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$125,000
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Property Description
INVESTORS AND FIXER UPPER LOVERS!! Ask agent about ADU Builder Plans! Opportunity awaits in Historic West Salem/Wachovia Highlands. Currently 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.
Full Property Details
Full Property Details for 1022 Franklin St
General
- Sold For: $125,000
- Taxes: $1,927
- Status: Closed
- Type: Single Family
- Source: Triad_MLS
- MLS ID: 1224373
- Added to Site: 116 day(s) ago
Interior
- Number of Rooms: 6
- Number of Fireplaces: 1
- Fireplace(s): Living Room
- Appliances: Microwave, Range, Remarks
- Flooring: Carpet, Laminate, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
- 1st/Main Floor Primary: Yes
Parking
- Parking Features: Driveway, On Street
Location
- County: Forsyth
- Subdivision: West Salem
- Driving Directions: Turn onto Franklin St.
Heating & Cooling
- Cooling Type: Central Air, Other
- Heating Type: See Remarks, Natural Gas
- Heating Fuel: Natural Gas, Remarks
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Stories/Levels: One
- Square Feet: 1,458
- Living Area: 1,458 Sq. Ft.
- Heated/Cooled: 1,458 Sq. Ft.
- Year Built: 1910
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 0.21
- Road Maintenance: Public Maintained Road
Financial Considerations
- Price Per Acre: $595,238.0952
- Tax Amount: $1,927.74
- Terms: Cash, Conventional, Other
Disclosures and Reports
- Special Conditions: Owner Sale
Listed by Gray France Realty Group
Sold by Howard Hanna Allen Tate - Winston Salem
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Schools
Schools serving 1022 Franklin St
School District:Forsyth County Schools
| Name | Grades | Distance |
|---|---|---|
Latham Elementary 986 Hutton Street, Winston-Salem, NC 27101 | PK-5 | 0.6 mi |
Flat Rock Middle, Winston-Salem, NC 4648 Ebert Road, Winston-Salem, NC 27127 | 6-8 | 6 mi |
Parkland High 1600 Brewer Road, Winston-Salem, NC 27127 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1022 Franklin St
Date
Details
Price
Change
Source
9/17/2026
Sold
$125,000
-19.35%
MLS
8/10/2026
Price Reduced
$154,995
-6.06%
MLS
7/27/2026
Price Reduced
$164,995
-5.72%
MLS
6/15/2026
Listed
$175,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1022 Franklin Street, Winston-Salem, NC 27101 (MLS# 1224373) is a Single Family property that was sold at $125,000 on September 17, 2026. Want to learn more about 1022 Franklin Street? Do you have questions about finding other Single Family real estate for sale in Winston-Salem? You can browse all Winston-Salem real estate or contact a Coldwell Banker agent to request more information.

