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    Nellis, WV
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    Nellis, WV Multifamily Properties for Sale

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    Peytona, WV Ridgeview, WV Ashford, WV Julian, WV Madison, WV Hernshaw, WV Spurlockville, WV Seth, WV
    Apartment Building with Commercial Space
    Updated: Aug 10, 2025
    Apartment Building with Commercial Space

    31 Fork Creek Road, Nellis, WV 25142

    $199,000
    12,122 sqft 0.63 AC lot
    8 rented apartment units plus a vacant former grocery area
    12,122 square feet on 0.63 acres
    Nellis Post Office lease has 4 years remaining
    Full basement with generator in the store area
    Plumbing, electrical, and HVAC updates completed over the last 10 years
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Nellis, WV, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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-Dwelling Duplex Property
    Two-Dwelling Duplex Property

    1314 & 1314-1/2 Chestnut Street, South Charleston, WV 25309

    $169,900
    1,951 sqft 0.24 AC lot

    Two separate homes share a fenced parcel with an outbuilding and gravel parking outside city limits.

    View details
    Brick Quadplex With Townhome Layout
    Brick Quadplex With Townhome Layout

    514 East Avenue, South Charleston, WV 25309

    $325,000
    3,600 sqft

    Four attached residences feature private two-bedroom layouts, full baths, and kitchen laundry hookups.

    View details
    Mixed-Use Building with Storefronts
    Mixed-Use Building with Storefronts

    220 State Street, Madison, WV 25130

    $185,000
    0.16 AC lot

    Three commercial suites and three apartments create a mixed-use configuration 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

    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

    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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