$459,000

504 W Sprague St Winston-Salem, NC 27127

$5,451
Closing credit¹
5 beds
3 full
2,264 sqft
0.3 acres
$203 / sqft
House

Property details

About 504 W Sprague St

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 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 #1181013
Garage1 space

Summary

  • Full Bathrooms: 3
  • Appliances: Microwave, Cooktop, Dishwasher, Range, Gas Water Heater
  • Basement: Yes
  • Flooring Type: Tile, Vinyl
  • Interior: Ceiling Fan(s), Dead Bolt(s), In-Law Floorplan, Pantry, Solid Surface Counter
  • Total Bedroom Count: 5
  • Garage Space: 1 space
  • Parking: Carport, Driveway, Detached Carport
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • List Price: $459,000
  • Price/SqFt: $202
  • Lot: City Lot
  • Directions: Take I-40 East to the Peters Creek exit. Turn left onto Peters Creek, then right onto Silas Creek. Turn left onto Buchanan, then right onto Salisbury Ridge. Turn right onto Freeman, then right onto Sprague. The home will be on the left.
  • Year Built: 1920
  • Living Area: 2,264 SqFt
  • Lot Size: 0.25 Acres
  • MLS Number: 1181013
  • MLS Name: Triad MLS
  • Office Name: The Andersson Group
  • Office Phone: (828) 260-1877
  • Listing Agent: Garrett Andersson

IDX 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: 5/21/2025, 8:20:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

bungalow-style house featuring a porch, a front yard, and a shingled roof

$459,000

504 W Sprague St

$5,451

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

4

Diggs-Latham Elementary School

Public Magnet PK-5

0.8 mi

986 Hutton St

4

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.

All data from GreatSchools

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. Residents typically live in single, no kids family. 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 BoxingPro Boxing
  • UFCUFC
  • SoccerSoccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Burger KingBurger King
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • DodgeDodge
  • BuickBuick
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 504 W Sprague St

The listing price of 504 W Sprague St property is $459,000.

The property 504 W Sprague St is a house located in Winston-Salem, North Carolina, 27127.

Active Listing: 504 W Sprague St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 504 W Sprague St are: Diggs-Latham Elementary School (GreatSchools Rating 4/10), Konnoak Elementary School (GreatSchools Rating 4/10), Easton Elementary School (GreatSchools Rating 4/10), Konnoak Middle School (GreatSchools Rating 1/10), The Downtown School (GreatSchools Rating 9/10), Wiley Magnet Middle School (GreatSchools Rating 2/10), Carter G. Woodson School (GreatSchools Rating 3/10), Parkland High School (GreatSchools Rating 2/10), Middle College of Forsyth Cnty (GreatSchools Rating 8/10).

The property at 504 W Sprague St has 5 bedrooms and 3 bathrooms.

The property 504 W Sprague St is 2,264 SqFt (source: MLS/tax record).

The year of construction for 504 W Sprague St is 1920.

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 May 14, 2025 and is currently priced at $459,000.

In April 2025, from all listings sold in Winston-Salem, NC there were more than 83 sold above asking price, over 109 sold below and more than 63 were sold right at the asked price. Between March and April 2025, Winston-Salem, NC real estate market has seen increase in the number of listings by 13.6%. While the average time on the market in April 2025 was 30 days, the median list price was $270,225.

From Rocket Homes Real Estate and based on county public records data.

More resources