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1020 Franklin Street

Winston-Salem, NC 27101
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Bed 4

Bed

Bath 2

Bath

SqFt1,866

Sqft

Acres0.21

Acre(Lot)

Ask about a package deal for 1020 and 1022 Franklin St (MLS #1224373)! Builder and plans in-hand to construct an ADU! INVESTORS AND FIXER UPPER LOVERS!! Opportunity awaits in Historic West Salem/Wachovia Highlands. Currently configured as a single-family home, 1022 Franklin offers flexibility to convert back to a duplex, with two electrical meters, a separate exterior entrance to the upstairs, a full kitchen downstairs, and kitchenette upstairs. Historic character remains throughout with hardwood floors, original trim work, fireplaces, and a wraparound front porch, plus a rear porch. Renovated comps range from the $400s into the $500s. Conveniently located near downtown Winston-Salem, Carolina University, Old Salem, Truist Stadium, Salem Parkway and its Multi-Use Path, restaurants, shoppin g, and major highways. Sold as-is. Buyer to verify all information, zoning, and permitted uses. See agent only remarks.

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Detail Ic Property Details

Property Type : Residential

Price : $195,000

AD Id : 89793711

MLS Id : 1231842

Beds : 4

Lot Size : 0.21 Acre

Living Area Size : 1,866 Sq. Ft

Tax Amount : $2,148

Year Built : 1928

County : Forsyth

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 7 Has Basement: Yes
  • Flooring Information

    Laminate, Vinyl, Wood
  • Interior Features

    Ceiling Fan(s) Appliances: Gas Water Heater Laundry Features: Washer Hookup
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Ceiling Fan(s)

  • Building Information

    Year Built: 1928 Construction Materials: Vinyl Siding Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.21 Lot Description: Near Public Transit

    Property Information

    Subdivision: West Salem Source Property Type: Residential Postal Code Plus 4: 5012 Property SubType: Single Family Residence Levels: Two Property Age: 98

  • Listing Price Information

    Listing Price: $195000 Cash, Conventional

  • Tax Information

    Annual Tax: $2148

  • Parking Information

    Driveway

  • Location Information

    Direction: Turn right on Franklin off of S green st, second home on the left past the Granville dr intersection. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4730 Michaels Trail, Winston-salem, NC, 27101 $574,900 4 4 4,229 0.51 Acre
400 W 4th Street #508, Winston-salem, NC, 27101 $749,900 2 3 1,996 0.03 Acre
1024 Franklin Street, Winston-salem, NC, 27101 $390,000 4 2 1,978 0.21 Acre
1444 W 4th Street, Winston-salem, NC, 27101 $380,000 5 3 2,254 0.23 Acre

Listing information © 2026 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than ByOwner are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers. IDX information provided is for consumers' 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 deemed reliable but not guaranteed. Data last updated 09/16/2026 @ 00:30

ByOwner last updated this listing 09/16/2026 @ 00:30

MLS: 1231842 LISTED BY: De'Von France, Gray France Realty Group 336-413-3248 SOURCE: Triad MLS

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