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Westover Multi-Unit Rental Property

22 W Main Street Westover, WV 26501

22 W Main Street, Westover, WV, 26501
$250,000
For Sale
Claim this Listing
$250,000

MULTI_FAMILY - Westover, WV

Property Size3,000 SF
Lot Size0.21 Acres
Price / SF$83.33
AddedMay 19
Days on Market58
Last RefreshJul 15 at 12:06 pm

Property Features for 22 W Main Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Neighborhood Residential
Bedrooms
5
Bathrooms
4
Rooms
Bathroom 3, Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 2, Bedroom 2, Basement, Bathroom 1, Bathroom 4, Bedroom 4
Parking features
Off Street
Patio and Porch features
Porch
Interior features
Gas Stove Connection, Electric Stove Connection, Washer Connection
Exterior features
Porch, Double Thermo Windows, Private Yard
Fencing
Privacy
Appliances
Range, Refrigerator, Washer, Dryer
Standard status
Active
Size
3,000 SF
Lot size
0.21 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
Lot 39, PT 40 22 West Main
Tax Annual Amount
1471

Utilities

Heating system
Natural Gas, Other (Heating)

Building Details

Year built
1910
Floors in Building
3
Number of units
3
Flooring type
Carpet - Full, Vinyl, Tile, Wood
Building materials
Frame, Wood
Roof type
Shingle
Architectural style
Victorian

Listing agent BONNIE ARMSTRONG

Listing office CENTURY 21 AT YOUR SERVICE 805 Don Knotts Blvd., Morgantown, WV

Listing date May 19, 2026

MLS# 10163631 Listing URL

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 three-unit rental property is located in Westover, WV. The property is zoned as Neighborhood Residential. The lot size is 0.2066 acres. The building has a total area of 3000 square feet. Currently, two of the three units are rented. Unit #2 will be cleaned out at closing. All utilities are paid by the owner.

Key Highlights

  • Three‑unit rental property with existing rental income.
  • Includes appliances: Range, Refrigerator, Washer, and Dryer.
  • Features a private yard and porch.

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 $27.0k $9.00
− Vacancy −$462 −$0.15
EGI $26.5k $8.85
− OpEx −$8.0k −$2.65
NOI $18.6k $6.19
3,000 SF · lease $9.00/SF/yr · vacancy 1.71% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$265.4K
$232.2K – $309.6K (±1% cap)
NOI $18,577 @ 7.0% cap · market cap 7.43%
Second Best
Apartment 5plus
$244.4K
$213.9K – $285.2K (±1% cap)
NOI $17,110 @ 7.0% cap · market cap 6.84%
Theoretical Best
Office A
$864.9K
$756.8K – $1.01M (±1% cap)
NOI $60,540 @ 7.0% cap · market cap 24.22%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

FAQs

What type of property is this?
Triplex - Three-unit rental property in Westover, WV. Two units rented.
Where is this triplex located?
The property is located at 22 W Main Street Westover, WV.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Three‑unit rental property with existing rental income.; Includes appliances: Range, Refrigerator, Washer, and Dryer.; Features a private yard and porch.
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