Duplex with Two Two-Bedroom
For Sale
$169,500
112 Cornell Avenue, Morgantown, WV 26505
MULTI_FAMILY - Morgantown, WV
Property Size1,916 SF
Price / SF$88.47
Days on Market42
Property Features for 112 Cornell Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Multiple Family Residence
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 2
Patio and Porch features
Porch, Patio
Exterior features
Porch, Patio
Lot features
Sloping
Elementary school
Eastwood Elementary
Middle school
Suncrest Middle
High school
University High
Elementary school district
Monongalia
Middle school district
Monongalia
High school district
Monongalia
Directions
From downtown Morgantown take US 119 / Willey Street take a left on Cornell Ave. Subject property will be the 2nd to last house on the left.
Subdivision
Monongalia/Morgantown
Standard status
Active
Size
1,916 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
BL A, LOTS 4,5; 112 CORNELL AVE
Tax Annual Amount
2346
Legal Description
BL A, LOTS 4,5; 112 CORNELL AVE
Utilities
Heating system
Electric (Heating), Forced Air, Natural Gas, Central, Baseboard
Building Details
Year built
1921
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Carpet - Full, Laminate
Building materials
Frame, Block
Roof type
Shingle
Architectural style
Other
Listing Agency:
REAL BROKER, LLC
(304) 282-1184
Listed By:
AARON MARKO · License #WVS180300513
(304) 685-4434
Added: Jun 19
Last Checked: Jul 30 at 8:06PM
MLS# 10163091
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 duplex offers two separate two-bedroom residential units. The property size is 1,916 square feet and is listed as a multifamily residential income property. It is situated under Multiple Family Residence zoning.
The building is located at 112 Cornell Avenue in Morgantown, West Virginia, in Monongalia County. The listing remarks indicate it is near the WVU downtown campus.
For buyers seeking a small residential income asset, the duplex layout provides two independent units within one property. The two-bedroom configuration may appeal to tenants looking for additional space, while the multifamily zoning supports continued use as a residential duplex. Prospective purchasers can evaluate the existing unit setup and consider how it fits their ownership and management approach.
The building is located at 112 Cornell Avenue in Morgantown, West Virginia, in Monongalia County. The listing remarks indicate it is near the WVU downtown campus.
For buyers seeking a small residential income asset, the duplex layout provides two independent units within one property. The two-bedroom configuration may appeal to tenants looking for additional space, while the multifamily zoning supports continued use as a residential duplex. Prospective purchasers can evaluate the existing unit setup and consider how it fits their ownership and management approach.
Key Highlights
- Year built 1921 frame and block construction
- Two 2‑bedroom units near WVU downtown campus
- Central heating plus forced air and electric heating options
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 | $17.2k | $9.00 |
| − Vacancy | −$295 | −$0.15 |
| EGI | $16.9k | $8.85 |
| − OpEx | −$5.1k | −$2.65 |
| NOI | $11.9k | $6.19 |
1,916 SF · lease $9.00/SF/yr · vacancy 1.71% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$169.5K
$148.3K – $197.7K
NOI $11,864 @ 7.0% cap · market cap 7.00%
Second Best
Apartment 5plus
$156.1K
$136.6K – $182.1K
NOI $10,928 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$552.4K
$483.3K – $644.4K
NOI $38,665 @ 7.0% cap · market cap 22.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,259
Businesses Nearby
Explore this area
Business Placement
Demographics for 26505, WV
39,057
Population
19,220
Households
2
Avg Household Size
27
Median Age
55%
College-Educated
93%
High-School Grad
12.6 sq mi
ZIP Area
3,100
Density / Sq Mi
$42,275
Median Household Income
$24,042
Median Earnings
$942
Median Rent
$265,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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 - Two separate two-bedroom units provide a straightforward residential income setup in Morgantown.
Where is this duplex located?
The property is located at 112 Cornell Avenue Morgantown, WV.
What is the asking price?
The asking price for this property is $169,500.
What are key features of this property?
This property features: Year built 1921 frame and block construction; Two 2‑bedroom units near WVU downtown campus; Central heating plus forced air and electric heating options
