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Duplex with Separate Utilities
For Sale
$223,000

321 and 323 Riverview Avenue, Westover, WV 26501

Multi-Unit/Income, Ranch, Westover, WV

Property Size1,750 SF
Lot Size0.20 Acres
Price / SF$127.43
Days on Market48

Property Features for 321 and 323 Riverview Avenue

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Zoning Single Family Residential
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1, Basement, Bedroom 5, Bedroom 6, Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 3
Parking features Off Street
Patio and Porch features Porch, Deck
Interior features Gas Stove Connection, Electric Stove Connection, Washer Connection, Electric Dryer Connection
Exterior features Porch, Deck, Private Yard
Appliances Range, Refrigerator, Washer, Dryer
Lot features Level
Elementary school Skyview Elementary
Middle school Westwood Middle
High school Morgantown High
Elementary school district Monongalia
Middle school district Monongalia
High school district Monongalia
Directions I-79 N to exit 152. US-19 toward Westover. Right onto Fairmont Rd. Left onto Riverview Ave. Subject property on left.
Subdivision Monongalia/Morgantown
Standard status Active
Size 1,750 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 28 Morgan HTS
Tax Annual Amount 1327
Legal Description Lot 28 Morgan HTS

Utilities

Heating system Natural Gas, Forced Air
Cooling system Electric, Central Air

Amenities

off-street parking
large backyard

Building Details

Year built 1940
Floors in Building 1
Number of units 2
Flooring type Vinyl, Tile, Wood
Building materials Frame, Block
Roof type Shingle
Architectural style Ranch
Listing Agency: REAL BROKER, LLC
Listed By: AUSTYN SKEEN
Added: Aug 24 Changed: Sep 16 Last Checked: Oct 10 at 5:06PM
MLS# 10166600

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.

Investment Insights

Based on property information with market context.

This 1,750-square-foot duplex in Westover includes two residential units with separate utilities. One unit is vacant, while the other is leased through August 2027. The property includes a basement, wood, vinyl, and tile flooring, forced-air natural gas heat, electric central air, and connections for gas or electric stoves and electric laundry equipment. Ranges, refrigerators, washers, and dryers are also included. Exterior features include a porch, deck, private yard, shingle roof, and off-street parking.

Built in 1940 on 0.203 acres, the ranch-style property is zoned Single Family Residential and located at 321 and 323 Riverview Avenue. Its Westover setting provides access to I-68 and I-79, with shopping, restaurants, downtown Morgantown, and WVU identified nearby. The separate utility setup and one vacant unit provide flexibility for an owner-occupant or continued rental use.

Key Highlights

  • Two‑unit duplex with 1,750 square feet of building area
  • Separate utilities for each unit
  • One unit vacant; the other leased through August 2027

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,836
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,720 $216.7K
Cap Rate 7%
$154,800 $154.8K
Cap Rate 9%
$120,400 $120.4K
Market Conditions
NOI Build-Up for 1,750 SF
Gross rent
$15.8K $9.00/SF
− Vacancy
−$269 −$0.15/SF
EGI
$15.5K $8.85/SF
− OpEx
−$4.6K −$2.65/SF
NOI
$10.8K $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%
$216,720
Cap Rate 7%
$154,800
Cap Rate 9%
$120,400

Alternative Uses

Best Use
Multifamily LT 5
$154.8K
$135.5K – $180.6K (±1% cap)
NOI $10,836 @ 7.0% cap · market cap 4.86%
Second Best
Apartment 5plus
$142.6K
$124.8K – $166.4K (±1% cap)
NOI $9,981 @ 7.0% cap · market cap 4.48%
Theoretical Best
Office A
$504.5K
$441.4K – $588.6K (±1% cap)
NOI $35,315 @ 7.0% cap · market cap 15.84%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store Locksmith Barber Shop

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

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

409
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Two residential units offer individual utilities, off-street parking, and access to a large backyard.
Where is this duplex located?
The property is located at 321 and 323 Riverview Avenue Westover, WV.
What is the asking price?
The asking price for this property is $223,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,750 square feet of building area; Separate utilities for each unit; One unit vacant; the other leased through August 2027
More about this property
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