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    Morgantown, WV Multifamily Properties for Sale

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    Westover, WV Star City, WV Maidsville, WV
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    Historic Morgantown Mixed-Use Property
    Updated: Feb 27
    Historic Morgantown Mixed-Use Property

    156 Clay Street, Morgantown, WV 26501

    $1,625,000
    12,477 sqft · 0.23 AC lot
    Fully leased property offering immediate income from commercial and residential tenants.
    Prime location in Morgantown's Wharf District.
    Includes a fully equipped commercial‑grade kitchen, restaurant seating, large bar, and covered outdoor seating area leased to a catering business/venue.
    Features a mix of apartment units: one studio, five 1‑bedroom, and two 2‑bedroom apartments.
    Recent improvements include 4 renovated apartment units, new roof, updated HVAC system, and 15 new double pane windows.
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    This listing looks promising.

    Here's a quick look at some key insights for

    156 Clay Street, Morgantown, WV 26501

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    • Est. Cap Rate

      7.8%
      Above avg (5.9%)

    • Est. NOI

      $126K
      Annual

    • Mortgage

      $1.08M
      Jul 2019

    • Last Sold

      Jan 2022
      $1.43M
    View Property Analytics
    Turnkey Two-Unit Duplex with Parking
    Updated: Jul 4
    Turnkey Two-Unit Duplex with Parking

    512 Beverly Avenue, Morgantown, WV 26505

    $395,000
    3,054 sqft · 0.34 AC lot
    2‑unit Cape Cod built in 1961 with both units currently leased until May 15, 2027
    Upper unit leased at $2,160/month and lower apartment leased at $900/month
    Off‑street parking with convenient blue‑curb parking; chain link fencing and private yard
    Interior includes washer/dryer connections, range, dishwasher, and refrigerator
    Heating includes hot water and electric (baseboard); cooling with ceiling fans and window units
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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    213 McLane Avenue, Morgantown, WV 26505

    $299,900
    3,583 sqft · 0.20 AC lot

    Three-unit residential income property with nine total bedrooms, positioned for an owner-operator or investor renovation plan.

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    Income-Producing Properties Near WVU
    Income-Producing Properties Near WVU

    1024 Cayton Street, Morgantown, WV 26505

    $215,000
    1,580 sqft · 0.29 AC lot

    Two fully leased properties near WVU, a turnkey investment opportunity.

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    Two-Unit Income Duplex
    Two-Unit Income Duplex

    1951 Listravia Avenue, Morgantown, WV 26505

    $179,000
    1,700 sqft · 0.31 AC lot

    Two-unit property on a large lot, equipped with updated electrical service and a new furnace, with off-street parking.

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    Leased Multi-Unit Investment Opportunity
    Leased Multi-Unit Investment Opportunity

    444 Dorsey Avenue, Morgantown, WV 26501

    $165,000
    2,794 sqft

    Fully leased multi-unit property near downtown Morgantown.

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    Updated Duplex in Woodburn Neighborhood
    Updated Duplex in Woodburn Neighborhood

    839-843 Miller Street, Morgantown, WV 26505

    $165,950
    1,768 sqft · 0.07 AC lot

    Updated duplex in Morgantown's historic Woodburn neighborhood, near WVU.

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    Downtown Morgantown Three-Unit Rental
    Downtown Morgantown Three-Unit Rental

    574 Pennsylvania Avenue, Morgantown, WV 26501

    $149,900
    1,790 sqft · 0.06 AC lot

    Three-story, three-unit rental property in downtown Morgantown.

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    Downtown Morgantown Investment Opportunity
    Downtown Morgantown Investment Opportunity

    400 Fife Avenue, Morgantown, WV 26505

    $299,999
    1,744 sqft · 0.11 AC lot

    Spacious 5-bedroom property near WVU campus, leased through May 2026.

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    Duplex with Two Two-Bedroom Units
    Duplex with Two Two-Bedroom Units

    112 Cornell Avenue, Morgantown, WV 26505

    $169,500
    1,916 sqft

    Two separate two-bedroom units provide a straightforward residential income setup in Morgantown.

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    Mixed-Use Retail and Apartments
    Mixed-Use Retail and Apartments

    444, 446, & 448 Scotts Run Road, Morgantown, WV 26501

    $150,000
    0.30 AC lot

    Three retail storefront buildings plus two apartments offer flexible income streams with newer furnace and electrical upgrades.

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    Downtown Morgantown Mixed-Use Investment
    Downtown Morgantown Mixed-Use Investment

    78 Kingwood Street, Morgantown, WV 26501

    $339,900
    3,900 sqft · 0.10 AC lot

    Income-producing property with commercial space and renovated apartments.

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    Morgantown Multifamily Investment Opportunity
    Morgantown Multifamily Investment Opportunity

    150 Wellen Avenue, Morgantown, WV 26505

    $165,000
    9,514 sqft

    Two-unit property fully leased through 2027 near WVU campus.

