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803 Madison Avenue Winston-Salem, NC $ 395,000
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$ 395,000 Get more info
803 Madison Avenue
$ 395,000
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803 Madison Avenue

Winston-Salem, NC, 27103
$ 395,000
Bedrooms2 Baths2.0

Monthly Estimate*

$ 2,432

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

for $395,000 with 2 bedrooms and 2 full baths. This home was built in 1928 on a lot size of 0.15.

Turnkey duplex in the heart of Ardmore. A beautifully restored 1928 brick colonial converted back to its original duplex configuration and fully zoned as such. This rare, flexible property is ideal for furnished mid-term rentals, long-term tenants, or an owner-occupant looking to live in one unit while house hacking the other. The home blends timeless character with modern updates, featuring restored original trim, refinished hardwood floors, tall ceilings, and abundant natural light. Major improvements include a new roof, all-new windows, updated light fixtures, and multi-system/zoned utilities. Kitchens are well appointed with butcher block countertops upstairs and quartz downstairs, offering durability and character in each unit. Located just minutes from Baptist Hospital and Novant Health, the property is especially attractive to medical professionals and mid-term tenants. Please visit the agent/seller’s website for additional details.

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Multi-Family Active

Price

$ 395,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,168

Style

Two Story

Lot Size

0.15

Year Built

1928

Town/City

Winston-Salem

County/Region

Forsyth

MLS | Web ID

1206470
Features
General
Sewer Public Sewer
Heating Heat Pump Zoned Multiple Systems Electric Natural Gas
Cooling Central Air Zoned Multi Units
Appliances Electric Water Heater
Zoning RS9
Architectural Style Two Story
Pool Features None
Construction Materials Brick
Year Built 1928
Property Subtype Duplex
County Forsyth
Property Type Residential Income
HOA No
Subdivision Name Ardmore
Status Active
Directions From downtown WS take 421N and exit onto Peters Creek Pkwy. Continue on Peters Creek then turn left onto W Academy St. Follow Academy to Gaston St then turn right. Continue a short distance and turn
City Winston-Salem
Number Of Units Total 2
Listing Terms Cash Conventional
Tax Annual Amount 3168
Standard Status Active
Pool Y/N No
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Interior
Flooring Tile Wood
Furnished Units None
Laundry Features Washer/Dryer Connection
Energy Features Insulated Windows
Heating Fuel Electric Natural Gas
Water Heater Electric
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Exterior
Fencing Fenced Privacy
Parking Features Driveway On Street Basement
Lot Features City Lot
Water Source Public
Total Parking 2
Lot Size Acres 0.15
Garage Description Basement Garage
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Internal Only
Street Number 1 803
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* Excluded Features
List By
Garrett Andersson

Listing Agent

The Andersson Group

Broker

garrett@theanderssongroup.com

Email

Affordability Calculator

$2,696
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,432
Monthly Property Taxes
$264
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1/13/2026$395,000 Listed Price

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803 Madison Avenue, Winston-Salem, NC, 27103 is a Multi-Family Home for sale at $395,000 with a lot size of 0.15. 803 Madison Avenue has 2 bedrooms, 2.0 baths, and was built in 1928. The property's zip code is 27103 which is in Winston-Salem, NC

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