Real Estate Investment Properties for Sale in Winston Salem, NC

Looking for investment property in Winston Salem, NC with high ROI ?

Explore a variety of short-term homes & houses in Winston Salem, NC. Invest wisely with VRBO & Winston Salem, NC Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Townhouses for Sale in Winston Salem, NC

Search for Townhouse for Sale in Winston Salem, North Carolina. Browse all of Mashvisor’s Townhouse listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 65 Townhouse listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3464 Waterwheel Cir Winston Salem, NC Wonderful single level living. Convenient to highways, shopping and dining! Open floor pl...	2 beds \| 2 baths \| 1,594 sq.ft.	$404,900	Airbnb cash on cash: -1.74% Traditional cash on cash: 1.48% Airbnb Rental Income: $718 Traditional Rental Income: $1630 Airbnb ROI: -1.74% Traditional ROI: 1.48%
1773 Grand Silo Way Winston Salem, NC Open floor plan for easy living in this end unit townhome! Private screened porch off kitc...	2 beds \| 2 baths \| 1,444 sq.ft.	$199,900	Airbnb cash on cash: -1.32% Traditional cash on cash: 4.21% Airbnb Rental Income: $718 Traditional Rental Income: $1460 Airbnb ROI: -1.32% Traditional ROI: 4.21%
3419 Waterwheel Cir Winston Salem, NC The Abbey Deluxe offers an open, spacious, maintenance free lifestyle with with custom fin...	3 beds \| 3 baths \| 2,399 sq.ft.	$550,000	Airbnb cash on cash: -1.45% Traditional cash on cash: 2.15% Airbnb Rental Income: $818 Traditional Rental Income: $2338 Airbnb ROI: -1.45% Traditional ROI: 2.15%
825 Poplar St S Winston Salem, NC Spacious & filled with light! Excellent condition, move-in ready. An end-unit, this Salem ...	2 beds \| 2 baths \| 1,512 sq.ft.	$409,000	Airbnb cash on cash: -1.59% Traditional cash on cash: 1.12% Airbnb Rental Income: $718 Traditional Rental Income: $1448 Airbnb ROI: -1.59% Traditional ROI: 1.12%
3949 Valley Ct #C Winston Salem, NC Desirable Sherwood West all brick town home freshly painted. Main level features dining ar...	2 beds \| 1 baths \| 1,240 sq.ft.	$179,900	Airbnb cash on cash: -0.74% Traditional cash on cash: 3.76% Airbnb Rental Income: $718 Traditional Rental Income: $1179 Airbnb ROI: -0.74% Traditional ROI: 3.76%
1602 Preston Woods Dr Winston Salem, NC Discover the ease of single-level living in this meticulously loved 2-bedroom, 2-bath end-...	2 beds \| 2 baths \| 1,173 sq.ft.	$260,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 4.51% Airbnb Rental Income: $718 Traditional Rental Income: $1724 Airbnb ROI: -0.85% Traditional ROI: 4.51%
300 Castellum Sq Winston Salem, NC This immaculate luxury townhome in sought after Friedberg Village is a hidden treasure wit...	3 beds \| 3 baths \| 2,259 sq.ft.	$399,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 4.11% Airbnb Rental Income: $818 Traditional Rental Income: $2370 Airbnb ROI: -0.9% Traditional ROI: 4.11%
656 Rock Garden Cir Winston Salem, NC Come take advantage of this Rare Opportunity to own your townhome in the Sought After Pebb...	2 beds \| 1 baths \| 974 sq.ft.	$210,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 4% Airbnb Rental Income: $718 Traditional Rental Income: $1329 Airbnb ROI: -0.62% Traditional ROI: 4%
320 Oak Arbor Ln Winston Salem, NC Location! Schools! Adorable townhome in the sought after location of Jamestowne. Lovely li...	2 beds \| 2 baths \| 1,374 sq.ft.	$205,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 5.8% Airbnb Rental Income: $718 Traditional Rental Income: $1717 Airbnb ROI: -0.92% Traditional ROI: 5.8%
