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14-Unit Apartment Property
For Sale
$2,500,000

150-156 Courtney Dr, Lewisburg, WV 24901

The multifamily property combines apartment units with a substantial historic residence and a four-bay garage.

Property Size6,031 SF
Lot Size1.30 Acres
Price / SF$414.52
Days on Market279

Property Features for 150-156 Courtney Dr

General Information

Standard status Active
Size 6,031 SF
Lot size 1.30 Acres
Property subtype Multi Family Home
Zoning Zoning

Additional Details

Multifamily Units 14

Taxes and HOA fees

Annual Taxes $8,520

Building Details

Building Size 6,031 SF
Year Built 1874
Units 14
Construction colonial-style
Listing Agency: Hometown Appraisals and Realty
Listed By: Doug Persinger
Source: Hometownappraisalsandrealty
Added: Jan 20 Changed: Oct 25 Last Checked: Oct 26 at 4:01AM

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 Hometown Appraisals and Realty

Rey
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Investment Insights

Based on property information with market context.

This 1.3-acre multifamily property includes 14 apartments and a 6,031-square-foot residence built in 1874. The house has 3–4 bedrooms, two bathrooms, a kitchen and living room on the upper floor, plus several offices and a large conference room on the lower level. A four-bay garage is also part of the property.

The property is in Lewisburg, near the West Virginia School of Osteopathic Medicine, New River College, Greenbrier County Library, Carnegie Hall and Greenbrier Valley Medical Center.

Key Highlights

  • 14 apartments on a 1.3‑acre property
  • 6,031‑square‑foot residence built in 1874
  • Residence includes 3–4 bedrooms and 2 bathrooms

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Grocery & Convenience Store Building Supply (Bike/Boat/Book/etc) Store Locksmith

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

14
Residential units

Location Intelligence

Trade Area within ½ mile

619
Businesses Nearby

Demographics for 24901, WV

9,145
Population
4,769
Households
1.9
Avg Household Size
47
Median Age
40%
College-Educated
92%
High-School Grad
93.2 sq mi
ZIP Area
98
Density / Sq Mi
$52,539
Median Household Income
$40,893
Median Earnings
$926
Median Rent
$243,700
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 - The multifamily property combines apartment units with a substantial historic residence and a four-bay garage.
Where is this apartment building located?
The property is located at 150-156 Courtney Dr Lewisburg, WV.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 14 apartments on a 1.3‑acre property; 6,031‑square‑foot residence built in 1874; Residence includes 3–4 bedrooms and 2 bathrooms
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