504 W Sprague Street, Winston Salem, NC 27127

Winston Salem
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
504 W Sprague Street,Winston-Salem, NC 27127
$450,000
  • 5 Beds
  • 3 Baths
  • 2,264 sq. ft.
  • Single family
  • Active
Listed by: garrett andersson
Office: the andersson group828-260-1877
MLS#:1181013
Source:NC_TRIAD

Price summary

  • Price:$450,000
  • Price per sq. ft.:$198.76

About this home

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 agent's website.

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Home facts

  • Year built:1920
  • Listing ID #:1181013
  • Added:412 day(s) ago
  • Updated:June 30, 2026 at 03:44 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Tile, Vinyl
  • Kitchen Description:Dishwasher, Microwave, Pantry
  • Basement Description:Basement, Finished
  • Living area:2,264 sq. ft.

Heating and cooling

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

Structure and exterior

  • Year built:1920
  • Building area:2,264 sq. ft.
  • Lot area:0.25 Acres
  • Lot Features:City Lot
  • Construction Materials:Vinyl Siding

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$198.76
  • Tax amount:$2,898

Features and amenities

  • Appliances:Dishwasher
  • Laundry features:Dryer Connection, In Basement, Main Level
  • Amenities:Ceiling Fan(s), Dead Bolt(s), Solid Surface Counter

Parking

  • Parking description:Carport, Detached Carport, Driveway
  • Garage spaces:1
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