Clarksburg Multifamily Investment Opportunity

425 Hornor Avenue Clarksburg, WV 26301

Claim this Listing
For Sale
$110,000

MULTI_FAMILY - Clarksburg, WV

Property size:
1,902 SF
Lot size:
0.12 Acres
Price / SF:
$57/SF
Added:
May 29, 2026
Days on Market:
45
Last Refresh:
Jul 12 at 5:06 pm

Property Features for 425 Hornor Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Neighborhood Residential
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 3, Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 2
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
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

Utilities

Heating system
Electric (Heating), Baseboard

Building Details

Year built
1910
Floors in Building
2
Number of units
2
Flooring type
Laminate, Vinyl, Carpet - Full
Building materials
Frame
Roof type
Shingle
Architectural style
Other

Listing agent KELLY BOWIE License #WV0029132

Listing office BOWIE HOME & LAND, LLC 7509 Good Hope Pike, Jane Lew, WV

Listing date May 29, 2026

MLS# 10162711 Listing URL

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.

This multifamily property in Clarksburg, WV, presents an investment opportunity with two fully leased units, each featuring two bedrooms and one bathroom. The property includes off-street parking and a level yard. A newer roof and a new front covered porch enhance the building's appeal. The property's location offers convenient access to public transportation. The lot size is 0.12 acres, and the property size is 1902 square feet. The zoning is Neighborhood Residential.

Key Highlights

  • Two fully leased units providing immediate monthly income.
  • Convenient location with access to public transportation.
  • Newer roof.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $12.1k $6.36
− Vacancy −$483 −$0.25
EGI $11.6k $6.11
− OpEx −$3.5k −$1.83
NOI $8.1k $4.27
1,902 SF · lease $6.36/SF/yr · vacancy 3.99% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$116.1K
$101.6K – $135.5K (±1% cap)
NOI $8,130 @ 7.0% cap · market cap 7.39%
Second Best
Apartment 5plus
$106.5K
$93.2K – $124.3K (±1% cap)
NOI $7,456 @ 7.0% cap · market cap 6.78%
Theoretical Best
Specialty Retail
$376.3K
$329.3K – $439.1K (±1% cap)
NOI $26,343 @ 7.0% cap · market cap 23.95%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency (Bike/Boat/Book/etc) Store Garden Center Skin Care Clinic Locksmith (Bike/Boat/Book/etc) Store Grocery & Convenience Store Pharmacy Tech Support Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two fully leased units, generating monthly income in Clarksburg, WV.
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 fully leased units providing immediate monthly income.; Convenient location with access to public transportation.; Newer roof.
Contact an agent
More about this property
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