1420 W 4th St, Winston Salem, NC, 27101
About This Home
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.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1905
Materials
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Stick/Site Built,Residential,Single Family Residence
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
Features
- Finished area above ground: 2,767
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 2,767
- Total interior livable area: 2,767 sqft
Property
Details
- Parcel number: 6825739340
- Zoning: RSQ
- Special condition: Owner Sale
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Lot size: 0.33 Acres
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Inland Flooding
- Ice Storm
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Forsyth County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $935 | $11,220 |
| Home Insurance * | $95 | $1,140 |
| Property Taxes | $167 | $2,004 |
| Electricity | $257 | $3,092 |
| Total | $1,454 | $17,448 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-12 | Price change | $199,950 |
| 2026-04-16 | Listed for sale | $219,950 |
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