Two-Unit Home with Separate
419 Williams Ave, Williamstown, WV 26187
For Sale
$349,900
A screened porch links the main residence and apartment, with each living area offering its own kitchen and laundry.
Property Size3,480 SF
Price / SF$100.55
Days on Market106
Property Features for 419 Williams Ave
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
screened-in porch
storage shed
fenced backyard
Building Details
Year Built
Buildings
Construction
Listing Agency:
Century 21 Full Service, LLC.
Listed By:
Amy Medley
(740) 374-8900
Source:
Greaterclevelandhomesforsale
Added: Jul 31
Changed: Nov 10
Last Checked: Nov 10 at 2:11PM
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 Century 21 Full Service, LLC.
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Investment Insights
Based on property information with market context.
Built in 1911, this 3,480-square-foot property combines a main residence with a separate apartment. The main home has four bedrooms, two full bathrooms, an eat-in kitchen, living areas with decorative fireplaces, and main-level laundry. The apartment adds two bedrooms, a full bathroom, a second kitchen, its own living space, and laundry. A screened porch provides a connection between the two areas.
The property also includes a detached one-car garage with an attached storage shed, driveway parking, and a mostly fenced, level backyard. HVAC units have been updated, and the slate roof is monitored; newer metal roofing is also present. Nearby amenities include parks, a library, and coffee shops.
The property also includes a detached one-car garage with an attached storage shed, driveway parking, and a mostly fenced, level backyard. HVAC units have been updated, and the slate roof is monitored; newer metal roofing is also present. Nearby amenities include parks, a library, and coffee shops.
Key Highlights
- 3,480‑square‑foot property with a four‑bedroom main residence and two‑bedroom apartment
- Separate apartment includes a kitchen, full bathroom, living area, and laundry
- Main residence has an eat‑in kitchen, decorative fireplaces, and main‑level laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,210
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,200
$324.2K
Cap Rate 7%
$231,571
$231.6K
Cap Rate 9%
$180,111
$180.1K
Market Conditions
NOI Build-Up for 3,480 SF
Gross rent
$24.6K $7.08/SF
− Vacancy
−$1.5K −$0.43/SF
EGI
$23.2K $6.65/SF
− OpEx
−$6.9K −$2.00/SF
NOI
$16.2K $4.66/SF
Area
Wood County, WV
Vacancy
6.01%
Lease Rate
$7.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,200
Cap Rate 7%
$231,571
Cap Rate 9%
$180,111
Alternative Uses
Best Use
Multifamily LT 5
$231.6K
$202.6K – $270.2K
NOI $16,210 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$202.8K
$177.5K – $236.7K
NOI $14,199 @ 7.0% cap · market cap 4.06%
Theoretical Best
Office A
$959.3K
$839.4K – $1.12M
NOI $67,150 @ 7.0% cap · market cap 19.19%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
216
Businesses Nearby
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Business Placement
Demographics for 26187, WV
6,209
Population
2,921
Households
2.1
Avg Household Size
45
Median Age
35%
College-Educated
96%
High-School Grad
21.5 sq mi
ZIP Area
289
Density / Sq Mi
$80,714
Median Household Income
$44,571
Median Earnings
$865
Median Rent
$183,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - A screened porch links the main residence and apartment, with each living area offering its own kitchen and laundry.
Where is this duplex located?
The property is located at 419 Williams Ave Williamstown, WV.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 3,480‑square‑foot property with a four‑bedroom main residence and two‑bedroom apartment; Separate apartment includes a kitchen, full bathroom, living area, and laundry; Main residence has an eat‑in kitchen, decorative fireplaces, and main‑level laundry
