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Income-Producing Properties Near WVU

1024 Cayton Street Morgantown, WV 26505

Claim this Listing
For Sale
$215,000

MULTI_FAMILY - Morgantown, WV

Property size:
1,580 SF
Lot size:
0.29 Acres
Price / SF:
$136/SF
Added:
May 5, 2026
Days on Market:
69
Last Refresh:
Jul 12 at 9:06 pm

Property Features for 1024 Cayton Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Neighborhood Residential
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 2, Basement, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3
Patio and Porch features
Deck, Porch, Patio
Interior features
Electric Stove Connection, Washer Connection, Electric Dryer Connection, Wet Bar, Beamed Ceilings
Exterior features
Porch, Patio, Deck, Screen Porch
Appliances
Range, Dishwasher, Refrigerator
Standard status
Active
Size
1,580 SF
Lot size
0.29 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
BL C, LOT 2 & 17-1/2 STRIP 1024 CAYTON ST, BL C, LOT 1& 17-1/2 STRIP 1048 COLLEGE AVE
Tax Annual Amount
2958

Utilities

Heating system
Forced Air, Natural Gas
Cooling system
Electric, Central Air, Ceiling Fan(s)

Building Details

Year built
1920
Floors in Building
2
Number of units
2
Flooring type
Laminate, Wood, Vinyl
Building materials
Frame, Block
Roof type
Shingle
Architectural style
Other, Ranch

Listing agent DESTINY SYLVESTER License #WVS190300676

Listing office BEL-CROSS PROPERTIES, LLC 76 High Street, Morgantown, WV

Listing date May 5, 2026

MLS# 10164543 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 offering includes two income-producing properties located near West Virginia University Downtown Campus and the WVU Mountainlair. The properties are located side-by-side. The first property, located at 1024 Cayton Street, is a 2-bedroom, 2-bath home leased through May 20, 2027, at $1,200 per month. The second property, located at 1048 College Avenue, is a 2-bedroom, 1-bath home also leased through May 20, 2027, at $800 per month. Together, the properties generate $2,000 in monthly rental income. Tenants are responsible for all utilities and lawn care. The properties are located approximately 0.5 miles from West Virginia University Downtown Campus and the WVU Mountainlair. The total property size is 1580 square feet, situated on a lot of approximately 0.29 acres. The zoning is Neighborhood Residential. This package is ideal for student housing or portfolio expansion. The properties have a strong rental history with long-term leases already in place, making this a true turnkey investment with immediate and reliable returns.

Key Highlights

  • Great Location on Major Hwy
  • Rustic and Ready
  • Various types of businesses will fit

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Kitchen & Bath Showroom Daycare Center Nail Salon Garden Center (Bike/Boat/Book/etc) Store Building Supply Storage Facility Carpet & Flooring Store Furniture & Home Goods

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

FAQs

What type of property is this?
Duplex - Two fully leased properties near WVU, a turnkey investment opportunity.
Where is this duplex located?
The property is located at 1024 Cayton Street Morgantown, WV.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Great Location on Major Hwy; Rustic and Ready; Various types of businesses will fit
Contact an agent
More about this property
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