1020 Franklin Street Winston-Salem, NC $ 195,000
1020 Franklin Street
$ 195,000
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1020 Franklin Street

Winston-Salem, NC, 27101
$ 195,000
Bedrooms4 Baths2.0 Sq 1,866

Monthly Estimate*

$ 1,231

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Single Family Home for sale in Winston-Salem, NC

for $195,000 with 4 bedrooms and 2 full baths. This 1,866 square foot home was built in 1928 on a lot size of 0.21.

Ask about a package deal for 1020 and 1022 Franklin St (MLS #1224373)! Builder and plans in-hand to construct an ADU! INVESTORS AND FIXER UPPER LOVERS!! Opportunity awaits in Historic West Salem/Wachovia Highlands. Currently configured as a single-family home, 1022 Franklin offers flexibility to convert back to a duplex, with two electrical meters, a separate exterior entrance to the upstairs, a full kitchen downstairs, and kitchenette upstairs. Historic character remains throughout with hardwood floors, original trim work, fireplaces, and a wraparound front porch, plus a rear porch. Renovated comps range from the $400s into the $500s. Conveniently located near downtown Winston-Salem, Carolina University, Old Salem, Truist Stadium, Salem Parkway and its Multi-Use Path, restaurants, shopping, and major highways. Sold as-is. Buyer to verify all information, zoning, and permitted uses. See agent only remarks.

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Single Family Active

Price

$ 195,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 2,148

Style

House

Lot Size

0.21

Year Built

1928

Town/City

Winston-Salem

County/Region

Forsyth

MLS | Web ID

1231842

Features
Interior
Interior Amenities Ceiling Fan(s) Dead Bolt(s)
Basement Basement Cellar
Flooring Laminate Vinyl Wood
Total Fireplaces 2
Fireplace Features Living Room Primary Bedroom
Above Grade Finished Area 1866
Half Baths 0
Laundry Features Dryer Connection Washer Hookup
Total Bedrooms 4
Main Level Bathrooms 1
Total Baths 2
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 Gas Water Heater
Zoning RM5
Pool Features None
Construction Materials Vinyl Siding
Year Built 1928
Levels Two
Property Subtype Stick/Site Built
County Forsyth
Property Type Residential
HOA No
Subdivision Name West Salem
Total Rooms 7
Full Baths 2
Status Active
Directions Turn right on Franklin off of S green st second home on the left past the Granville dr intersection.
City Winston-Salem
Listing Terms Cash Conventional Other
Tax Annual Amount 2148
Structure Type House
Standard Status Active
Pool Y/N No
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Exterior
Parking Features Driveway
Lot Features Near Public Transit
Water Source Public
Building Area Total 1866
Lot Size Acres 0.21
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Internal Only
Street Number 1 1020
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* Excluded Features
List By
De'Von France

Listing Agent

Gray France Realty Group

Broker

devon@grayfrancerealty.com

Email

Affordability Calculator

$1,410
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,231
Monthly Property Taxes
$179
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/20/2026$195,000 Listed Price

Map


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1020 Franklin Street, Winston-Salem, NC, 27101 is a Single Family Home for sale at $195,000 with 1,866 sqft and a lot size of 0.21. 1020 Franklin Street has 4 bedrooms, 2.0 baths, and was built in 1928. The property's zip code is 27101 which is in Winston-Salem, NC