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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
404 Shannonford Court Wake Forest, NC Welcome to 404 Shannonford Court - A Freshly Updated Gem in the Heart of Wake Forest! Tuc...	3 beds \| 2 baths \| 1,304 sq.ft.	$249,900	Airbnb cash on cash: 8.41% Traditional cash on cash: 4.3% Airbnb Rental Income: $3508 Traditional Rental Income: $1765 Airbnb ROI: 8.41% Traditional ROI: 4.3%
4523 Tarkiln Place Wake Forest, NC Buyer changed moving plans and terminated. It's your lucky day...still available. Bright, ...	3 beds \| 3 baths \| 1,908 sq.ft.	$288,500	Airbnb cash on cash: 7.45% Traditional cash on cash: 4.49% Airbnb Rental Income: $3508 Traditional Rental Income: $1930 Airbnb ROI: 7.45% Traditional ROI: 4.49%
518 Retreat Lane Wake Forest, NC Beautifully upgraded 3 bedroom 2.5 bath townhome with one car garage in the amazing Creek ...	3 beds \| 3 baths \| 1,590 sq.ft.	$340,000	Airbnb cash on cash: 5.99% Traditional cash on cash: 4.18% Airbnb Rental Income: $3508 Traditional Rental Income: $2154 Airbnb ROI: 5.99% Traditional ROI: 4.18%
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: 5.61% Traditional cash on cash: 3.16% Airbnb Rental Income: $3508 Traditional Rental Income: $1942 Airbnb ROI: 5.61% Traditional ROI: 3.16%
1019 Tranquil Crk Way Wake Forest, NC Stunning former model end-unit townhome in a prime Wake Forest location! The main floor...	4 beds \| 4 baths \| 2,198 sq.ft.	$359,900	Airbnb cash on cash: 3.39% Traditional cash on cash: 5.63% Airbnb Rental Income: $2508 Traditional Rental Income: $2658 Airbnb ROI: 3.39% Traditional ROI: 5.63%
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 \| 3 baths \| 1,368 sq.ft.	$274,900	Airbnb cash on cash: 3.44% Traditional cash on cash: 3.25% Airbnb Rental Income: $2175 Traditional Rental Income: $1575 Airbnb ROI: 3.44% Traditional ROI: 3.25%
2242 Sweet Annie Way Wake Forest, NC Charming Stonegate Townhome Near HWY 401 with Low-Maintenance Living with Great Amenities....	3 beds \| 3 baths \| 1,677 sq.ft.	$317,500	Airbnb cash on cash: 6.29% Traditional cash on cash: 4.08% Airbnb Rental Income: $3508 Traditional Rental Income: $2073 Airbnb ROI: 6.29% Traditional ROI: 4.08%
1421 Kirkwood Hill Way Wake Forest, NC Tucked in Heritage, this Heatherwood floor plan townhome offers privacy that's hard to fin...	3 beds \| 3 baths \| 1,978 sq.ft.	$415,000	Airbnb cash on cash: 4.73% Traditional cash on cash: 3.48% Airbnb Rental Income: $3508 Traditional Rental Income: $2248 Airbnb ROI: 4.73% Traditional ROI: 3.48%
417 Austin View Boulevard Wake Forest, NC *$2,000 in seller paid closing costs w/acceptable offer!* Stunning three-story townhom...	4 beds \| 4 baths \| 2,173 sq.ft.	$375,000	Airbnb cash on cash: 2.57% Traditional cash on cash: 4.86% Airbnb Rental Income: $2508 Traditional Rental Income: $2705 Airbnb ROI: 2.57% Traditional ROI: 4.86%
820 Laurel Gate Drive Wake Forest, NC Buyer Incentive Offered! Beautiful 3 story townhome and move in ready. Recently built in 2...	3 beds \| 3 baths \| 1,617 sq.ft.	$365,000	Airbnb cash on cash: 5.25% Traditional cash on cash: 2.99% Airbnb Rental Income: $3508 Traditional Rental Income: $1962 Airbnb ROI: 5.25% Traditional ROI: 2.99%
517 Hammond Oak Lane Wake Forest, NC Welcome to 517 Hammond Oak Lane, a beautifully updated 3-bedroom, 2.5-bathroom townhome in...	3 beds \| 3 baths \| 1,796 sq.ft.	$415,000	Airbnb cash on cash: 4.5% Traditional cash on cash: 3.14% Airbnb Rental Income: $3508 Traditional Rental Income: $2208 Airbnb ROI: 4.5% Traditional ROI: 3.14%
248 Shingle Oak Road Wake Forest, NC MOVE-in Ready 4-bedroom 3.5-bathroom END UNIT townhome that's perfect for everyday living ...	4 beds \| 4 baths \| 2,599 sq.ft.	$389,900	Airbnb cash on cash: 2.51% Traditional cash on cash: 3.93% Airbnb Rental Income: $2508 Traditional Rental Income: $2417 Airbnb ROI: 2.51% Traditional ROI: 3.93%
