Two-Unit
For Sale
$285,000
605 607 Junction Street, Morgantown, WV 26505
Multi-Unit/Income, Two Story, Morgantown, WV
Property Size1,781 SF
Lot Size0.26 Acres
Price / SF$160.02
Days on Market95
Property Features for 605 607 Junction Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Neighborhood Residential
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Basement, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 1
Parking features
Off Street
Patio and Porch features
Porch
Interior features
Washer Connection, Electric Dryer Connection, Walk-in Closets
Exterior features
Porch
Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Lot features
Sloping
Elementary school
Suncrest Elementary
Middle school
Suncrest Middle
High school
Morgantown High
Elementary school district
Monongalia
Middle school district
Monongalia
High school district
Monongalia
Directions
From Downtown Morgantown Willey St turns slightly right and becomes University Ave 0.4 mi, Turn right onto Stewart St 0.5 mi, Turn right onto Junction St and Destination will be on the left
Subdivision
Monongalia/Morgantown
Standard status
Active
Size
1,781 SF
Lot size
0.26 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
BL D PT LOTS 2, 3 & 4 or .1335 AC 607 JUNCTION ST
Tax Annual Amount
2548
Legal Description
BL D PT LOTS 2, 3 & 4 or .1335 AC 607 JUNCTION ST
Utilities
Heating system
Natural Gas
Cooling system
Gas (Cooling), Central Air, Ceiling Fan(s)
Building Details
Year built
1930
Floors in Building
3
Number of units
2
Flooring type
Wood, Laminate, Vinyl, Carpet - Full
Building materials
Block, Frame
Roof type
Shingle
Architectural style
Other
Listing Agency:
BEL-CROSS PROPERTIES, LLC
(304) 296-7930
Listed By:
DESTINY SYLVESTER
(304) 685-9287
Added: Jul 24
Changed: Oct 25
Last Checked: Oct 26 at 8:06AM
MLS# 10166067
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.
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Investment Insights
Based on property information with market context.
This 1,781-square-foot duplex contains two residences on a 0.26-acre parcel and was built in 1930. One unit has three bedrooms and one bathroom, plus a living room and sunroom. The second unit has one bathroom, central air, hardwood flooring in the living room and kitchen, and tile in the bathroom. Off-street parking includes one dedicated space for the second unit, with additional parking available on a first-come basis. A porch, basement, walk-in closets, washer and dryer connections, and a range, dishwasher, and refrigerator are also listed among the property features.
Both residences are leased, with terms ending July 22, 2027, and May 20, 2027. The property is in Morgantown near WVU, Ruby Memorial Hospital, and Mon Health Medical Center. Zoning is Neighborhood Residential.
Both residences are leased, with terms ending July 22, 2027, and May 20, 2027. The property is in Morgantown near WVU, Ruby Memorial Hospital, and Mon Health Medical Center. Zoning is Neighborhood Residential.
Key Highlights
- Two residences with leases through July 22, 2027, and May 20, 2027
- 1,781 square feet on a 0.26‑acre parcel
- One residence has 3 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,028
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$220,560
$220.6K
Cap Rate 7%
$157,543
$157.5K
Cap Rate 9%
$122,533
$122.5K
Market Conditions
NOI Build-Up for 1,781 SF
Gross rent
$16.0K $9.00/SF
− Vacancy
−$274 −$0.15/SF
EGI
$15.8K $8.85/SF
− OpEx
−$4.7K −$2.65/SF
NOI
$11.0K $6.19/SF
Area
Monongalia County, WV
Vacancy
1.71%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$220,560
Cap Rate 7%
$157,543
Cap Rate 9%
$122,533
Alternative Uses
Best Use
Multifamily LT 5
$157.5K
$137.9K – $183.8K
NOI $11,028 @ 7.0% cap · market cap 3.87%
Second Best
Apartment 5plus
$145.1K
$127.0K – $169.3K
NOI $10,158 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$513.4K
$449.3K – $599.0K
NOI $35,941 @ 7.0% cap · market cap 12.61%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
425
Businesses Nearby
Explore this area
Business Placement
Demographics for 26505, WV
39,057
Population
19,220
Households
2
Avg Household Size
27
Median Age
55%
College-Educated
93%
High-School Grad
12.6 sq mi
ZIP Area
3,100
Density / Sq Mi
$42,275
Median Household Income
$24,042
Median Earnings
$942
Median Rent
$265,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two occupied residences have separate layouts, and utility responsibilities differ between the units.
Where is this duplex located?
The property is located at 605 607 Junction Street Morgantown, WV.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Two residences with leases through July 22, 2027, and May 20, 2027; 1,781 square feet on a 0.26‑acre parcel; One residence has 3 bedrooms and 1 bathroom
