Duplex with Two Two-Bedroom
112 Cornell Avenue Morgantown, WV 26505
112 Cornell Avenue, Morgantown, WV, 26505
$169,500
For Sale
$169,500
MULTI_FAMILY - Morgantown, WV
Property Size1,916 SF
Price / SF$88.47
Days on Market34
Property Features for 112 Cornell Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multiple Family Residence
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Basement, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 2
- Patio and Porch features
- Porch, Patio
- Exterior features
- Porch, Patio
- Standard status
- Active
- Size
- 1,916 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BL A, LOTS 4,5; 112 CORNELL AVE
- Tax Annual Amount
- 2346
Utilities
- Heating system
- Electric (Heating), Forced Air, Natural Gas, Central, Baseboard
Building Details
- Year built
- 1921
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Carpet - Full, Laminate
- Building materials
- Frame, Block
- Roof type
- Shingle
- Architectural style
- Other
Listing agency
REAL BROKER, LLC
(304) 282-1184
Listed by
AARON MARKO · License #WVS180300513
(304) 685-4434
Added: Jun 19 Checked: Jul 22 at 6:06AM
MLS# 10163091
Copyright © 2026 North Central West Virginia Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex offers two separate two-bedroom residential units. The property size is 1,916 square feet and is listed as a multifamily residential income property. It is situated under Multiple Family Residence zoning.
The building is located at 112 Cornell Avenue in Morgantown, West Virginia, in Monongalia County. The listing remarks indicate it is near the WVU downtown campus.
For buyers seeking a small residential income asset, the duplex layout provides two independent units within one property. The two-bedroom configuration may appeal to tenants looking for additional space, while the multifamily zoning supports continued use as a residential duplex. Prospective purchasers can evaluate the existing unit setup and consider how it fits their ownership and management approach.
The building is located at 112 Cornell Avenue in Morgantown, West Virginia, in Monongalia County. The listing remarks indicate it is near the WVU downtown campus.
For buyers seeking a small residential income asset, the duplex layout provides two independent units within one property. The two-bedroom configuration may appeal to tenants looking for additional space, while the multifamily zoning supports continued use as a residential duplex. Prospective purchasers can evaluate the existing unit setup and consider how it fits their ownership and management approach.
Key Highlights
- Year built 1921 frame and block construction
- Two 2‑bedroom units near WVU downtown campus
- Central heating plus forced air and electric heating options
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.2k | $9.00 |
| − Vacancy | −$295 | −$0.15 |
| EGI | $16.9k | $8.85 |
| − OpEx | −$5.1k | −$2.65 |
| NOI | $11.9k | $6.19 |
1,916 SF · lease $9.00/SF/yr · vacancy 1.71% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$169.5K
$148.3K – $197.7K
NOI $11,864 @ 7.0% cap · market cap 7.00%
Second Best
Apartment 5plus
$156.1K
$136.6K – $182.1K
NOI $10,928 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$552.4K
$483.3K – $644.4K
NOI $38,665 @ 7.0% cap · market cap 22.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two separate two-bedroom units provide a straightforward residential income setup in Morgantown.
Where is this duplex located?
The property is located at 112 Cornell Avenue Morgantown, WV.
What is the asking price?
The asking price for this property is $169,500.
What are key features of this property?
This property features: Year built 1921 frame and block construction; Two 2‑bedroom units near WVU downtown campus; Central heating plus forced air and electric heating options
