Multifamily

Spencer, WV Multifamily Properties for Sale

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Arnoldsburg, WV Creston, WV Reedy, WV Minnora, WV Walton, WV Newton, WV Normantown, WV Grantsville, WV
Income-Producing Motel and Apartments
Updated: Feb 19
Income-Producing Motel and Apartments

1158 Ripley Road, Spencer, WV 25276

$229,900
4.40 AC lot
Income potential from monthly tenants and VRBO rentals.
High‑traffic location on US 33.
Low vacancy rates due to lack of motels in the county.
Two‑thirds of the buildings have been freshly remodeled.
Guest laundry provides an additional income stream.
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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, WV, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 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.

66-Acre Elk River Retreat
66-Acre Elk River Retreat

213 Lazy K Drive, Elkview, WV 25071

$3,700,000
8,714 sqft 66.25 AC lot

Versatile 66-acre estate with cabins, RV sites, and river access.

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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.

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Commercial Zoned Land with Utilities
Commercial Zoned Land with Utilities

681 Givens Park Rd, Elkview, WV 25071

$4,890,000
219.00 AC lot

Large commercial-zoned tract with utilities on-site and paved access, plus tenant-occupied trailers and homes.

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Versatile Property with Development Potential
Versatile Property with Development Potential

100 Sand Hill Mobile Unit 100, Charleston, WV 25312

$1,500,000
1 sqft 9.59 AC lot

9.59 acre property featuring mobile home spots and residences.

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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.

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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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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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.

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Surveyed Hunting and Development Land
Surveyed Hunting and Development Land

400 Keith Whitley Blvd., Sandy Hook, KY 41171

$199,900
75.00 AC lot

Approximately 75 surveyed acres offering a mix of city-limit and outside-city development flexibility.

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Off-Market Properties in Spencer, WV

Consider similar Off-Market properties in Spencer, 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.

36 May Ln
MOBILE HOME PARK, TRAILER PARK

36 May Ln, Spencer, WV 25276-8926

Value Estimation by Request
4,800 sqft 15.17 AC lot
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Us R 119
GARDEN APT, COURT APT (5+ UNITS)

Us R 119, Spencer, WV 25276

Value Estimation by Request
17,624 sqft 2.10 AC lot
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Chapman Ave
GARDEN APT, COURT APT (5+ UNITS)

Chapman Ave, Spencer, WV 25276

Value Estimation by Request
3,824 sqft 0.23 AC lot
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Ripley Rd
GARDEN APT, COURT APT (5+ UNITS)

Ripley Rd, Spencer, WV 25276

Value Estimation by Request
5,534 sqft 1.60 AC lot
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Parkersburg Rd
GARDEN APT, COURT APT (5+ UNITS)

Parkersburg Rd, Spencer, WV 25276

Value Estimation by Request
4,992 sqft 1.82 AC lot
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Parkersburg Rd
GARDEN APT, COURT APT (5+ UNITS)

Parkersburg Rd, Spencer, WV 25276

Value Estimation by Request
5,440 sqft 5.00 AC lot
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259 Main St
GARDEN APT, COURT APT (5+ UNITS)

259 Main St, Spencer, WV 25276

Value Estimation by Request
3,200 sqft 0.08 AC lot
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Church St
GARDEN APT, COURT APT (5+ UNITS)

Church St, Spencer, WV 25276

$575,000
Estimated value
21,880 sqft 0.08 AC lot
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321 Church St
GARDEN APT, COURT APT (5+ UNITS)

321 Church St, Spencer, WV 25276-1841

Value Estimation by Request
2,520 sqft 0.04 AC lot
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Spg Rd Crk
GARDEN APT, COURT APT (5+ UNITS)

Spg Rd Crk, Spencer, WV 25276

Value Estimation by Request
1.84 AC lot
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Ripley Pike
GARDEN APT, COURT APT (5+ UNITS)

Ripley Pike, Spencer, WV 25276

Value Estimation by Request
3,565 sqft 1.00 AC lot
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Spencer, WV Multifamily Properties Market Trends and Statistics

Explore 12 multifamily properties for sale in Spencer, WV on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $239,900.

Sale prices for multifamily properties in Spencer, WV start at $239,900, averaging $239,900, and reaching up to $239,900 — 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

Short term rental properties 1

Demographics Overview

Population 7,355
Population Growth (5Y) -5.9%
Median Household Income $38,750
College Educated 21.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
25276 $244.9K

Taxes & Financing

Tax Rate (average for all types) 2.12%
Property Tax per SF $23.84 per SF
Tax Rate vs County Average 0.05 pp above county avg
Average Loan-to-Value 65.0%

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