INNOVATE Real Estate
Stick/Site Built at 1 W 5Th Street # 204, Winston-Salem NC 27101, Winston-Salem
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$369,900

1 W 5Th Street # 204, Winston-Salem NC 27101
Winston-Salem, NC 27101
Listed by William Durham
Bedrooms
2
Bathrooms
1
Living area
1,224 sqft
Year built
1925

About this home

List price includes a $10,000 Credit that Buyer can use toward closing costs, a mortgage rate buydown, or to lower price! Stunningly beautiful! Experience urban living at its finest in this stylish loft at historic One West Fifth Street. This 1925 building was thoughtfully converted to condominiums in 2003 & is ideally located in the heart of downtown Winston-Salem- close to Bailey Park, the Innovation Quarter, Trade Street, restaurants, entertainment, and cultural attractions. The open-concept interior blends modern convenience with historic character and features exposed brick, 16' ceilings, many built-ins, hardwood floors, and abundant natural light provided by new, oversized windows [2025] with remote-control shades! The spacious great room includes a lovely kitchen with bar seating, and a flexible living/dining space, while the primary suite features a generous, well-appointed, walk-in closet. Secure-access building with elevator, common areas, and a secure, private parking space.

Property details

MLS #
1225452
Property type
Stick/Site Built
Subdivision
One West Fifth Street Condominiums”
Status
Active
Days on market
103
On market date
June 24, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
1
Parking spaces
N/A
Lot size
0.22 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Brunson Elementary
1.19 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
374
Student:teacher ratio
12.9:1
District
Winston Salem / Forsyth County Schools
Middle
Wiley Magnet Middle
1.2 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
773
Student:teacher ratio
16.4:1
District
Winston Salem / Forsyth County Schools
High
Early College of Forsyth Co
2.64 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
260
Student:teacher ratio
28.9:1
District
Winston Salem / Forsyth County Schools

Walkability

Blended score for Winston-Salem's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

90
Highly walkable
out of 100
EPA National Walkability Index
16.7 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores7
Parks20
Schools20
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in Winston-Salem, from live MLS data.

On the market 103 days -- 22 more days than Winston-Salem's current average of 81 days.
For reference, the median list price across 51 active listings in Winston-Salem right now is $350,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,378/mo
$73,980 down
$295,920 loan
Principal & interest$1,919
Property tax (est.)$308
Home insurance (est.)$150

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Data source: Listing information provided by Triad MLS via Trestle/CoreLogic. Last updated August 17, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.