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Brick Half-Duplex Residence

1312 Heritage Place Morgantown, WV 26505

1312 Heritage Place, Morgantown, WV, 26505
$210,000
For Sale
Under Contract
$210,000

CONDOS - Morgantown, WV

Property Size1,358 SF
Price / SF$154.64
Days on Market23

Property Features for 1312 Heritage Place

General Information

Property type
Residential
Property subtype
Duplex
Zoning
Single Family Residential
Bedrooms
2
Bathrooms
2
Rooms
Bonus Room, Bathroom 1, Basement, Bedroom 2, Bathroom 2, Bedroom 1
Parking features
Off Street
Patio and Porch features
Patio
Exterior features
Patio, Landscaped, Outside Lighting, Private Yard
Appliances
Range, Dishwasher, Disposal, Refrigerator
Standard status
Active Under Contract
Size
1,358 SF

Taxes and HOA fees

Tax Year
2025
Tax Description
Lot 10 1312 Heritage Place
Tax Annual Amount
1457

Utilities

Heating system
Central, Natural Gas
Cooling system
Ceiling Fan(s), Window Unit(s)

Building Details

Year built
1963
Floors in Building
2
Number of units
2
Flooring type
Wood, Tile, Vinyl
Building materials
Frame
Roof type
Shingle
Architectural style
Other
Listing agency HOWARD HANNA PREMIER PROPERTIES BY BARBARA ALEXANDER, LLC
Listed by MORGAN STEPHENS-SIMONETTI · License #WVS200301142
Added: Jun 29 Updated: Jul 19 at 7:12AM Checked: Jul 21 at 2:06PM
MLS# 10165465

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 move-in-ready brick half-duplex offers an open-concept living and dining area with hardwood floors, plus two bedrooms and 1.5 bathrooms. A finished lower level provides additional living space, including a versatile bonus room, laundry area, and abundant storage. Outside, the home features a private backyard and patio, supported by a flat driveway with off-street parking.

Located in the Suncrest area, the property is described as having easy access to shopping, schools, hospitals, and stadiums.

The residence is listed as 1,358 square feet and is presented as well maintained, with a layout designed for everyday comfort and practical added space in the lower level.

Key Highlights

  • Brick half‑duplex built in 1963 on a flat lot in the Suncrest area
  • Open‑concept living and dining area with hardwood floors
  • 2 bedrooms and 1.5 bathrooms on the main level

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 $12.2k $9.00
− Vacancy −$209 −$0.15
EGI $12.0k $8.85
− OpEx −$3.6k −$2.65
NOI $8.4k $6.19
1,358 SF · lease $9.00/SF/yr · vacancy 1.71% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$120.1K
$105.1K – $140.2K (±1% cap)
NOI $8,409 @ 7.0% cap · market cap 4.00%
Second Best
Apartment 5plus
$110.6K
$96.8K – $129.1K (±1% cap)
NOI $7,745 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$391.5K
$342.6K – $456.8K (±1% cap)
NOI $27,405 @ 7.0% cap · market cap 13.05%
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 Building Supply Electrical Service Bakery Auto Repair Shop Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith Catering Service

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

FAQs

What type of property is this?
Duplex - Move-in-ready brick half-duplex with 2 bedrooms, 1.5 baths, finished lower level, private patio, and off-street parking.
Where is this duplex located?
The property is located at 1312 Heritage Place Morgantown, WV.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Brick half‑duplex built in 1963 on a flat lot in the Suncrest area; Open‑concept living and dining area with hardwood floors; 2 bedrooms and 1.5 bathrooms on the main level
Contact an agent
More about this property
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