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$162,500
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Property Description
Attention investors! Discover a rare opportunity in the heart of historic West Salem, one of Forsyth County's most up-and-coming neighborhoods minutes from Downtown! This 1910 two-story home boasts 8 spacious bedrooms, 2 full baths, and 5 fireplaces, offering the charm and scale ideal for your next high-return project. Zoned RSQ, the property allows for versatile exit strategies-whether pursuing a luxury flip, long-term rental, or multi-family conversion. With double balconies (potential seperate exterior entrance) and historic character throughout, this existing structure holds tremendous potential to transform into a standout investment in an increasingly sought-after area. See agent only remarks.
Full Property Details
Full Property Details for 1101 Franklin St
General
- Sold For: $162,500
- Taxes: $3,433
- Status: Closed
- Type: Single Family
- Source: Triad_MLS
- MLS ID: 1200897
- Added to Site: 191 day(s) ago
Interior
- Number of Rooms: 10
- Number of Fireplaces: 5
- Fireplace(s): See Remarks
- Appliances: Gas Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper - Full Baths: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 8
- 1st/Main Floor Primary: Yes
Exterior
- Exterior Features: Balcony
Parking
- Parking Features: Driveway
Location
- County: Forsyth
- Subdivision: None
- Driving Directions: Turn off S Green St onto Franklin, home is on the corner of Franklin & Beaumont St.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air, Natural Gas
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Stories/Levels: Two
- Living Area: 2,916 Sq. Ft.
- Heated/Cooled: 2,916 Sq. Ft.
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.14
Financial Considerations
- Price Per Acre: $1,160,714.2857
- Tax Amount: $3,433.36
- Terms: Cash, Other
Disclosures and Reports
- Special Conditions: Owner Sale
Listed by Gray France Realty Group
Sold by The Rousseau Realty Group LLC
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Schools
Schools serving 1101 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 1101 Franklin St
Date
Details
Price
Change
Source
1/07/2026
Sold
$162,500
-16.62%
MLS
11/24/2025
Price Reduced
$194,900
-7.15%
MLS
11/14/2025
Listed
$209,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1101 Franklin Street, Winston-Salem, NC 27101 (MLS# 1200897) is a Single Family property that was sold at $162,500 on January 07, 2026. Want to learn more about 1101 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.

