409 McLane, Morgantown, WV 26505
409 McLane, Morgantown, WV 26505
409 McLane, Morgantown, WV 26505
409 McLane, Morgantown, WV 26505
409 McLane, Morgantown, WV 26505
409 McLane, Morgantown, WV 26505
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Listed by MATT LACY • KLM PROPERTIES, INC
$ 449,000
Est. payment | /mo

4,608 SqFt


Save
$ 449,000
Est. payment | /mo
Save

4,608 SqFt

Key Details

Property Type Multi-Family

Sub Type 2-4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,608 sqft

Price per Sqft $97

MLS Listing ID 10167021

Style Two Story

Year Built 2001

Annual Tax Amount $7,099

Tax Year 2026

Lot Size 8,799 Sqft

Property Sub-Type 2-4 Family

Property Description

Four-unit investment property ideally positioned in Morgantown's Sunnyside neighborhood, centrally located between WVU's Downtown and Evansdale campuses. Each of the four units offers a consistent 2-bedroom, 2-bath layout with an in-unit washer and dryer, while ample off-street parking adds an important advantage in this campus-area location. All four units are currently leased into 2027, providing established income from day one. Tenants are responsible for their individual utilities, with garbage service paid by the property owner. The current owners have completed a number of improvements in recent years, including interior painting, updated flooring, select appliances, HVAC equipment, and laundry equipment. Built in 2001, the property offers a newer alternative to much of the surrounding campus-area multifamily inventory and includes two adjoining parcels. Convenient to both WVU campuses, downtown Morgantown, dining, shopping, entertainment, healthcare, and public transportation. A well-located, income-producing multifamily property with a practical unit configuration in one of Morgantown's established rental areas. Valid Letter of Compliance from City of Morgantown Code Enforcement through June 2028.

Location

State WV

County Monongalia

Area Monongalia/Morgantown

Zoning Two Family & Multi-Family Dwellings

Direction At the intersection of Monongahela Blvd (US-19) and Patteson Drive, head southeast on US-19 S towards downtown Morgantown (1.2 miles), turn left onto 4th Street. Property will be on the left on the corner of 4th Street and McLane Avenue.

Rooms

Basement None

Interior

Interior Features Electric Dryer Connection, Electric Stove Connection, Washer Connection

Heating Forced Air, Gas, Heat Pump

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Luxury Vinyl Plank, Wall-to-Wall Carpet

Equipment Cable Available, Cable Ready, Carbon Monoxide Detectors, High Speed Internet Avail, High Speed Internet Ready, Hot Water Heater Elec., Smoke Detectors

Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Exterior

Exterior Feature Deck

Parking Features None

Fence None

Waterfront Description Close Proximity

View City Lights, Neighborhood

Roof Type Shingles

Building

Story 2

Foundation Slab

Sewer City Sewer, City Water

Schools

Elementary Schools Suncrest Elementary

Middle Schools Suncrest Middle

High Schools Morgantown High

Nearby Locations

Josh Hart

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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409 McLane