5038 Pinewood Drive, Winston-Salem, NC 27106

Building Details

Year Built 1970 More

Year Renovated 2021 More

Buildings 1 More

Listing Agency: Village Realty Show Phone

Listed By: McKenzie Ziegler Show Phone

Source: Martihampton

Added: Sep 18 Changed: Nov 6 Last Checked: Nov 6 at 2:46PM

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Investment Insights

Based on property information with market context.

This duplex at 5038 and 5044 Pinewood Drive contains two residences, each arranged with one bedroom and one bathroom. Both units received substantial renovation work in 2021, and each has its own laundry facilities. The 5044 residence also has fresh paint throughout.

The property is in Winston-Salem, near grocery stores and shopping, with Wake Forest University a drive away. Both units remained rented during the seller’s ownership.

Key Highlights

• Two duplex residences, each with one bedroom and one bathroom
• Both units underwent significant renovations in 2021
• Laundry facilities located within each residence

Property Analytics

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

53

Businesses Nearby

Explore this area Business Placement

Demographics for 27106, NC

49,115

Population

22,491

Households

2.2

Avg Household Size

38

Median Age

48%

College-Educated

92%

High-School Grad

28.5 sq mi

ZIP Area

1,723

Density / Sq Mi

$66,091

Median Household Income

$37,094

Median Earnings

$1,090

Median Rent

$286,000

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Duplex - Each residence has a single-bedroom plan, one bathroom, and laundry facilities inside the unit.

Where is this duplex located?

The property is located at 5038 Pinewood Drive Winston-Salem, NC.

What is the asking price?

The asking price for this property is $299,900.

What are key features of this property?

This property features: Two duplex residences, each with one bedroom and one bathroom; Both units underwent significant renovations in 2021; Laundry facilities located within each residence