Multi-unit investment property located near WVU's Downtown Campus. Featuring three units with a total of nine bedrooms, this property offers strong rental potential in a highly desirable location. Whether you're looking to renovate, or expand your rental portfolio, this property provides an excellent opportunity with a strong rental history. Schedule your showing today!
Excellent investment opportunity in the heart of Morgantown! This income-producing five-unit multifamily property offers a versatile unit mix with separate electric service for each apartment, making utility management convenient for ownership. The property consists of: Unit A: Studio apartment featuring a WI closet, built-in kitchen table, wood cabinetry, gas range, refrigerator, shower stall, and main-level access. Unit B: Two-bedroom, one-bath apartment with wood kitchen cabinetry, gas range, refrigerator, shower stall, and main-level access. Unit C: One-bedroom, one-bath apartment with a shower stall, gas range, refrigerator, and private side entrance. Unit D: One-bedroom, one-bath apartment located on the upper level featuring a tub/shower combination, gas range, and refrigerator. Unit E: One-bedroom, one-bath apartment located at the rear of the building with updated white kitchen cabinetry, shower stall, gas range, and refrigerator. Each apartment is separately metered for electricity, while natural gas and water are serviced through shared meters. Current market rents are approximately $950 per month for the studio and one-bedroom units and approximately $1,100 per month for the two-bedroom unit, offering strong income potential. Conveniently located just minutes from downtown Morgantown, this property provides easy access to major employers, shopping, dining, entertainment, public transportation, and the West Virginia University campus. Whether you’re expanding your investment portfolio or purchasing your first multifamily property, this is an opportunity worth exploring.
Exceptional income-producing multifamily investment opportunity just steps from downtown and campus! This well-maintained property offers four separate rental units with private entrances, providing flexibility for investors and strong appeal for student housing. Featuring a total of 9 bedrooms, 5 bathrooms, approximately 2,988 square feet of living space, and built in 1925, this property combines historic character with modern updates. Currently, 3 of the 4 units are leased, providing immediate rental income with additional upside potential. The shared basement includes washer and dryer facilities for tenant convenience. The four-bedroom unit has been updated with a new kitchen, including a dishwasher and stove, along with new bathroom flooring and toilet. Recent exterior improvements include a brand-new sidewalk and new concrete steps leading to the inviting front porch. Each unit features spacious porches, offering attractive outdoor living space for tenants. With its prime location to campus, proximity to downtown amenities, established rental history, and student housing demand, this property presents an outstanding opportunity for investors seeking consistent cash flow and long-term appreciation.
Exceptional income-producing multifamily investment opportunity just steps from downtown and campus! This well-maintained property offers four separate rental units with private entrances, providing flexibility for investors and strong appeal for student housing. Featuring a total of 8 bedrooms, 5 bathrooms, approximately 2,983 square feet of living space, and built in 1925, this property combines historic character with modern updates. Currently, 3 of the 4 units are leased, providing immediate rental income with additional upside potential. The shared basement includes washer and dryer facilities for tenant convenience. There is a large parking area to the left of the house allowing 3-6 parking spaces and a large grassy backyard providing desirable outdoor space for tenants. Ideally located just minutes from downtown, WVU campus, the Mountainlair, B&E Building, and Woodburn Circle, this property is perfectly positioned to attract students and professionals alike. Whether you’re an investor seeking strong rental income or a future WVU student looking for a smart housing solution, this property offers a unique opportunity. Why pay rent when you can own, live in one unit, and generate additional income from the others while attending WVU? With established rental demand, a prime location, and immediate income potential, this is an opportunity you won’t want to miss.
LEASED, FULLY RENOVATED PROPERTY (Completed in 2024) FOR SALE! Prime investment opportunity located just one block from the WVU Downtown Campus! 289 Wiles Street is a beautifully renovated 5-bedroom, 3.5-bath property offering immediate cash flow with a lease already in place through May 20, 2027. Currently generating $3,435/month in rental income, with the owner providing a $500 monthly utility allowance and tenants responsible for any overages. This spacious home has undergone extensive updates, including new siding, new roof, central air installation, updated kitchen and baths, and all-new LVP flooring throughout. The flexible layout offers excellent rental appeal, including a private third-floor suite with its own full bath and a dedicated washer/dryer. An additional washer and dryer are conveniently located on the main level, near the living room and large eat-in kitchen. Enjoy outdoor space from the welcoming front porch, along with convenient street parking. Ideal for investors seeking a turn-key income-producing property or for parents looking to purchase for their WVU student in a high-demand rental location near WVU, restaurants, shopping, and downtown amenities. Tenants need a 24-hour notice for showings.
