Listing Agency: Red Brick Properties

Listed By: Michael DiCenso · License #WVA250040402

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 5:06PM

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Investment Insights

Based on property information with market context.

This four-unit property at 381 Forest Avenue includes a separate entrance for each unit. Recent improvements include new siding and a deck, adding updated exterior elements to the property.

The quadplex is located near downtown, a campus, and a hospital, with surrounding areas also nearby. Showings require at least 24-hour notice.

Key Highlights

• Four‑unit property with separate entrances for each unit
• New siding recently added
• Deck recently added

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Daycare Center Garden Center (Bike/Boat/Book/etc) Store Pharmacy Kitchen & Bath Showroom

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

4

Residential units

Location Intelligence

Trade Area within ½ mile

1,519

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Quadplex - Four units offer individual access, complemented by recently added siding and a deck.

Where is this quadplex located?

The property is located at 381 Forest Avenue Morgantown, WV.

What are key features of this property?

This property features: Four‑unit property with separate entrances for each unit; New siding recently added; Deck recently added