1951 Listravia Avenue, Morgantown, WV 26505
MULTI_FAMILY - Morgantown, WV
- Added:
- Jul 2, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 2 at 3:06 pm
Property Features for 1951 Listravia Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Single Family Residential
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 2, Basement, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 1
- 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
- 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
Utilities
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Window Unit(s), Ceiling Fan(s)
Building Details
- Year built
- 1911
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Wood, Laminate, Carpet - Full
- Building materials
- Frame, Block, Wood, Concrete
- Roof type
- Metal
- Architectural style
- Other
Listing agent KRISTINE CRUTCH (304) 203-3849
Listing office J.S. WALKER ASSOCIATES 148 Fayette Street, Morgantown, WV (304) 296-0074
Listing date Jul 2, 2026
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.
HighLights
- 1911‑built frame/block/wood/concrete construction with metal roof
- 2‑unit property currently rented as a single spacious unit
- Upgraded electrical service and new furnace installed in 2025
- Natural gas forced‑air heat with window AC units and ceiling fans
- Large lot plus off‑street parking
- Includes porch, deck, balcony, and outside lighting
Overview
The asset is located in Morgantown, Monongalia County, WV, with public remarks indicating close proximity to the WVU campus and medical centers. The listing notes off-street parking and a “large lot,” and provides that a 24-hour notice is required for showings.
As a purchase option, this property can suit buyers looking for an income-producing setup with flexibility for how the two units are occupied. Since it is currently rented as one unit, it may appeal to tenants or operators who want a single living arrangement today, while still having the underlying two-unit duplex structure for future leasing plans. The property’s residential income positioning, along with the updated electrical and recent furnace replacement, are practical considerations for day-to-day operations and maintenance planning.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.3k | $9.00 |
| − Vacancy | −$262 | −$0.15 |
| EGI | $15.0k | $8.85 |
| − OpEx | −$4.5k | −$2.65 |
| NOI | $10.5k | $6.19 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Morgantown
- County
- Monongalia
- State
- West Virginia
- Longitude
- -79.922067
- Latitude
- 39.61909
