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2-Unit Multifamily Property

506 Victoria Ave, Parkersburg, WV 26101

For Sale
New
$159,000

A rented main residence and separate garage apartment provide two distinct living spaces.

Property SizeContact for details
Days on Market5

Property Features for 506 Victoria Ave

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Additional Details

Tenant in Place Yes

Building Details

Year Built 1956
Listing Agency: PMC Realty Services
Listed By: Garett Smith · License #220302129
Source: Themucciteam
Added: Nov 5 Changed: Nov 8 Last Checked: Nov 8 at 5:12PM

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 PMC Realty Services

Rey
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Investment Insights

Based on property information with market context.

At 506 Victoria Ave in Parkersburg, this 1956 property comprises a main home and a separate apartment above the garage. The house has 2 bedrooms and 1 bathroom; the apartment has 1 bedroom and 1 bathroom. Both residences are currently rented.

Key Highlights

  • Two residences, each currently rented
  • Main home: 2 bedrooms and 1 bathroom
  • Separate garage apartment: 1 bedroom and 1 bathroom

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

105
Businesses Nearby

Demographics for 26101, WV

28,337
Population
14,134
Households
2
Avg Household Size
41
Median Age
16%
College-Educated
84%
High-School Grad
30.8 sq mi
ZIP Area
920
Density / Sq Mi
$45,556
Median Household Income
$31,511
Median Earnings
$759
Median Rent
$107,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Multifamily properties in Wood County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - A rented main residence and separate garage apartment provide two distinct living spaces.
Where is this multifamily property located?
The property is located at 506 Victoria Ave Parkersburg, WV.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: Two residences, each currently rented; Main home: 2 bedrooms and 1 bathroom; Separate garage apartment: 1 bedroom and 1 bathroom
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