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$175,000
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Property Description
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.
Full Property Details
Full Property Details for 1022 Franklin St
General
- Price: $175,000
- Taxes: $1,927
- Status: Active
- Type: Single Family
- Source: Triad_MLS
- MLS ID: 1224373
- Updated: 6/15/2026
- Added to Site: 8 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
- 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: $833,333.3333
- Tax Amount: $1,927.74
- Terms: Cash, Conventional, Other
Disclosures and Reports
- Special Conditions: Owner Sale
Listed by Gray France Realty Group
Get Pre-Approved Today
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
6/15/2026
Listed
$175,000
150%
MLS
11/15/2005
Sold
$70,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1022 Franklin St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,928
50%
$174,900
90%
2024
$1,289
5%
$91,900
—
2023
$1,230
2%
$91,900
—
2022
$1,207
2%
$91,900
—
2021
$1,186
13%
$91,900
21%
2020
$1,052
-1%
$76,200
—
2019
$1,060
5%
$76,200
—
2018
$1,007
—
$76,200
—
2017
$1,007
38%
$76,200
38%
2016
$728
2%
$55,300
—
2015
$717
3%
$55,300
—
2014
$695
1%
$55,300
—
2013
$689
—
$55,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1022 Franklin St
1022 Franklin Street, Winston-Salem, NC 27101 (MLS# 1224373) is a Single Family property with 4 bedrooms and 2 full bathrooms. 1022 Franklin Street is currently listed for $175,000 and was received on June 15, 2026. Want to learn more about 1022 Franklin Street? Do you have questions about finding other Single Family real estate for sale in West Salem? You can browse all West Salem real estate or contact a Coldwell Banker agent to request more information.

