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Spencer, WV

Residential Income

Spencer, WV Residential Income Properties for Sale

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Arnoldsburg, WV Creston, WV Reedy, WV Left Hand, WV Walton, WV Minnora, WV Normantown, WV Le Roy, 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.

Ripley Road Investment Opportunity

Updated: Feb 19

Ripley Road Investment Opportunity

1158 Ripley Road, Spencer, WV 25276

Contact for pricing

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 are freshly remodeled with efficiency apartments and motel‑type rooms.
Guest laundry provides an additional income stream.

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 19 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 2 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.

Duplex Building with Apartments and Commercial Space

Duplex Building with Apartments and Commercial Space

414 N Church Street, Ripley, WV 25271

Contact for pricing

4,160 sqft 0.89 AC lot

Duplex with studio and one-bedroom units plus commercial space, served by public water and sewage, with gas heat.

Mixed-Use Property with Apartments

Mixed-Use Property with Apartments

414 North Church Street, Ripley, WV 25271

Contact for pricing

4,160 sqft 0.89 AC lot

Commercial space and two apartments create a combined business and residential configuration.

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 with Unfinished Unit

Duplex with Unfinished Unit

110 3rd Ave, Clendenin, WV 25045

$38,900

1,664 sqft 0.36 AC lot

Two-bedroom, one-bath duplex plus an unfinished duplex ready for remodel on a 0.36-acre lot.

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.

60 Acres Prime Elkview Land

60 Acres Prime Elkview Land

Elk River Road N, Elkview, WV 25071

$750,000

60.00 AC lot

60 acres of prime land near I-79 Exit 9.

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 Residential Income Properties Market Trends and Statistics

Explore 13 residential income properties for sale in Spencer, WV on our real estate platform.

Sale prices for residential income properties in Spencer, WV average $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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