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Spencer, WV

Multifamily

Spencer, WV Multifamily Properties for Sale

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Arnoldsburg, WV Creston, WV Reedy, WV Left Hand, WV Walton, WV Orma, WV Minnora, WV Chloe, WV

Motel Property with Mixed Lodging

Updated: Feb 19

Motel Property with Mixed Lodging

1158 Ripley Road, Spencer, WV 25276

$229,900

4.40 AC lot

4.4‑acre motel property along US 33 in Spencer, WV
2/3rds of the buildings have been freshly remodeled
Mix of efficiency apartments and motel type of rooms
Supports monthly tenants and VRBO type rentals
Guest laundry provides an additional onsite income stream

Two-Story Mixed-Use Building

Updated: Aug 27

Two-Story Mixed-Use Building

209 Church St, Spencer, WV 25276

$119,000

3,960 sqft

Approximately 2,520‑square‑foot two‑story mixed‑use building
Ground‑floor commercial area measures approximately 975 square feet
Two separate 2‑bedroom, 1‑bath apartments on the second level
Retail, office, professional service, and salon uses identified for the main level
Rear parking, street‑front access, and a separate rear entrance

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 18 Potential Opportunities for your consideration. Besides 2 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 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.

Ranch Duplex with Garage Apartment

Ranch Duplex with Garage Apartment

1525 Thorofare Road, Clendenin, WV 25045

$150,000

1,066 sqft

Rancher with an updated one-bedroom apartment over a detached garage, plus new gutters and updated windows.

Duplex Property with Remodel Potential

Duplex Property with Remodel Potential

110 3rd Ave, Clendenin, WV 25045

$34,900

1,664 sqft 0.36 AC lot

Includes a finished two-bedroom, one-bath duplex and an unfinished duplex component ready for renovation.

RV Park with Cabins

RV Park with Cabins

213 Lazy K Drive, Elkview, WV 25071

$3,700,000

8,714 sqft 66.25 AC lot

Combination of cabins, RV accommodations, river access, and a pond on a wooded property.

Campground With Cabins and RV Sites

Campground With Cabins and RV Sites

213 Lazy K Drive, Elkview, WV 25071

$3,700,000

66.25 AC lot

River-access campground with cabins, RV hookups, a lodge, and recreational water features.

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.

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

$110,000

Estimated value

4,800 sqft 15.17 AC lot

Us R 119

GARDEN APT, COURT APT (5+ UNITS)

Us R 119, Spencer, WV 25276

$350,000

Estimated value

17,624 sqft 2.10 AC lot

Chapman Ave

GARDEN APT, COURT APT (5+ UNITS)

Chapman Ave, Spencer, WV 25276

$295,000

Estimated value

3,824 sqft 0.23 AC lot

Ripley Rd

GARDEN APT, COURT APT (5+ UNITS)

Ripley Rd, Spencer, WV 25276

$295,000

Estimated value

5,534 sqft 1.60 AC lot

Parkersburg Rd

GARDEN APT, COURT APT (5+ UNITS)

Parkersburg Rd, Spencer, WV 25276

$285,000

Estimated value

4,992 sqft 1.82 AC lot

Parkersburg Rd

GARDEN APT, COURT APT (5+ UNITS)

Parkersburg Rd, Spencer, WV 25276

$270,000

Estimated value

5,440 sqft 5.00 AC lot

259 Main St

GARDEN APT, COURT APT (5+ UNITS)

259 Main St, Spencer, WV 25276

$295,000

Estimated value

3,200 sqft 0.08 AC lot

Church St

GARDEN APT, COURT APT (5+ UNITS)

Church St, Spencer, WV 25276

$575,000

Estimated value

21,880 sqft 0.08 AC lot

321 Church St

GARDEN APT, COURT APT (5+ UNITS)

321 Church St, Spencer, WV 25276-1841

$290,000

Estimated value

2,520 sqft 0.04 AC lot

Spg Rd Crk

GARDEN APT, COURT APT (5+ UNITS)

Spg Rd Crk, Spencer, WV 25276

$330,000

Estimated value

1.84 AC lot

Ripley Pike

GARDEN APT, COURT APT (5+ UNITS)

Ripley Pike, Spencer, WV 25276

$305,000

Estimated value

3,565 sqft 1.00 AC lot

Spencer, WV Multifamily Properties Market Trends and Statistics

Explore 13 multifamily properties for sale in Spencer, WV on our real estate platform. These investment opportunities span a total of 3,960 square feet of properties for sale, with an estimated market value of $348,900.

Sale prices for multifamily properties in Spencer, WV start at $119,000, averaging $174,450, and reaching up to $229,900 — 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

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	$229.9K

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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