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    Shepherdstown, WV Multifamily Properties for Sale

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    Martinsburg, WV Sharpsburg, MD Shenandoah Junction, WV
    Shepherdstown Farmhouse with Rental Units
    $1,600,000
    3,692 SF

    Shepherdstown Farmhouse with Rental Units

    1585 Gardners Lane, Shepherdstown, WV 25443

    10-unit farmhouse on 13.2 acres with equestrian potential.

    • Income‑generating property with potential yearly income of $132,910 (2025) from 10 units.
    • 13.2‑acre property with a large bank barn and fencing/pasture suitable for horses.
    • Proven rental history with 100% occupancy over the past 20 years.
    • Tenant‑occupied cottage, barn, and fenced areas used for an established equestrian business.
    • Historic circa 1850 farmhouse converted into apartments, offering unique character.
    Updated: Oct 13, 2025
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    Farmhouse with Apartment and Cottage Units
    $1,600,000
    3,692 SF

    Farmhouse with Apartment and Cottage Units

    1585 Gardners Ln, Shepherdstown, WV 25443

    10-unit property on 13.2 acres with equestrian potential.

    • Potential yearly income of $132,910 (2025) with 100% occupancy and a great 20‑year rental history.
    • 13.2‑acre property featuring a circa 1850 farmhouse converted into 6 apartments, 2 cottages, and 1 duplex (10 units total).
    • Includes a huge bank barn and fencing/pasture suitable for horses.
    • Current operation as short‑term rentals with month‑to‑month leases provides flexibility for a new owner.
    • Existing tenant operates an equestrian business, leasing a cottage, fenced areas, and the barn.
    Updated: Nov 14, 2025
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    Based on your search, we've compiled 29 Potential Opportunities for your consideration. Besides 2 Active listings in Shepherdstown, WV, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 19 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.

    Brunswick Multifamily Building with Upgrades
    $650,000

    Brunswick Multifamily Building with Upgrades

    Six-unit apartment building near MARC Train with recent renovations.

    124 W POTOMAC St, Brunswick, MD 21716
    View details
    Historic Mixed-Use Property in Martinsburg
    $550,000
    0.05 Acres

    Historic Mixed-Use Property in Martinsburg

    Historic mixed-use property with commercial space and apartments in downtown.

    101 N Queen St, Martinsburg, WV 25401
    View details
    Multifamily
    $799,000
    5,400 SF

    Multifamily

    Multifamily properties · 5,400 SF

    115 E Martin St, Martinsburg, WV 25401
    View details
    Mixed-Use Investment Property in Brunswick
    $699,000
    6,609 SF

    Mixed-Use Investment Property in Brunswick

    Fully leased mixed-use property with retail and residential units.

    215 W Potomac St, Brunswick, MD
    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.

    Land Near Shepherd University
    $650,000
    3.70 Acres

    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443
    View details
    25 Acres Development Land Stanley
    $999,900
    25.00 Acres

    25 Acres Development Land Stanley

    25 acres ideal for housing or trailer park development.

    TBD S BOSLEY DR, Stanley, VA 22851
    View details
    Land for Sale
    Contact for pricing

    Land for Sale

    Land available on Mine Road, Kinzers, PA.

    5153-D Mine Rd, Kinzers, PA 17535
    View details
    Land Ready for Development
    $275,000
    8.00 Acres

    Land Ready for Development

    8-acre land parcel zoned for mobile home park.

    1, Smithfield, PA 15478
    View details

    Off-Market Properties in Shepherdstown, WV

    Consider similar Off-Market properties in Shepherdstown, 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.

    203 Ml St

    203 Ml St

    MOBILE HOME PARK, TRAILER PARK • 1.00 Acre
    Value Estimation by Request
    203 Ml St, Shepherdstown, WV 25443-1586
    View details
    Ml St

    Ml St

    MOBILE HOME PARK, TRAILER PARK • 1.67 Acres
    Value Estimation by Request
    Ml St, Shepherdstown, WV 25443
    View details
    301 Duke St

    301 Duke St

    GARDEN APT, COURT APT (5+ UNITS) • 0.29 Acres
    Value Estimation by Request
    301 Duke St, Shepherdstown, WV 25443
    View details
    205 Princess St