Fully rented investment property conveniently located in the heart of Morgantown near the WVU campus with off street parking for 7 vehicles. *See agent remarks*
Conveniently located triplex near WVU's downtown campus offers ample off street parking, common laundry, and a detached 38x32 two story garage. Don't miss out on the chance to add this income producing property to your investment portfolio! *See agent remarks*
Great Investment Property - 2 units. Fully Leased through 2027. Parking at the property for 2+ cars in a gravel parking lot. Both units have electric baseboard heat, window ac units, ceiling fans, refrigerator, range, washer and dryer, and tenants pay all utilities. Near WVU downtown campus. Short drive to hospitals and medical center. Short distance to football stadium. On public transit route. *Unit A monthly rate $800 - tenant pays utilities. Lease valid through 7/22/2027. *Unit B monthly rate $650 now through 7/24/2026. New tenant moving in 8/5/26 at monthly rate of $700 - tenant pays utilities. Property has updated LOC valid through 1/11/2029 through the city of Morgantown.
Opportunity meets location in this beautifully updated duplex nestled in Morgantown’s historic Woodburn neighborhood! Just minutes from WVU, downtown, shopping, dining, and local hospitals, this versatile property offers strong investment potential or the ideal owner-occupant setup. Each spacious unit features 2 bedrooms and 1 full baths, remodeled kitchens and bathrooms with modern finishes, private in-unit laundry, and inviting outdoor living spaces on their own private porches. A newly constructed deck adds even more appeal for relaxing or entertaining outdoors. One unit is currently rented, providing immediate income, while the second unit is vacant and ready for tenants of your choice—or perfect for owner occupancy. Whether you’re looking to expand your investment portfolio, offset your mortgage with rental income, or secure housing in a prime location near WVU, this property offers flexibility, updates, and charm in one of Morgantown’s most established neighborhoods.
TWO INCOME-PRODUCING PROPERTIES NEAR WVU – TURNKEY INVESTMENT OPPORTUNITY Positioned just 0.5 miles from West Virginia University Downtown Campus and the WVU Mountainlair, this rare dual-property package offers immediate cash flow in one of Morgantown’s most desirable rental locations. Perfect for investors seeking consistent income, the offering includes 1024 Cayton Street, a 2-bedroom, 2-bath home leased through May 20, 2027 at $1,200 per month, and 1048 College Avenue, a neighboring 2-bedroom, 1-bath home also leased through May 20, 2027 at $800 per month. With both properties, tenants are responsible for all utilities and lawn care, making them a low-maintenance investment for the owner. Together, the properties generate $2,000 in monthly rental income and boast a strong rental history with long-term leases already in place. Located side-by-side for simplified management and scalability, this package is ideal for student housing or portfolio expansion. Opportunities like this—two adjacent, fully leased properties in close proximity to WVU—are increasingly rare, making this a true turnkey investment with immediate and reliable returns. - Tenants need a minimum of 24hr notice for showings-
Prime Investment Opportunity in Downtown Morgantown! This spacious 5-bedroom, 2.5-bath home is ideally located in the heart of downtown Morgantown, just minutes from WVU campus, making it a highly desirable rental property for Investors or Parents looking for a place for their WVU Student to live. The property features a covered front porch, perfect for relaxing, a large living room ideal for gathering, and a fully equipped kitchen with dishwasher, along with the convenience of an in-unit washer and dryer. All five bedrooms are generously sized, providing comfortable living for tenants. A rare find for this area, the property includes five off-street parking spaces, adding tremendous value and appeal for renters. Currently leased at $3,000/month, with tenants responsible for all utilities, offering strong and consistent cash flow. The lease is secured through May 2026. Don’t miss your chance to own a well-performing rental in one of Morgantown’s most sought-after locations!
Excellent investment opportunity in the heart of Morgantown! This well-maintained multi-building property includes a 5-unit apartment building at 465 Wilson Avenue and a separate 2-unit building at 462 Winsley Street, offering a total of 7 income-producing units. Stabilized asset with clear, supportable income profile. Strong in place operations with tenant paid utilities across the majority of the units. Priced to market to facilitate a straightforward transaction. Ideally located minutes to downtown Morgantown, tenants enjoy convenient access to the rail trail, shopping, dining, and local attractions. The property also features a dedicated off-street parking lot with 14 spaces—an in-demand amenity in this area. With reliable occupancy, desirable location, and ease of rental, this property is perfect for investors looking to expand their portfolio with a reliable, cash-flowing asset.
