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    Elkins, WV
    Multifamily

    Elkins, WV Multifamily Properties for Sale

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    Kerens, WV Montrose, WV Mabie, WV Junior, WV Belington, WV Beverly, WV Valley Bend, WV Ellamore, WV
    Apartment Building with Garage Space
    Updated: Jul 17
    Apartment Building with Garage Space

    3 Graham Street, Elkins, WV 26241

    $635,000
    11,144 sqft 0.19 AC lot
    Multi‑use property in downtown Elkins with 4 fully occupied residential units plus a separate two‑story residence
    Residential unit mix: three 2‑bedroom, 1‑bath apartments and one 1‑bedroom, 1‑bath apartment
    First floor includes 3,700+ SF of garage and storage space with high ceilings and a concrete floor
    Separate two‑story home offers 4 bedrooms and 2 full bathrooms, with central heat and central air
    Corner lot with fenced yard, plus exterior features including a porch and balcony
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    Downtown Elkins Mixed-Use Investment
    Updated: May 22
    Downtown Elkins Mixed-Use Investment

    214 & 214 1/2 Third Street, Elkins, WV 26241

    $850,000
    8,917 sqft 0.14 AC lot
    Prime downtown location with excellent storefront exposure.
    Fully renovated commercial space with 4 modern apartments.
    Strong income value from established commercial tenant and fully occupied apartments.
    All new appliances and HVAC systems in apartments.
    Desirable location for dining, shopping, and entertainment.
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    Historic Downtown Multifamily Building
    Historic Downtown Multifamily Building

    121 Third Street, Elkins, WV 26241

    $300,000
    12,997 sqft 0.14 AC lot

    Historic downtown multifamily building features original woodwork, brick architecture, and flooring throughout each unit.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Multifamily Property with Cottage
    Multifamily Property with Cottage

    601 & 601 1/2 North Avenue, Elkins, WV 26241

    $239,900
    2,946 sqft 0.15 AC lot

    Well-maintained multifamily building offers four apartments plus a separate one-bedroom, one-bath cottage behind the property.

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    Income-Producing Fourplex with Expansion Potential
    Income-Producing Fourplex with Expansion Potential

    90 Johnson Avenue, Elkins, WV 26241

    $329,900
    3,920 sqft

    Fully occupied four-unit apartment building with expansion potential.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Elkins, WV, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Story Brick Mixed-Use Building
    Two-Story Brick Mixed-Use Building

    274 East Avenue, Thomas, WV 26292

    $599,000
    2,688 sqft 0.08 AC lot

    A versatile two-story brick building with open first-floor space, a two-bedroom apartment upstairs, courtyard access, and off-street parking.

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    Renovated Multi-Family Near Wesleyan College
    Renovated Multi-Family Near Wesleyan College

    113 S Florida Street, Buckhannon, WV 26201

    $265,000
    2,903 sqft 0.14 AC lot

    Three updated rental units near downtown and Wesleyan College.

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    Spacious Duplex on Large Lot
    Spacious Duplex on Large Lot

    1906 Tallmansville Road, Buckhannon, WV 26201

    $250,000
    2,032 sqft 0.60 AC lot

    Income potential duplex on 0.59 acres near town.

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    Two Airbnb Tiny Homes with Laundry
    Two Airbnb Tiny Homes with Laundry

    142 Jacob Pace Street, Thomas, WV 26292

    $494,000
    1,092 sqft 0.60 AC lot

    Two income-producing tiny homes and a guest laundry hut on wooded lots in Thomas, WV.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Morgantown Land For Development
    Morgantown Land For Development

    595 Wades Run and Bowlby Road, Morgantown, WV 26501

    $2,726,800
    68.17 AC lot

    68+/- acre parcel suitable for residential or industrial development.

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    Land Ready for Development
    Land Ready for Development

    1 Smithfield Dr, Smithfield, PA 15478

    $275,000
    8.00 AC lot

    8-acre land parcel zoned for mobile home park.

