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$450,000

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 3 Full Baths
  • 0.25 Acres
  • 1 Car Garage
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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.

Full Property Details for 504 W Sprague St

General

  • Price: $450,000
  • Taxes: $2,898
  • Status: Active
  • Type: Single Family
  • Source: Triad_MLS
  • MLS ID: 1181013
  • Updated: 12/5/2025
  • Added to Site: 301 day(s) ago

Interior

  • Number of Rooms: 10
  • Interior Features: Ceiling Fan(s), Dead Bolt(s), In-Law Floorplan, Pantry, Solid Surface Counter
  • Appliances: Microwave, Cooktop, Dishwasher, Free-Standing Range, Gas Water Heater
  • Flooring: Tile, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Floor Baths: 2
  • Main - Full Baths: 2
  • Lower - Full Baths: 1

Bedrooms

  • Total Bedrooms: 5
  • 1st/Main Floor Primary: Yes

Other Rooms

  • Laundry: 2nd Dryer Connection, 2nd Washer Connection, Dryer Connection, In Basement, Main Level

Additional Information

  • Security/Safety: Security System, Smoke Detector(s)

Exterior

  • Patio/Terrace: Yes

Parking

  • Garage Description: Detached Carport
  • Garage Spaces: 1
  • Parking Features: Carport, Driveway, Detached Carport

Location

  • County: Forsyth
  • Subdivision: Washington Park
  • Driving Directions: Take I-40 East to the Peters Creek exit. Turn left onto Peters Creek, then right onto Silas Creek. Turn left onto Buchanan, then right onto Salisbury Ridge. Turn right onto Freeman, then right onto Sprague. The home will be on the left.
  • City Limits: Yes

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.: Finished, Basement
  • Stories/Levels: One
  • Heated/Cooled: 1,673 Sq. Ft.
  • Year Built: 1920

Additional Structures

  • Other Structures: Storage

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Dimensions: 148' x 63' x 145' x 85'
  • Lot Features: City Lot

Financial Considerations

  • Price Per Acre: $1,800,000
  • Tax Amount: $2,898.18

Disclosures and Reports

  • Special Conditions: Owner Sale
  • Deed Restrictions: Yes

Listed by The Andersson Group

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Listing agent

— 504 W Sprague St —

  • The Andersson Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 504 W Sprague St

School District:Forsyth County Schools
NameGradesDistance
Latham Elementary
986 Hutton Street, Winston-Salem, NC 27101
PK-50.8 mi
Philo Middle
410 Haverhill Street, Winston-Salem, NC 27127
6-81.1 mi
Parkland High
1600 Brewer Road, Winston-Salem, NC 27127
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 504 W Sprague St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/09/2025
Price Reduced
$450,000
-1.96%
MLS
5/14/2025
Listed
$459,000
20.79%
MLS
4/10/2023
Sold
$380,000
—
Public Record
Get Price Alerts and Save Property
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 for 504 W Sprague St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,157
43%
$377,200
83%
2024
$2,898
1%
$206,600
100%
2023
$2,876
48%
-100%
2021
$1,944
-2%
$150,700
—
2022
$1,980
2%
$150,700
6%
2021
$1,944
6%
$142,100
7%
2019
$1,839
5%
$132,200
—
2018
$1,746
—
$132,200
—
2017
$1,746
12%
$132,200
12%
2016
$1,556
2%
$118,200
—
2015
$1,532
3%
$118,200
—
2014
$1,486
1%
$118,200
—
2013
$1,474
—
$118,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by The Andersson Group

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504 W Sprague Street, Winston-Salem, NC 27127 (MLS# 1181013) is a Single Family property with 5 bedrooms and 3 full bathrooms. 504 W Sprague Street is currently listed for $450,000 and was received on May 14, 2025. Want to learn more about 504 W Sprague Street? Do you have questions about finding other Single Family real estate for sale in Reynolda? You can browse all Reynolda real estate or contact a Coldwell Banker agent to request more information.

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