Pending

$195,000

1020 Franklin St, Winston Salem, NC 27101

4beds

1,866sqft

$1,243/mo

Get pre-qualified

Stick/Site Built, Residential, Single Family Residence

Built in 1928

0.21 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Wraparound front porchOriginal trim workHistoric characterHardwood floorsFull kitchen downstairsKitchenette upstairsRear porch

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, shopping, and major highways. Sold as-is. Buyer to verify all information, zoning, and permitted uses. See agent only remarks.

21 days
1,361
100

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 1

Primary bedroom

Level: Main

Bedroom 2

Level: Upper

Bedroom 3

Level: Upper

Bedroom 4

Level: Upper

Dining room

Level: Main

Kitchen

Level: Main

Living room

Level: Main

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Gas Water Heater
Laundry: Dryer Connection, Washer Hookup

Features

Ceiling Fan(s), Dead Bolt(s)
Flooring: Laminate, Vinyl, Wood
Basement: Basement, Cellar
Number of fireplaces: 2
Fireplace features: Living Room, Primary Bedroom

Interior area

Total structure area: 1,866
Total interior livable area: 1,866 sqft
Finished area above ground: 1,866

Property

Parking

Parking features: Driveway
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 0.21 Acres
Features: Near Public Transit

Details

Parcel number: 6825927816
Zoning: RM5
Special conditions: Owner Sale

Construction

Type & style

Home type: SingleFamily
Property subtype: Stick/Site Built, Residential, Single Family Residence

Materials

Vinyl Siding

Condition

Year built: 1928

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: West Salem

HOA

Has HOA: No

Location

Region: Winston Salem

Financial & listing details

Tax assessed value: $194,900
Annual tax amount: $2,148
Date on market: 8/20/2026
Cumulative days on market: 20 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,Other

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/7/2026	Pending sale	$195,000
Source: Triad MLS #1231842 Report a problem
8/20/2026	Listed for sale	$195,000+387.5%
Source: Triad MLS #1231842 Report a problem
6/19/1998	Sold	$40,000$21/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,148 +34.7%	$194,900 +71.4%
2024	$1,595 +4.8%	$113,700
2023	$1,522 +1.9%	$113,700
2022	$1,494 +1.8%	$113,700
2021	$1,467 +7.2%	$113,700 +14.7%
2020	$1,368 -0.7%	$99,100
2019	$1,378 +5.3%	$99,100
2018	$1,309	$99,100 +72.7%
2016	$1,309 +76%	$57,388
2015	$744 +3.1%	$57,388
2014	$721	$57,388
2013	--	$57,388 -33.8%
2012	--	$86,631
2011	--	$86,631
2010	--	$86,631