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    Nellis, WV Multifamily Properties for Sale

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    Julian, WV Danville, WV Madison, WV South Charleston, WV Hernshaw, WV Seth, WV Alum Creek, WV Charleston, WV
    Nellis Multifamily Building with Storefront
    Updated: Aug 10, 2025
    Nellis Multifamily Building with Storefront

    31 Fork Creek Road, Nellis, WV 25142

    $199,000
    12,122 sqft 0.63 AC lot
    8 rented units plus a vacant space that was once a grocery store
    4‑year remaining lease for the Nellis Post Office
    Full basement under the entire building
    Central air cooling and natural gas forced‑air heating, plus space heater
    Recent updates in the last 10 years including plumbing, electrical, and HVAC
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Nellis, WV, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Mixed-Use Storefront and Apartments
    Mixed-Use Storefront and Apartments

    220 State Street, Madison, WV 25130

    $185,000
    0.16 AC lot

    Three commercial storefront suites and three residential apartments are housed in a mixed-use building with on-site parking.

    View details
    Storefront with Apartment Income Potential
    Storefront with Apartment Income Potential

    366 Main St, Madison, WV 25130

    $145,000
    0.21 AC lot

    Storefront with four apartments and expansion lots in Madison, WV.

    View details
    Mobile Home Park Investment
    Mobile Home Park Investment

    5205 Elaine Dr, Charleston, WV 25306

    $80,000
    0.69 AC lot

    Mobile home park with three occupied homes and monthly land rent, plus an additional abandoned unit for potential re-rental.

    View details
    Mixed-Use Retail and Apartments
    Mixed-Use Retail and Apartments

    5306 Maccorkle Avenue SE, Charleston, WV 25304

    Contact for pricing

    Main-floor retail with a glass storefront plus upper apartments currently being converted to four one-bedroom units.

    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.

    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.

    View details
    Residential Land Ready For Building
    Residential Land Ready For Building

    43774 ST HWY 194 E, Freeburn, KY 41528

    Contact for pricing
    0.33 AC lot

    Residential land suitable for building or mobile home with utilities.

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    Residential Land with Mobile Home Hookups
    Residential Land with Mobile Home Hookups

    Childress Rd, Mouthcard, KY 41548

    $130,000
    98.00 AC lot

    98 acres with a public-maintained driveway, public water, private septic, and three mobile home rental spots.

    View details
    200 Acres of Opportunity
    200 Acres of Opportunity

    Rt 460 Crumpecker Hill, Princeton, WV 24740

    $5,500,000
    202.00 AC lot

    200 acres ideal for RV park, campground, or development.

    View details

    Nellis, WV Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Nellis, WV on our real estate platform. These investment opportunities span a total of 12,122 square feet of properties for sale, with an estimated market value of $199,000.

    Sale prices for multifamily properties in Nellis, WV average $199,000 — 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 1

    Demographics Overview

    Population 322
    Population Growth (5Y) +0.9%
    Median Household Income $79,621

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    25142 $199K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Boone County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Boone County

    Residential Income

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