Detached Duplex with Multiple
565 E Brockway Avenue Morgantown, WV 26501
New
For Sale
$223,800
MULTI_FAMILY - Morgantown, WV
Property Size1,773 SF
Lot Size0.14 Acres
Price / SF$126.23
Days on Market2
Property Features for 565 E Brockway Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Neighborhood Mix Use
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 2, Basement, Bedroom 2, Bathroom 1
- Interior features
- Electric Stove Connection, Gas Stove Connection
- Appliances
- Dishwasher, Dryer, Range, Refrigerator, Washer
- Standard status
- Active
- Size
- 1,773 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BL 12, LOTS 15,16 E BROCKWAY AVE
- Tax Annual Amount
- 967
Utilities
- Heating system
- Electric (Heating), Baseboard, Natural Gas, Central
- Cooling system
- Ceiling Fan(s)
Building Details
- Year built
- 1910
- Floors in Building
- 4
- Number of units
- 2
- Flooring type
- Carpet - Full, Vinyl
- Building materials
- Block, Concrete
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency:
SNIDER REALTY GROUP
(304) 241-1150
Listed By:
MINDY TATAR
(304) 216-9968
Added: Jul 23
Last Checked: Jul 24 at 4:06AM
MLS# 10166049
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 detached duplex offers two income-producing units within a configuration spread across three floors for Unit A and a lower-level layout for Unit B. The property includes three decks/porches, a large garden area, a side yard, and backyard access to Pennsylvania Ave. A shared basement provides washer/dryer, and both units have separate electrical panels. The current letter of compliance is good until August 2028.
Unit A includes three bedrooms and one bath, plus two bonus rooms. Updates include LVP flooring installed in 2021 and a newer hot water heater installed in 2024, and it is leased through June 2027. Unit B is a one-bedroom lower-level apartment with an updated bathroom and kitchen flooring installed in 2025, a new water heater installed in 2026, and a lease through May 2027.
Tenant-paid gas and electric utilities are in place, while the owner pays water and garbage. Located near downtown and West Virginia University, the property is situated on three lots.
Unit A includes three bedrooms and one bath, plus two bonus rooms. Updates include LVP flooring installed in 2021 and a newer hot water heater installed in 2024, and it is leased through June 2027. Unit B is a one-bedroom lower-level apartment with an updated bathroom and kitchen flooring installed in 2025, a new water heater installed in 2026, and a lease through May 2027.
Tenant-paid gas and electric utilities are in place, while the owner pays water and garbage. Located near downtown and West Virginia University, the property is situated on three lots.
Key Highlights
- Detached duplex with 2 units: Unit A (3 bedrooms, 1 bath across 3 floors) and Unit B (1‑bedroom lower‑level apartment).
- Rental history info included: property generates $27,600+ per year in rental income and is leased through June 2027 (Unit A) and May 2027 (Unit B).
- Interior updates: Unit A has updated LVP flooring (2021) and a newer hot water heater (2024); Unit B has updated bathroom and kitchen flooring (2025) plus a new water heater (2026).
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 | $16.0k | $9.00 |
| − Vacancy | −$273 | −$0.15 |
| EGI | $15.7k | $8.85 |
| − OpEx | −$4.7k | −$2.65 |
| NOI | $11.0k | $6.19 |
1,773 SF · lease $9.00/SF/yr · vacancy 1.71% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$156.8K
$137.2K – $183.0K
NOI $10,979 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$144.5K
$126.4K – $168.5K
NOI $10,112 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$511.1K
$447.2K – $596.3K
NOI $35,779 @ 7.0% cap · market cap 15.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Detached duplex with two units, shared basement, tenant-paid utilities, and decks/porches on three lots.
Where is this duplex located?
The property is located at 565 E Brockway Avenue Morgantown, WV.
What is the asking price?
The asking price for this property is $223,800.
What are key features of this property?
This property features: Detached duplex with 2 units: Unit A (3 bedrooms, 1 bath across 3 floors) and Unit B (1‑bedroom lower‑level apartment).; Rental history info included: property generates $27,600+ per year in rental income and is leased through June 2027 (Unit A) and May 2027 (Unit B).; Interior updates: Unit A has updated LVP flooring (2021) and a newer hot water heater (2024); Unit B has updated bathroom and kitchen flooring (2025) plus a new water heater (2026).
