Residential Income

Nellis, WV Residential Income Properties for Sale

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Peytona, WV Ridgeview, WV Ashford, WV Julian, WV Madison, WV Hernshaw, WV Spurlockville, WV Seth, 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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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Nellis, WV, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Two-Dwelling Duplex Property
Two-Dwelling Duplex Property

1314 & 1314-1/2 Chestnut Street, South Charleston, WV 25309

$169,900
1,951 sqft 0.24 AC lot

Two separate homes share a fenced parcel with an outbuilding and gravel parking outside city limits.

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Brick Quadplex With Townhome Layout
Brick Quadplex With Townhome Layout

514 East Avenue, South Charleston, WV 25309

$325,000
3,600 sqft

Four attached residences feature private two-bedroom layouts, full baths, and kitchen laundry hookups.

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

220 State Street, Madison, WV 25130

$185,000
0.16 AC lot

Three commercial suites and three apartments create a mixed-use configuration with on-site parking.

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Storefront with Apartment Income Potential
Storefront with Apartment Income Potential

366 Main St, Madison, WV 25130

$145,000
0.21 AC lot

Storefront with four apartments and expansion lots in Madison, WV.

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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 Land Opportunity
South Charleston Land Opportunity

4829 Kanawha Turnpike, South Charleston, WV 25309

$89,000
2.50 AC lot

Land in Federal Opportunity Zone with easy access to amenities.

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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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South Charleston Building Lot
South Charleston Building Lot

9 Joplin Pl, South Charleston, WV 25309

Contact for pricing
0.98 AC lot

Prime 0.98-acre building lot in a desirable South Charleston location.

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Hunting Land with Creeks
Hunting Land with Creeks

DRY BRANCH Road, Charleston, WV 25306

$750,000
655.11 AC lot

Hunting and recreational acreage with trails, house seats, and flowing creeks.

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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 income 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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Boone County

Residential Income

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