INVESTORS AND FIXER UPPER LOVERS!! Opportunity awaits in Historic West Salem/Wachovia Highlands. Currently configured as a 4-bed, 2-bath home, this property offers exceptional potential for renovation, restoration, or investment. Character features include a brick fireplace, a clawfoot tub, and hardwood floors believed to be beneath portions of the carpet and laminate flooring. Replacement windows have already been installed throughout the home, with the HVAC condenser updated approx. 2021. Situated on a flat RM-5 zoned lot with potential space for an accessory dwelling unit (buyer to verify), the property also features a spacious front porch and a layout ready for reimagining. Conveniently located near downtown Winston-Salem, Carolina University, Old Salem, Truist Stadium, Salem Parkway and its Multi-Use Path, local restaurants, shopping, and major highways. Sold as-is. Buyer to verify all information, zoning, and permitted uses. See agent only remarks.
For sale
$175,000
1022 Franklin St, Winston Salem, NC 27101
4beds
1,458sqft
:
Get pre-qualified$1,103/mo
Stick/Site Built, Residential, Single Family Residence
Built in 1910
0.21 Acres Lot
$165,500 Zestimate®
$--/sqft
$-- HOA
What's special
Spacious front porchBrick fireplaceClawfoot tub
- 40 days |
- 638 |
- 36 |
Zillow last checked:
Listing updated:
Listed by:
De'Von France 336-813-8930,
Gray France Realty Group,
Brenda France 336-413-3248,
Gray France Realty Group
Source: Triad MLS,MLS#: 1224373
Originating MLS: Winston-Salem
Originating MLS: Winston-SalemFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Bedroom 4
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- See Remarks, Natural Gas
Cooling
- Central Air, Other
Appliances
- Included: Microwave, Range, Remarks
Features
- Flooring: Carpet, Laminate, Vinyl, Wood
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 1,458
- Total interior livable area: 1,458 sqft
- Finished area above ground: 1,458
Property
Parking
- Parking features: Driveway, On Street
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 0.21 Acres
Details
- Additional structures: Storage
- Parcel number: 6825926854
- 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: 1910
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: $174,900
- Annual tax amount: $1,927
- Date on market: 6/15/2026
- Cumulative days on market: 20 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Other
Estimated market value
$165,500
$157,000 - $174,000
$2,236/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Listed for sale | $175,000 |
Source:  Triad MLS #1224373 Report a problem | ||
| 6/25/2026 | Pending sale | $175,000 |
Source: Triad MLS #1224373 Report a problem | ||
| 6/15/2026 | Listed for sale | $175,000+150% |
Source: Triad MLS #1224373 Report a problem | ||
| 11/15/2005 | Sold | $70,000$48/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,928 +49.5% | $174,900 +90.3% |
| 2024 | $1,289 +4.8% | $91,900 |
| 2023 | $1,230 +1.9% | $91,900 |
| 2022 | $1,207 +1.8% | $91,900 |
| 2021 | $1,186 +12.7% | $91,900 +20.6% |
| 2020 | $1,052 -0.7% | $76,200 |
| 2019 | $1,060 +5.3% | $76,200 |
| 2018 | $1,007 | $76,200 +37.9% |
| 2016 | $1,007 +40.4% | $55,250 |
| 2015 | $717 +3.1% | $55,250 |
| 2014 | $695 | $55,250 |
| 2013 | -- | $55,250 -34.9% |
| 2012 | -- | $84,896 |
| 2011 | -- | $84,896 |
| 2010 | -- | $84,896 |
| 2009 | -- | $84,896 -4.1% |
| 2005 | -- | $88,548 +46.3% |
| 2004 | -- | $60,526 |
| 2003 | -- | $60,526 |
| 2002 | -- | $60,526 +10.4% |
| 2001 | -- | $54,819 +18.5% |
| 2000 | -- | $46,277 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Wachovia Highlands
Nearby schools
GreatSchools rating
- 6/10Latham ElementaryGrades: PK-5Distance: 0.6 mi
- 1/10Flat Rock MiddleGrades: 6-8Distance: 6.1 mi
- 3/10Parkland HighGrades: 9-12Distance: 2.1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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