$4,067 Closing Credit¹
#1161224, Max Segersbol, Listing Office: FraMass, LLC
#1158650·
Listing Office: The Andersson Group·
Listing Agent: Garrett Andersson·
Listing Office Phone: 828-260-1877
$5,522
closing credit¹
504 W Sprague St Winston-Salem, NC 27127
$465,000 List price
$5,522
Closing credit¹
5 beds
3 full
2,264 sqft
0.3 acres
$205 / sqft
House
Property details
About 504 W Sprague St
SELLER FINANCE opportunity on a cash flowing rental! Currently split into two operational Airbnb units, 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, 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 www.theanderssongroup.com
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size2,264 sqft
BasementYes
Lot size0.25 Acres
Year built1920
ParkingCarport, Driveway, Detached Carport
MLS #1158650
Garage1 space
Summary
- MLS Number: 1158650
- MLS Name: Triad MLS
- Office Name: The Andersson Group
- Office Phone: (828) 260-1877
- Listing Agent: Garrett Andersson
Copyright © 2025 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 6:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$465,000
504 W Sprague St
$5,522
closing credit¹
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Seller rebate
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Price information
Property sales
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Tax history
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Nearby schools
4
Diggs-Latham Elementary School
Public Magnet PK-5
0.8 mi
•986 Hutton St
5
Konnoak Elementary School
Public Magnet PK-5
1.2 mi
•3200 Renon Rd
4
Easton Elementary School
Public District PK-5
1.7 mi
•734 Clemmonsville Cir
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,580. The most common annual income of people living in Winston-Salem, NC is less than $<35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
57%
<35k
33%
35k-100k
8%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
52%
Single, No Kids
19%
Single, with Kids
15%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
9%
12-17 yrs old
28%
18-34 yrs old
39%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing- UFC
Soccer
Where do the neighbors shop?
Burlington
Family Dollar
Forever 21
Where do the neighbors go to eat?
Popeyes
Burger King
Dominos Pizza
What do the neighbors drive?
Dodge
Buick
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 504 W Sprague St
This home is located at 504 W Sprague St in Winston-Salem, NC and zip code 27127 in the Washington Park neighborhood. This 2,264 square foot home, which was built in 1920, sits on a 0.25 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $465,000.
While more than 29 listings in Winston-Salem, NC in January 2025 were sold above asking price, there were more than 32 listings sold at asking price, and more than 95 were sold below. Between December and January 2025, Winston-Salem, NC real estate market has seen increase in the number of listings by 1.4%. The median list price of listings available in January 2025 was $269,608, while the average time on the real estate market was 40 days.
From Rocket Homes Real Estate and based on county public records data.