Two-Unit Duplex with
For Sale
Under Contract
$179,000
1951 Listravia Avenue, Morgantown, WV 26505
Multi-Unit/Income, Traditional, Morgantown, WV
Property Size1,700 SF
Lot Size0.31 Acres
Price / SF$105.29
Days on Market93
Property Features for 1951 Listravia Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Single Family Residential
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Basement, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3
Patio and Porch features
Deck, Porch
Interior features
Electric Stove Connection, Washer Connection, Electric Dryer Connection
Exterior features
Porch, Deck, Balcony, Outside Lighting
Appliances
Range, Refrigerator, Washer, Dryer
View
City
Elementary school
Mountainview Elementary
Middle school
South Middle
High school
Morgantown High
Elementary school district
Monongalia
Middle school district
Monongalia
High school district
Monongalia
Directions
I 68 to Sabraton exit; Turn onto Rt. 7 towards Morgantown. turn right onto Listravia. House is on the right.
Subdivision
Monongalia/Morgantown
Standard status
Active Under Contract
Size
1,700 SF
Lot size
0.31 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BL C Lot 14, PT Lots 1315 1951 Listravia Ave & BL C PT Lot
Tax Annual Amount
494
Legal Description
BL C Lot 14, PT Lots 1315 1951 Listravia Ave & BL C PT Lot
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Ceiling Fan(s), Window Unit(s)
Building Details
Year built
1911
Floors in Building
3
Number of units
2
Flooring type
Carpet - Full, Wood, Laminate
Building materials
Frame, Block, Wood, Concrete
Roof type
Metal
Architectural style
Other
Listing Agency:
J.S. WALKER ASSOCIATES
(304) 296-0074
Listed By:
KRISTINE CRUTCH · License #234766
(304) 203-3849
Added: Jul 6
Changed: Sep 12
Last Checked: Oct 6 at 9:06AM
MLS# 10165615
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 1,700-square-foot duplex was built in 1911 and includes two bedrooms, three bedrooms listed across the property, two bathrooms, and a basement. The residence is currently occupied as one larger unit while retaining a two-unit configuration. Interior features include wood, laminate, and carpet flooring, electric stove, washer, and dryer connections, plus range, refrigerator, washer, and dryer appliances. Forced-air natural gas heating is complemented by a furnace installed in 2025, while cooling is provided by window units and ceiling fans.
The 0.31-acre property offers off-street parking along with a porch, deck, balcony, and exterior lighting. It is zoned Single Family Residential and is located in Morgantown near WVU campus and medical centers. The property also includes upgraded electrical service, a metal roof, and frame, block, wood, and concrete construction materials.
The 0.31-acre property offers off-street parking along with a porch, deck, balcony, and exterior lighting. It is zoned Single Family Residential and is located in Morgantown near WVU campus and medical centers. The property also includes upgraded electrical service, a metal roof, and frame, block, wood, and concrete construction materials.
Key Highlights
- Two‑unit duplex with 1,700 square feet of property size
- 0.31‑acre lot with off‑street parking
- New furnace installed in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,527
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$210,540
$210.5K
Cap Rate 7%
$150,386
$150.4K
Cap Rate 9%
$116,967
$117.0K
Market Conditions
NOI Build-Up for 1,700 SF
Gross rent
$15.3K $9.00/SF
− Vacancy
−$262 −$0.15/SF
EGI
$15.0K $8.85/SF
− OpEx
−$4.5K −$2.65/SF
NOI
$10.5K $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%
$210,540
Cap Rate 7%
$150,386
Cap Rate 9%
$116,967
Alternative Uses
Best Use
Multifamily LT 5
$150.4K
$131.6K – $175.5K
NOI $10,527 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$138.5K
$121.2K – $161.6K
NOI $9,696 @ 7.0% cap · market cap 5.42%
Theoretical Best
Office A
$490.1K
$428.8K – $571.8K
NOI $34,306 @ 7.0% cap · market cap 19.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
174
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Residentially zoned property with off-street parking, multiple outdoor areas, and updated mechanical features.
Where is this duplex located?
The property is located at 1951 Listravia Avenue Morgantown, WV.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,700 square feet of property size; 0.31‑acre lot with off‑street parking; New furnace installed in 2025
