Apartment Building

Spencer, WV Apartment Buildings for Sale

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Arnoldsburg, WV Creston, WV Reedy, WV
Mixed-Use Apartment & Motel Property
Updated: Feb 19
Mixed-Use Apartment & Motel Property

1158 Ripley Road, Spencer, WV 25276

$239,900
4.40 AC lot
Income potential from monthly tenants and VRBO rentals.
High‑traffic location on US 33.
Low vacancy rates due to lack of motels in the county.
Two‑thirds of the buildings have been freshly remodeled.
Guest laundry provides an additional income stream.
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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, WV, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Charleston Townhomes: Investment Opportunity
Charleston Townhomes: Investment Opportunity

501 Thompson Street, Charleston, WV 25301

$399,900
8,000 sqft

Six townhomes in Charleston, WV, generating $5475 monthly income.

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Income-Producing Apartment Complex For Sale
Income-Producing Apartment Complex For Sale

706 Gladstone Street, Parkersburg, WV 26101

$725,000

Six-unit apartment complex with expansion potential in Parkersburg, WV.

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Thriving Aquarium and Pet Store
Thriving Aquarium and Pet Store

2006 Camden Avenue, Parkersburg, WV 26101

$1,250,000
0.35 AC lot

Established aquarium/pet store with rental income in Parkersburg, WV.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

1103-1107 West Washington Street W, Charleston, WV 25302

$150,000

Mixed-use property featuring apartments and commercial units.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900
1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Off-Market Properties in Spencer, WV

Consider similar Off-Market properties in Spencer, WV. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Us R 119
GARDEN APT, COURT APT (5+ UNITS)

Us R 119, Spencer, WV 25276

Value Estimation by Request
17,624 sqft · 2.10 AC lot
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Chapman Ave
GARDEN APT, COURT APT (5+ UNITS)

Chapman Ave, Spencer, WV 25276

Value Estimation by Request
3,824 sqft · 0.23 AC lot
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Ripley Rd
GARDEN APT, COURT APT (5+ UNITS)

Ripley Rd, Spencer, WV 25276

Value Estimation by Request
5,534 sqft · 1.60 AC lot
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Parkersburg Rd
GARDEN APT, COURT APT (5+ UNITS)

Parkersburg Rd, Spencer, WV 25276

Value Estimation by Request
4,992 sqft · 1.82 AC lot
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Parkersburg Rd
GARDEN APT, COURT APT (5+ UNITS)

Parkersburg Rd, Spencer, WV 25276

Value Estimation by Request
5,440 sqft · 5.00 AC lot
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259 Main St
GARDEN APT, COURT APT (5+ UNITS)

259 Main St, Spencer, WV 25276

Value Estimation by Request
3,200 sqft · 0.08 AC lot
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Church St
GARDEN APT, COURT APT (5+ UNITS)

Church St, Spencer, WV 25276

$575,000
Estimated value
21,880 sqft · 0.08 AC lot
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321 Church St
GARDEN APT, COURT APT (5+ UNITS)

321 Church St, Spencer, WV 25276-1841

Value Estimation by Request
2,520 sqft · 0.04 AC lot
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Spg Rd Crk
GARDEN APT, COURT APT (5+ UNITS)

Spg Rd Crk, Spencer, WV 25276

Value Estimation by Request
1.84 AC lot
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Ripley Pike
GARDEN APT, COURT APT (5+ UNITS)

Ripley Pike, Spencer, WV 25276

Value Estimation by Request
3,565 sqft · 1.00 AC lot
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Spencer, WV Apartment Buildings Market Trends and Statistics

Explore 11 apartment buildings for sale in Spencer, WV on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $239,900.

Sale prices for two-family homes in Spencer, WV start at $239,900, averaging $239,900, and reaching up to $239,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 7,355
Population Growth (5Y) -5.9%
Median Household Income $38,750
College Educated 21.8%

Taxes & Financing

Tax Rate (average for all types) 2.12%
Property Tax per SF $23.84 per SF
Tax Rate vs County Average 0.05 pp above county avg
Average Loan-to-Value 65.0%

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