843 Brickwood Ct Winston Salem, NC Move-in ready townhome in Winston-Salem! This end unit townhome has been freshly painted a...	2 beds \| 1 baths \| 1,056 sq.ft.	$185,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 4% Airbnb Rental Income: $718 Traditional Rental Income: $1246 Airbnb ROI: -0.75% Traditional ROI: 4%
298 Lamplighter Cir Winston Salem, NC Stunning home checks all the boxes! From the fabulous floorplan to the great location, th...	3 beds \| 3 baths \| 2,250 sq.ft.	$350,000	Airbnb cash on cash: -1.53% Traditional cash on cash: 3.43% Airbnb Rental Income: $818 Traditional Rental Income: $2122 Airbnb ROI: -1.53% Traditional ROI: 3.43%
1781 Grand Silo Way Winston Salem, NC Fabulous, move-in ready townhome well under $200k & convenient to all parts of town! Open ...	2 beds \| 2 baths \| 1,361 sq.ft.	$185,000	Airbnb cash on cash: -1.72% Traditional cash on cash: 4.15% Airbnb Rental Income: $718 Traditional Rental Income: $1441 Airbnb ROI: -1.72% Traditional ROI: 4.15%
2021 Salisbury Sq Winston Salem, NC Enjoy effortless main-level living in this beautifully maintained brick home featuring you...	2 beds \| 2 baths \| 1,327 sq.ft.	$266,000	Airbnb cash on cash: -1.56% Traditional cash on cash: 2.97% Airbnb Rental Income: $718 Traditional Rental Income: $1547 Airbnb ROI: -1.56% Traditional ROI: 2.97%
303 Lamplighter Cir Winston Salem, NC Move-In Ready townhome in Winston-Salem! This inviting 3-bedroom, 2.5-bathroom townhome is...	3 beds \| 2 baths \| 1,447 sq.ft.	$198,000	Airbnb cash on cash: -1.2% Traditional cash on cash: 4.88% Airbnb Rental Income: $818 Traditional Rental Income: $1636 Airbnb ROI: -1.2% Traditional ROI: 4.88%
303 Zurich Ct Winston Salem, NC Conveniently located right over the highly desired Davidson County line, but just down the...	2 beds \| 2 baths \| 1,807 sq.ft.	$315,000	Airbnb cash on cash: -1.54% Traditional cash on cash: 2.9% Airbnb Rental Income: $718 Traditional Rental Income: $1724 Airbnb ROI: -1.54% Traditional ROI: 2.9%
2188 Shady Stone Dr Winston Salem, NC UP TO $2000 LENDER CREDIT WHEN USING TRUSTED LENDER! This updated 3 bed, 3 bath home offer...	3 beds \| 3 baths \| 1,678 sq.ft.	$284,999	Airbnb cash on cash: -0.72% Traditional cash on cash: 3.77% Airbnb Rental Income: $818 Traditional Rental Income: $1696 Airbnb ROI: -0.72% Traditional ROI: 3.77%
106 Queensbury Dr Winston Salem, NC Welcome to low maintenance living in Friedberg Village. New HVAC systems & roof! This all ...	2 beds \| 2 baths \| 2,045 sq.ft.	$374,900	Airbnb cash on cash: -1.14% Traditional cash on cash: 3.83% Airbnb Rental Income: $718 Traditional Rental Income: $2159 Airbnb ROI: -1.14% Traditional ROI: 3.83%
3646 Heathrow Dr Winston Salem, NC This beautifully maintained home blends natural charm with flexible, functional living spa...	2 beds \| 2 baths \| 1,828 sq.ft.	$170,000	Airbnb cash on cash: -1.03% Traditional cash on cash: 9.08% Airbnb Rental Income: $718 Traditional Rental Income: $2048 Airbnb ROI: -1.03% Traditional ROI: 9.08%
117 Chrisfield Cir Winston Salem, NC Welcome home to 117 Chrisfield Circle! This beautifully updated three-story townhome offer...	3 beds \| 2 baths \| 2,242 sq.ft.	$265,000	Airbnb cash on cash: -1.28% Traditional cash on cash: 6.14% Airbnb Rental Income: $818 Traditional Rental Income: $2348 Airbnb ROI: -1.28% Traditional ROI: 6.14%
