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Listing provided courtesy of Gray France Realty GroupMLS# 1224373MLS Provider
  • 14 days on site
  • 4 views

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.

Source: Triad MLS, MLS#: 1224373

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  • Property Type
    Residential
  • Lot
    0.21 acres

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Leonard Ryden Burr Real Estate
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  • Median Age
    33
  • Population Density
    1,523
  • College Educated
    38%
  • Estimated Median Income
    $39,557
  • Estimated Total Home Owners
    2,893
  • Estimated Total Renters
    6,108
  • Owner / Renter Divide
    32% / 68%
  • Estimated Average Household Size
    2
  • Total Population
    19,888
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1022 Franklin Street

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/25/2026Source: Triad MLS Status Change
Due Diligence Period
6/15/2026Source: Triad MLS Added to Database
June 15, 2026