523 W First Street, Winston-Salem, NC 27101

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$450,000

bedrooms

bathrooms

square feet

2,200

Acreage

0.08

Open Houses

year built

1923

Full Baths

Half Baths

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Prime investment opportunity in the historic Holly Avenue District of Downtown Winston-Salem! This charming 1923 bungalow offers 3 bedrooms, 2 full baths, and 2 half baths. The main level features a primary suite with freestanding tub and separate shower. Upstairs includes a private-entry apartment-style space with kitchen, combo 1/2 bath, and laundry—perfect for rental income, Airbnb, or guest suite. The main kitchen features granite countertops, gas range with Stainless Steel hood, subway tile backsplash, and tile flooring. Additional highlights include a gas log fireplace, French doors to the dining room, spacious front porch, private fenced yard, gravel driveway, and on-street parking. RSQ zoning provides flexible use options. Walkable to downtown events, public transportation, restaurants, and shops. With strong rental potential and historic appeal, this property is ideal for investors or buyers seeking income-producing opportunities!

Location
Subdivision	None
County	Forsyth
Elementary School	Diggs-Latham
Middle School	Flat Rock
High School	Parkland

Driving directions

Open houses

None scheduled.

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MLS number: 1177167

Listing agent: Greta Frye Wiley

Listing broker: Jwg Triad, Llc (336) 283-8691

Copyright © 2025 Triad Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Thursday, May 1 2025 at 10:21 a.m. EDT

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