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Fairmont Rental Property Near University
For Sale
$137,500

605 Walnut Avenue, Fairmont, WV 26554

Rental property near Fairmont State University with recent renovations.

Property Size2,000 SF
Days on Market268

Property Features for 605 Walnut Avenue

General Information

Standard status Active
Size 2,000 SF
Property subtype Multi-Family

Amenities

Cable Ready
Forced Air
Baseboard
Natural Gas
Ceiling Fan(s)
Gas Water Heater
Range
Refrigerator
Gas Stove Connection
Cable Available, Shingle

Building Details

Building Size 2,000 SF
Year Built 1891
Stories 2
Listing Agency: OLD COLONY COMPANY OF MORGANTOWN
Listed By: Sarah Deweese
Source: Kw
Added: Nov 25, 2025 Changed: Aug 19 Last Checked: Aug 18 at 10:22PM

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 OLD COLONY COMPANY OF MORGANTOWN

Investment Insights

Based on property information with market context.

This rental property is situated conveniently close to Fairmont State University, Interstate 79, and various amenities. The property features a new roof and updated electrical panels. Renovations were completed on the downstairs unit in 2024. Both units include washer and dryer hookups. Off-street parking is available for tenants. Tenants are responsible for gas and electric utilities.

Key Highlights

  • Convenient location: Minutes from Fairmont State University, I79, and other conveniences.
  • Recent upgrades: New roof, electrical panels, and renovations to the downstairs unit completed in 2024.
  • Income potential: Rental property with tenants responsible for gas and electric.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Real Estate Agency Electrical Service Skin Care Clinic Bakery Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

846
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Rental property near Fairmont State University with recent renovations.
Where is this duplex located?
The property is located at 605 Walnut Avenue Fairmont, WV.
What is the asking price?
The asking price for this property is $137,500.
What are key features of this property?
This property features: Convenient location: Minutes from Fairmont State University, I79, and other conveniences.; Recent upgrades: **New roof, electrical panels, and renovations to the downstairs unit completed in 2024.**; Income potential: Rental property with tenants responsible for gas and electric.
More about this property
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