    205 Princess St

    GARDEN APT, COURT APT (5+ UNITS) • 0.05 Acres
    Value Estimation by Request
    205 Princess St, Shepherdstown, WV 25443
    View details
    8354 Martinsburg Pike

    8354 Martinsburg Pike

    GARDEN APT, COURT APT (5+ UNITS) • 0.15 Acres
    Value Estimation by Request
    8354 Martinsburg Pike, Shepherdstown, WV 25443-4406
    View details
    8348 Martinsburg Pike

    8348 Martinsburg Pike

    GARDEN APT, COURT APT (5+ UNITS) • 0.15 Acres
    Value Estimation by Request
    8348 Martinsburg Pike, Shepherdstown, WV 25443-4403
    View details
    214 New St

    214 New St

    GARDEN APT, COURT APT (5+ UNITS) • 0.48 Acres
    Value Estimation by Request
    214 New St, Shepherdstown, WV 25443-2107
    View details
    110 Perth Way

    110 Perth Way

    GARDEN APT, COURT APT (5+ UNITS) • 1.96 Acres
    Value Estimation by Request
    110 Perth Way, Shepherdstown, WV 25443-4914
    View details
    553 Church St

    553 Church St

    GARDEN APT, COURT APT (5+ UNITS) • 1.54 Acres
    Value Estimation by Request
    553 Church St, Shepherdstown, WV 25443-4765
    View details
    540 Church St

    540 Church St

    GARDEN APT, COURT APT (5+ UNITS) • 0.64 Acres
    Value Estimation by Request
    540 Church St, Shepherdstown, WV 25443-4723
    View details
    304 German St

    304 German St

    Multifamily properties • 3,556 SF
    Value Estimation by Request
    304 German St, Shepherdstown, WV 25443
    View details
    106 Washington St

    106 Washington St

    GARDEN APT, COURT APT (5+ UNITS) • 0.02 Acres
    Value Estimation by Request
    106 Washington St, Shepherdstown, WV 25443-4883
    View details
    15 Pheasant Rdg Ct

    15 Pheasant Rdg Ct

    GARDEN APT, COURT APT (5+ UNITS) • 3.00 Acres
    Value Estimation by Request
    15 Pheasant Rdg Ct, Shepherdstown, WV 25443-4308
    View details
    52 Old Martinsburg Rd

    52 Old Martinsburg Rd

    GARDEN APT, COURT APT (5+ UNITS) • 1.39 Acres
    Value Estimation by Request
    52 Old Martinsburg Rd, Shepherdstown, WV 25443-4639
    View details
    145 Hensel Dr

    145 Hensel Dr

    GARDEN APT, COURT APT (5+ UNITS) • 1.61 Acres
    Value Estimation by Request
    145 Hensel Dr, Shepherdstown, WV 25443-4315
    View details
    109 Cardinal Dr

    109 Cardinal Dr

    GARDEN APT, COURT APT (5+ UNITS) • 0.57 Acres
    Value Estimation by Request
    109 Cardinal Dr, Shepherdstown, WV 25443-9502
    View details
    117 Cardinal Dr

    117 Cardinal Dr

    GARDEN APT, COURT APT (5+ UNITS) • 0.33 Acres
    Value Estimation by Request
    117 Cardinal Dr, Shepherdstown, WV 25443-9502
    View details
    217 New St

    217 New St

    GARDEN APT, COURT APT (5+ UNITS) • 0.32 Acres
    Value Estimation by Request
    217 New St, Shepherdstown, WV 25443-2106
    View details
    313 German St

    313 German St

    GARDEN APT, COURT APT (5+ UNITS) • 0.74 Acres
    Value Estimation by Request
    313 German St, Shepherdstown, WV 25443
    View details

    Shepherdstown, WV Multifamily Properties Investment Opportunities Market Analysis

    Explore 21 multifamily properties for sale in Shepherdstown, WV on our real estate platform. These investment opportunities span a total of 7,384 square feet of properties for sale, with an estimated market value of $3,200,000.

    Sale prices for multifamily properties in Shepherdstown, WV start at $1,600,000, averaging $1,600,000, and reaching up to $1,600,000 — 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

    Apartment buildings 4
    Short term rental properties 1

    Demographics Overview

    Population 7,298
    Population Growth (5Y) -7.8%
    Median Household Income $103,933
    College Educated 87.0%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    25443 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 2.49%
    Property Tax per SF $20.38 per sq ft
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

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