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Renovated Quadplex with Basement Unit
For Sale
$225,000

230 Locust Avenue, Fairmont, WV 26554

Four-unit residential income property with updated interiors, separate rear metering, and a current certificate of occupancy.

Property Size3,160 SF
Price / SF$71.20
Days on Market47

Property Features for 230 Locust Avenue

General Information

Standard status Active
Size 3,160 SF
Property subtype Multi-Family

Additional Details

Utilities to Site Yes

Building Details

Year Built 1900
Listing Agency: PINNACLE HOMES, WV LLC
Listed By: Katrina Bonfili · License #2568
Source: Deepcreeksales
Added: Jul 15 Changed: Aug 29 Last Checked: Aug 29 at 10:58AM

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 PINNACLE HOMES, WV LLC

Investment Insights

Based on property information with market context.

This 3,160 SF quadplex, built in 1900, includes three fully occupied apartments in the main house along with a separate two-bedroom rear unit with a basement. Recent work in the main-floor and basement apartments includes new flooring and paint, while the rear residence has also been renovated.

Utility service is combined within the main house, with a separate meter serving the rear property. The certificate of occupancy is current. Located at 230 Locust Avenue in Fairmont, WV, the property is available for showings with a minimum of 24-hour notice.

Key Highlights

  • 3,160 SF quadplex built in 1900
  • Main house contains 3 fully occupied units
  • Separate renovated 2‑bedroom rear unit with basement

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Electrical Service Skin Care Clinic Real Estate Agency Bakery Kitchen & Bath Showroom

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

768
Businesses Nearby

Demographics for 26554, WV

42,133
Population
19,688
Households
2.1
Avg Household Size
40
Median Age
30%
College-Educated
94%
High-School Grad
131.9 sq mi
ZIP Area
319
Density / Sq Mi
$69,271
Median Household Income
$40,688
Median Earnings
$931
Median Rent
$181,800
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?
Quadplex - Four-unit residential income property with updated interiors, separate rear metering, and a current certificate of occupancy.
Where is this quadplex located?
The property is located at 230 Locust Avenue Fairmont, WV.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 3,160 SF quadplex built in 1900; Main house contains 3 fully occupied units; Separate renovated 2‑bedroom rear unit with basement
More about this property
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