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14-Unit Apartment Portfolio
New
For Sale
$1,199,000

2608 Avery Street, Parkersburg, WV 26104

Fully occupied residential income property with multiple layouts, on-site parking, and laundry in every unit.

Property SizeContact for details
Days on Market4

Property Features for 2608 Avery Street

General Information

Standard status Active
Property subtype Quadruplex
Occupancy 100%

Units

Unit Mix 12 x townhome, 1 x 1BR garage apartment, 1 x 1BR ranch home
Multifamily Units 14

Additional Details

Cap Rate 8.4%

Taxes and HOA fees

Annual Taxes $7,118

Amenities

off-street parking
in-unit laundry

Building Details

Year Built 1950
Listing Agency: Legacy Real Estate Professionals
Listed By: Patricia Burkhammer
Source: Asacoxhomes
Added: Aug 9 Changed: Aug 12 Last Checked: Aug 12 at 3:12AM

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 Legacy Real Estate Professionals

Investment Insights

Based on property information with market context.

This 14-unit apartment property brings together 12 townhome units, a detached one-bedroom garage apartment, and a separate one-bedroom ranch home on connected parcels. The units include off-street parking and in-unit laundry, while the garage apartment also provides dedicated space for maintenance equipment, tools, replacement materials, and repair inventory. The property was built in 1950 and has received multiple updates.

All units are occupied, and the property is located in the established North End neighborhood of Parkersburg, West Virginia. The concentrated layout keeps the residential operation together rather than spread across separate locations. The portfolio is pet-free, smoke-free, and non-HUD registered, with a reported cap rate of 8.4.

Key Highlights

  • 14 units across connected parcels in one location
  • Unit mix includes 12 townhomes, a 1‑bedroom garage apartment, and a 1‑bedroom ranch home
  • Fully occupied residential portfolio

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Skin Care Clinic Locksmith Garden Center Gym & Fitness Center

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

628
Businesses Nearby

Demographics for 26104, WV

16,763
Population
8,351
Households
2
Avg Household Size
44
Median Age
25%
College-Educated
92%
High-School Grad
37.0 sq mi
ZIP Area
453
Density / Sq Mi
$51,695
Median Household Income
$40,262
Median Earnings
$720
Median Rent
$164,600
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?
Apartment building - Fully occupied residential income property with multiple layouts, on-site parking, and laundry in every unit.
Where is this apartment building located?
The property is located at 2608 Avery Street Parkersburg, WV.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 14 units across connected parcels in one location; Unit mix includes 12 townhomes, a 1‑bedroom garage apartment, and a 1‑bedroom ranch home; Fully occupied residential portfolio
More about this property
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