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Listing provided courtesy of Gold Mile InvestmentsMLS# 1216533MLS Provider
  • 74 days on site
  • 9 views

Investment opportunity in a high-growth Winston-Salem corridor near downtown, minutes from Truist Stadium, the Downtown Arts District, and Bailey Park. Tax records reflect a 5-bedroom, 2-bath single-family home. However, the property is currently configured as a quadplex with 4 large units. It has the potential to accommodate numerous layouts after remodel. Sold as-is and in need of renovations, this property offers strong value-add and income potential. With multiple properties on the same block actively undergoing renovation, this presents an exceptional opportunity for the forward-thinking investor to secure one of the best positioned properties on the street. Sold as-is; buyers to complete all due diligence.

Source: Triad MLS, MLS#: 1216533

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  • Property Type
    Residential
  • Lot
    0.33 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

$
$ %
%
* 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 1420 W 4Th 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
5/27/2026Source: Triad MLS Price Reduction
$184,950 -7.5%
5/12/2026Source: Triad MLS Price Reduction
$199,950 -9.1%
4/16/2026Source: Triad MLS Added to Database
April 16, 2026