1285 Lockland Terrace Winston-Salem, NC $ 425,000
1285 Lockland Terrace
$ 425,000
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1285 Lockland Terrace

Winston-Salem, NC, 27103
$ 425,000
Bedrooms3 Baths3.0

Monthly Estimate*

$ 2,651

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Multi-Family Home for sale in Winston-Salem, NC

for $425,000 with 3 bedrooms and 3 full baths. This home was built in 1945 on a lot size of 1.29.

Don’t miss this rare opportunity for a large family home with three separate living quarters, perfect for an investment opportunity! Located on the edge of Ardmore in downtown Winston-Salem, this 1945 duplex with an Accessory Dwelling Unit (ADU) blends timeless charm with modern convenience. Sitting on two private, wooded lots totaling 1.29 acres, it features original hardwood floors and a unique, flexible floorplan. Includes a larger 2 BR unit with flex space, a 2BR unit with flex space, and a separate stand alone studio unit—perfect for multi-generational living or rental income. The additional unit, per tax card, is 557 sq ft. The covered patio and private back deck surrounded by trees offer serene outdoor living and entertaining space. Conveniently located Wake Forest Atrium Medical Center and Forsyth hospitals. Feels like a private retreat, right in the heart of the city! See agent-only remarks for rental history and additional information. Call agent at 336-706-0899

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Multi-Family Pending

Price

$ 425,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,381

Style

Two Story

Lot Size

1.29

Year Built

1945

Town/City

Winston-Salem

County/Region

Forsyth

MLS | Web ID

1194589

Features
General
Sewer Public Sewer
Heating Forced Air Electric
Cooling Central Air
Appliances Electric Water Heater
Zoning RS9
Garage Spaces 1
Architectural Style Two Story
Pool Features None
Construction Materials Block Wood Siding
Year Built 1945
Property Subtype Duplex
County Forsyth
Property Type Residential Income
HOA No
Status Pending
Directions From I-40 take Silas Creek Pkwy to S. Main St go left on Silas Creek Pkwy (Hwy 52) and go left on Lockland Ave in 1.3 miles. Lockland Terrace is to the left .4 miles property is at the top of the dr
City Winston-Salem
Number Of Units Total 3
Listing Terms Cash Conventional FHA USDA Loan VA Loan
Tax Annual Amount 2381
Standard Status Pending
Pool Y/N No
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Interior
Flooring Carpet Tile Wood
Heating Fuel Electric
Water Heater Electric
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Exterior
Parking Features Carport Driveway Paved Detached Carport
Lot Features City Lot
Water Source Public
Lot Size Acres 1.29
Garage Description Detached Carport
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Internal Only
Street Number 1 1285
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* Excluded Features
List By
Hollie Lunnen

Listing Agent

Coldwell Banker Advantage

Broker

hollielunnen@cbadvantage.com

Email

Affordability Calculator

$2,850
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,651
Monthly Property Taxes
$198
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
Pricing History
DatePricePrice ChangeDescription
10/20/2025$425,000 -5.56% Price Down
10/1/2025$450,000 -4.36% Price Down
9/8/2025$470,500 Listed Price

Map


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1285 Lockland Terrace, Winston-Salem, NC, 27103 is a Multi-Family Home for sale at $425,000 with a lot size of 1.29. 1285 Lockland Terrace has 3 bedrooms, 3.0 baths, and was built in 1945. The property's zip code is 27103 which is in Winston-Salem, NC