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Duplex Building with Carport
For Sale
$225,000

503 River St, Gassaway, WV 26624

MULTI_FAMILY - Gassaway, WV

Property Size1,800 SF
Lot Size0.12 Acres
Price / SF$125
Days on Market95

Property Features for 503 River St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1
Parking features Carport
Patio and Porch features Deck
Interior features Walk-In Closet(s)
High school district BRAXTON COUNTY SCHOOLS
Directions From I-79, left onto Rt 4, approx 4 miles to Gassaway, go across bridge and make a right at the 2nd light, property is 2nd building on the right after the fire department.
Standard status Active
Size 1,800 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 692

Utilities

Heating system Natural Gas
Water source Public

Building Details

Year built 1920
Floors in Building 2
Flooring type Laminate
Building materials Vinyl Siding, Masonite
Roof type Metal
Listing Agency: Central WV Real Estate, LLC
Listed By: Lisa Rader
Added: May 17 Changed: Aug 14 Last Checked: Aug 19 at 12:06PM
MLS# 11776876

Copyright © 2026 My State MLS. 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.

Income-producing duplex building in the Town of Gassaway, Braxton County, WV. The two-story property includes two finished apartments that have been updated, plus an unfinished lower level that could be used for a new business or additional apartment. Interior features include walk-in closet(s), and flooring is listed as laminate. Heating is natural gas, and the building has public water.

Exterior features include vinyl siding and a metal roof, along with a small side yard and off-street parking. There is a deck and a 30 X 15 carport. The building is across from the Rails and Trails recreation area, walking distance to the Elk River, and less than 4 miles to I-79.

The property was built in 1920.

Key Highlights

  • Two updated finished apartments plus an unfinished lower level
  • 30 X 15 carport and off‑street parking with a small side yard
  • Across from the Rails and Trails recreation area; walking distance to the Elk River

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Auto Parts Store Pharmacy Big Box & Wholesale Store Furniture & Home Goods Skin Care Clinic

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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

156
Businesses Nearby

Demographics for 26624, WV

2,507
Population
1,339
Households
1.9
Avg Household Size
47
Median Age
14%
College-Educated
83%
High-School Grad
78.4 sq mi
ZIP Area
32
Density / Sq Mi
$38,770
Median Household Income
$29,545
Median Earnings
$436
Median Rent
$89,100
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?
Duplex - Duplex with two updated finished apartments, an unfinished lower level, off-street parking, and a deck.
Where is this duplex located?
The property is located at 503 River St Gassaway, WV.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two updated finished apartments plus an unfinished lower level; 30 X 15 carport and off‑street parking with a small side yard; Across from the Rails and Trails recreation area; walking distance to the Elk River
More about this property
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