway Drive unit: 555 Wake Forest, NC Built by McKinley Homes, now offering a builder promotion! In the Heart of Downtown with S...	3 beds \| 3 baths \| 1,590 sq.ft.	$325,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 4.14% Airbnb Rental Income: $1162 Traditional Rental Income: $2016 Airbnb ROI: 0.09% Traditional ROI: 4.14%
957 Alma Railway Drive Wake Forest, NC Custom Built by McKinley Homes, now offering a builder promotion! In the Heart of Downtown...	3 beds \| 3 baths \| 1,636 sq.ft.	$330,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 4.1% Airbnb Rental Income: $1162 Traditional Rental Income: $2016 Airbnb ROI: 0.11% Traditional ROI: 4.1%
949 Alma Railway Drive Wake Forest, NC Custom Built by McKinley Homes, now offering a builder promotion! In the Heart of Downtown...	3 beds \| 2 baths \| 1,978 sq.ft.	$399,900	Airbnb cash on cash: -0.23% Traditional cash on cash: 3.45% Airbnb Rental Income: $1162 Traditional Rental Income: $2156 Airbnb ROI: -0.23% Traditional ROI: 3.45%
945 Alma Railway Drive unit: 559 Wake Forest, NC END UNIT with 2-CAR GARAGE! Built by McKinley Homes, now offering a builder promotion! In ...	3 beds \| 2 baths \| 1,957 sq.ft.	$399,900	Airbnb cash on cash: -0.26% Traditional cash on cash: 3.41% Airbnb Rental Income: $1162 Traditional Rental Income: $2156 Airbnb ROI: -0.26% Traditional ROI: 3.41%
955 Alma Railway Drive unit: 563 Wake Forest, NC Built by McKinley Homes, now offering a builder promotion! In the Heart of Downtown with S...	3 beds \| 3 baths \| 1,584 sq.ft.	$325,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 4.2% Airbnb Rental Income: $1162 Traditional Rental Income: $2033 Airbnb ROI: 0.09% Traditional ROI: 4.2%
951 Alma Railway Drive unit: 561 Wake Forest, NC Built by McKinley Homes, now offering a builder promotion! In the Heart of Downtown with S...	3 beds \| 3 baths \| 1,586 sq.ft.	$330,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 4.11% Airbnb Rental Income: $1162 Traditional Rental Income: $2033 Airbnb ROI: 0.07% Traditional ROI: 4.11%
122 Daisy Meadow Lane Wake Forest, NC Property owned by US Dept of HUD Case # 387-564238. Insurable Code IE (Insurable with escr...	4 beds \| 4 baths \| 2,162 sq.ft.	$330,100	Airbnb cash on cash: -1.17% Traditional cash on cash: 4.98% Airbnb Rental Income: $948 Traditional Rental Income: $2509 Airbnb ROI: -1.17% Traditional ROI: 4.98%
1352 Bessie Court Wake Forest, NC 3% of Purchase Price in Closing Costs with Preferred Lender!! Spacious 2-Story Townhomes i...	3 beds \| 3 baths \| 1,901 sq.ft.	$349,900	Airbnb cash on cash: 0.3% Traditional cash on cash: 4.81% Airbnb Rental Income: $1162 Traditional Rental Income: $2264 Airbnb ROI: 0.3% Traditional ROI: 4.81%
1227 Bessie Court Wake Forest, NC Model Home for Sale! All decor on the walls is transferred with the home. Spacious 2-Story...	3 beds \| 2 baths \| 1,901 sq.ft.	$359,900	Airbnb cash on cash: -0.39% Traditional cash on cash: 4.13% Airbnb Rental Income: $1162 Traditional Rental Income: $2308 Airbnb ROI: -0.39% Traditional ROI: 4.13%
549 Forestville Road Wake Forest, NC This luxury 3-story townhome is located in the heart of Wake Forest and includes 3 bedroom...	3 beds \| 4 baths \| 2,273 sq.ft.	$409,990	Airbnb cash on cash: -0.61% Traditional cash on cash: 4.36% Airbnb Rental Income: $1162 Traditional Rental Income: $2690 Airbnb ROI: -0.61% Traditional ROI: 4.36%
1120 Fairway Villas Drive Wake Forest, NC Are you looking for a lower maintenance home? This townhome lives like a single family hom...	3 beds \| 3 baths \| 2,168 sq.ft.	$420,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 3.06% Airbnb Rental Income: $1162 Traditional Rental Income: $2367 Airbnb ROI: -0.9% Traditional ROI: 3.06%
541 Forestville Road Wake Forest, NC This luxury 3-story townhome is located in the heart of Wake Forest and includes 3 bedroom...	3 beds \| 4 baths \| 2,273 sq.ft.	$414,990	Airbnb cash on cash: -0.62% Traditional cash on cash: 4.29% Airbnb Rental Income: $1162 Traditional Rental Income: $2690 Airbnb ROI: -0.62% Traditional ROI: 4.29%
553 Forestville Road Wake Forest, NC This luxury 3-story townhome is located in the heart of Wake Forest and includes 3 bedroom...	3 beds \| 4 baths \| 2,273 sq.ft.	$429,990	Airbnb cash on cash: -0.67% Traditional cash on cash: 4.08% Airbnb Rental Income: $1162 Traditional Rental Income: $2690 Airbnb ROI: -0.67% Traditional ROI: 4.08%
1365 Bessie Court Wake Forest, NC 4.99% (5.753% APR)!* Between August 19-31, 2025, you can take advantage of fixed-rate FHA ...	3 beds \| 2 baths \| 1,630 sq.ft.	$319,900	Airbnb cash on cash: 0.41% Traditional cash on cash: 5.15% Airbnb Rental Income: $1162 Traditional Rental Income: $2205 Airbnb ROI: 0.41% Traditional ROI: 5.15%
1363 Bessie Court Wake Forest, NC 4.99% (5.753% APR)!* Between August 19-31, 2025, you can take advantage of fixed-rate FHA ...	3 beds \| 2 baths \| 1,900 sq.ft.	$346,900	Airbnb cash on cash: 0.31% Traditional cash on cash: 5.11% Airbnb Rental Income: $1162 Traditional Rental Income: $2343 Airbnb ROI: 0.31% Traditional ROI: 5.11%

