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    Westover, WV Maidsville, WV Masontown, WV Core, WV Lake Lynn, PA Rivesville, WV Bruceton Mills, WV Reedsville, WV
    Renovated Multifamily Property Near WVU
    Updated: Jun 2
    Renovated Multifamily Property Near WVU

    289 Wiles Street, Morgantown, WV 26505

    $325,000
    1,860 sqft
    Fully renovated 5‑bedroom, 3.5‑bath home completed in 2024, with electric heating and central air
    Leased with rental income of $3,435/month; lease in place through May 20, 2027
    Owner provides a $500 monthly utility allowance; tenants pay any overages
    Major updates include new siding, new roof, central air installation, updated kitchen and baths, and all‑new LVP flooring
    Layout includes a private third‑floor suite with its own full bath and dedicated washer/dryer
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    This listing looks promising.

    Here's a quick look at some key insights for

    289 Wiles Street, Morgantown, WV 26505

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    • Est. Cap Rate

      3.3%
      NOI ÷ price

    • Est. NOI

      $11K
      Annual

    • Price @ 7% Cap

      $152K
      Suggested

    • Property Type

      Single Family Residence
      Built 1926
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Morgantown, WV, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

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    Mixed-Use Retail and Apartments
    Mixed-Use Retail and Apartments

    219 Brownsville Rd, Pittsburgh, PA 15210

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    Occupied retail below with two near-finished apartments above, plus an occupied 2BR home across the courtyard.

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    Multi-Family Residence with Attached Garage
    Multi-Family Residence with Attached Garage

    701 Thompson, Donora, PA 15033

    $119,724
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    Large Donora home with multiple garages and a covered porch, offering potential configuration as multiple units.

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    Two-Home Multifamily on One Lot
    Two-Home Multifamily on One Lot

    233 Allen Avenue, Donora, PA 15033

    $40,000
    0.14 AC lot

    Two homes on a single street-to-alley lot with shared water and sewage, sold as-is for investor or owner-occupant use.

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    Morgantown, WV Single Family Properties Market Trends and Statistics

    Explore 1 single family properties for sale in Morgantown, WV on our real estate platform. These investment opportunities span a total of 1,860 square feet of properties for sale, with an estimated market value of $325,000.

    Sale prices for single family properties in Morgantown, WV start at $325,000, averaging $325,000, and reaching up to $325,000 — 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

    Multifamily properties 12
    Duplexes 7
    Triplexes 3
    Apartment buildings 1
    Single family properties 1

    Demographics Overview

    Population 98K
    Population Growth (5Y) +0.4%
    Median Household Income $62,994
    College Educated 47.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    26504 $150K
    26505 $325K

    Taxes & Financing

    Tax Rate (average for all types) 2.40%
    Property Tax per SF $49.94 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monongalia County

    New Delisted

    Total CRE Inventory on Market (SF)

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