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Six-Unit Multifamily Building
For Sale
$749,000

320 Watts Street, Morgantown, WV 26501

Established apartments support long-term, furnished, and blended rental formats with off-street parking and operating furnishings included.

Property SizeContact for details
Days on Market43

Property Features for 320 Watts Street

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Furnished Yes
Multifamily Units 6

Amenities

in-unit laundry
dishwasher
stainless steel appliances
off-street parking
storage space
Cable Ready
Wall Furnace
Natural Gas
Ceiling Fan(s)
Window Unit(s)
Electric
Forced Air
Electric Water Heater
Dishwasher
Dryer
Microwave
Range
Refrigerator
Washer
Electric Stove Connection
Patio, Cable Available, Cable Connected, High Speed Internet Ready, Separated Utilities, Shingle

Building Details

Year Built 1930
Buildings 1
Stories 3
Listing Agency: KLM PROPERTIES
Listed By: John Whisler
Source: Kw
Added: Jul 15 Changed: Aug 25 Last Checked: Aug 25 at 4:44PM

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 KLM PROPERTIES

Investment Insights

Based on property information with market context.

This 4,800-square-foot multifamily property contains six apartments ranging from approximately 600 to 900 square feet. Unit layouts vary, and each apartment includes essential appliances; select residences add in-unit laundry, dishwashers, and stainless steel appliances. Furnishings and household items used in the furnished rental operation convey with the property. Generous storage areas and off-street parking provide practical support for residents, guests, and ongoing operations.

The building is located at 320 Watts St in Morgantown’s South Park Historic District, with access to downtown Morgantown, WVU, healthcare facilities, local employers, dining, shopping, and recreation. Rental operations have included long-term leases as well as furnished short- and mid-term stays through Airbnb and Furnished Finder. The roof was replaced in 2022, and a City of Morgantown Letter of Compliance is valid through May 2029.

Key Highlights

  • Six‑unit multifamily property totaling 4,800 square feet
  • Apartments range from approximately 600 to 900 square feet
  • Long‑term leases plus furnished short- and mid‑term rental history

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick HVAC Service Garden Center Nail Salon Storage Facility Kitchen & Bath Showroom Daycare 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

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,344
Businesses Nearby

Demographics for 26501, WV

19,200
Population
9,541
Households
2
Avg Household Size
38
Median Age
45%
College-Educated
94%
High-School Grad
58.5 sq mi
ZIP Area
328
Density / Sq Mi
$62,173
Median Household Income
$34,949
Median Earnings
$914
Median Rent
$213,000
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 - Established apartments support long-term, furnished, and blended rental formats with off-street parking and operating furnishings included.
Where is this apartment building located?
The property is located at 320 Watts Street Morgantown, WV.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Six‑unit multifamily property totaling 4,800 square feet; Apartments range from approximately 600 to 900 square feet; Long‑term leases plus furnished short- and mid‑term rental history
More about this property
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