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Income-Producing Apartment Complex For Sale
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706 Gladstone Street, Parkersburg, WV 26101

Six-unit apartment complex with expansion potential in Parkersburg, WV.

Days on Market72

Property Features for 706 Gladstone Street

General Information

Standard status Active
Property subtype Multifamily

Building Details

Year Built 2012
Listing Agency: One Team Realty
Listed By: Kimberly Smith · License #210301367
Source: Crexi
Added: May 21 Changed: Jul 10 Last Checked: Jul 30 at 2:24PM

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 One Team Realty

Investment Insights

Based on property information with market context.

This income-producing 6-unit apartment complex, constructed in 2012, presents an investment opportunity with cash flow and future expansion potential. The property features duplex-style units, each with 4 bedrooms, 2 full baths, and 2 half baths. The complex is operating at 100% occupancy, with tenants responsible for all utilities. The property includes 3 additional vacant lots, offering potential for future development or expansion. The location is near schools, parks, shopping, restaurants, grocery stores, and healthcare, contributing to tenant demand in the rental market. This property is intended for investors seeking income and long-term growth potential.

Key Highlights

  • Income‑producing 6‑unit apartment complex with 100% occupancy
  • Spacious duplex‑style units with 4 bedrooms and 2.5 baths
  • Tenants pay all utilities, minimizing operating expenses

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Garden Center Storage Facility Electrical Service

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

340
Businesses Nearby

Demographics for 26101, WV

28,337
Population
14,134
Households
2
Avg Household Size
41
Median Age
16%
College-Educated
84%
High-School Grad
30.8 sq mi
ZIP Area
920
Density / Sq Mi
$45,556
Median Household Income
$31,511
Median Earnings
$759
Median Rent
$107,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Six-unit apartment complex with expansion potential in Parkersburg, WV.
Where is this apartment building located?
The property is located at 706 Gladstone Street Parkersburg, WV.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Income‑producing 6‑unit apartment complex with 100% occupancy; Spacious duplex‑style units with 4 bedrooms and 2.5 baths; Tenants pay all utilities, minimizing operating expenses
More about this property
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