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33-Bed Apartment Building
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1493 University Avenue, Morgantown, WV 26505

Four-story student housing property with common areas and upgraded amenities.

Space Size11,492 SF
Days on Market8

Property Features for 1493 University Avenue

General Information

Standard status Active
Size 11,492 SF
Total Parking Spaces 4
Property subtype Retail

Building Details

Building Size 11,492 SF
Tenancy Single

Spaces For Lease

at 1493 University Avenue Contact us

Available Space

Size
11,492 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Black Diamond Realty
Listed By: David Lorenze, CCIM, SIOR, Principal & Associate Broker · License #WV0025501
Source: Crexi
Added: Aug 12 Changed: Aug 18 Last Checked: Aug 18 at 7:17AM

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 Black Diamond Realty

Investment Insights

Based on property information with market context.

This four-story apartment property contains 33 beds and is positioned for student housing use. Interior features include common areas and upgraded amenities, providing shared spaces within the residential configuration.

The property is located at 1493 University Avenue in Morgantown, WV, with practically direct access to a Mountain Line bus stop along University Avenue. Beechurst Avenue carries a daily traffic count of 23,194 vehicles, based on Q4 2024 data from Kalibrate Technologies.

Key Highlights

  • 33‑bed, four‑story apartment property
  • Student housing configuration with common areas
  • Upgraded amenities included

Property Analytics

Current Use

Pi Beta Phi Volunteer Organization

Suggested Use

Top Pick Kitchen & Bath Showroom Storage Facility Daycare Center Nail Salon HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,519
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Four-story student housing property with common areas and upgraded amenities.
Where is this apartment building located?
The property is located at 1493 University Avenue Morgantown, WV.
What are key features of this property?
This property features: 33‑bed, four‑story apartment property; Student housing configuration with common areas; Upgraded amenities included
More about this property
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