Your search for investment property begins and ends here

Townhouses for Sale in Wake Forest, NC

518 Retreat Lane

Wake Forest, NC

3 beds | 2 baths | 1,590 sq.ft.

$327,900

Airbnb cash on cash: -0.38%

Traditional cash on cash: 4.08%

Airbnb Rental Income: $1162

Traditional Rental Income: $2154

Airbnb ROI: -0.38%

Traditional ROI: 4.08%

518 Oak Forest View Lane

Wake Forest, NC

3 beds | 2 baths | 1,809 sq.ft.

$345,000

Airbnb cash on cash: -0.42%

Traditional cash on cash: 3.16%

Airbnb Rental Income: $1162

Traditional Rental Income: $1942

Airbnb ROI: -0.42%

Traditional ROI: 3.16%

506 Oak Forest View Lane

Wake Forest, NC

3 beds | 3 baths | 1,628 sq.ft.

$329,000

Airbnb cash on cash: -0.37%

Traditional cash on cash: 3.76%

Airbnb Rental Income: $1162

Traditional Rental Income: $2058

Airbnb ROI: -0.37%

Traditional ROI: 3.76%

1019 Tranquil Creek Way

Wake Forest, NC

4 beds | 4 baths | 2,198 sq.ft.

$345,000

Airbnb cash on cash: -1.09%

Traditional cash on cash: 5.26%

Airbnb Rental Income: $948

Traditional Rental Income: $2658

Airbnb ROI: -1.09%

Traditional ROI: 5.26%

212 Sugar Maple Avenue

Wake Forest, NC

2 beds | N/A baths | 1,368 sq.ft.

$274,900

Airbnb cash on cash: 0.41%

Traditional cash on cash: 3.25%

Airbnb Rental Income: $1233

Traditional Rental Income: $1575

Airbnb ROI: 0.41%

Traditional ROI: 3.25%

1341 Legacy Greene Avenue

Wake Forest, NC

3 beds | 3 baths | 1,674 sq.ft.

$299,900

Airbnb cash on cash: -0.31%

Traditional cash on cash: 3.42%

Airbnb Rental Income: $1162

Traditional Rental Income: $1833

Airbnb ROI: -0.31%

Traditional ROI: 3.42%

4447 Middletown Drive

Wake Forest, NC

3 beds | 3 baths | 1,867 sq.ft.

$315,000

Airbnb cash on cash: -0.18%

Traditional cash on cash: 4.28%

Airbnb Rental Income: $1162

Traditional Rental Income: $2101

Airbnb ROI: -0.18%

Traditional ROI: 4.28%

978 Gateway Commons Circle

Wake Forest, NC

3 beds | 4 baths | 2,216 sq.ft.

$339,900

Airbnb cash on cash: -0.42%

Traditional cash on cash: 2.88%

Airbnb Rental Income: $1162

Traditional Rental Income: $1833

Airbnb ROI: -0.42%