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605 607 Junction Street, Morgantown, WV, 26505
Two-Unit Duplex with In-Place Leases

605 607 Junction Street Morgantown, WV 26505

New
For Sale
$285,000

MULTI_FAMILY - Morgantown, WV

Property Size1,781 SF
Lot Size0.26 Acres
Price / SF$160.02
Days on Market3

Property Features for 605 607 Junction Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Neighborhood Residential
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 4, Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
Parking features
Off Street
Patio and Porch features
Porch
Interior features
Electric Dryer Connection, Walk-in Closets, Washer Connection
Exterior features
Porch
Appliances
Dishwasher, Dryer, Range, Refrigerator, Washer
Standard status
Active
Size
1,781 SF
Lot size
0.26 Acres

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

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
Laminate, Carpet - Full, Vinyl, Wood
Building materials
Block, Frame
Roof type
Shingle
Architectural style
Other
Listing Agency: BEL-CROSS PROPERTIES, LLC
Listed By: DESTINY SYLVESTER · License #WVS190300676
Added: Jul 24 Last Checked: Jul 26 at 1:06AM
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.


Investment Insights

Based on property information with market context.

This duplex in Morgantown, WV includes two rental units. Unit 607 Junction Avenue is a 3-bedroom, 1-bath home with a spacious living room and a bright sunroom. Unit 605 Junction Avenue is a 1-bedroom or studio, 1-bath apartment with hardwood floors in the living room and kitchen, tile flooring in the bathroom, central air, and one dedicated off-street parking space with additional parking available on a first-come basis.

Both units are currently leased. Unit 607 is leased through July 22, 2027 and is generating $1,650 per month, with the tenant responsible for all utilities. Unit 605 is leased through May 20, 2027 and is generating $825 per month. For Unit 605, gas, water, sewer, and trash are included in the rent, and tenants are responsible for lawn care. Combined rent is $2,475 per month ($29,700 annually). Showings require 24-hour notice.

Zoned Neighborhood Residential, the property sits on a 0.26-acre lot and totals approximately 1,781 square feet.

Key Highlights

  • Duplex built in 1930 with two leased units on Junction Avenue
  • Unit 607: 3‑bed, 1‑bath with sunroom; leased through July 22, 2027 for $1,650/month (tenant pays utilities)
  • Unit 605: 1‑bed or studio, 1‑bath; leased through May 20, 2027 for $825/month (gas, water, sewer, trash included)

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 −$274 −$0.15
EGI $15.8k $8.85
− OpEx −$4.7k −$2.65
NOI $11.0k $6.19
1,781 SF · lease $9.00/SF/yr · vacancy 1.71% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$157.5K
$137.9K – $183.8K (±1% cap)
NOI $11,028 @ 7.0% cap · market cap 3.87%
Second Best
Apartment 5plus
$145.1K
$127.0K – $169.3K (±1% cap)
NOI $10,158 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$513.4K
$449.3K – $599.0K (±1% cap)
NOI $35,941 @ 7.0% cap · market cap 12.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Kitchen & Bath Showroom Storage Facility Daycare Center Furniture & Home Goods Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with two leased units, including a 3-bedroom/1-bath and a 1-bedroom-or-studio/1-bath apartment.
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: Duplex built in 1930 with two leased units on Junction Avenue; Unit 607: 3‑bed, 1‑bath with sunroom; leased through July 22, 2027 for $1,650/month (tenant pays utilities); Unit 605: 1‑bed or studio, 1‑bath; leased through May 20, 2027 for $825/month (gas, water, sewer, trash included)
More about this property
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