Four-Unit Apartment
149 Holland Avenue, Westover, WV 26501
For Sale
New
$435,000
Multi-Unit/Income, Westover, WV
Property Size2,400 SF
Lot Size0.07 Acres
Price / SF$181.25
Days on Market2
Property Features for 149 Holland Avenue
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Interior features
Exterior features
Appliances
Lot features
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Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Amenities
on-site parking
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
EXP REALTY, LLC
(877) 477-1901
Listed By:
CHRISTINA CRABTREE · License WV WVS190300677
(304) 975-4448
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 10167824
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.
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Investment Insights
Based on property information with market context.
The 2,400-square-foot building contains four apartments, each with two bedrooms and one full bathroom. All four units are leased under separate agreements. Built in 1964, the frame property has vinyl flooring, natural gas and other heating, and off-street parking. Ranges and refrigerators are included, and the site measures 0.072 acres. Zoning is Multiple Family Residence.
At 149 Holland Avenue in Westover, the property is connected to downtown Morgantown, WVU’s Downtown Campus, and Hazel Ruby McQuain Park by the Westover Bridge. Wes Mon Center, Wesmon Plaza, and interstate access are also identified nearby.
At 149 Holland Avenue in Westover, the property is connected to downtown Morgantown, WVU’s Downtown Campus, and Hazel Ruby McQuain Park by the Westover Bridge. Wes Mon Center, Wesmon Plaza, and interstate access are also identified nearby.
Key Highlights
- Four apartments, each with 2 bedrooms and 1 full bathroom
- 2,400 square feet on a 0.072‑acre site
- All four units leased on separate agreements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,861
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$297,220
$297.2K
Cap Rate 7%
$212,300
$212.3K
Cap Rate 9%
$165,122
$165.1K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$21.6K $9.00/SF
− Vacancy
−$369 −$0.15/SF
EGI
$21.2K $8.85/SF
− OpEx
−$6.4K −$2.65/SF
NOI
$14.9K $6.19/SF
Area
Monongalia County, WV
Vacancy
1.71%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$297,220
Cap Rate 7%
$212,300
Cap Rate 9%
$165,122
Alternative Uses
Best Use
Multifamily LT 5
$212.3K
$185.8K – $247.7K
NOI $14,861 @ 7.0% cap · market cap 3.42%
Second Best
Apartment 5plus
$195.5K
$171.1K – $228.1K
NOI $13,688 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$691.9K
$605.4K – $807.2K
NOI $48,432 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,307
Businesses Nearby
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Business Placement
Demographics for 26501, WV
19,200
Population
9,541
Households
2
Avg Household Size
38
Median Age
45%
College-Educated
94%
High-School Grad
58.5 sq mi
ZIP Area
328
Density / Sq Mi
$62,173
Median Household Income
$34,949
Median Earnings
$914
Median Rent
$213,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - All four apartments are leased, with separate rental agreements in place.
Where is this quadplex located?
The property is located at 149 Holland Avenue Westover, WV.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 1 full bathroom; 2,400 square feet on a 0.072‑acre site; All four units leased on separate agreements