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    Versatile Charleston Property For Sale
    Versatile Charleston Property For Sale

    100 Sand Hill Mobile, Charleston, WV 25312

    $1,500,000
    9.59 AC lot

    9.59 acre property with multiple residential options and development potential.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details

    Off-Market Properties in Elkins, WV

    Consider similar Off-Market properties in Elkins, WV. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Main St
    GARDEN APT, COURT APT (5+ UNITS)

    Main St, Elkins, WV 26241

    Value Estimation by Request
    0.14 AC lot
    View details
    Goff St
    GARDEN APT, COURT APT (5+ UNITS)

    Goff St, Elkins, WV 26241

    Value Estimation by Request
    4.68 AC lot
    View details
    Bell St
    GARDEN APT, COURT APT (5+ UNITS)

    Bell St, Elkins, WV 26241

    $4,835,000
    Estimated value
    12.71 AC lot
    View details
    343 Blaine Ave
    GARDEN APT, COURT APT (5+ UNITS)

    343 Blaine Ave, Elkins, WV 26241-3423

    Value Estimation by Request
    0.13 AC lot
    View details
    932 Henry Ave
    GARDEN APT, COURT APT (5+ UNITS)

    932 Henry Ave, Elkins, WV 26241-3532

    Value Estimation by Request
    2,656 sqft 0.14 AC lot
    View details
    Goff St
    GARDEN APT, COURT APT (5+ UNITS)

    Goff St, Elkins, WV 26241

    $745,000
    Estimated value
    0.34 AC lot
    View details
    1201 Davis Ave
    GARDEN APT, COURT APT (5+ UNITS)

    1201 Davis Ave, Elkins, WV 26241-3436

    Value Estimation by Request
    0.06 AC lot
    View details
    205 Davis Ave
    GARDEN APT, COURT APT (5+ UNITS)

    205 Davis Ave, Elkins, WV 26241-3813

    Value Estimation by Request
    0.47 AC lot
    View details
    Rte 250
    MOBILE HOME PARK, TRAILER PARK

    Rte 250, Elkins, WV 26241

    Value Estimation by Request
    1.95 AC lot
    View details
    Wilson Ln
    GARDEN APT, COURT APT (5+ UNITS)

    Wilson Ln, Elkins, WV 26241

    $1,240,000
    Estimated value
    1.55 AC lot
    View details
    Bruce St
    GARDEN APT, COURT APT (5+ UNITS)

    Bruce St, Elkins, WV 26241

    Value Estimation by Request
    0.69 AC lot
    View details
    2nd St
    GARDEN APT, COURT APT (5+ UNITS)

    2nd St, Elkins, WV 26241

    Value Estimation by Request
    0.14 AC lot
    View details
    Kerens Ave
    GARDEN APT, COURT APT (5+ UNITS)

    Kerens Ave, Elkins, WV 26241

    Value Estimation by Request
    0.14 AC lot
    View details
    73 Fantail Rd
    MOBILE HOME PARK, TRAILER PARK

    73 Fantail Rd, Elkins, WV 26241

    Value Estimation by Request
    0.15 AC lot
    View details
    33 Old Brg
    GARDEN APT, COURT APT (5+ UNITS)

    33 Old Brg, Elkins, WV 26241

    Value Estimation by Request
    0.82 AC lot
    View details
    Rte 219250
    GARDEN APT, COURT APT (5+ UNITS)

    Rte 219250, Elkins, WV 26241

    Value Estimation by Request
    1.60 AC lot
    View details
    Elkins, WV 26241
    GARDEN APT, COURT APT (5+ UNITS)

    Elkins, WV 26241

    Value Estimation by Request
    0.59 AC lot
    View details
    Heavner Ave
    GARDEN APT, COURT APT (5+ UNITS)

    Heavner Ave, Elkins, WV 26241

    Value Estimation by Request
    1,284 sqft 0.22 AC lot
    View details
    2nd St
    GARDEN APT, COURT APT (5+ UNITS)

    2nd St, Elkins, WV 26241

    Value Estimation by Request
    0.09 AC lot
    View details

    Elkins, WV Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Elkins, WV, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 39,924 square feet of properties for sale, with an estimated market value of $2,354,800.

    Sale prices for multifamily properties in Elkins, WV start at $239,900, averaging $470,960, and reaching up to $850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 3
    Quadplexes 1
    Triplexes 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) +4.1%
    Median Household Income $53,102
    College Educated 29.6%

    High-Yield Neighborhoods for Investment

    Identify Elkins submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    26241 $471K

    Taxes & Financing

    Tax Rate (average for all types) 1.61%
    Property Tax per SF $25.24 per SF
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

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