Six-Unit Duplex
New
For Sale
$585,000
843 Glendale Ave, Charleston, WV 25303
Three duplex buildings offer individual parking pads and storage units for all six residences.
Property Size4,960 SF
Price / SF$117.94
Days on Market7
Property Features for 843 Glendale Ave
General Information
Standard status
Active
Size
4,960 SF
Total Parking Spaces
6
Property subtype
Residential Income
Occupancy
100%
Additional Details
Public Transit
Yes
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$5,350
Amenities
storage unit
Building Details
Buildings
3
Tenancy
Multi
Listing Agency:
Berkshire Hathaway HomeServices Professional Realt
(304) 346-0300
Listed By:
Pamela Lewis · License #00027679
(304) 552-6049
Source:
Exprealty
Added: Oct 5
Changed: Oct 11
Last Checked: Oct 11 at 2:46PM
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 Berkshire Hathaway HomeServices Professional Realt
Investment Insights
Based on property information with market context.
This multifamily property consists of three duplex buildings with six units in total. Each residence has its own parking pad alongside the building and a separate storage unit. The property contains 4,960 square feet, and all six units are currently rented, including some with long-term renters.
The property is located near downtown Charleston, a hospital, and a bus line. Its six-unit configuration is arranged across three duplexes.
The property is located near downtown Charleston, a hospital, and a bus line. Its six-unit configuration is arranged across three duplexes.
Key Highlights
- Three duplex buildings containing 6 units
- All units are currently rented; some have long‑term renters
- 4,960 square feet of property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,983
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$639,660
$639.7K
Cap Rate 7%
$456,900
$456.9K
Cap Rate 9%
$355,367
$355.4K
Market Conditions
NOI Build-Up for 4,960 SF
Gross rent
$59.5K $12.00/SF
− Vacancy
−$1.4K −$0.28/SF
EGI
$58.2K $11.72/SF
− OpEx
−$26.2K −$5.28/SF
NOI
$32.0K $6.45/SF
Area
Kanawha County, WV
Vacancy
2.30%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$639,660
Cap Rate 7%
$456,900
Cap Rate 9%
$355,367
Alternative Uses
Best Use
Apartment 5plus
$456.9K
$399.8K – $533.1K
NOI $31,983 @ 7.0% cap · market cap 5.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$957.1K – $1.28M
NOI $76,567 @ 7.0% cap · market cap 13.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
Explore this area
Business Placement
Demographics for 25303, WV
6,946
Population
3,558
Households
2
Avg Household Size
42
Median Age
46%
College-Educated
98%
High-School Grad
3.6 sq mi
ZIP Area
1,929
Density / Sq Mi
$73,975
Median Household Income
$43,625
Median Earnings
$1,036
Median Rent
$167,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Three duplex buildings offer individual parking pads and storage units for all six residences.
Where is this multifamily property located?
The property is located at 843 Glendale Ave Charleston, WV.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Three duplex buildings containing 6 units; All units are currently rented; some have long‑term renters; 4,960 square feet of property
