$440,000

523 W First St Winston-Salem, NC 27101

$5,225
Closing credit¹
3 beds
2 full, 2 partial
2,200 sqft
0.08 acres
$200 / sqft
House

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

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size2,200 sqft
BasementYes
Lot size0.08 Acres
Year built1923
ParkingDriveway, On Street
MLS #1177167
FireplaceGas Log, Living Room

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

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: 5/20/2025, 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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view of front of house with a porch and a chimney

$440,000

523 W First St

$5,225

closing credit¹

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0.5% sale price²

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.

All data from GreatSchools

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.

How much money do the neighbors make?

72%
<35k
27%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

41%
Single, No Kids
26%
Single, with Kids
14%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

25%
<11 yrs old
10%
12-17 yrs old
23%
18-34 yrs old
32%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • PopeyesPopeyes

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • RockRock
All data provided by Home Junction and Claritas

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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.

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

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