Multi-Family Portfolio With Vacant
For Sale
$799,900
430 Porter Road, Charleston, WV 25314
ResidentialIncome, Charleston, WV
Property Size5,000 SF
Lot Size0.18 Acres
Price / SF$159.98
Days on Market84
Property Features for 430 Porter Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
10
Full bathrooms
5
Rooms
Bedroom 10, Bathroom 3, Bathroom 4, Bedroom 6, Bedroom 3, Bedroom 8, Bedroom 9, Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 5, Bedroom 7
Parking features
Off Street
Elementary school
Kanawha City
Middle school
Horace Mann
High school
Capital
Directions
From Charleston, follow MacCorkle Ave towards South Charleston, turn left onto Porter Road, go about 1/2 a mile, property will be on the right
Subdivision
Charleston- Kanawha City
Standard status
Active
APN
14-0003-0054-0000-0000
Size
5,000 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Description
1/6A M OR L PORTERS HOLLOW PORTER ROAD 430 SOLD TO STATE 2018
Tax Annual Amount
6100
Legal Description
1/6A M OR L PORTERS HOLLOW PORTER ROAD 430 SOLD TO STATE 2018
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Heat Pump (Heating), Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Number of units
5
Flooring type
Hardwood, Vinyl
Building materials
Block, Frame
Roof type
Shingle, Composition
Listing Agency:
Better Homes and Gardens Real Estate Central
(304) 201-7653
Listed By:
Cody Carver · License #190300663
(304) 533-6927
Added: Jul 15
Changed: Sep 12
Last Checked: Oct 6 at 12:06PM
MLS# 284503
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 for-sale portfolio consists of five income-producing single-family homes and two vacant lots on Porter Road. The five homes at 430, 453, 457, 459 and 461 Porter Rd are currently occupied, and the offering includes vacant land at 436 Porter Rd (a vacant double lot) and 455 Porter Rd.
The mix of occupied residences and vacant lots provides both immediate rental presence and opportunities for future development or expansion. Additional details, including a rent roll and further financial information, are available upon request.
The mix of occupied residences and vacant lots provides both immediate rental presence and opportunities for future development or expansion. Additional details, including a rent roll and further financial information, are available upon request.
Key Highlights
- Portfolio includes five income‑producing single‑family homes on Porter Rd: 430, 453, 457, 459, and 461 Porter Rd
- Two vacant lots included: a vacant double lot at 436 Porter Rd and a vacant lot at 455 Porter Rd
- All five homes are currently occupied with a mix of long‑term and mid‑term rentals
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,241
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$644,820
$644.8K
Cap Rate 7%
$460,586
$460.6K
Cap Rate 9%
$358,233
$358.2K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$60.0K $12.00/SF
− Vacancy
−$1.4K −$0.28/SF
EGI
$58.6K $11.72/SF
− OpEx
−$26.4K −$5.28/SF
NOI
$32.2K $6.45/SF
Area
Kanawha County, WV
Vacancy
2.30%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$644,820
Cap Rate 7%
$460,586
Cap Rate 9%
$358,233
Alternative Uses
Best Use
Apartment 5plus
$460.6K
$403.0K – $537.4K
NOI $32,241 @ 7.0% cap · market cap 4.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.10M
$964.8K – $1.29M
NOI $77,184 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
760
Businesses Nearby
Explore this area
Business Placement
Demographics for 25314, WV
14,673
Population
7,328
Households
2
Avg Household Size
43
Median Age
61%
College-Educated
96%
High-School Grad
32.7 sq mi
ZIP Area
449
Density / Sq Mi
$86,462
Median Household Income
$50,413
Median Earnings
$1,080
Median Rent
$243,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Single family property - Portfolio includes five occupied single-family homes plus two vacant lots on Porter Road in Charleston, WV.
Where is this single family property located?
The property is located at 430 Porter Road Charleston, WV.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Portfolio includes five income‑producing single‑family homes on Porter Rd: 430, 453, 457, 459, and 461 Porter Rd; Two vacant lots included: a vacant double lot at 436 Porter Rd and a vacant lot at 455 Porter Rd; All five homes are currently occupied with a mix of long‑term and mid‑term rentals
