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Listed price in listed location currency (USD).
$1,199,000

26221

MLS® 5234676

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage Yes
Taxes $7,118
Days Active 16
Lot Size 0.575 Acres
Approx. Age 1950
MLS® Number 5234676

Property Address: 2608 Avery St, Parkersburg, WV, 26104-2563

Average square foot calculated using Size range provided by listing agent.

Description

14-UNIT INVESTMENT PORTFOLIO | FULLY OCCUPIED | TURNKEY OPPORTUNITY An exceptional opportunity to acquire 14 well-maintained, income-producing units in one convenient location. Situated on connected parcels in a quiet, established North End neighborhood, this fully occupied portfolio offers the scale of a multi-unit investment with the added advantage of having the entire operation concentrated together for efficient management. The offering consists of 12 townhome units, a freestanding 1-bedroom garage apartment, and a separate 1-bedroom ranch home. Each unit features off-street parking and in-unit laundry, two highly desirable amenities that add convenience for tenants and enhance long-term rental appeal. A standout feature for the investor is the freestanding garage apartment, which provides additional rental income while also offering valuable space for maintenance equipment, tools, replacement materials, and repair inventory, creating an ideal on-site hub for managing the entire portfolio. Well maintained with many updates, this property offers full occupancy, established rental income, multiple unit configurations, and connected parcels, allowing the next owner to step into an established operation from day one. For the investor looking to add meaningful door count without acquiring properties scattered throughout the area, this portfolio checks an important box: 14 units, one location, established tenants, and immediate income potential. A truly turnkey addition to an investment portfolio. All units are pet-free, smoke-free, and non HUD registered with a cap rate of 8.4
MLS® Number5234676
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1950
Basement
DrivewayGravel, Off Street, Parking Lot
Garage Spaces
HeatForced Air
A/CCentral Air, Wall Window Units

Extras

Price History

Last Sold Price

$612,500$612.5K

Appreciation

--

Avg. Days Listed

0 days

Today, For Sale for $1,199,000

For Sale · 15 days

$1,199,000

MLS® 5234676

16 days ago

Not Sold Yet

August 2026, For Sale for $1,199,000

For Sale · 15 days

$1,199,000

MLS® 5234676

16 days ago

Not Sold Yet

September 2023, Sold for $612,500

Sold · 0 days

$612,500

MLS® 4488261

3 years ago

Sold on Sep 1, 2023

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