Victorian 5-Unit Apartment
New
For Sale
$250,000
508 Fairmont Avenue, Fairmont, WV 26554
Multi-Unit/Income, Victorian, Fairmont, WV
Property Size4,928 SF
Lot Size0.21 Acres
Price / SF$50.73
Days on Market2
Property Features for 508 Fairmont Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Main Corridor Commercial
Bedrooms
8
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 5, Bathroom 1, Bedroom 5, Bedroom 7, Basement, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 4, Bedroom 8, Bathroom 3, Bedroom 6
Parking features
Off Street
Patio and Porch features
Porch
Interior features
Electric Dryer Connection, Fireplace
Exterior features
Porch
Fireplace
1
Appliances
Range, Refrigerator
Lot features
Level
View
City
Elementary school
Watson Elementary
Middle school
West Fairmont Middle
High school
Fairmont Sr. High
Elementary school district
Marion
Middle school district
Marion
High school district
Marion
Directions
I-79 South to Downtown (connector) exit, turn left onto Merchant Street, Let at stop light onto Rt. 250, building on left.
Subdivision
Marion/Fairmont
Standard status
Active
Size
4,928 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
P/O BLK 19 LS 20-21-22 FMT AVE
Tax Annual Amount
3308
Legal Description
P/O BLK 19 LS 20-21-22 FMT AVE
Utilities
Heating system
Hot Water(Heating), Forced Air, Baseboard, Natural Gas
Cooling system
Central Air, Ceiling Fan(s)
Amenities
common laundry area
Building Details
Year built
1900
Floors in Building
3
Number of units
5
Flooring type
Wood
Building materials
Frame
Roof type
Shingle
Architectural style
Victorian
Listing Agency:
FLOYD REAL ESTATE, INC
(304) 367-9898
Listed By:
AMI STARN · License #WV0026586
(304) 476-4946
Added: Sep 9
Last Checked: Sep 10 at 7:06AM
MLS# 10166872
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.
Built in 1900, this 4,928-square-foot Victorian apartment property contains five furnished rental units, with four currently occupied. The frame building includes wood flooring, fireplaces, a porch, central air, multiple heating systems, and a shingle roof. A shared laundry area serves the property, while off-street parking and a detached two-stall garage provide additional on-site utility.
The property occupies 0.207 acres at 508 Fairmont Avenue in Fairmont, West Virginia. Its Main Corridor Commercial zoning is complemented by access to downtown Fairmont, shopping, restaurants, and Fairmont State University. Range and refrigerator appliances are included, and the existing layout includes eight bedrooms and five bathrooms.
The property occupies 0.207 acres at 508 Fairmont Avenue in Fairmont, West Virginia. Its Main Corridor Commercial zoning is complemented by access to downtown Fairmont, shopping, restaurants, and Fairmont State University. Range and refrigerator appliances are included, and the existing layout includes eight bedrooms and five bathrooms.
Key Highlights
- Five furnished rental units, with 4 currently occupied
- 4,928 square feet on 0.207 acres
- Main Corridor Commercial zoning
Property Analytics
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Current Use
Lease Details
5
Residential units
80%
Occupancy
Location Intelligence
Trade Area within ½ mile
886
Businesses Nearby
Explore this area
Business Placement
Demographics for 26554, WV
42,133
Population
19,688
Households
2.1
Avg Household Size
40
Median Age
30%
College-Educated
94%
High-School Grad
131.9 sq mi
ZIP Area
319
Density / Sq Mi
$69,271
Median Household Income
$40,688
Median Earnings
$931
Median Rent
$181,800
Median Home Value
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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?
Apartment building - Furnished rental units include shared laundry, off-street parking, and a detached two-stall garage.
Where is this apartment building located?
The property is located at 508 Fairmont Avenue Fairmont, WV.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Five furnished rental units, with 4 currently occupied; 4,928 square feet on 0.207 acres; Main Corridor Commercial zoning
