213 McLane Avenue, Morgantown, WV 26505
MULTI_FAMILY - Morgantown, WV
- Added:
- Jun 26, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 26 at 11:06 pm
Property Features for 213 McLane Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Single Family Residential
- Bedrooms
- 9
- Bathrooms
- 5
- Rooms
- Bedroom 9, Bathroom 5, Bedroom 8, Bedroom 6, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 7, Basement, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 1, Bathroom 3, Bedroom 5
- Parking features
- Carport, Off Street
- Patio and Porch features
- Porch
- Exterior features
- Porch
- Appliances
- Range, Refrigerator
- Standard status
- Active
- Size
- 3,583 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BL 7 Lot 7 213 McLane Avenue
- Tax Annual Amount
- 4085
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1916
- Floors in Building
- 4
- Number of units
- 3
- Flooring type
- Carpet - Full, Vinyl
- Building materials
- Brick
- Roof type
- Rubber, Shingle
Listing agent TRAVIS DOAK License #WVS200301267 (304) 216-2203
Listing office HOWARD HANNA PREMIER PROPERTIES BY BARBARA ALEXANDER, LLC 2800 Cranberry Square, Morgantown, WV (304) 594-0115
Listing date Jun 26, 2026
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.
HighLights
- Multi‑unit investment property built in 1916
- Three units with a total of nine bedrooms and multiple bathrooms
- Brick exterior with a porch
- Natural gas forced‑air heating and window A/C units
- Carpet and vinyl flooring
- Appliances include a range and refrigerator; parking with carport and off‑street spaces
Overview
The property is located at 213 McLane Avenue in Morgantown, West Virginia, in Monongalia County. The zoning is listed as Single Family Residential, and the seller’s remarks note proximity to WVU’s Downtown Campus.
With three units already in place, the layout supports multiple income streams while keeping the building configuration consistent as a small multifamily asset. Prospective buyers can evaluate the current condition and determine whether to renovate and reposition the units, or continue operating them as a residential income property under the existing multi-unit structure.
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 | $32.2k | $9.00 |
| − Vacancy | −$551 | −$0.15 |
| EGI | $31.7k | $8.85 |
| − OpEx | −$9.5k | −$2.65 |
| NOI | $22.2k | $6.19 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Morgantown
- County
- Monongalia
- State
- West Virginia
- Longitude
- -79.957349
- Latitude
- 39.638718
