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504 W Sprague Street Winston-Salem, NC $ 450,000
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$ 450,000 Get more info
504 W Sprague Street
$ 450,000
Back to search
Share Save

504 W Sprague Street

Winston-Salem, NC, 27127
$ 450,000
Bedrooms5 Baths3.0 Sq 2,264

Monthly Estimate*

$ 2,807

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Single Family Home for sale in Winston-Salem, NC

for $450,000 with 5 bedrooms and 3 full baths. This 2,264 square foot home was built in 1920 on a lot size of 0.25.

FULLY FURNISHED, cash flowing rental! Currently split into two operational Airbnb units, with the option for a third unit in back, this home offers flexibility for investors and homeowners alike. The main floor features a 3-bed, 2-bath unit with an open living area, modern kitchen, and comfortable bedrooms. Downstairs, the 2-bed, 1-bath basement unit has its own private entrance, ideal for extra income or guest accommodations. Combined, the units have grossed over $58K in the last 12 months using Airbnb, with over $8k alone this May, showcasing its strong income potential. The home also includes a shed/storage area that could be converted into a third studio unit, further maximizing rental income. It can also be rented on a mid-term basis through platforms like Furnished Finder, appealing to extended-stay renters or professionals. With minimal effort, the home could also be reconnected to serve as a 5-bed, 3-bath single-family home if need be. More details at agent's website.

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Single Family Active

Price

$ 450,000

Bedrooms

5

Full Bath

3

Property Type

Single Family

Taxes

$ 2,898

Style

House

Lot Size

0.25

Year Built

1920

Town/City

Winston-Salem

County/Region

Forsyth

MLS | Web ID

1181013
Features
Interior
Interior Amenities Ceiling Fan(s) Dead Bolt(s) In-Law Floorplan Pantry Solid Surface Counter
Basement Finished Basement
Flooring Tile Vinyl
Total Fireplaces 0
Above Grade Finished Area 1673
Half Baths 0
Laundry Features 2nd Dryer Connection 2nd Washer Connection Dryer Connection In Basement Main Level
Total Bedrooms 5
Below Grade Finished Area 591
Main Level Bathrooms 2
Total Baths 3
Heating Fuel Natural Gas
Water Heater Gas
Primary On Main Yes
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General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Appliances Microwave Cooktop Dishwasher Free-Standing Range Gas Water Heater
Zoning RS7
Garage Spaces 1
Pool Features None
Security Features Security System Smoke Detector(s)
Construction Materials Vinyl Siding
Year Built 1920
Levels One
Property Subtype Stick/Site Built
County Forsyth
Property Type Residential
HOA No
Subdivision Name Washington Park
Other Structures Storage
Total Rooms 10
Full Baths 3
Status Active
Directions Take I-40 East to the Peters Creek exit. Turn left onto Peters Creek then right onto Silas Creek. Turn left onto Buchanan then right onto Salisbury Ridge. Turn right onto Freeman then right onto Spra
City Winston-Salem
Tax Annual Amount 2898.18
Structure Type House
Standard Status Active
Pool Y/N No
Porch Y/N Yes
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Exterior
Parking Features Carport Driveway Detached Carport
Lot Features City Lot
Water Source Public
Building Area Total 2264
Lot Dimensions 148' x 63' x 145' x 85'
Lot Size Acres 0.25
Garage Description Detached Carport
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Internal Only
Street Number 1 504
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* Excluded Features
List By
Garrett Andersson

Listing Agent

The Andersson Group

Broker

garrett@theanderssongroup.com

Email

Affordability Calculator

$3,049
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,807
Monthly Property Taxes
$242
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
584379 Elementary School
584626 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/9/2025$450,000 -1.96% Price Down
5/14/2025$459,000 Listed Price

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504 W Sprague Street, Winston-Salem, NC, 27127 is a Single Family Home for sale at $450,000 with 2,264 sqft and a lot size of 0.25. 504 W Sprague Street has 5 bedrooms, 3.0 baths, and was built in 1920. The property's zip code is 27127 which is in Winston-Salem, NC

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