506 Westpark Cir Winston Salem, NC Join me in welcoming this new listing in Winston Salem! This property is perfect for low m...	2 beds \| 2 baths \| 1,361 sq.ft.	$249,900	Airbnb cash on cash: -1.03% Traditional cash on cash: 4.64% Airbnb Rental Income: $718 Traditional Rental Income: $1749 Airbnb ROI: -1.03% Traditional ROI: 4.64%
203 Lamplighter Cir Winston Salem, NC Charming townhome in wooded established neighborhood close to all amenities and main highw...	2 beds \| 2 baths \| 1,322 sq.ft.	$184,800	Airbnb cash on cash: -1.61% Traditional cash on cash: 5.89% Airbnb Rental Income: $718 Traditional Rental Income: $1728 Airbnb ROI: -1.61% Traditional ROI: 5.89%
2752 Windy Xing Winston Salem, NC Welcome to the Crosswinds Community! This beautifully maintained townhome features 2 Bedro...	2 beds \| 2 baths \| 1,246 sq.ft.	$187,500	Airbnb cash on cash: -0.88% Traditional cash on cash: 6.14% Airbnb Rental Income: $718 Traditional Rental Income: $1661 Airbnb ROI: -0.88% Traditional ROI: 6.14%
201 Watchtower Ct Winston Salem, NC Welcome home to Friedberg Village, an upscale community known for its quality craftsmanshi...	3 beds \| 2 baths \| 2,024 sq.ft.	$420,000	Airbnb cash on cash: -0.97% Traditional cash on cash: 3.19% Airbnb Rental Income: $818 Traditional Rental Income: $2131 Airbnb ROI: -0.97% Traditional ROI: 3.19%
1901 Friedberg Village Dr Winston Salem, NC Beautiful end unit 1 1/2 story townhouse filled with natural light and open layout! The k...	3 beds \| 3 baths \| 2,262 sq.ft.	$440,990	Airbnb cash on cash: -1.02% Traditional cash on cash: 3.36% Airbnb Rental Income: $818 Traditional Rental Income: $2301 Airbnb ROI: -1.02% Traditional ROI: 3.36%
2918 Saint Marks Rd #C Winston Salem, NC Just minutes from shopping, dining, and medical facilities, offering ultimate convenience ...	2 beds \| 1 baths \| 1,176 sq.ft.	$209,500	Airbnb cash on cash: -0.95% Traditional cash on cash: 4.93% Airbnb Rental Income: $718 Traditional Rental Income: $1577 Airbnb ROI: -0.95% Traditional ROI: 4.93%
4080 Huntingreen Ln #D Winston Salem, NC Welcome Home! Donât miss this beautifully updated townhome in sought-after Sherwood West...	3 beds \| 2 baths \| 1,483 sq.ft.	$229,900	Airbnb cash on cash: -0.79% Traditional cash on cash: 5.29% Airbnb Rental Income: $818 Traditional Rental Income: $1816 Airbnb ROI: -0.79% Traditional ROI: 5.29%
2641 Windy Xing Winston Salem, NC Looking for single-level living? This 2 bedroom, 2 bath townhome is move-in ready. The liv...	2 beds \| 2 baths \| 1,173 sq.ft.	$179,900	Airbnb cash on cash: -1.11% Traditional cash on cash: 5.79% Airbnb Rental Income: $718 Traditional Rental Income: $1592 Airbnb ROI: -1.11% Traditional ROI: 5.79%
201 Cat Tail Ln Winston Salem, NC It doesn't get much better than this! Low maintenance living in a convenient location, wa...	3 beds \| 2 baths \| 1,479 sq.ft.	$345,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 3.19% Airbnb Rental Income: $818 Traditional Rental Income: $1747 Airbnb ROI: -0.68% Traditional ROI: 3.19%
3985 Village Park Ct Winston Salem, NC Open House this Sunday from 2p-4p to start off 2026! Welcome home ~ this charming 2-bedroo...	2 beds \| 2 baths \| 1,184 sq.ft.	$219,500	Airbnb cash on cash: -0.9% Traditional cash on cash: 5.99% Airbnb Rental Income: $718 Traditional Rental Income: $1841 Airbnb ROI: -0.9% Traditional ROI: 5.99%
