Two-Unit Duplex with
For Sale
$110,000
425 Hornor Avenue, Clarksburg, WV 26301
Multi-Unit/Income, Two Story, Clarksburg, WV
Property Size1,902 SF
Lot Size0.12 Acres
Price / SF$57.83
Days on Market120
Property Features for 425 Hornor Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Neighborhood Residential
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Basement, Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 1
Parking features
Off Street
Patio and Porch features
Porch
Interior features
Electric Stove Connection, Washer Connection, Electric Dryer Connection
Exterior features
Porch
Appliances
Range, Refrigerator
Lot features
Level
View
City
Elementary school
Nutter Fort Primary/Intermediate
Middle school
Liberty Middle
High school
Robert C. Byrd High
Elementary school district
Harrison
Middle school district
Harrison
High school district
Harrison
Directions
Rt 50 West to Chestnut St. Exit. (L) on Hornor Ave. Property on (R) across from old WI School.
Subdivision
Harrison/Clarksburg
Standard status
Active
Size
1,902 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
1 LOT PT3-4 COLONIAL HTS
Tax Annual Amount
1277
Legal Description
1 LOT PT3-4 COLONIAL HTS
Utilities
Heating system
Electric (Heating), Baseboard
Amenities
off-street parking
level yard
covered porch
Building Details
Year built
1910
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Laminate, Carpet - Full
Building materials
Frame
Roof type
Shingle
Architectural style
Other
Listing Agency:
BOWIE HOME & LAND, LLC
(304) 884-5575
Listed By:
KELLY BOWIE · License #WV0029132
(304) 745-4760
Added: May 29
Changed: Sep 14
Last Checked: Sep 25 at 4:06AM
MLS# 10162711
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.
Located at 425 Hornor Avenue in Clarksburg, this two-story duplex contains 1,902 square feet on a 0.12-acre lot. The property includes two leased units, each configured with two bedrooms and one bathroom. A covered front porch, level yard, and off-street parking provide practical exterior features, while the newer shingle roof adds a recent building improvement.
Interior amenities include electric stove, washer, and dryer connections, along with a range and refrigerator. Heating is provided by electric baseboard systems. The 1910 frame structure includes vinyl, carpet, and laminate flooring, plus a basement. The property is within the Neighborhood Residential zoning designation and is served by access to public transportation.
Interior amenities include electric stove, washer, and dryer connections, along with a range and refrigerator. Heating is provided by electric baseboard systems. The 1910 frame structure includes vinyl, carpet, and laminate flooring, plus a basement. The property is within the Neighborhood Residential zoning designation and is served by access to public transportation.
Key Highlights
- Two leased units, each with 2 bedrooms and 1 bathroom
- 1,902 square feet on a 0.12‑acre lot
- Off‑street parking and a level yard
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$8,130
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$162,600
$162.6K
Cap Rate 7%
$116,143
$116.1K
Cap Rate 9%
$90,333
$90.3K
Market Conditions
NOI Build-Up for 1,902 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$12.1K $6.36/SF
− Vacancy
−$483 −$0.25/SF
EGI
$11.6K $6.11/SF
− OpEx
−$3.5K −$1.83/SF
NOI
$8.1K $4.27/SF
Area
Harrison County, WV
Vacancy
3.99%
Lease Rate
$6.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$162,600
Cap Rate 7%
$116,143
Cap Rate 9%
$90,333
Alternative Uses
Best Use
Multifamily LT 5
$116.1K
$101.6K – $135.5K
NOI $8,130 @ 7.0% cap · market cap 7.39%
Second Best
Apartment 5plus
$106.5K
$93.2K – $124.3K
NOI $7,456 @ 7.0% cap · market cap 6.78%
Theoretical Best
Specialty Retail
$376.3K
$329.3K – $439.1K
NOI $26,343 @ 7.0% cap · market cap 23.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
923
Businesses Nearby
Explore this area
Business Placement
Demographics for 26301, WV
28,586
Population
13,875
Households
2.1
Avg Household Size
42
Median Age
22%
College-Educated
86%
High-School Grad
77.1 sq mi
ZIP Area
371
Density / Sq Mi
$49,773
Median Household Income
$34,594
Median Earnings
$772
Median Rent
$123,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Fully leased duplex with off-street parking, a level yard, and tenant utility connections.
Where is this duplex located?
The property is located at 425 Hornor Avenue Clarksburg, WV.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Two leased units, each with 2 bedrooms and 1 bathroom; 1,902 square feet on a 0.12‑acre lot; Off‑street parking and a level yard