321 Conrad Lane Wake Forest, NC Step into this modern and beautifully designed home featuring a spacious layout perfect fo...	3 beds \| 3 baths \| 1,590 sq.ft.	$334,900	Airbnb cash on cash: 6.23% Traditional cash on cash: 3.65% Airbnb Rental Income: $3508 Traditional Rental Income: $1925 Airbnb ROI: 6.23% Traditional ROI: 3.65%
2204 Sweet Annie Way Wake Forest, NC Immaculate, move in ready townhome built in 2017 nestled in the sought after Stonegate nei...	3 beds \| 3 baths \| 1,715 sq.ft.	$314,999	Airbnb cash on cash: 6.48% Traditional cash on cash: 3.48% Airbnb Rental Income: $3508 Traditional Rental Income: $1844 Airbnb ROI: 6.48% Traditional ROI: 3.48%
986 Gateway Commons Circle Wake Forest, NC Like-new, well maintained end-unit townhome in the heart of Wake Forest with unbeatable co...	4 beds \| 4 baths \| 2,646 sq.ft.	$395,000	Airbnb cash on cash: 2.46% Traditional cash on cash: 5.41% Airbnb Rental Income: $2508 Traditional Rental Income: $2992 Airbnb ROI: 2.46% Traditional ROI: 5.41%
335 Spaight Acres Way Wake Forest, NC Fantastic home in fantastic neighborhood. Clubhouse, Conference room, playground, pool, an...	3 beds \| 3 baths \| 2,329 sq.ft.	$379,500	Airbnb cash on cash: 4.95% Traditional cash on cash: 3.32% Airbnb Rental Income: $3508 Traditional Rental Income: $2154 Airbnb ROI: 4.95% Traditional ROI: 3.32%
512 Brunello Drive Wake Forest, NC Bright and spacious 3 bedroom, 2.5 bathroom townhome just minutes from downtown, Wegmans, ...	3 beds \| 3 baths \| 2,012 sq.ft.	$420,000	Airbnb cash on cash: 4.31% Traditional cash on cash: 2.88% Airbnb Rental Income: $3508 Traditional Rental Income: $2174 Airbnb ROI: 4.31% Traditional ROI: 2.88%
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 \| 3 baths \| 1,685 sq.ft.	$328,500	Airbnb cash on cash: 6.07% Traditional cash on cash: 4.16% Airbnb Rental Income: $3508 Traditional Rental Income: $2143 Airbnb ROI: 6.07% Traditional ROI: 4.16%
1328 Bessie Court Wake Forest, NC $11,900 in Closing Costs with Preferred Lender! Luxury End Unit Townhome - The Wilmingt...	4 beds \| 3 baths \| 1,820 sq.ft.	$359,900	Airbnb cash on cash: 2.93% Traditional cash on cash: 4.26% Airbnb Rental Income: $2508 Traditional Rental Income: $2351 Airbnb ROI: 2.93% Traditional ROI: 4.26%
728 Silo Park Drive Wake Forest, NC Welcome to Holding Village, where nature and community come together to create the perfect...	3 beds \| 3 baths \| 2,005 sq.ft.	$369,000	Airbnb cash on cash: 5.05% Traditional cash on cash: 4.01% Airbnb Rental Income: $3508 Traditional Rental Income: $2374 Airbnb ROI: 5.05% Traditional ROI: 4.01%
1341 Bessie Court Wake Forest, NC $11,800 in Closing Costs with Preferred Lender Luxury End Unit Townhome - The Wilmingto...	3 beds \| 3 baths \| 1,820 sq.ft.	$367,500	Airbnb cash on cash: 5.25% Traditional cash on cash: 3.95% Airbnb Rental Income: $3508 Traditional Rental Income: $2286 Airbnb ROI: 5.25% Traditional ROI: 3.95%
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 \| 3 baths \| 1,631 sq.ft.	$334,500	Airbnb cash on cash: 5.93% Traditional cash on cash: 3.99% Airbnb Rental Income: $3508 Traditional Rental Income: $2124 Airbnb ROI: 5.93% Traditional ROI: 3.99%
1345 Bessie Court Wake Forest, NC 3% of Purchase Price in Closing Costs with Preferred Lender!! Spacious 2-Story Townhome...	3 beds \| 3 baths \| 1,901 sq.ft.	$350,000	Airbnb cash on cash: 5.59% Traditional cash on cash: 4.23% Airbnb Rental Income: $3508 Traditional Rental Income: $2285 Airbnb ROI: 5.59% Traditional ROI: 4.23%
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.	$359,500	Airbnb cash on cash: 5.4% Traditional cash on cash: 4.07% Airbnb Rental Income: $3508 Traditional Rental Income: $2285 Airbnb ROI: 5.4% Traditional ROI: 4.07%
937 Alma Railway Drive #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: 6.49% Traditional cash on cash: 4.14% Airbnb Rental Income: $3508 Traditional Rental Income: $2016 Airbnb ROI: 6.49% 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: 6.41% Traditional cash on cash: 4.1% Airbnb Rental Income: $3508 Traditional Rental Income: $2016 Airbnb ROI: 6.41% 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 \| 3 baths \| 1,978 sq.ft.	$399,900	Airbnb cash on cash: 4.99% Traditional cash on cash: 3.45% Airbnb Rental Income: $3508 Traditional Rental Income: $2156 Airbnb ROI: 4.99% Traditional ROI: 3.45%
