Multifamily

Shepherdstown, WV Multifamily Properties for Sale

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Martinsburg, WV Sharpsburg, MD Shenandoah Junction, WV
Shepherdstown Farmhouse with Rental Units
Updated: Oct 13, 2025
Shepherdstown Farmhouse with Rental Units

1585 Gardners Lane, Shepherdstown, WV 25443

$1,600,000
3,692 sqft
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.
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Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 1 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.

Fully Occupied Triplex
Fully Occupied Triplex

202 E CHAPLINE Street, Sharpsburg, MD 21782

$374,995
2,122 sqft · 0.14 AC lot

Three rented units generate stated gross income for an immediate rental-payor setup in Sharpsburg, Maryland.

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Fully Rented Triplex Investment
Fully Rented Triplex Investment

202 E CHAPLINE St, Sharpsburg, MD 21782

$374,995

Fully occupied triplex with established rental income and convenient access to area commuter routes and amenities.

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Renovated Duplex in Downtown Martinsburg
Renovated Duplex in Downtown Martinsburg

130 E JOHN St, Martinsburg, WV 25401

$169,900
0.05 AC lot

Move-in ready duplex with modern updates in downtown location.

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Multifamily
Multifamily

115 E Martin St, Martinsburg, WV 25401

$799,000
5,400 sqft

Multifamily properties · 5,400 SF

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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.

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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Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Land for Sale
Land for Sale

5153-D Mine Rd, Kinzers, PA 17535

Contact for pricing

Land available on Mine Road, Kinzers, PA.

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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
MOBILE HOME PARK, TRAILER PARK

203 Ml St, Shepherdstown, WV 25443-1586

Value Estimation by Request
1.00 AC lot
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Ml St
MOBILE HOME PARK, TRAILER PARK

Ml St, Shepherdstown, WV 25443

Value Estimation by Request
1.67 AC lot
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301 Duke St
GARDEN APT, COURT APT (5+ UNITS)

301 Duke St, Shepherdstown, WV 25443

Value Estimation by Request
0.29 AC lot
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205 Princess St
GARDEN APT, COURT APT (5+ UNITS)

205 Princess St, Shepherdstown, WV 25443

Value Estimation by Request
0.05 AC lot
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8354 Martinsburg Pike
GARDEN APT, COURT APT (5+ UNITS)

8354 Martinsburg Pike, Shepherdstown, WV 25443-4406

Value Estimation by Request
0.15 AC lot
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8348 Martinsburg Pike
GARDEN APT, COURT APT (5+ UNITS)

8348 Martinsburg Pike, Shepherdstown, WV 25443-4403

Value Estimation by Request
0.15 AC lot
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214 New St
GARDEN APT, COURT APT (5+ UNITS)

214 New St, Shepherdstown, WV 25443-2107

Value Estimation by Request
0.48 AC lot
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110 Perth Way
GARDEN APT, COURT APT (5+ UNITS)

110 Perth Way, Shepherdstown, WV 25443-4914

Value Estimation by Request
1.96 AC lot
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553 Church St
GARDEN APT, COURT APT (5+ UNITS)

553 Church St, Shepherdstown, WV 25443-4765

Value Estimation by Request
1.54 AC lot
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540 Church St
GARDEN APT, COURT APT (5+ UNITS)

540 Church St, Shepherdstown, WV 25443-4723

Value Estimation by Request
0.64 AC lot
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304 German St
Multifamily properties

304 German St, Shepherdstown, WV 25443

Value Estimation by Request
3,556 sqft · 0.34 AC lot
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106 Washington St
GARDEN APT, COURT APT (5+ UNITS)

106 Washington St, Shepherdstown, WV 25443-4883

Value Estimation by Request
0.02 AC lot
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15 Pheasant Rdg Ct
GARDEN APT, COURT APT (5+ UNITS)

15 Pheasant Rdg Ct, Shepherdstown, WV 25443-4308

Value Estimation by Request
3.00 AC lot
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52 Old Martinsburg Rd
GARDEN APT, COURT APT (5+ UNITS)

52 Old Martinsburg Rd, Shepherdstown, WV 25443-4639

Value Estimation by Request
1.39 AC lot
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145 Hensel Dr
GARDEN APT, COURT APT (5+ UNITS)

145 Hensel Dr, Shepherdstown, WV 25443-4315

Value Estimation by Request
1.61 AC lot
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109 Cardinal Dr
GARDEN APT, COURT APT (5+ UNITS)

109 Cardinal Dr, Shepherdstown, WV 25443-9502

Value Estimation by Request
0.57 AC lot
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117 Cardinal Dr
GARDEN APT, COURT APT (5+ UNITS)

117 Cardinal Dr, Shepherdstown, WV 25443-9502

Value Estimation by Request
0.33 AC lot
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217 New St
GARDEN APT, COURT APT (5+ UNITS)

217 New St, Shepherdstown, WV 25443-2106

Value Estimation by Request
0.32 AC lot
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313 German St
GARDEN APT, COURT APT (5+ UNITS)

313 German St, Shepherdstown, WV 25443

Value Estimation by Request
0.74 AC lot
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Shepherdstown, WV Multifamily Properties Market Trends and Statistics

Explore 20 multifamily properties for sale in Shepherdstown, WV on our real estate platform. These investment opportunities span a total of 3,692 square feet of properties for sale, with an estimated market value of $1,600,000.

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

Commercial property segments ranked by active listings on the market

Apartment buildings 3

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Shepherdstown submarkets with the highest inventory density on the market and evaluate the average 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 SF
Tax Rate vs County Average 0.04 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Jefferson County

New Delisted

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