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 87 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 \| N/A baths \| 1,590 sq.ft.	$335,000	Airbnb cash on cash: 2.58% Traditional cash on cash: 4.25% Airbnb Rental Income: $2178 Traditional Rental Income: $2154 Airbnb ROI: 2.58% Traditional ROI: 4.25%
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 \| 3 baths \| 1,809 sq.ft.	$345,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 3.16% Airbnb Rental Income: $2178 Traditional Rental Income: $1942 Airbnb ROI: 2.19% Traditional ROI: 3.16%
506 Oak Forest View Lane Wake Forest, NC MOTIVATED SELLER $5,000.00 Flex Cash and 1 Year Home Warranty with an acceptable offer...	3 beds \| N/A baths \| 1,637 sq.ft.	$335,000	Airbnb cash on cash: 2.29% Traditional cash on cash: 3.66% Airbnb Rental Income: $2178 Traditional Rental Income: $2058 Airbnb ROI: 2.29% Traditional ROI: 3.66%
1013 New Creek Way Wake Forest, NC Are you seeking the energy efficiency and low maintenance carefree lifestyle of townhome l...	3 beds \| N/A baths \| 1,751 sq.ft.	$340,000	Airbnb cash on cash: 2.4% Traditional cash on cash: 3.87% Airbnb Rental Income: $2178 Traditional Rental Income: $2096 Airbnb ROI: 2.4% Traditional ROI: 3.87%
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: 0.05% Traditional cash on cash: 5.55% Airbnb Rental Income: $1275 Traditional Rental Income: $2658 Airbnb ROI: 0.05% Traditional ROI: 5.55%
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: 0.48% Traditional cash on cash: 3.25% Airbnb Rental Income: $1257 Traditional Rental Income: $1575 Airbnb ROI: 0.48% Traditional ROI: 3.25%
8334 Bratt Avenue Wake Forest, NC A True Gem of a Townhome! Welcome to this charming brick townhome featuring a spacious, op...	3 beds \| N/A baths \| 1,489 sq.ft.	$300,000	Airbnb cash on cash: 3.52% Traditional cash on cash: 4.41% Airbnb Rental Income: $2178 Traditional Rental Income: $1876 Airbnb ROI: 3.52% Traditional ROI: 4.41%
417 Austin View Boulevard Wake Forest, NC Welcome to this beautiful luxurious move-in ready 4 bedroom, 3.5 bath townhome with style ...	4 beds \| N/A baths \| 2,220 sq.ft.	$349,999	Airbnb cash on cash: -0.29% Traditional cash on cash: 5.28% Airbnb Rental Income: $1275 Traditional Rental Income: $2705 Airbnb ROI: -0.29% Traditional ROI: 5.28%
803 Townes Park Street Wake Forest, NC MOTIVATED SELLER!! Immaculate & VERY CLEAN. - 3 bedroom, 2.5 bathroom in the Heart of Wake...	3 beds \| 2 baths \| 1,656 sq.ft.	$319,000	Airbnb cash on cash: 2.99% Traditional cash on cash: 4.39% Airbnb Rental Income: $2178 Traditional Rental Income: $2044 Airbnb ROI: 2.99% Traditional ROI: 4.39%
1122 Willowgrass Lane Wake Forest, NC Prime Location & Modern Comfort! This beautifully maintained townhouse features an open fl...	3 beds \| N/A baths \| 1,659 sq.ft.	$365,000	Airbnb cash on cash: 2.62% Traditional cash on cash: 3.16% Airbnb Rental Income: $2178 Traditional Rental Income: $1812 Airbnb ROI: 2.62% Traditional ROI: 3.16%
153 Etteinne Garden Lane Wake Forest, NC Discover this beautifully upgraded end-unit townhome with a 2-car garage, and private wood...	3 beds \| 2 baths \| 1,811 sq.ft.	$400,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 3.64% Airbnb Rental Income: $2178 Traditional Rental Income: $2170 Airbnb ROI: 2.19% Traditional ROI: 3.64%
820 Laurel Gate Drive Wake Forest, NC Buyer Incentive Offered! Beautiful 3 story townhome and move in ready. Recently built in 2...	3 beds \| N/A baths \| 1,716 sq.ft.	$360,000	Airbnb cash on cash: 2.05% Traditional cash on cash: 3.05% Airbnb Rental Income: $2178 Traditional Rental Income: $1962 Airbnb ROI: 2.05% Traditional ROI: 3.05%
515 Gateway Townes Boulevard Wake Forest, NC UPDATE: Seller offering up to $5k in rate buy down/closing costs with acceptable offer clo...	4 beds \| 4 baths \| 2,686 sq.ft.	$399,900	Airbnb cash on cash: -0.32% Traditional cash on cash: 3.62% Airbnb Rental Income: $1275 Traditional Rental Income: $2354 Airbnb ROI: -0.32% Traditional ROI: 3.62%
