NOT LISTED FOR SALE

524 Washington Ave SW Winston-Salem, NC 27101

South Marshall Neighborhood
-- Bed
-- Bath
-- Sq Ft
1905 Built

Last Sold May 15, 2024

Last sale price $440,000

11 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Laundry Facilities

About This Home

As of May 2024

Incredible investment opportunity! Fully occupied 6-plex in excellent location! Close to School of the Arts, Old Salem, and downtown nestled in between West Salem and Washington Park. Stainless steel appliances in all units. Claw foot tubs in several units. Large front porch. Stackable washer and dryer in lobby for tenants to use. 6 apartments total! 5 studio and 1 one bedroom apartment with total rents of $4,880. Downstairs units each have private exterior entrances and upstairs units share an exterior entrance from the hallway. Owner pays all utilities. Please do not disturb tenants. Please text agent for showing appointment or schedule on Showingtime. *SHOWING SUNDAY 4/21 FROM 12-2PM* Showings limited to once per week to accommodate tenants.

Last Agent to Sell the Property

Jordan Laham

Keller Williams Realty Elite License #302905 Listed on: 04/12/2024

Keller Williams Realty Elite

Last Buyer's Agent

Paul Yamane

ERA Live Moore License #327140

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,549

Year Built

  • Built in 1905

Home Design

  • Vinyl Siding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • 2-Story Property
  • Lot Dimensions are 132 x 48 x 132 x 48

Listing and Financial Details

  • Assessor Parcel Number 6835118605
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Additional Features

  • Laundry Facilities
  • 6 Leased Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,549

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 132 x 48 x 132 x 48
  • Directions: From S Hawthorne, turn right onto W Academy St. Take a left onto Granville Dr and the first right onto W Academy St. After you take a right onto S Broad St, take the 2nd left onto Washington Ave.
  • Architectural Style: Two Story
  • Year Built: 1905
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Basement YN: No
  • TRIADMLS_Storage: Outside Storage

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Common Area
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6835118605
  • Zoning: RS9
  • TRIADMLS_DeedPage: 1387
  • TRIADMLS_DeedBook: 3564
  • TRIADMLS_AcresRange: -

Multi Family

  • Number Of Units In Community: 6
  • Number Of Units Total: 6
  • Number Of Units Leased: 6

Tax Info

  • Tax Annual Amount: 2548.77
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.314

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $440,000 -2.2% --
04/24/2024 04/24/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $450,000 -- --
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jordan Laham

    Seller's Agent in 2024

    Jordan Laham

    Keller Williams Realty Elite

    (910) 264-5456

    2 in this area

    30 Total Sales

    Jordan Laham
    Section Image

  • P

    Buyer's Agent in 2024

    Paul Yamane

    ERA Live Moore

    (336) 608-9001

    2 in this area

    7 Total Sales

    Paul Yamane
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 1139113

Triad MLS
North Carolina Forsyth County Winston-Salem 27101 South Marshall

524 Washington Ave SW, Winston-Salem, NC

This home is located at 524 Washington Ave SW, Winston-Salem, NC 27101 since 12 April 2024. This property was built in 1905. 524 Washington Ave SW is a home located in Forsyth County with nearby schools including Flat Rock Middle, Parkland High, and Our Lady of Mercy Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Triad MLS Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.

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