photo 1: 523 W First Street, Winston-Salem NC 27101

Courtesy of Keller Williams Realty Elite 336-283-2234

Active

523 W First Street, Winston-Salem NC 27101

$440,000

Price

3

Beds

4

Baths

2,200

Sq. Ft.

Prime investment opportunity in the historic Holly Avenue District of Downtown Winston-Salem! This charming 1923 bungalow offers 3 bedrooms, 2 full baths, and 2 half baths. The main level features a primary suite with freestanding tub and separate shower. Upstairs includes a private-entry apartment-style space with kitchen, combo 1/2 bath, and laundry—perfect for rental income, Airbnb, or guest suite. The main kitchen features granite countertops, gas range with Stainless Steel hood, subway tile backsplash, and tile flooring. Additional highlights include a gas log fireplace, French doors to the dining room, spacious front porch, private fenced yard, gravel driveway, and on-street parking. RSQ zoning provides flexible use options. Walkable to downtown events, public transportation, restaurants, and shops. With strong rental potential and historic appeal, this property is ideal for investors or buyers seeking income-producing opportunities!

Listing Type

Residential

Property Type

Stick/Site Built

Built Year

1923

Levels

One and One Half

Price/Sqft

--

Lot Size Acre

0.08

Status

Active

Days on Realoq

21

Living Area

2,200 Sq. Ft.

Lot Size Sqft

3,484 Sq. Ft.

Location

Agent

Greta Frye Wiley

Brokerage

Keller Williams Realty Elite

Source AOR

Forsyth

Listing ID #

1177167

Data cannot be redistributed and cannot be used for any reason than provided in the contract.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Sold data is for informational purposes only and is not an indication of a market analysis or appraisal. This site will be monitored for 'scraping' and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. Data cannot be redistributed and cannot be used for any reason other than Information is deemed reliable but not guaranteed. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS's Internet Data Exchange Database

Listing Information © 2025 Triad MLS, Inc. of North Carolina. All Rights Reserved.

MLS Search Powered by Home Junction.

Unlock Your Path to Financial Confidence
Get Pre-Approved Now

Today's Mortgage Rates - North Carolina