185 Middleway Pike, Inwood, WV 25428
This exceptional investment opportunity presents a rare chance to acquire a charming multifamily property situated on a highly visible 0.44-acre lot at 185 Middleway Pike in Inwood, West Virginia. The property boasts two separate residential units, strategically located between Route 11 and the new Inwood bypass, ensuring high traffic visibility and excellent accessibility. The main house, a 3-bedroom, 1-bathroom structure built in 1920, is currently leased and provides consistent rental income. Public utilities serve this established residence. Complementing the main house is a 2-bedroom, 2-bathroom mobile home constructed in 1994, also generating rental income and connected to public utilities. This dual-unit setup offers a diversified income stream and significant potential for future growth. The combined asking price for this lucrative investment is $250,000, representing a compelling price per unit of $125,000. Located in Berkeley County, zip code 25428, this property presents a unique blend of historical charm and modern convenience, making it an ideal addition to any investment portfolio. Don't miss this opportunity to secure a high-yield, multifamily property in a prime West Virginia location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.