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For sale
    • $450,000

    504 W Sprague St, Winston Salem, NC 27127

    5beds
    2,264sqft
    : 
    $2,687/mo
    Get pre-qualified
    Stick/Site Built, Residential, Single Family Residence
    Built in 1920
    0.25 Acres Lot
    $429,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    438 days
    |
    126
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Garrett Andersson 828-260-1877,

    The Andersson Group

    Source: Triad MLS,MLS#: 1181013MLS LogoOriginating MLS: Winston-Salem

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 2
      Primary bedroom
      • Level: Main
      • Dimensions: 17.17 x 15.42
      Bedroom 2
      • Level: Main
      • Dimensions: 12.25 x 12.42
      Bedroom 3
      • Level: Main
      • Dimensions: 12.33 x 10.92
      Bedroom 4
      • Level: Basement
      • Dimensions: 9.08 x 15.08
      Bedroom 5
      • Level: Basement
      • Dimensions: 9.58 x 12.67
      Breakfast
      • Level: Main
      • Dimensions: 12.5 x 15.33
      Dining room
      • Level: Main
      • Dimensions: 12.67 x 10.5
      Kitchen
      • Level: Basement
      • Dimensions: 13.75 x 18.5
      Kitchen
      • Level: Main
      • Dimensions: 9.58 x 12.17
      Living room
      • Level: Main
      • Dimensions: 15.17 x 13.92
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Microwave, Cooktop, Dishwasher, Free-Standing Range, Gas Water Heater
      • Laundry: 2nd Dryer Connection, 2nd Washer Connection, Dryer Connection, In Basement, Main Level
      Features
      • Ceiling Fan(s), Dead Bolt(s), In-Law Floorplan, Pantry, Solid Surface Counter
      • Flooring: Tile, Vinyl
      • Basement: Finished, Basement
      • Has fireplace: No
      Interior area
      • Total structure area: 2,264
      • Total interior livable area: 2,264 sqft
      • Finished area above ground: 1,673
      • Finished area below ground: 591

      Property

      Parking
      • Total spaces: 1
      • Parking features: Carport, Driveway, Detached Carport
      • Garage spaces: 1
      • Has carport: Yes
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Porch
      • Pool features: None
      Lot
      • Size: 0.25 Acres
      • Dimensions: 148' x 63' x 145' x 85'
      • Features: City Lot, Not in Flood Zone
      Details
      • Additional structures: Storage
      • Parcel number: 6834163586
      • Zoning: RS7
      • 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: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Security System, Smoke Detector(s)
      • Subdivision: Washington Park
      HOA
      • Has HOA: No
      Location
      • Region: Winston Salem

      Financial & listing details

      • Tax assessed value: $206,600
      • Annual tax amount: $2,898
      • Date on market: 5/14/2025
      • Cumulative days on market: 574 days
      • Listing agreement: Exclusive Right To Sell

        Estimated market value

        $429,700

        $408,000 - $451,000

        $2,268/mo

        Price history

        DateEventPrice
        9/9/2025Price change$450,000-2%
        Source: Triad MLS #1181013 Report a problem
        5/14/2025Listed for sale$459,000-1.3%
        Source: Triad MLS #1181013 Report a problem
        4/12/2025Listing removed$465,000
        Source: Triad MLS #1158650 Report a problem
        11/25/2024Listed for sale$465,000
        Source: Triad MLS #1158650 Report a problem
        10/15/2024Pending sale$465,000
        Source: Triad MLS #1158650 Report a problem
        10/10/2024Listed for sale$465,000+22.4%
        Source: Triad MLS #1158650 Report a problem
        4/19/2023Sold$380,000-0.8%
        Source: Triad MLS #1088108 Report a problem
        3/1/2023Pending sale$383,000
        Source: Triad MLS #1088108 Report a problem
        2/2/2023Price change$383,000-0.5%
        Source: Triad MLS #1088108 Report a problem
        1/2/2023Listed for sale$384,900
        Source: Triad MLS #1088108 Report a problem
        12/25/2022Listing removed$384,900
        Source: Triad MLS #1088108 Report a problem
        12/8/2022Price change$384,900-1.3%
        Source: Triad MLS #1088108 Report a problem
        10/31/2022Listed for sale$389,900+110.8%
        Source: Triad MLS #1088108 Report a problem
        12/9/2021Sold$185,000+26.3%$82/sqft
        Source: Public Record Report a problem
        7/19/2021Sold$146,500-43.7%$65/sqft
        Source: Public Record Report a problem
        6/20/2021Listed for sale$260,000+4.4%$115/sqft
        Source: Owner Report a problem
        2/17/2021Listing removed--
        Source: Owner Report a problem
        9/7/2020Pending sale$249,000$110/sqft
        Source: Owner Report a problem
        9/1/2020Listed for sale$249,000+80.4%$110/sqft
        Source: Owner Report a problem
        3/15/2019Sold$138,000+16%$61/sqft
        Source: Public Record Report a problem
        9/8/2014Listing removed$119,000$53/sqft
        Source: Owner Report a problem
        6/10/2014Price change$119,000-99%$53/sqft
        Source: Owner Report a problem
        6/6/2014Price change$11,900,000+9504.5%$5,256/sqft
        Source: Owner Report a problem
        3/23/2014Listed for sale$123,900-4.6%$55/sqft
        Source: Owner Report a problem
        10/1/2013Listing removed$129,900$57/sqft
        Source: RE/MAX PREFERRED PROPERTIES #668349 Report a problem
        3/26/2013Listed for sale$129,900$57/sqft
        Source: Kelller Williams Realty of Winston-Salem #668349 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,157 +43.5%$377,200 +82.6%
        2024$2,898 +0.8%$206,600
        2023$2,876 +45.2%--
        2022$1,980 +1.8%$150,700
        2021$1,944 -0.9%$150,700 +6.1%
        2020$1,962 +6.7%$142,100 +7.5%
        2019$1,839 +5.3%$132,200
        2018$1,746 $132,200 +11.9%
        2016$1,746 +14%$118,168
        2015$1,532 +3.1%$118,168
        2014$1,486 $118,168
        2013-- $118,168 -22.3%
        2012-- $152,126
        2011-- $152,126
        2010-- $152,126
        2009-- $152,126 +6.1%
        2006-- $143,445
        2005-- $143,445 +62.3%
        2004-- $88,379
        2003-- $88,379
        2002-- $88,379
        2001-- $88,379 +22.5%
        2000-- $72,139
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Washington Park

        Getting around

        52 / 100
        Somewhat Walkable
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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