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Multifamily Property in Parsons, WV
For Sale
$150,000

305 Third Street, Parsons, WV 26287

Multi-Unit/Income, Two Story, Parsons, WV

Property Size2,314 SF
Price / SF$64.82
Days on Market137

Property Features for 305 Third Street

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking features Off Street
Interior features Electric Stove Connection, Washer Connection, Electric Dryer Connection
Exterior features Storage Shed/Out Bldg
Fencing Chain Link
Appliances Range, Refrigerator
Lot features Level
View City
Elementary school Tucker Valley Elementary
Middle school Tucker Valley Middle
High school Tucker County High
Elementary school district Tucker
Middle school district Tucker
High school district Tucker
Directions From the intersection of Chestnut and Main Streets in Parsons, travel one block on Main street, turn right onto Third Street, property on left, sign in place.
Subdivision Tucker County/Other
Standard status Active
Size 2,314 SF

Taxes and HOA fees

Tax Year 2024
Tax Description E PT 87 Third Street
Tax Annual Amount 895
Legal Description E PT 87 Third Street

Utilities

Heating system Baseboard, Other (Heating), Electric (Heating), Natural Gas
Cooling system Ceiling Fan(s)

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Flooring type Laminate, Wood, Vinyl
Building materials Frame
Roof type Shingle
Architectural style Other
Additional Structures Storage
Listing Agency: STEVENS' REALTY & MANAGEMENT
Listed By: TODD RHODES · License #WVS210301796
Added: Apr 7 Changed: Aug 19 Last Checked: Aug 21 at 3:06PM
MLS# 10161819

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 multifamily property is located in Parsons, West Virginia, and offers convenient access to nearby businesses and amenities. The property, with a size of 2314 square feet, can be utilized as a rental property, a residence, or a combination of both. Please note that the property is situated within a flood plain. Due to tenant occupancy, appointments are required for viewing.

Key Highlights

  • Versatile Use: Suitable as a rental property, a residence, or both.
  • Convenient Location: Close proximity to businesses and amenities in Parsons.
  • Appliances Included: Comes with a range and refrigerator.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Big Box & Wholesale Store Nail Salon Grocery & Convenience Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

302
Businesses Nearby

Demographics for 26287, WV

2,924
Population
1,472
Households
2
Avg Household Size
48
Median Age
18%
College-Educated
89%
High-School Grad
148.7 sq mi
ZIP Area
20
Density / Sq Mi
$52,660
Median Household Income
$35,642
Median Earnings
$725
Median Rent
$125,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Multifamily property suitable for rental or residence near city amenities.
Where is this duplex located?
The property is located at 305 Third Street Parsons, WV.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Versatile Use: Suitable as a rental property, a residence, or both.; Convenient Location: Close proximity to businesses and amenities in Parsons.; Appliances Included: Comes with a range and refrigerator.
More about this property
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