Listing Office: M/I Homes

523 W First St Winston-Salem, NC 27101
Property details
About 523 W First St
Prime investment opportunity in the historic Holly Avenue District of Downtown Winston-Salem! This charming 1923 bungalow offers 3 bedrooms, 2 full baths, and 2 half baths. The main level features a primary suite with freestanding tub and separate shower. Upstairs includes a private-entry apartment-style space with kitchen, combo 1/2 bath, and laundry—perfect for rental income, Airbnb, or guest suite. The main kitchen features granite countertops, gas range with Stainless Steel hood, subway tile backsplash, and tile flooring. Additional highlights include a gas log fireplace, French doors to the dining room, spacious front porch, private fenced yard, gravel driveway, and on-street parking. RSQ zoning provides flexible use options. Walkable to downtown events, public transportation, restaurants, and shops. With strong rental potential and historic appeal, this property is ideal for investors or buyers seeking income-producing opportunities!
Highlights
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Range, Range Hood, Gas Water Heater
- Basement: Yes
- Flooring Type: Tile, Wood
- Interior: Guest Quarters, Built-in Features, Ceiling Fan(s), Freestanding Tub, In-Law Floorplan, Separate Shower, Solid Surface Counter
- Fireplace: Gas Log, Living Room
- Total Bedroom Count: 3
- Parking: Driveway, On Street
- Architectural Style: Bungalow
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $440,000
- Price/SqFt: $200
- Lot: City Lot, Historic, Near Public Transit
- Directions: From US-421 S take exit 234C for Cloverdale Ave NW. Drive to W 1st Street and turn Right onto W 1st Street. Home will be on the Left.
- Year Built: 1923
- Living Area: 2,200 SqFt
- Lot Size: 0.08 Acres
- MLS Number: 1177167
- MLS Name: Triad MLS
- Office Name: Keller Williams Realty Elite
- Office Phone: (336) 283-8691
- Listing Agent: Greta Frye Wiley
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Last updated on: 5/20/2025, 10:20:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$440,000
523 W First St
$5,225
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Price information
Property sales
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Tax history
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Nearby schools
4
Easton Elementary School
Public District PK-5
0.2 mi
•734 Clemmonsville Cir
2
Forest Park Elementary School
Public District PK-5
1.1 mi
•2019 Milford St
4
Konnoak Elementary School
Public Magnet PK-5
1.6 mi
•3200 Renon Rd
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 $21,707. The most common annual income of people living in Winston-Salem, NC is less than $<35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 523 W First St
The listing price of 523 W First St property is $440,000.
The property 523 W First St is a house located in Winston-Salem, North Carolina, 27101.
Active Listing: 523 W First St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 523 W First St are: Easton Elementary School (GreatSchools Rating 4/10), Forest Park Elementary School (GreatSchools Rating 2/10), Konnoak Elementary School (GreatSchools Rating 4/10), Hanes Magnet School (GreatSchools Rating 6/10), Konnoak Middle School (GreatSchools Rating 1/10), The Downtown School (GreatSchools Rating 9/10), 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 523 W First St has 3 bedrooms and 2 full and 2 half bathrooms.
The property 523 W First St is 2,200 SqFt (source: MLS/tax record).
The year of construction for 523 W First St is 1923.
This home is located at 523 W First St in Winston-Salem, NC and zip code 27107 in the Easton neighborhood. This 2,200 square foot home, which was built in 1923, sits on a 0.08 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 17, 2025 and is currently priced at $440,000.
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. The inventory of homes for sale in Winston-Salem, NC between March and April 2025 increased by 13.6%. In April 2025, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $270,225.