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    Morgantown Multifamily Investment Opportunity

    150 Wellen Avenue Morgantown, WV 26505

    150 Wellen Avenue, Morgantown, WV, 26505
    $165,000
    For Sale
    Under Contract
    Claim this Listing
    $165,000

    MULTI_FAMILY - Morgantown, WV

    Property Size9,514 SF
    Price / SF$17.34
    AddedMay 22
    Days on Market55
    Last RefreshJul 15 at 6:06 pm

    Property Features for 150 Wellen Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Single Family Residential
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 2, Basement, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 3
    Parking features
    Off Street
    Patio and Porch features
    Deck, Porch
    Interior features
    Electric Stove Connection, Washer Connection, Electric Dryer Connection
    Exterior features
    Porch, Deck
    Appliances
    Range, Refrigerator, Washer, Dryer
    Standard status
    Active Under Contract
    Size
    9,514 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    BL Y PT LOTS 8,9,10 150 WELLEN AVE
    Tax Annual Amount
    1904

    Utilities

    Heating system
    Baseboard, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Window Unit(s)

    Building Details

    Year built
    1910
    Floors in Building
    3
    Number of units
    2
    Flooring type
    Laminate, Carpet - Full, Vinyl
    Building materials
    Frame
    Roof type
    Shingle
    Architectural style
    Other

    Listing agent JASMIN PATRICK

    Listing office BEL-CROSS PROPERTIES, LLC 76 High Street, Morgantown, WV

    Listing date May 22, 2026

    MLS# 10164903 Listing URL

    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 multifamily property in Morgantown, WV, presents an investment opportunity with two units fully leased through 2027. The property includes a gravel parking lot with space for two or more cars. Both units are equipped with electric baseboard heat, window AC units, ceiling fans, a refrigerator, a range, and a washer and dryer. Tenants are responsible for all utility payments. The property is located near the WVU downtown campus, with a short drive to hospitals and the medical center, and a short distance to the football stadium. It is also situated on a public transit route. Unit A is leased at a monthly rate of $800, with the lease valid through July 22, 2027. Unit B is currently leased at $650 per month until July 24, 2026, with a new tenant moving in on August 5, 2026, at a monthly rate of $700. The property has an updated LOC (Letter of Compliance) valid through January 11, 2029, through the city of Morgantown. The property is zoned for Single Family Residential use and has a property size of 9514 Square Feet.

    Key Highlights

    • Fully leased through 2027, providing immediate rental income.
    • Located near WVU downtown campus, offering convenient access for students and faculty.
    • Updated LOC (License of Occupancy) valid through 1/11/2029.

    Property Analytics

    Location Intelligence

    Current Use by Public Records

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    FAQs

    What type of property is this?
    Duplex - Two-unit property fully leased through 2027 near WVU campus.
    Where is this duplex located?
    The property is located at 150 Wellen Avenue Morgantown, WV.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: Fully leased through 2027, providing immediate rental income.; Located near WVU downtown campus, offering convenient access for students and faculty.; Updated LOC (License of Occupancy) valid through 1/11/2029.
    Contact an agent
    (304) 276-4370
    We can help!
    Contact an agent
    JASMIN PATRICK
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