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6-Unit Apartment Building
For Sale
$310,000

140 Locust Avenue, Fairmont, WV 26554

Multi-Unit/Income, Traditional, Fairmont, WV

Property Size4,200 SF
Lot Size0.15 Acres
Price / SF$73.81
Days on Market154

Property Features for 140 Locust Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Main Corridor Commercial
Bedrooms 7
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 6, Bathroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 5, Bedroom 2, Bedroom 4, Bedroom 7, Bathroom 6, Basement, Bedroom 5, Bathroom 2, Bedroom 1
Parking features Off Street
Patio and Porch features Porch
Interior features Electric Stove Connection, 9ft+ Ceiling
Exterior features Porch
Appliances Range, Refrigerator
Lot features Sloping
Elementary school Watson Elementary
Middle school West Fairmont Middle
High school Fairmont Sr. High
Elementary school district Marion
Middle school district Marion
High school district Marion
Directions Exit 136 to Downtown Fairmont, approximately half a mile off Gateway Connector, property on left.
Subdivision Marion/Fairmont
Standard status Active
Size 4,200 SF
Lot size 0.15 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2024
Tax Description LOT 3 LOCUST AVENUE GETTING ADD (APTS),BLK A LT 7 J F WATSON ADD
Tax Annual Amount 1392
Legal Description LOT 3 LOCUST AVENUE GETTING ADD (APTS),BLK A LT 7 J F WATSON ADD

Utilities

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

Building Details

Year built 1924
Floors in Building 3
Number of units 6
Flooring type Wood, Vinyl
Building materials Block, Frame
Architectural style Other
Buildings 1
Listing Agency: OLD COLONY COMPANY OF MORGANTOWN
Listed By: SARAH DEWEESE
Added: May 29 Changed: Oct 25 Last Checked: Oct 29 at 9:06AM
MLS# 10159815

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.

Rey
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Investment Insights

Based on property information with market context.

This 6-unit apartment property contains 4,200 square feet on a 0.152-acre lot and was built in 1924. The building is being sold as-is. Recent work includes flooring and shower updates in two units, two newly installed water heaters, and a rolled roof that is less than two years old. Interior features include 9-foot-plus ceilings, wood and vinyl flooring, and electric stove connections; the property also has a porch and off-street parking.

The property is just over one mile from Fairmont State University and is zoned Main Corridor Commercial. All units are occupied, with leases transferring to the buyer. Showings require 24 hours’ notice.

Key Highlights

  • 6 apartment units in a 4,200‑square‑foot building
  • All units occupied; leases transfer with the sale
  • 0.152‑acre lot, zoned Main Corridor Commercial

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

796
Businesses Nearby

Demographics for 26554, WV

42,133
Population
19,688
Households
2.1
Avg Household Size
40
Median Age
30%
College-Educated
94%
High-School Grad
131.9 sq mi
ZIP Area
319
Density / Sq Mi
$69,271
Median Household Income
$40,688
Median Earnings
$931
Median Rent
$181,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Every residence is occupied, and current leases will transfer with the sale.
Where is this apartment building located?
The property is located at 140 Locust Avenue Fairmont, WV.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: 6 apartment units in a 4,200‑square‑foot building; All units occupied; leases transfer with the sale; 0.152‑acre lot, zoned Main Corridor Commercial
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