3160 Manchester Ave Winston Salem, NC Nice End-Unit Townhouse in Hampton Commons. This home features a very well thought out flo...	2 beds \| 2 baths \| 1,315 sq.ft.	$205,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 5.98% Airbnb Rental Income: $718 Traditional Rental Income: $1789 Airbnb ROI: -1.12% Traditional ROI: 5.98%
3228 Kensington Pl Winston Salem, NC Welcome to the elegance of 3228 Kensington Pl. The spaciousness of the closets provides a ...	2 beds \| 1 baths \| 984 sq.ft.	$165,000	Airbnb cash on cash: -0.95% Traditional cash on cash: 6.2% Airbnb Rental Income: $718 Traditional Rental Income: $1535 Airbnb ROI: -0.95% Traditional ROI: 6.2%
626 Rock Garden Cir Winston Salem, NC Fantastic location!! You will want to come see this cute as a button townhome. Its an end ...	2 beds \| 1 baths \| 936 sq.ft.	$179,000	Airbnb cash on cash: -1.38% Traditional cash on cash: 3.79% Airbnb Rental Income: $718 Traditional Rental Income: $1289 Airbnb ROI: -1.38% Traditional ROI: 3.79%
2022 Owls Roost Rd Winston Salem, NC Enjoy easy one-level living in this lovelyÂ townhome with a two-car garage on a quiet dead...	3 beds \| 2 baths \| 1,464 sq.ft.	$294,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 2.29% Airbnb Rental Income: $818 Traditional Rental Income: $1408 Airbnb ROI: -1.02% Traditional ROI: 2.29%
2716 Sawgrass Ct Winston Salem, NC 2716 Sawgrass Ct, Winston Salem, NC 27103 \| Townhouse	2 beds \| 2 baths \| 1,300 sq.ft.	$214,500	Airbnb cash on cash: -1.72% Traditional cash on cash: 2.26% Airbnb Rental Income: $718 Traditional Rental Income: $1220 Airbnb ROI: -1.72% Traditional ROI: 2.26%
1825 Ardmore Commons Dr Winston Salem, NC 1825 Ardmore Commons Dr, Winston Salem, NC 27103 \| Townhouse	2 beds \| 2 baths \| 1,252 sq.ft.	$265,000	Airbnb cash on cash: -1.35% Traditional cash on cash: 2.91% Airbnb Rental Income: $718 Traditional Rental Income: $1474 Airbnb ROI: -1.35% Traditional ROI: 2.91%
505 Tanners Park Ct Winston Salem, NC 505 Tanners Park Ct, Winston Salem, NC 27101 \| Townhouse	3 beds \| 2 baths \| 1,748 sq.ft.	$369,000	Airbnb cash on cash: -1.55% Traditional cash on cash: 1.63% Airbnb Rental Income: $818 Traditional Rental Income: $1595 Airbnb ROI: -1.55% Traditional ROI: 1.63%
1717 Granby Heights Dr Winston Salem, NC 1717 Granby Heights Dr, Winston Salem, NC 27103 \| Townhouse	2 beds \| 2 baths \| 1,250 sq.ft.	$260,000	Airbnb cash on cash: -1.34% Traditional cash on cash: 2.99% Airbnb Rental Income: $718 Traditional Rental Income: $1471 Airbnb ROI: -1.34% Traditional ROI: 2.99%
3560 Old Grist Ct Winston Salem, NC 3560 Old Grist Ct, Winston Salem, NC 27103 \| Townhouse	2 beds \| 2 baths \| 1,855 sq.ft.	$420,000	Airbnb cash on cash: -1.96% Traditional cash on cash: 1.25% Airbnb Rental Income: $718 Traditional Rental Income: $1675 Airbnb ROI: -1.96% Traditional ROI: 1.25%
3131 Burke Mill Ct Winston Salem, NC 3131 Burke Mill Ct, Winston Salem, NC 27103 \| Townhouse	2 beds \| 2 baths \| 1,510 sq.ft.	$214,000	Airbnb cash on cash: -1.3% Traditional cash on cash: 2.99% Airbnb Rental Income: $718 Traditional Rental Income: $1281 Airbnb ROI: -1.3% Traditional ROI: 2.99%
1723 Granby Heights Rd Winston Salem, NC 1723 Granby Heights Rd, Winston Salem, NC 27103 \| Townhouse	2 beds \| 2 baths \| 1,276 sq.ft.	$259,999	Airbnb cash on cash: -1.34% Traditional cash on cash: 3% Airbnb Rental Income: $718 Traditional Rental Income: $1474 Airbnb ROI: -1.34% Traditional ROI: 3%

