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Two-Unit Duplex with Updated Lower Unit

306 Auburndale Street Winston-Salem, Winston Salem, NC 27104

For Sale
$225,000

Both residences have two bedrooms and one bathroom, with leases running through April 2027.

Property SizeContact for details
Days on Market180

Property Features for 306 Auburndale Street Winston-Salem

General Information

Standard status Active
Property subtype Duplex
Occupancy 100%

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $1,675

Building Details

Year Built 1948
Listing Agency: Alterna Real Estate
Listed By: Marcel Perez-Ayala
Source: Grayfrancerealty
Added: May 12 Changed: Nov 6 Last Checked: Nov 6 at 3:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alterna Real Estate

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Investment Insights

Based on property information with market context.

Built in 1948, this duplex contains two apartments, each with two bedrooms and one bathroom. The lower apartment has fresh paint, new carpet, and other recent updates. The roof, HVAC systems, and water heater have also been replaced or upgraded in recent years, though specific dates are not provided.

Both leases extend through April 2027. The upper apartment has been occupied by the same tenant for more than 10 years. The property is in Winston-Salem, with access to shopping, dining, and major roadways.

Key Highlights

  • Two 2‑bedroom, 1‑bath apartments
  • Lower unit refreshed with new carpet, paint, and additional updates
  • Newer roof, HVAC systems, and water heater

Property Analytics

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

427
Businesses Nearby

Demographics for 27104, NC

30,533
Population
15,082
Households
2
Avg Household Size
43
Median Age
58%
College-Educated
95%
High-School Grad
12.4 sq mi
ZIP Area
2,462
Density / Sq Mi
$77,056
Median Household Income
$47,923
Median Earnings
$1,135
Median Rent
$329,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences have two bedrooms and one bathroom, with leases running through April 2027.
Where is this duplex located?
The property is located at 306 Auburndale Street Winston-Salem Winston Salem, NC.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath apartments; Lower unit refreshed with new carpet, paint, and additional updates; Newer roof, HVAC systems, and water heater
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