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Two-Unit Duplex
New
For Sale
$219,000

301 Duquesne Avenue, Morgantown, WV 26505

Multi-Unit/Income, Two Story, Morgantown, WV

Property Size3,015 SF
Price / SF$72.64
Days on Market1

Property Features for 301 Duquesne Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning High Density Residential
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 3
Parking features Off Street
Patio and Porch features Porch, Deck
Interior features Walk-up Attic, Gas Stove Connection
Exterior features Porch, Deck, Private Yard
Appliances Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Lot features Corner, Level
Elementary school North Elementary
Middle school Suncrest Middle
High school Morgantown High
Elementary school district Monongalia
Middle school district Monongalia
High school district Monongalia
Directions From Downtown, turn onto University Avenue thru downtown campus. Turn R at the light onto Stewart Street. Take L onto Wellen St. House on right
Subdivision Monongalia/Morgantown
Standard status Active
Size 3,015 SF

Taxes and HOA fees

Tax Year 2025
Tax Description BL T Lot 2
Tax Annual Amount 2854
Legal Description BL T Lot 2

Utilities

Heating system Natural Gas, Forced Air
Cooling system Window Unit(s), Ceiling Fan(s)

Amenities

fenced back yard
front and back porches
off-street parking lot
laundry

Building Details

Year built 1920
Floors in Building 3
Number of units 2
Flooring type Vinyl, Wood, Laminate
Building materials Frame
Roof type Shingle
Architectural style Other
Buildings 1
Listing Agency: THE AGENCY - MORGANTOWN
Listed By: MICHELLE OATES · License #WVS180300234
Added: Oct 30 Last Checked: Oct 30 at 9:06PM
MLS# 10167639

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 3,015-square-foot, two-story duplex was built in 1920 and has a lower residence with two bedrooms and one bathroom, plus an upper residence with three bedrooms and two bathrooms. Both units include laundry and large rooms. A 2023 roof replacement, front and rear porches, a deck, and a fenced private yard are among the property’s features.

Off-street parking is available. The property is in Morgantown, near both WVU campuses, and is zoned High Density Residential.

Key Highlights

  • 3,015‑square‑foot, two‑story duplex
  • Lower unit: 2 bedrooms and 1 bathroom; upper unit: 3 bedrooms and 2 bathrooms
  • Laundry in both units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,670
Cap Rate
8.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,400 $373.4K
Cap Rate 7%
$266,714 $266.7K
Cap Rate 9%
$207,444 $207.4K
Market Conditions
NOI Build-Up for 3,015 SF
Gross rent
$27.1K $9.00/SF
− Vacancy
−$464 −$0.15/SF
EGI
$26.7K $8.85/SF
− OpEx
−$8.0K −$2.65/SF
NOI
$18.7K $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%
$373,400
Cap Rate 7%
$266,714
Cap Rate 9%
$207,444

Alternative Uses

Best Use
Multifamily LT 5
$266.7K
$233.4K – $311.2K (±1% cap)
NOI $18,670 @ 7.0% cap · market cap 8.53%
Second Best
Apartment 5plus
$245.7K
$215.0K – $286.6K (±1% cap)
NOI $17,196 @ 7.0% cap · market cap 7.85%
Theoretical Best
Office A
$869.2K
$760.5K – $1.01M (±1% cap)
NOI $60,843 @ 7.0% cap · market cap 27.78%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

676
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The upper and lower residences have separate bedroom and bathroom configurations, with laundry in each unit.
Where is this duplex located?
The property is located at 301 Duquesne Avenue Morgantown, WV.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: 3,015‑square‑foot, two‑story duplex; Lower unit: 2 bedrooms and 1 bathroom; upper unit: 3 bedrooms and 2 bathrooms; Laundry in both units
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Includes: Price & PSF · Cap rate · Location · Zoning

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