927 Apple St Winston Salem, NC 27101
Wachovia Highlands NeighborhoodEstimated payment $2,000/month
Highlights
- No HOA
- Porch
- Central Air
- Second Washer
About This Home
Cash-Flowing 5BR/4BA Investment Property – Prime Winston-Salem Location
Rare opportunity to own a late 1800’s property with multiple income streams within walking distance from downtown Winston-Salem, Truist Stadium, Old Salem, Carolina University, and local restaurants/coffee shops.
Currently leased with 4 tenants in place:
2 Occupied En-suite bedrooms at $750/month each (1 Bdrm, 1 Bath)
1 En-suite bedroom transferring vacant (projected $850/month)
1 Occupied Guest suite rented long-term at $1,200/month (2Bdrm 1 Bath)
Total current rent: $2,700/month, with immediate upside to $3,550/month once fully occupied.
Key features:
All 4 units have their own separate bathroom
Flexible use: long-term rental, Airbnb/VRBO, bed & breakfast, or student housing
Windows & roof under 9 years old
Spacious porch + ample rear parking
Walking distance to downtown attractions & campus
Strong rental history, prime location, and multiple exit strategies make this a must-see investment!!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,577
Year Built
- Built in 1885
Lot Details
- 8,276 Sq Ft Lot
- Property is zoned RM5
Parking
- Driveway
Home Design
- Vinyl Siding
Interior Spaces
- 2,130 Sq Ft Home
- Property has 2 Levels
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Second Washer
- Dryer Hookup
- Second Dryer Hookup
- Second Washer Hookup
Outdoor Features
- Porch
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- West Salem Subdivision
Listing and Financial Details
- Assessor Parcel Number 6825939543000
- 1% Total Tax Rate
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,921 | $143,500 | $26,000 | $117,500 |
| 2023 | $1,921 | $143,500 | $26,000 | $117,500 |
| 2022 | $1,885 | $143,500 | $26,000 | $117,500 |
| 2021 | $1,851 | $143,500 | $26,000 | $117,500 |
| 2020 | $1,502 | $108,800 | $11,300 | $97,500 |
| 2019 | $1,513 | $108,800 | $11,300 | $97,500 |
| 2018 | $1,437 | $108,800 | $11,300 | $97,500 |
| 2016 | $771 | $58,588 | $11,306 | $47,282 |
| 2015 | $759 | $58,588 | $11,306 | $47,282 |
| 2014 | $736 | $58,588 | $11,306 | $47,282 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | Price Changed | $335,000 | -2.9% | $157 / Sq Ft |
| 09/02/2025 09/02/25 | For Sale | $345,000 | +142.1% | $162 / Sq Ft |
| 02/01/2021 02/01/21 | Sold | $142,500 | -- | $75 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $142,500 | None Available | |
| Warranty Deed | $285 | Womble T Dan | |
| Warranty Deed | $70,000 | None Available | |
| Special Warranty Deed | -- | None Available | |
| Trustee Deed | $63,387 | None Available | |
| Warranty Deed | $73,000 | Chicago Title Insurance Comp | |
| Trustee Deed | $28,875 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $110,000 | Credit Line Revolving | |
| Closed | $90,000 | New Conventional | |
| Closed | $121,125 | Seller Take Back | |
| Previous Owner | $62,750 | Purchase Money Mortgage | |
| Previous Owner | $62,500 | Fannie Mae Freddie Mac | |
| Previous Owner | $58,400 | Purchase Money Mortgage | |
| Previous Owner | $50,000 | Purchase Money Mortgage | |
| Closed | $14,600 | No Value Available |
Source: Triad MLS
MLS Number: 1194166
APN: 6825-93-9543
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