Your search for investment property begins and ends here

Townhouses for Sale in Winston Salem, NC

3464 Waterwheel Cir

Winston Salem, NC

2 beds | 2 baths | 1,594 sq.ft.

$404,900

Airbnb cash on cash: -1.74%

Traditional cash on cash: 1.48%

Airbnb Rental Income: $718

Traditional Rental Income: $1630

Airbnb ROI: -1.74%

Traditional ROI: 1.48%

1773 Grand Silo Way

Winston Salem, NC

2 beds | 2 baths | 1,444 sq.ft.

$199,900

Airbnb cash on cash: -1.32%

Traditional cash on cash: 4.21%

Airbnb Rental Income: $718

Traditional Rental Income: $1460

Airbnb ROI: -1.32%

Traditional ROI: 4.21%

3419 Waterwheel Cir

Winston Salem, NC

3 beds | 3 baths | 2,399 sq.ft.

$550,000

Airbnb cash on cash: -1.45%

Traditional cash on cash: 2.15%

Airbnb Rental Income: $818

Traditional Rental Income: $2338

Airbnb ROI: -1.45%

Traditional ROI: 2.15%

825 Poplar St S

Winston Salem, NC

2 beds | 2 baths | 1,512 sq.ft.

$409,000

Airbnb cash on cash: -1.59%

Traditional cash on cash: 1.12%

Airbnb Rental Income: $718

Traditional Rental Income: $1448

Airbnb ROI: -1.59%

Traditional ROI: 1.12%

3949 Valley Ct #C

Winston Salem, NC

2 beds | 1 baths | 1,240 sq.ft.

$179,900

Airbnb cash on cash: -0.74%

Traditional cash on cash: 3.76%

Airbnb Rental Income: $718

Traditional Rental Income: $1179

Airbnb ROI: -0.74%

Traditional ROI: 3.76%

1602 Preston Woods Dr

Winston Salem, NC

2 beds | 2 baths | 1,173 sq.ft.

$260,000

Airbnb cash on cash: -0.85%

Traditional cash on cash: 4.51%

Airbnb Rental Income: $718

Traditional Rental Income: $1724

Airbnb ROI: -0.85%

Traditional ROI: 4.51%

300 Castellum Sq

Winston Salem, NC

3 beds | 3 baths | 2,259 sq.ft.

$399,000

Airbnb cash on cash: -0.9%

Traditional cash on cash: 4.11%

Airbnb Rental Income: $818

Traditional Rental Income: $2370

Airbnb ROI: -0.9%

Traditional ROI: 4.11%

656 Rock Garden Cir

Winston Salem, NC

2 beds | 1 baths | 974 sq.ft.

$210,000

Airbnb cash on cash: -0.62%

Traditional cash on cash: 4%

Airbnb Rental Income: $718

Traditional Rental Income: $1329

Airbnb ROI: -0.62%