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Triplex with Two Occupied Units
New
For Sale
$124,900

318 Bellview Avenue, Fairmont, WV 26554

Two lower-level apartments have established tenants, while the upper unit offers owner-occupancy potential after preparation.

Property Size1,944 SF
Price / SF$64.25
Days on Market4

Property Features for 318 Bellview Avenue

General Information

Standard status Active
Size 1,944 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 3

Building Details

Year Built 1950
Listing Agency: FLOYD REAL ESTATE, INC
Listed By: Mike Stivers · License #2621
Source: Deepcreeksales
Added: Sep 21 Last Checked: Sep 24 at 7:09AM

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 FLOYD REAL ESTATE, INC

Investment Insights

Based on property information with market context.

This 1,944-square-foot triplex, built in 1950, includes two occupied lower-level apartments and a third unit above. The upstairs residence can be prepared for owner occupancy, while the existing tenants provide established occupancy in the lower units. Each apartment uses baseboard heating. The owner currently covers water and gas, and residents are responsible for their individual electric service.

Rental certificates are valid and can be transferred to the incoming owner. The property is located at 318 Bellview Avenue in Fairmont, West Virginia. Showings require 24 hours’ notice to tenants.

Key Highlights

  • 1,944‑square‑foot triplex built in 1950
  • Two lower‑level units are occupied by long‑term tenants
  • Upper unit offers owner‑occupancy potential after preparation

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Repair Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

92
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Triplex - Two lower-level apartments have established tenants, while the upper unit offers owner-occupancy potential after preparation.
Where is this triplex located?
The property is located at 318 Bellview Avenue Fairmont, WV.
What is the asking price?
The asking price for this property is $124,900.
What are key features of this property?
This property features: 1,944‑square‑foot triplex built in 1950; Two lower‑level units are occupied by long‑term tenants; Upper unit offers owner‑occupancy potential after preparation
More about this property
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