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Image 1 - 862 Washington Street Southwest, Salem, Winston-Salem, NC 27101, USA - House for sale

Image 2 - 862 Washington Street Southwest, Salem, Winston-Salem, NC 27101, USA - House for sale

Image 3 - 862 Washington Street Southwest, Salem, Winston-Salem, NC 27101, USA - House for sale

Image 4 - 862 Washington Street Southwest, Salem, Winston-Salem, NC 27101, USA - House for sale

Image 5 - 862 Washington Street Southwest, Salem, Winston-Salem, NC 27101, USA - House for sale

Image 6 - 862 Washington Street Southwest, Salem, Winston-Salem, NC 27101, USA - House for sale

Image 7 - 862 Washington Street Southwest, Salem, Winston-Salem, NC 27101, USA - House for sale

Image 8 - 862 Washington Street Southwest, Salem, Winston-Salem, NC 27101, USA - House for sale

Home For Sale In Winston Salem, North Carolina

862 Washington Street Southwest, Salem, Winston-Salem, NC 27101, USA

Home For Sale In Winston Salem, North Carolina

house for sale

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Listed: 05/11/24

862 Washington Street Southwest, Salem, Winston-Salem, NC 27101, USA

3 Bed:

2 Bath:

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Price

$ 415,000

Price: Increased

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About This House

This property is currently being operated as a duplex and has been priced to be a turn-key and cash flowing investment property. The top unit is 2 bed/1bath and is currently a long term rental generating $1750/month. The bottom unit has a private entrance at the rear of the home and is operating as a mid-term rental with 1 bed/1 bath and currently renting for $2200/month. Showings of the top unit will only be allowed after terms are agreed upon to minimize disturbing the tenants. The bottom unit is available for showings. The driveway to the bottom unit is off of Washington St behind the property. Please do not disturb the tenants in the top unit. All furnishings in the bottom unit can be negotiated as part of the sale. Owner is a licensed NC real estate agent.

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Winston-Salem Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$304,688 (+4.9%)
Apr 2024	$290,562 (+1.9%)
Mar 2024	$285,146 (0%)
Feb 2024	$285,146 (0%)
Jan 2024	$285,146 (+2.8%)
Dec 2023	$277,455 (-1%)

In May 2024, the asking price for 3 bed houses for sale in/near Winston-Salem, United States averaged $304,688, an increase of 4.9% from the previous month.

Median price trends for properties for sale in Winston-Salem, United States as of May 2024.

Household Income

Median household income: $42,219

Number of households: 94,105

The average household income in Winston-Salem, NC grew from $40,898 to $42,219 in the past year. This data is an estimate based upon 94,105 households in Winston-Salem, NC.
The chart below presents how household income is distributed in Winston-Salem, NC in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Winston-Salem, NC compared to median property taxes around the country. The prevalent amount of property taxes in Winston-Salem, NC equals $800-$1,500 , which is less than the national average.

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