Residential Income

Nellis, WV Residential Income Properties for Sale

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Ridgeview, WV Peytona, WV Ashford, WV Julian, WV Danville, WV Madison, WV Hernshaw, WV Spurlockville, WV
Apartment Building with Commercial Space
Updated: Aug 10, 2025
Apartment Building with Commercial Space

31 Fork Creek Road, Nellis, WV 25142

$199,000
12,122 sqft 0.63 AC lot
8 rented apartment units plus a vacant former grocery area
12,122 square feet on 0.63 acres
Nellis Post Office lease has 4 years remaining
Full basement with generator in the store area
Plumbing, electrical, and HVAC updates completed over the last 10 years
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1 active listing matches your search: Residential Income for sale in Nellis, WV. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Four Apartments
Mixed-Use Building with Four Apartments

366 Main Street, Madison, WV 25130

$145,000
5,880 sqft 0.21 AC lot

Ground-floor storefront pairs with four vacant apartments, separate access, and individual utilities for each residential unit.

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3-Unit Triplex with Porches
3-Unit Triplex with Porches

6866 Price Branch Road, Danville, WV 25053

$109,000
1,320 sqft 0.18 AC lot

Each residence has its own porch, and appliances are included throughout.

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Mixed-Use Building with Storefronts
Mixed-Use Building with Storefronts

220 State Street, Madison, WV 25130

$115,000
0.16 AC lot

Three apartments sit above or alongside three commercial suites, with separate electric and water meters.

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Mobile Home Park with Rental Homes
Mobile Home Park with Rental Homes

113 Alpine Lane, Danville, WV 25053

$49,000
2,250 sqft 15.00 AC lot

Three homes include two occupied units and a third requiring interior renovation.

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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.

South Charleston Building Lot Opportunity
South Charleston Building Lot Opportunity

9 JOPLIN PL, South Charleston, WV 25309

$49,900
0.98 AC lot

Desirable 0.98-acre building lot in South Charleston, West Virginia.

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Commercial Land with Interstate Frontage
Commercial Land with Interstate Frontage

700 New Goff Mountain Road, Cross Lanes, WV 25313

$1,300,000
31.89 AC lot

Commercial acreage with public road access and utility infrastructure in place.

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Residential Lot in Colonial Oaks
Residential Lot in Colonial Oaks

165 Colonial Drive, Scott Depot, WV 22560

$42,500
1.34 AC lot

Residential lot for sale in Scott Depot, West Virginia.

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Residential Lot in Colonial Oaks
Residential Lot in Colonial Oaks

105 Colonial Drive, Scott Depot, WV 25560

$52,000
1.05 AC lot

Residential lot for sale in Scott Depot, West Virginia.

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Nellis, WV Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Nellis, WV on our real estate platform. These investment opportunities span a total of 12,122 square feet of properties for sale, with an estimated market value of $199,000.

Sale prices for residential investment properties in Nellis, WV average $199,000 — 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 1
Multifamily properties 1

Demographics Overview

Population 322
Population Growth (5Y) +0.9%
Median Household Income $79,621

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
25142 $199K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Boone County

New Delisted

Total CRE Inventory on Market (SF)

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