Renovated Duplex in Downtown
For Sale
$149,900
Pending
130 E JOHN St, Martinsburg, WV 25401
Move-in ready duplex with modern updates in downtown location.
Property Size910 SF
Lot Size0.05 Acres
Days on Market265
Property Features for 130 E JOHN St
General Information
Standard status
Pending
Size
910 SF
Lot size
0.05 Acres
Property subtype
Other
Taxes and HOA fees
Annual Taxes
$1,118
Building Details
Building Size
910 SF
Year Built
1920
Listing Agency:
Realty ONE Group Old Towne
(540) 539-3696
Listed By:
Leah Stafford Marabella · License #0225260675
(540) 539-3696
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 7
Last Checked: Jul 23 at 11:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty ONE Group Old Towne
Investment Insights
Based on property information with market context.
This renovated duplex in downtown Martinsburg features updates throughout, including new siding, flooring, paint, cabinets, and appliances. The property offers a comfortable living space with a modern feel. Its location provides convenient access to nearby restaurants, shops, and local amenities. This property is suitable for either residential use or as a low-maintenance investment.
Key Highlights
- Completely renovated with new siding, flooring, paint, cabinets, and appliances.
- Prime downtown Martinsburg location, steps from restaurants and shops.
- Move‑in ready condition.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$4,330
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$86,600
$86.6K
Cap Rate 7%
$61,857
$61.9K
Cap Rate 9%
$48,111
$48.1K
Market Conditions
NOI Build-Up for 910 SF
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.
Gross rent
$6.4K $7.08/SF
− Vacancy
−$257 −$0.28/SF
EGI
$6.2K $6.80/SF
− OpEx
−$1.9K −$2.04/SF
NOI
$4.3K $4.76/SF
Area
Berkeley County, WV
Vacancy
3.99%
Lease Rate
$7.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$86,600
Cap Rate 7%
$61,857
Cap Rate 9%
$48,111
Alternative Uses
Best Use
Multifamily LT 5
$61.9K
$54.1K – $72.2K
NOI $4,330 @ 7.0% cap · market cap 2.89%
Second Best
Apartment 5plus
$56.7K
$49.6K – $66.2K
NOI $3,970 @ 7.0% cap · market cap 2.65%
Theoretical Best
Office A
$164.7K
$144.2K – $192.2K
NOI $11,532 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,077
Businesses Nearby
Explore this area
Business Placement
Demographics for 25401, WV
15,086
Population
6,841
Households
2.2
Avg Household Size
38
Median Age
23%
College-Educated
86%
High-School Grad
5.8 sq mi
ZIP Area
2,601
Density / Sq Mi
$49,157
Median Household Income
$33,147
Median Earnings
$1,014
Median Rent
$221,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Move-in ready duplex with modern updates in downtown location.
Where is this duplex located?
The property is located at 130 E JOHN St Martinsburg, WV.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Completely renovated with new siding, flooring, paint, cabinets, and appliances.; Prime downtown Martinsburg location, steps from restaurants and shops.; Move‑in ready condition.
