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Townhome and Single-Family Rental Community
For Sale
$1,650,000

1 Lowell Drive, Barboursville, WV 25504

MULTI_FAMILY - Barboursville, WV

Lot Size65.33 Acres
Days on Market51

Property Features for 1 Lowell Drive

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Off Street
Lot features Sloping
Elementary school Barboursville
Middle school Barboursville
High school Midland
Directions Route 60 - Martha Road - Turn left at Lake View Estates Sign - Go up the hill - properties located at the top of the road to the right and left.
Subdivision 13 - Barboursville
Standard status Active
Lot size 65.33 Acres

Utilities

Heating system Electric (Heating), Heat Pump (Heating), Central
Cooling system Central Air

Building Details

Year built 1978
Building materials Aluminum
Roof type Shingle
Listing Agency: Impact Realty Group
Listed By: Nick Chapman
Added: Jun 10 Changed: Jul 11 Last Checked: Jul 30 at 5:06PM
MLS# 184104

Copyright © 2026 Huntington 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 residential income property offers 17 total rental units, including 12 two-bedroom, one-bath townhomes and four two-bedroom, 1.5-bath townhomes, plus a separate three-bedroom, 1.5-bath single-family residence. The property includes an additional 28' x 48' unfinished basement that is currently used for storage and for management operations related to the rental units. Public remarks indicate the property has been privately owned since its original construction nearly 50 years ago and has been meticulously maintained over that period.

The property is located at 1 Lowell Drive in Barboursville, Cabell County, West Virginia. The lot is listed at 65.33 acres. The information provided also references a private sewer pond system that services and collects annual sewer fees from 14 neighboring residential properties. Separate tenant billing for trash service is mentioned as a potential additional revenue source.

For investors or operators seeking a larger, mixed-unit rental community, the combination of townhomes and a separate single-family residence may support a variety of tenant needs. Documented capital improvements noted in the remarks include HVAC system updates in 2025 and roof replacements. The ongoing infrastructure tied to the private sewer pond system may also be relevant for underwriting, alongside the residential unit revenue.

Key Highlights

  • 17 total rental units: 12 townhomes (2 bed, 1 bath), 4 townhomes (2 bed, 1.5 bath), plus one 3‑bedroom, 1.5‑bath single‑family residence
  • HVAC system updates completed in 2025; roof replacements also reported
  • 28' x 48' unfinished basement used for storage and rental management operations

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Real Estate Agency

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

Lease Details

17
Residential units

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 25504, WV

12,972
Population
5,492
Households
2.4
Avg Household Size
43
Median Age
32%
College-Educated
91%
High-School Grad
52.2 sq mi
ZIP Area
249
Density / Sq Mi
$59,577
Median Household Income
$37,995
Median Earnings
$885
Median Rent
$181,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multi-family rental community with 17 units, including townhomes and a separate single-family residence.
Where is this apartment building located?
The property is located at 1 Lowell Drive Barboursville, WV.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 17 total rental units: 12 townhomes (2 bed, 1 bath), 4 townhomes (2 bed, 1.5 bath), plus one 3‑bedroom, 1.5‑bath single‑family residence; HVAC system updates completed in 2025; roof replacements also reported; 28' x 48' unfinished basement used for storage and rental management operations
More about this property
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