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.
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.
Reduced for quick sale! Come see if before its gone! 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!
This property is being co-brokered with Black Diamond Realty. Please contact the listing agent for showing instructions, additional property information, and questions regarding offers.
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.