High-Yield Investment Opportunity: Multi-Unit Compound with Unrestricted Zoning Unlock Maximum ROI on 1.59 Unrestricted Acres Positioned in a high-growth corridor, this rare 1.59-acre asset offers a unique income stream potential with no zoning restrictions, perfect for a residential compound, commercial hub, or short/long-term rental portfolio. The Assets include Primary Residence (Value-Add Potential): A spacious 3BD/2BA home featuring high-end granite and custom stone masonry. Investor Bonus: The massive recreation wing has its own entrance and is equipped with existing kitchen and bath, allowing for a minimum amount of effort to convert into a third independent living suite or professional office. Secondary ADU (Income Ready): A modern 1BD + Loft unit with vaulted ceiling and independent laundry. PERFECT FOR LONG-TERM LEASING OR HIGH-DEMAND TRAVEL NURSING/STUDENT HOUSING GIVEN THE PROXIMITY TO WVU. Fleet-Grade Infrastructure: The gravel lot provides ample parking for heavy equipment or commercial fleets, catering to home-based businesses or multiple tenant logistics. Strategic Location & Future Appreciation: 7 Minutes to WVU: CAPTURES THE MASSIVE UNIVERSITY RENTAL/PROFESSIONAL MARKET. Proximity: 10 mins to Mall Rd retail and 15 mins to the airport. Infrastructure Growth: Ideally situated to benefit from the Harmony Grove Interchange (Phase 2). The upcoming River Road exit will significantly increase accessibility and potentially the property valuation. Development & Scale: LOCATED OUTSIDE CITY LIMITS WITH ZERO ZONING RESTRICTIONS, THE FLEXIBILITY FOR MIXED-USE DEVELOPMENT IS UNPARALLELED. FOR INVESTORS SEEKING A LARGER FOOTPRINT, THE ADJACENT PARCEL IS ALSO AVAILABLE, OFFERING A RARE ASSEMBLY OPPORTUNITY FOR A LARGER COMMERCIAL OR RESIDENTIAL PROJECT. Capitalize on this versatile asset before the new interchange is completed. Contact us for a pro-forma discussion or private tour.
Seize this exceptional investment opportunity with a fully leased multi-unit property ideally located just minutes from downtown. This building features three spacious units, each offering convenient amenities and appliances, ensuring high tenant satisfaction and retention. Boasting a proven rental history and strong market demand, the property delivers reliable, consistent income—making it a smart addition to any real estate portfolio. Its prime location offers convenient access to public transportation, shopping, dining, and nearby parks, enhancing its attractiveness to quality tenants. Whether you're expanding your holdings or securing a income-producing asset, this turn-key property offers immediate cash flow and long-term growth potential. Don’t miss this opportunity to invest in dependable returns and lasting value. Seller needs 24-Hour Notice for showings.
3 STORY, 3 UNIT RENTAL with all utilities separated in downtown Morgantown. Common laundry Room for all units on 1st floor.
Great investment opportunity near WVU downtown campus featuring two - 2 bedroom units.
High-Yield Tri-Unit on University Avenue: Maximize your portfolio with this versatile, income-generating commercial property perfectly positioned for high visibility in Morgantown. This tri-unit building offers an incredible mix of established retail, a high-demand specialty tenant, and massive value-add potential in the lower level. Unit 1: The Superette Currently under a lease at $2,573.43/month. This 1,271 sq. ft. space (31' x 41') provides a consistent anchor for the building’s cash flow. Unit 2: The Dispensary A premier 1,353 sq. ft. retail space (33' x 41') currently leased at $5,536.50/month. This lease features a strategic "future-proof" clause: should recreational cannabis be legalized, the rent automatically adjusts to $8,000.00/month, offering a massive built-in boost to your ROI. Unit 3: The Entertainment Potential (Lower Level) The 1,287 sq. ft. dry, unfinished basement is a blank canvas ready for a bar, arcade, or lounge. Equipped with its own 200-amp service and existing plumbing for a kitchen and bathroom, it is primed for development. Lease Option: The owner is also open to leasing the basement separately for $1,200/month plus pro-rata taxes and insurance—perfect for a startup or satellite location. Whether you are looking for a turnkey investment with guaranteed appreciation or a multi-use space in the heart of the action, this property is a rare find. Schedule your private tour today to see the numbers for yourself!
Prime Mixed-Use Investment Opportunity! This fully leased property features three commercial storefronts and six residential apartments, making it a strong income-producing asset. Each Apartment is separately metered and equipped with in-unit washer/dryer, central heating and air, and access to a well-maintained & recently inspected fire alarm & Sprinkler system. Recent capital improvements include Newer roofs, and upgraded ACs in some units ensuring long-term stability. The owner is open to seller financing down payment for well-qualified buyers and is also willing to sell & package the adjacent building at 201 Walnut St for a discounted rate—presenting a rare opportunity to expand your downtown portfolio.
Morgantown is located in West Virginia. Morgantown, West Virginia has a population of 29,316. Morgantown is less family-centric than the surrounding county with 22.29% of the households containing married families with children. The county average for households married with children is 32.08%.
The median household income in Morgantown, West Virginia is $36,991. The median household income for the surrounding county is $56,466 compared to the national median of $69,021. The median age of people living in Morgantown is 24.4 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 21.8 degrees. The average rainfall is approximately 42.7 inches per year, with 27.5 inches of snow per year.
