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6-Townhome Apartment Building with Basements
For Sale
$399,900

501 Thompson Street, Charleston, WV 25301

MULTI_FAMILY - Other - Charleston, WV

Property Size8,000 SF
Price / SF$49.99
Days on Market117

Property Features for 501 Thompson Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 13
Full bathrooms 5
Rooms Bathroom 2, Bedroom 3, Bedroom 5, Bedroom 4, Bathroom 5, Bedroom 11, Bathroom 1, Basement, Bedroom 13, Bedroom 9, Bathroom 4, Bedroom 1, Bedroom 10, Bedroom 7, Bedroom 6, Bedroom 12, Bathroom 3, Bedroom 2, Bedroom 8
Parking features On Street
Appliances Oven, Range, Refrigerator
Elementary school Piedmont
Middle school Horace Mann
High school Capital
Directions WASHINGTON STREET EAST FROM CAPITOL TO RIGHT ON Thompson
Subdivision Charleston Proper
Standard status Active
APN 11-0020-0111-0000-0000
Size 8,000 SF

Taxes and HOA fees

Tax Description LT 1 BK D 50X135 THOMPSON & JACKSON STREETS 1536
Tax Annual Amount 4771
Legal Description LT 1 BK D 50X135 THOMPSON & JACKSON STREETS 1536

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Floors in Building 2
Number of units 6
Flooring type Hardwood, Vinyl
Building materials Brick
Roof type Composition, Shingle
Architectural style Other
Listing Agency: Old Colony
Listed By: Misti Beach · License #0024400
Added: Apr 16 Changed: Aug 2 Last Checked: Aug 10 at 2:06AM
MLS# 282973

Copyright © 2026 Kanawha Valley Board of Realtors. 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 apartment building consists of six townhomes, each with a basement. The property is built with brick construction and includes a mix of flooring types, including hardwood and vinyl. Heating is provided by forced air natural gas systems and cooling is offered via central air. On-site parking is provided via on-street parking. Appliances include oven, range, and refrigerator, and the property is served by public water and public sewer.

The roof is approximately 10 years old. There have been some updates throughout, including HVAC improvements, with the exception of unit 6. Units are currently rented, and the property is being sold as-is.

Key Highlights

  • Six townhomes, each with a basement
  • 8000 SF brick apartment building with hardwood and vinyl flooring
  • Roof is approximately 10 years old

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Furniture & Home Goods Tanning Salon Carpet & Flooring Store Cosmetic Store

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

Lease Details

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,777
Businesses Nearby

Demographics for 25301, WV

2,908
Population
1,640
Households
1.8
Avg Household Size
47
Median Age
29%
College-Educated
83%
High-School Grad
1.3 sq mi
ZIP Area
2,237
Density / Sq Mi
$21,063
Median Household Income
$28,466
Median Earnings
$488
Median Rent
$188,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Six townhomes with basements, brick construction, and central air with natural gas forced-air heating.
Where is this apartment building located?
The property is located at 501 Thompson Street Charleston, WV.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Six townhomes, each with a basement; 8000 SF brick apartment building with hardwood and vinyl flooring; Roof is approximately 10 years old
More about this property
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