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504 W Sprague St, Winston-Salem, NC

House

For Sale

Listed price in listed location currency (USD).
$450,000

530

MLS® 1181013

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2264 sqft
Garage Yes
Taxes $2,898
Days Active 167
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $198
MLS® Number 1181013

Property Address: 504 W Sprague St, Winston-Salem, NC, 27127-2834

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number1181013
Laundry Level2nd Dryer Connection, 2nd Washer Connection, Dryer Connection, In Basement, Main Level
Central VacNo
FireplaceNo
Acreage0.25
Exterior
GarageYes
Approx. Age1920
BasementFinished, Basement
DrivewayCarport, Driveway, Detached Carport
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Basement:Not available

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

May 14, 2025List Date
$450,000List Price
Apr 19, 2023End Date
$380,000Sold Price

Sold

Apr 8, 2025List Date
$383,000List Price

Home Appraisal

This property is estimated to sell between: $348,000 and $501,000.
Similar properties in this area sold on average for: $348,000
Expected to sell very soon! Similar properties sold in 61 days. This home has been on eXp Commercial Brokerage for 167 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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504 W Sprague St, Winston-Salem, NC

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