401 Hammond Oak Lane Wake Forest, NC FIRST-FLOOR OWNER'S SUITE. Freshly painted and move-in ready, this 3-bedroom, 2.5-bath end...	3 beds \| 2 baths \| 1,948 sq.ft.	$439,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 2.71% Airbnb Rental Income: $2178 Traditional Rental Income: $2150 Airbnb ROI: 1.44% Traditional ROI: 2.71%
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.	$295,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 3.61% Airbnb Rental Income: $1257 Traditional Rental Income: $1607 Airbnb ROI: 0.92% Traditional ROI: 3.61%
1205 Fairview Club Drive Wake Forest, NC Charming Townhome in the Desirable Heritage Community! Welcome to this beautifully designe...	3 beds \| 2 baths \| 1,869 sq.ft.	$399,900	Airbnb cash on cash: 2.21% Traditional cash on cash: 3.25% Airbnb Rental Income: $2178 Traditional Rental Income: $2017 Airbnb ROI: 2.21% Traditional ROI: 3.25%
734 Gimari Drive Wake Forest, NC This modern & immaculate 3-story, 1-car garage townhome is move-in ready!! Only 3 years yo...	3 beds \| 4 baths \| 1,777 sq.ft.	$310,000	Airbnb cash on cash: 3.35% Traditional cash on cash: 4.91% Airbnb Rental Income: $2178 Traditional Rental Income: $2081 Airbnb ROI: 3.35% Traditional ROI: 4.91%
321 Conrad Lane Wake Forest, NC Step into this modern and beautifully designed home featuring a spacious layout perfect fo...	3 beds \| N/A baths \| 1,590 sq.ft.	$334,900	Airbnb cash on cash: 2.7% Traditional cash on cash: 3.65% Airbnb Rental Income: $2178 Traditional Rental Income: $1925 Airbnb ROI: 2.7% Traditional ROI: 3.65%
2250 Sweet Annie Way Wake Forest, NC This well-appointed townhome offers the perfect combination of privacy and convenience. Ba...	3 beds \| N/A baths \| 1,707 sq.ft.	$320,000	Airbnb cash on cash: 2.66% Traditional cash on cash: 3.51% Airbnb Rental Income: $2178 Traditional Rental Income: $1884 Airbnb ROI: 2.66% Traditional ROI: 3.51%
4205 Ginger Sprout Drive Wake Forest, NC Experience modern living in this beautifully updated 3-bedroom, 2.5-bath townhome in the d...	3 beds \| N/A baths \| 1,567 sq.ft.	$280,000	Airbnb cash on cash: 3.38% Traditional cash on cash: 4.07% Airbnb Rental Income: $2178 Traditional Rental Income: $1809 Airbnb ROI: 3.38% Traditional ROI: 4.07%
567 Marthas Vw Way Wake Forest, NC 4.99% (5.753% APR)!* Between August 19-31, 2025, you can take advantage of fixed-rate FHA ...	3 beds \| N/A baths \| 1,685 sq.ft.	$319,900	Airbnb cash on cash: 2.6% Traditional cash on cash: 4.32% Airbnb Rental Income: $2178 Traditional Rental Income: $2143 Airbnb ROI: 2.6% Traditional ROI: 4.32%
1351 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 \| 1,631 sq.ft.	$325,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 4.16% Airbnb Rental Income: $2178 Traditional Rental Income: $2124 Airbnb ROI: 2.53% Traditional ROI: 4.16%
1349 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 \| 3 baths \| 1,901 sq.ft.	$349,900	Airbnb cash on cash: 2.22% Traditional cash on cash: 4.23% Airbnb Rental Income: $2178 Traditional Rental Income: $2285 Airbnb ROI: 2.22% Traditional ROI: 4.23%
937 Alma Railway Drive unit: 555 #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: 2.86% Traditional cash on cash: 4.14% Airbnb Rental Income: $2178 Traditional Rental Income: $2016 Airbnb ROI: 2.86% 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 \| N/A baths \| 1,636 sq.ft.	$330,000	Airbnb cash on cash: 2.84% Traditional cash on cash: 4.1% Airbnb Rental Income: $2178 Traditional Rental Income: $2016 Airbnb ROI: 2.84% 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 \| N/A baths \| 1,978 sq.ft.	$399,900	Airbnb cash on cash: 2.03% Traditional cash on cash: 3.45% Airbnb Rental Income: $2178 Traditional Rental Income: $2156 Airbnb ROI: 2.03% Traditional ROI: 3.45%
945 Alma Railway Drive unit: 559 #559 Wake Forest, NC Built by McKinley Homes, now offering a builder promotion! In the Heart of Downtown with S...	3 beds \| N/A baths \| 1,957 sq.ft.	$399,900	Airbnb cash on cash: 2% Traditional cash on cash: 3.41% Airbnb Rental Income: $2178 Traditional Rental Income: $2156 Airbnb ROI: 2% Traditional ROI: 3.41%