945 Alma Railway Drive #559 Wake Forest, NC Built by McKinley Homes, now offering a builder promotion! In the Heart of Downtown with S...	3 beds \| 3 baths \| 1,957 sq.ft.	$399,900	Airbnb cash on cash: 4.95% Traditional cash on cash: 3.41% Airbnb Rental Income: $3508 Traditional Rental Income: $2156 Airbnb ROI: 4.95% Traditional ROI: 3.41%
955 Alma Railway Drive #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: 6.49% Traditional cash on cash: 4.2% Airbnb Rental Income: $3508 Traditional Rental Income: $2033 Airbnb ROI: 6.49% Traditional ROI: 4.2%
951 Alma Railway Drive #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: 6.37% Traditional cash on cash: 4.11% Airbnb Rental Income: $3508 Traditional Rental Income: $2033 Airbnb ROI: 6.37% 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 \| 4 baths \| 1,894 sq.ft.	$319,900	Airbnb cash on cash: 6.41% Traditional cash on cash: 4.88% Airbnb Rental Income: $3508 Traditional Rental Income: $2273 Airbnb ROI: 6.41% Traditional ROI: 4.88%
9805 Precious Stone Drive Wake Forest, NC This 3BR, 1-car garage townhome in Shearon Farms with new fully painted interior & profess...	3 beds \| 3 baths \| 1,707 sq.ft.	$305,000	Airbnb cash on cash: 6.8% Traditional cash on cash: 4.73% Airbnb Rental Income: $3508 Traditional Rental Income: $2139 Airbnb ROI: 6.8% Traditional ROI: 4.73%
426 Belgian Red Way Wake Forest, NC Come tour our Pearson at 426 Belgian Red Way, Wakeforest, NC our new community at the Town...	3 beds \| 3 baths \| 1,418 sq.ft.	$299,990	Airbnb cash on cash: 6.83% Traditional cash on cash: 4.1% Airbnb Rental Income: $3508 Traditional Rental Income: $1962 Airbnb ROI: 6.83% Traditional ROI: 4.1%
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 \| 4 baths \| 2,360 sq.ft.	$375,000	Airbnb cash on cash: 2.86% Traditional cash on cash: 5.25% Airbnb Rental Income: $2508 Traditional Rental Income: $2741 Airbnb ROI: 2.86% Traditional ROI: 5.25%
465 Belgian Red Way Wake Forest, NC Welcome to the Pearson townhome plan offered in the amenity filled community of Prestleigh...	3 beds \| 3 baths \| 1,418 sq.ft.	$329,990	Airbnb cash on cash: 6.06% Traditional cash on cash: 3.57% Airbnb Rental Income: $3508 Traditional Rental Income: $1962 Airbnb ROI: 6.06% Traditional ROI: 3.57%
458 Belgian Red Way Wake Forest, NC Come tour 458 Belgian Red Way! One of our new townhomes at The a Townes at Prestleigh, loc...	3 beds \| 3 baths \| 1,418 sq.ft.	$312,990	Airbnb cash on cash: 6.48% Traditional cash on cash: 3.85% Airbnb Rental Income: $3508 Traditional Rental Income: $1962 Airbnb ROI: 6.48% Traditional ROI: 3.85%
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: 4.94% Traditional cash on cash: 4.01% Airbnb Rental Income: $3508 Traditional Rental Income: $2395 Airbnb ROI: 4.94% Traditional ROI: 4.01%
432 Belgian Red Way Wake Forest, NC Come tour our Pearson at 432 Belgian Red Way, Wakeforest, NC our new community at the Town...	3 beds \| 3 baths \| 1,418 sq.ft.	$284,990	Airbnb cash on cash: 7.28% Traditional cash on cash: 4.41% Airbnb Rental Income: $3508 Traditional Rental Income: $1962 Airbnb ROI: 7.28% Traditional ROI: 4.41%
434 Belgian Red Way Wake Forest, NC Come tour our Pearson at 413 Belgian Red Way, Wakeforest, NC our new community at the Town...	3 beds \| 3 baths \| 1,418 sq.ft.	$310,990	Airbnb cash on cash: 6.53% Traditional cash on cash: 4.11% Airbnb Rental Income: $3508 Traditional Rental Income: $2026 Airbnb ROI: 6.53% Traditional ROI: 4.11%
428 Belgian Red Way Wake Forest, NC Come tour our Pearson at 428 Belgian Red Way, Wakeforest, NC our new community at the Town...	3 beds \| 3 baths \| 1,418 sq.ft.	$289,990	Airbnb cash on cash: 7.13% Traditional cash on cash: 4.3% Airbnb Rental Income: $3508 Traditional Rental Income: $1962 Airbnb ROI: 7.13% Traditional ROI: 4.3%

