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Two-Unit Duplex Investment Property

610 Monroe Street Charleston, WV 25302

610 Monroe Street, Charleston, WV, 25302
$129,500
For Sale
$129,500

MULTI_FAMILY - Other - Charleston, WV

Property Size1,550 SF
Lot Size0.07 Acres
Price / SF$83.55
Days on Market119

Property Features for 610 Monroe Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Rooms
Basement, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 1
Parking features
Off Street
Appliances
Dishwasher, Oven, Range, Refrigerator
Standard status
Active
APN
12-0019-0197-0000-0000
Size
1,550 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Description
LT 63 HILLSDALE ADN MONROE ST 610
Tax Annual Amount
1442
Expense value
1395
Expense
SecurityDeposit
Expense freq.
One Time

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Window Unit(s)
Water source
Public

Building Details

Year built
1940
Number of units
2
Flooring type
Hardwood, Carpet, Tile
Building materials
Frame
Roof type
Composition, Shingle
Architectural style
Other
Listing agency Better Homes and Gardens Real Estate Central
Listed by Peggy White · License #0004384
Added: Mar 26 Updated: Jul 22 at 12:50AM Checked: Jul 22 at 8:06AM
MLS# 282641

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 two-story duplex investment property includes two separate 2-bedroom, 1-bath units. Both units offer spacious layouts and include kitchens with appliances, washer/dryer hookups, and separate tenant-paid utilities. Off-street parking is available, with on-street parking as needed. The upstairs unit also features a finished attic room that can be used as an additional bedroom or storage space. The lower unit includes extra storage in a partially unfinished basement and has a newly remodeled bathroom.

The property has a newly installed roof. It is located in the Hillsdale addition area of Charleston, WV, off the Westmoreland Exit, in a quieter neighborhood setting.

Each unit is currently rented, providing ongoing residential income within a compact duplex configuration.

Key Highlights

  • Duplex with two 2‑bedroom, 1‑bath units (two‑story building) plus an additional finished attic room in the upstairs unit
  • Newly installed roof; roof materials include composition/shingle
  • Unit 1 rents for $870 and Unit 2 rents for $850

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 $15.8k $10.20
− Vacancy −$664 −$0.43
EGI $15.1k $9.77
− OpEx −$4.5k −$2.93
NOI $10.6k $6.84
1,550 SF · lease $10.20/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$151.5K
$132.5K – $176.7K (±1% cap)
NOI $10,602 @ 7.0% cap · market cap 8.19%
Second Best
Apartment 5plus
$142.8K
$124.9K – $166.6K (±1% cap)
NOI $9,995 @ 7.0% cap · market cap 7.72%
Theoretical Best
Office A
$341.8K
$299.1K – $398.8K (±1% cap)
NOI $23,927 @ 7.0% cap · market cap 18.48%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Hair Salon Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Furniture & Home Goods HVAC Service Nail Salon Law Firm Grocery & Convenience Store

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

FAQs

What type of property is this?
Duplex - Two-story duplex with two 2-bedroom, 1-bath units, each with appliances, washer/dryer hookups, and separate tenant-paid utilities.
Where is this duplex located?
The property is located at 610 Monroe Street Charleston, WV.
What is the asking price?
The asking price for this property is $129,500.
What are key features of this property?
This property features: Duplex with two 2‑bedroom, 1‑bath units (two‑story building) plus an additional finished attic room in the upstairs unit; Newly installed roof; roof materials include composition/shingle; Unit 1 rents for $870 and Unit 2 rents for $850
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