Four-Unit Residential Rental
For Sale
$189,900
403 Lee Road, Follansbee, WV 26037
Occupied rentals combine detached homes, mobile homes, garage space, and recent exterior work.
Property Size720 SF
Days on Market73
Property Features for 403 Lee Road
General Information
Standard status
Active
Size
720 SF
Property subtype
Residential Income
Occupancy
100%
Property Condition
Severity
Repairs Needed
Evidence
in need of work
Units
Unit Mix
1 x 1BR/1BA, 1 x 2BR/1BA, 1 x 2BR/1BA, 1 x 2BR
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$1,560
Building Details
Building Size
720 SF
Year Built
1965
Buildings
1
Stories
1
Listing Agency:
LPT Realty, LLC
(304) 919-9085
Listed By:
Lisa M Straight · License #2024000570
(304) 919-9085
Source:
Carolgoffrealestate
Added: Jun 20
Changed: Aug 30
Last Checked: Aug 30 at 10:04PM
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 LPT Realty, LLC
Investment Insights
Based on property information with market context.
This four-unit residential property includes two houses and two mobile homes on one parcel, with all units currently rented to long-term tenants. The unit mix includes one one-bedroom home with a bonus room, sunporch, and laundry area; a two-bedroom home with a two-car attached garage and additional storage garage; and two two-bedroom mobile homes. Appliances are included in the homes and mobile units where specified, including stoves and refrigerators, while the fourth unit also has an electric furnace and electric hot water tank.
Exterior work includes new 2025 metal roofs on both houses, related gutter, downspout, soffit, and fascia improvements, and 2025 exterior paint on the second house. The mobile homes have roof coatings, with the fourth unit also receiving exterior paint and shutters approximately one year ago. Fenced and front yards, side parking, a front porch, and garage or storage areas add functional site features. The property was built in 1965 and is located at 403 Lee Road in Follansbee, West Virginia.
Exterior work includes new 2025 metal roofs on both houses, related gutter, downspout, soffit, and fascia improvements, and 2025 exterior paint on the second house. The mobile homes have roof coatings, with the fourth unit also receiving exterior paint and shutters approximately one year ago. Fenced and front yards, side parking, a front porch, and garage or storage areas add functional site features. The property was built in 1965 and is located at 403 Lee Road in Follansbee, West Virginia.
Key Highlights
- Four‑unit property with two houses and two mobile homes
- All four units are currently rented with long‑term tenants in place
- New 2025 metal roofs on both houses
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
225
Businesses Nearby
Explore this area
Business Placement
Demographics for 26037, WV
6,365
Population
2,993
Households
2.1
Avg Household Size
47
Median Age
21%
College-Educated
92%
High-School Grad
6.8 sq mi
ZIP Area
936
Density / Sq Mi
$56,713
Median Household Income
$47,155
Median Earnings
$623
Median Rent
$130,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Occupied rentals combine detached homes, mobile homes, garage space, and recent exterior work.
Where is this quadplex located?
The property is located at 403 Lee Road Follansbee, WV.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Four‑unit property with two houses and two mobile homes; All four units are currently rented with long‑term tenants in place; New 2025 metal roofs on both houses