Your search for investment property begins and ends here

Townhouses for Sale in Wake Forest, NC

404 Shannonford Court

Wake Forest, NC

3 beds | 2 baths | 1,304 sq.ft.

$249,900

Airbnb cash on cash: 8.41%

Traditional cash on cash: 4.3%

Airbnb Rental Income: $3508

Traditional Rental Income: $1765

Airbnb ROI: 8.41%

Traditional ROI: 4.3%

4523 Tarkiln Place

Wake Forest, NC

3 beds | 3 baths | 1,908 sq.ft.

$288,500

Airbnb cash on cash: 7.45%

Traditional cash on cash: 4.49%

Airbnb Rental Income: $3508

Traditional Rental Income: $1930

Airbnb ROI: 7.45%

Traditional ROI: 4.49%

518 Retreat Lane

Wake Forest, NC

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

$340,000

Airbnb cash on cash: 5.99%

Traditional cash on cash: 4.18%

Airbnb Rental Income: $3508

Traditional Rental Income: $2154

Airbnb ROI: 5.99%

Traditional ROI: 4.18%

518 Oak Forest View Lane

Wake Forest, NC

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

$345,000

Airbnb cash on cash: 5.61%

Traditional cash on cash: 3.16%

Airbnb Rental Income: $3508

Traditional Rental Income: $1942

Airbnb ROI: 5.61%

Traditional ROI: 3.16%

1019 Tranquil Crk Way

Wake Forest, NC

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

$359,900

Airbnb cash on cash: 3.39%

Traditional cash on cash: 5.63%

Airbnb Rental Income: $2508

Traditional Rental Income: $2658

Airbnb ROI: 3.39%

Traditional ROI: 5.63%

212 Sugar Maple Avenue

Wake Forest, NC

2 beds | 3 baths | 1,368 sq.ft.

$274,900

Airbnb cash on cash: 3.44%

Traditional cash on cash: 3.25%

Airbnb Rental Income: $2175

Traditional Rental Income: $1575

Airbnb ROI: 3.44%

Traditional ROI: 3.25%

2242 Sweet Annie Way

Wake Forest, NC

3 beds | 3 baths | 1,677 sq.ft.

$317,500

Airbnb cash on cash: 6.29%

Traditional cash on cash: 4.08%

Airbnb Rental Income: $3508

Traditional Rental Income: $2073

Airbnb ROI: 6.29%

Traditional ROI: 4.08%

1421 Kirkwood Hill Way

Wake Forest, NC

3 beds | 3 baths | 1,978 sq.ft.

$415,000

Airbnb cash on cash: 4.73%

Traditional cash on cash: 3.48%

Airbnb Rental Income: $3508

Traditional Rental Income: $2248

Airbnb ROI: 4.73%