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411 & 413 Faulkner Ave, Martinsburg, WV 25401

Two-building multifamily property with every apartment currently leased and recent exterior and water-heater updates.

Property SizeContact for details
Days on Market141

Property Features for 411 & 413 Faulkner Ave

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Atoka Properties
Listed By: Josh Beall · License #WV B200300595
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 7:16PM

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 Atoka Properties

Investment Insights

Based on property information with market context.

This multifamily property comprises two apartment buildings containing six units in total. The buildings are configured with two units at 413 Faulkner Ave and four units at 411 Faulkner Ave, with all apartments currently leased. Floor plans and current rent information are available in the property documents.

Recent improvements include a metal roof that was painted approximately two years ago and replacement siding completed approximately five years ago. The property also includes six hot water heaters, each approximately three years old, providing updated building equipment across the two structures.

Key Highlights

  • Six‑unit multifamily property divided between two apartment buildings
  • All units are currently leased
  • Two units at 413 Faulkner Ave and four units at 411 Faulkner Ave

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Acupuncture Butcher Locksmith Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,162
Businesses Nearby

Demographics for 25401, WV

15,086
Population
6,841
Households
2.2
Avg Household Size
38
Median Age
23%
College-Educated
86%
High-School Grad
5.8 sq mi
ZIP Area
2,601
Density / Sq Mi
$49,157
Median Household Income
$33,147
Median Earnings
$1,014
Median Rent
$221,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-building multifamily property with every apartment currently leased and recent exterior and water-heater updates.
Where is this apartment building located?
The property is located at 411 & 413 Faulkner Ave Martinsburg, WV.
What are key features of this property?
This property features: Six‑unit multifamily property divided between two apartment buildings; All units are currently leased; Two units at 413 Faulkner Ave and four units at 411 Faulkner Ave
More about this property
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