Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Moundsville Multifamily Investment Opportunity Title is generated by Realmo AI

    163 Oak Avenue, Moundsville, WV 26041

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $139,900

    MULTI_FAMILY - Moundsville, WV

    Property size:
    1,500 SF
    Lot size:
    0.10 Acres
    Price / SF:
    $93/SF
    Added:
    Apr 2, 2026
    Days on Market:
    50
    Last Refresh:
    May 21 at 9:06 pm

    Property Features for 163 Oak Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Size
    1,500 SF
    Lot size
    0.10 Acres

    Building Details

    Year built
    1948
    Floors in Building
    1

    We can help!

    Listing Contact
    Bob Hill

    Listing agent Bob Hill

    Listing office Citywide Realty 2066 National Road, Wheeling, WV

    Listing date Apr 2, 2026

    MLS# 144521 Listing URL

    Copyright © 2026 Wheeling 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.

    HighLights

    • Two single‑family homes on one parcel, offering immediate rental income potential.
    • Both homes are currently fully leased on an annual basis, ensuring consistent cash flow.
    • Updated kitchens and baths in both units enhance tenant appeal and reduce maintenance.
    • Tenants are responsible for utilities, minimizing landlord expenses.
    • French drains and sump pumps installed in basements mitigate water damage risks.
    • All appliances could convey with the sale, simplifying property management.

    Overview

    This parcel features two single-family homes, located at 163 Oak Ave and 163 Oak Ave Rear in Moundsville, WV. Each home includes 2 bedrooms and 1 bath. The properties are fully leased on an annual basis, with tenants responsible for utilities. The homes feature updated kitchens and baths. To manage water, French drains and sump pumps have been installed in the basements. All appliances could convey with the sale. The lot size is 0.1 acres, and the total property size is 1500 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Moundsville
    County
    Marshall
    State
    West Virginia
    Longitude
    -80.7344807
    Latitude
    39.9329098

    Nearby Similar for Sale

    • $575,000

      Moundsville Retail/Office Space For Sale

      10,000 SF retail/office space with parking near Moundsville Bridge.
      121 Jefferson Avenue, Moundsville, WV 26041
      View Details
    • $140,000

      Moundsville Commercial Property with Garages

      Commercial property with two garages on a highly traveled road.
      675 Waynesburg Pike Rd, Moundsville, WV 26041
      View Details
    • $129,000

      Moundsville Commercial Property For Sale

      Adaptable commercial space with potential for restaurant or other ventures.
      324 Jefferson Avenue, Moundsville, WV 26041
      View Details
    • $115,000

      Moundsville Retail Business Opportunity

      Retail business with equipment, ample parking, and conversion potential.
      629 Big Grave Creek Road, Moundsville, WV 26041
      View Details
    • $1,083,000
      1,550 SF

      New Construction Ground Lease Opportunity

      New construction absolute net ground lease with experienced operator.
      200 Lafayette Avenue, Moundsville, WV, USA, Moundsville, WV 26041
      View Details

    FAQs

    What type of property is this?
    Duplex - Two single-family homes, fully leased, updated kitchens and baths.
    Where is this duplex located?
    The property is located at 163 Oak Avenue Moundsville, WV.
    What is the asking price?
    The asking price for this property is $139,900.
    What are key features of this property?
    This property features: Two single‑family homes on one parcel, offering immediate rental income potential.; Both homes are currently fully leased on an annual basis, ensuring consistent cash flow.; **Updated kitchens and baths in both units enhance tenant appeal and reduce maintenance.**
    (304) 281-3637
    We can help!
    Listing Contact
    Bob Hill
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    163 Oak Avenue, Moundsville, WV 26041
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!