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    605 Walnut Ave Fairmont, WV 26554

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    For Sale
    $150,000

    Rental property near Fairmont State University with recent renovations.

    Property Features for 605 Walnut Ave

    General Information

    Exterior features
    exterior_features, : ["Partial", "Shingles"]
    Interior features
    Interior Feature 1, : "Baseboards", "Interior Feature 2": "Forced Air", "Interior Feature 3": "Gas", "Interior Feature 4": "Ceiling Fan(s)", "Interior Feature 5": "Range", "Interior Feature 6": "Refrigerator"

    Building Details

    Year built
    1891

    Source: OLD COLONY COMPANY OF MORGANTOWN Agent OLD COLONY COMPANY OF MORGANTOWN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fairmont Rental Property Near University

    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.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairmont
    County
    Marion
    State
    West Virginia
    Longitude
    -80.15132
    Latitude
    39.47828

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    FAQs

    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 Ave Fairmont, WV.
    What is the asking price?
    The asking price for this property is $150,000.
    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.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    605 Walnut Ave Fairmont, WV 26554
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