955 Alma Railway Drive unit: 563 #563 Wake Forest, NC Built by McKinley Homes, now offering a builder promotion! In the Heart of Downtown with S...	3 beds \| N/A baths \| 1,584 sq.ft.	$325,000	Airbnb cash on cash: 2.86% Traditional cash on cash: 4.2% Airbnb Rental Income: $2178 Traditional Rental Income: $2033 Airbnb ROI: 2.86% Traditional ROI: 4.2%
951 Alma Railway Drive unit: 561 #561 Wake Forest, NC Built by McKinley Homes, now offering a builder promotion! In the Heart of Downtown with S...	3 beds \| N/A baths \| 1,586 sq.ft.	$330,000	Airbnb cash on cash: 2.8% Traditional cash on cash: 4.11% Airbnb Rental Income: $2178 Traditional Rental Income: $2033 Airbnb ROI: 2.8% Traditional ROI: 4.11%
317 Devon Cliffs Drive Wake Forest, NC You have arrived! Your dream townhouse awaits in Devon Square. Discover the perfect blend ...	3 beds \| N/A baths \| 1,894 sq.ft.	$299,900	Airbnb cash on cash: 2.97% Traditional cash on cash: 5.27% Airbnb Rental Income: $2178 Traditional Rental Income: $2273 Airbnb ROI: 2.97% Traditional ROI: 5.27%
236 Shingle Oak Road Wake Forest, NC Seller is offering $10,000 at closing to be used for closing costs or 2/1 buy down for mor...	4 beds \| N/A baths \| 2,360 sq.ft.	$360,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 5.5% Airbnb Rental Income: $1275 Traditional Rental Income: $2741 Airbnb ROI: -0.02% Traditional ROI: 5.5%
507 Gateway Townes Boulevard Wake Forest, NC This former model townhome has never been lived in and is loaded with upgrades! Featuring ...	3 beds \| 4 baths \| 2,290 sq.ft.	$389,990	Airbnb cash on cash: 1.91% Traditional cash on cash: 4.01% Airbnb Rental Income: $2178 Traditional Rental Income: $2395 Airbnb ROI: 1.91% Traditional ROI: 4.01%
1352 Bessie Court Wake Forest, NC 3% of Purchase Price in Closing Costs with Preferred Lender!! Spacious 2-Story Townhomes i...	3 beds \| N/A baths \| 1,901 sq.ft.	$384,888	Airbnb cash on cash: 2.52% Traditional cash on cash: 4.29% Airbnb Rental Income: $2178 Traditional Rental Income: $2264 Airbnb ROI: 2.52% Traditional ROI: 4.29%
601 Gimari Drive Wake Forest, NC Desirable END UNIT townhome just off US 1. Convenience and low maintenance! Built in 2023,...	3 beds \| 4 baths \| 1,859 sq.ft.	$340,000	Airbnb cash on cash: 2.43% Traditional cash on cash: 4.61% Airbnb Rental Income: $2178 Traditional Rental Income: $2322 Airbnb ROI: 2.43% Traditional ROI: 4.61%
738 Cormiche Lane Wake Forest, NC This one is too good to be true!!! A lovely three year old townhome that is PRICED TO SELL...	3 beds \| N/A baths \| 1,786 sq.ft.	$310,000	Airbnb cash on cash: 2.82% Traditional cash on cash: 5.32% Airbnb Rental Income: $2178 Traditional Rental Income: $2355 Airbnb ROI: 2.82% Traditional ROI: 5.32%
816 Lilyquist Way Wake Forest, NC Welcome to this stunning three-story townhome that offers both style and functionality, al...	4 beds \| N/A baths \| 2,252 sq.ft.	$479,900	Airbnb cash on cash: -0.57% Traditional cash on cash: 3.36% Airbnb Rental Income: $1275 Traditional Rental Income: $2639 Airbnb ROI: -0.57% Traditional ROI: 3.36%
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.	$389,900	Airbnb cash on cash: 1.81% Traditional cash on cash: 3.68% Airbnb Rental Income: $2178 Traditional Rental Income: $2308 Airbnb ROI: 1.81% Traditional ROI: 3.68%
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 \| N/A baths \| 2,273 sq.ft.	$429,990	Airbnb cash on cash: 1.43% Traditional cash on cash: 4.08% Airbnb Rental Income: $2178 Traditional Rental Income: $2690 Airbnb ROI: 1.43% Traditional ROI: 4.08%
547 Forestville Road Wake Forest, NC This luxury 3-story townhome is located in the heart of Wake Forest and includes 4 bedroom...	4 beds \| 4 baths \| 2,268 sq.ft.	$379,990	Airbnb cash on cash: -0.25% Traditional cash on cash: 4.82% Airbnb Rental Income: $1275 Traditional Rental Income: $2683 Airbnb ROI: -0.25% Traditional ROI: 4.82%

