Two-Dwelling Duplex
For Sale
$169,900
Pending
1314 & 1314-1/2 Chestnut Street, South Charleston, WV 25309
ResidentialIncome, South Charleston, WV
Property Size1,951 SF
Lot Size0.24 Acres
Days on Market30
Property Features for 1314 & 1314-1/2 Chestnut Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Full bathrooms
3
Rooms
Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 3, Bedroom 5
Elementary school
Bridgeview
Middle school
S. Charleston
High school
S. Charleston
Directions
MacCorckle Ave to Chestnut St. Travel apprx 2 miles. Property on the left.
Subdivision
South Charleston
Standard status
Pending
APN
16-0017-0046-0002-0000
Size
1,951 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Description
RR LT 63X109 TRACE FK DAVIS CK
Tax Annual Amount
1095
Legal Description
RR LT 63X109 TRACE FK DAVIS CK
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating), Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Carpet
Building materials
VinylSiding
Roof type
Metal
Architectural style
Other
Listing Agency:
Old Colony
(304) 344-2581
Listed By:
Holly Hall · License #220302337
(304) 444-5147
Added: Sep 7
Changed: Sep 15
Last Checked: Oct 6 at 10:06AM
MLS# 285302
Copyright © 2026 Kanawha Valley Board of Realtors. 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 property includes two separate residences totaling 1,951 square feet. One is a 2015 manufactured home with three bedrooms and two bathrooms; the second provides two bedrooms and one bathroom. The homes feature vinyl siding, metal roofing, carpet and vinyl flooring, central air, electric heating, forced-air heat, public water, and a septic tank system.
The 0.24-acre parcel is enclosed by fencing and includes an outbuilding along with gravel parking. Located outside the city limits near South Charleston amenities, the property has recently been used for short-term rentals. Its two-home configuration supports a range of residential income or owner-occupant arrangements without combining the dwellings into a single residence.
The 0.24-acre parcel is enclosed by fencing and includes an outbuilding along with gravel parking. Located outside the city limits near South Charleston amenities, the property has recently been used for short-term rentals. Its two-home configuration supports a range of residential income or owner-occupant arrangements without combining the dwellings into a single residence.
Key Highlights
- Two dwellings on one 0.24‑acre parcel
- 2015 manufactured home with 3BR/2BA layout
- Second residence includes 2BR/1BA
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,345
Cap Rate
7.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$266,900
$266.9K
Cap Rate 7%
$190,643
$190.6K
Cap Rate 9%
$148,278
$148.3K
Market Conditions
NOI Build-Up for 1,951 SF
Gross rent
$19.9K $10.20/SF
− Vacancy
−$836 −$0.43/SF
EGI
$19.1K $9.77/SF
− OpEx
−$5.7K −$2.93/SF
NOI
$13.3K $6.84/SF
Area
Kanawha County, WV
Vacancy
4.20%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$266,900
Cap Rate 7%
$190,643
Cap Rate 9%
$148,278
Alternative Uses
Best Use
Multifamily LT 5
$190.6K
$166.8K – $222.4K
NOI $13,345 @ 7.0% cap · market cap 7.85%
Second Best
Apartment 5plus
$179.7K
$157.3K – $209.7K
NOI $12,580 @ 7.0% cap · market cap 7.40%
Theoretical Best
Office A
$430.2K
$376.5K – $502.0K
NOI $30,117 @ 7.0% cap · market cap 17.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
Demographics for 25309, WV
13,146
Population
5,867
Households
2.2
Avg Household Size
44
Median Age
26%
College-Educated
92%
High-School Grad
31.1 sq mi
ZIP Area
423
Density / Sq Mi
$52,920
Median Household Income
$40,732
Median Earnings
$767
Median Rent
$142,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate homes share a fenced parcel with an outbuilding and gravel parking outside city limits.
Where is this duplex located?
The property is located at 1314 & 1314-1/2 Chestnut Street South Charleston, WV.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Two dwellings on one 0.24‑acre parcel; 2015 manufactured home with 3BR/2BA layout; Second residence includes 2BR/1BA