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    Morgantown Multifamily Investment Opportunity
    Morgantown Multifamily Investment Opportunity

    100 Bethel Road, Morgantown, WV 26501

    $2,250,000
    20,000 sqft · 4.98 AC lot

    Multifamily property in Morgantown, WV, with income potential.

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    Mixed-Use Triplex with Office Space
    Mixed-Use Triplex with Office Space

    198 Spruce Street, Morgantown, WV 26505

    $200,000
    4,328 sqft

    Three vacant one-bed, one-bath units plus main-level office space offer flexibility for residential and commercial use.

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    Multifamily Investment Opportunity in Morgantown
    Multifamily Investment Opportunity in Morgantown

    940 Stewart St, Morgantown, WV 26505

    $3,600,000
    34,848 sqft

    36-unit multifamily property in Morgantown, West Virginia.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 16 Active listings in Morgantown, WV, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 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.

    Multi-Unit Residential Property with Garage
    Multi-Unit Residential Property with Garage

    100 Holland Avenue, Westover, WV 26501

    $264,500
    2,315 sqft · 0.11 AC lot

    Two-unit residence with in-unit laundry hookups, storage, and a detached garage on a small lot.

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    Westover Multi-Unit Rental Property
    Westover Multi-Unit Rental Property

    22 W Main Street, Westover, WV 26501

    $250,000
    3,000 sqft · 0.21 AC lot

    Three-unit rental property in Westover, WV. Two units rented.

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    Duplex with Off-Street Access
    Duplex with Off-Street Access

    512 East Park Avenue, Fairmont, WV 26554

    $115,000
    1,472 sqft · 0.11 AC lot

    Duplex on a level lot with off-street access near schools, shopping, and dining in Fairmont.

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    Four Buildings on Half Acre
    Four Buildings on Half Acre

    1011 Speedway Ave, Fairmont, WV 26554

    $389,000
    3,999 sqft · 0.54 AC lot

    Mixed-use property with income potential near I-79.

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    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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    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.

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    Land with Existing Septic and Well
    Land with Existing Septic and Well

    18531 Blackberry dr, Three Springs, PA 17264

    $38,900
    1.78 AC lot

    Nearly two acres in Three Springs with an in-place septic and well, plus an opportunity to fix or replace the existing mobile home.

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    Off-Market Properties in Morgantown, WV

    Consider similar Off-Market properties in Morgantown, 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.

    380 Richard Harrison Way
    GARDEN APT, COURT APT (5+ UNITS)

    380 Richard Harrison Way, Morgantown, WV 26501-1119

    $24,185,000
    Estimated value
    8.89 AC lot
    View details
    146 3rd St
    HIGH-RISE APARTMENTS

    146 3rd St, Morgantown, WV 26505-0564

    Value Estimation by Request
    2,614 sqft · 0.03 AC lot
    View details
    417 Sharon Ave
    GARDEN APT, COURT APT (5+ UNITS)

    417 Sharon Ave, Morgantown, WV 26505-4732

    Value Estimation by Request
    1,728 sqft · 0.28 AC lot
    View details
    529 Grant Ave
    GARDEN APT, COURT APT (5+ UNITS)

    529 Grant Ave, Morgantown, WV 26505

    $1,040,000
    Estimated value
    0.06 AC lot
    View details
    Sta St
    GARDEN APT, COURT APT (5+ UNITS)

    Sta St, Morgantown, WV 26508

    $20,350,000
    Estimated value
    15.70 AC lot
    View details
    540 Lewis St
    GARDEN APT, COURT APT (5+ UNITS)

    540 Lewis St, Morgantown, WV 26505-0628

    Value Estimation by Request
    0.24 AC lot
    View details
    1400 Charles St
    GARDEN APT, COURT APT (5+ UNITS)

    1400 Charles St, Morgantown, WV 26505-0395

    $1,550,000
    Estimated value
    1.22 AC lot
    View details
    2188 University Ave
    HIGH-RISE APARTMENTS

    2188 University Ave, Morgantown, WV 26505-4700

    $30,000,000
    Estimated value
    0.48 AC lot
    View details

    Morgantown, WV Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Morgantown, WV, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 104,996 square feet of properties for sale, with an estimated market value of $10,219,149.

    Sale prices for multifamily properties in Morgantown, WV start at $149,900, averaging $681,276, and reaching up to $3,600,000 — 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

    Duplexes 8
    Triplexes 4
    Apartment buildings 3

    Demographics Overview

    Population 98K
    Population Growth (5Y) +0.4%
    Median Household Income $62,994
    College Educated 47.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    26505 $612.3K
    26501 $780K

    Taxes & Financing

    Tax Rate (average for all types) 2.40%
    Property Tax per SF $49.94 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monongalia County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Morgantown, WV

    • 26505
    • 26501

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