Your search for investment property begins and ends here

Townhouses for Sale in Wake Forest, NC

518 Retreat Lane

Wake Forest, NC

3 beds | N/A baths | 1,590 sq.ft.

$335,000

Airbnb cash on cash: 2.58%

Traditional cash on cash: 4.25%

Airbnb Rental Income: $2178

Traditional Rental Income: $2154

Airbnb ROI: 2.58%

Traditional ROI: 4.25%

518 Oak Forest View Lane

Wake Forest, NC

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

$345,000

Airbnb cash on cash: 2.19%

Traditional cash on cash: 3.16%

Airbnb Rental Income: $2178

Traditional Rental Income: $1942

Airbnb ROI: 2.19%

Traditional ROI: 3.16%

506 Oak Forest View Lane

Wake Forest, NC

3 beds | N/A baths | 1,637 sq.ft.

$335,000

Airbnb cash on cash: 2.29%

Traditional cash on cash: 3.66%

Airbnb Rental Income: $2178

Traditional Rental Income: $2058

Airbnb ROI: 2.29%

Traditional ROI: 3.66%

1013 New Creek Way

Wake Forest, NC

3 beds | N/A baths | 1,751 sq.ft.

$340,000

Airbnb cash on cash: 2.4%

Traditional cash on cash: 3.87%

Airbnb Rental Income: $2178

Traditional Rental Income: $2096

Airbnb ROI: 2.4%

Traditional ROI: 3.87%

1019 Tranquil Creek Way

Wake Forest, NC

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

$345,000

Airbnb cash on cash: 0.05%

Traditional cash on cash: 5.55%

Airbnb Rental Income: $1275

Traditional Rental Income: $2658

Airbnb ROI: 0.05%

Traditional ROI: 5.55%

212 Sugar Maple Avenue

Wake Forest, NC

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

$274,900

Airbnb cash on cash: 0.48%

Traditional cash on cash: 3.25%

Airbnb Rental Income: $1257

Traditional Rental Income: $1575

Airbnb ROI: 0.48%

Traditional ROI: 3.25%

8334 Bratt Avenue

Wake Forest, NC

3 beds | N/A baths | 1,489 sq.ft.

$300,000

Airbnb cash on cash: 3.52%

Traditional cash on cash: 4.41%

Airbnb Rental Income: $2178

Traditional Rental Income: $1876

Airbnb ROI: 3.52%

Traditional ROI: 4.41%

417 Austin View Boulevard

Wake Forest, NC

4 beds | N/A baths | 2,220 sq.ft.

$349,999

Airbnb cash on cash: -0.29%

Traditional cash on cash: 5.28%

Airbnb Rental Income: $1275

Traditional Rental Income: $2705

Airbnb ROI: -0.29%