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For sale
  • Price cut: $24K (10/1)
    $275,000

    12 Salty Ln, Falling Waters, WV 25419

    9beds
    --baths
    --sqft
    : 
    $1,925/mo
    Get pre-qualified
    Multi Family
    Built in 1970
    -- sqft lot
    $268,300 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    One double-wide home
    Unlock immediate, high-yield cash flow with this rare, multi-unit investment offering an extraordinary 10.17% CAP Rate. Spanning three separate parcels across 1.07 spacious acres, this fully equipped mini mobile home park delivers four distinct income streams on a single property—including two single-wide mobile homes, one additional rented mobile home lot, and one double-wide home—giving you maximum diversification and serious returns from day one. Low operational costs are built right in, with the entire property serviced by just two septic systems and one shared well to keep overhead down and profit margins high. Projecting well past standard 1% rule benchmarks, this asset combines high-performing cash flow with an unbeatable North Berkeley County location just minutes from major commuter routes and the scenic Potomac River. Properties offering true double-digit CAP rates and built-in income flexibility don't stay on the market long. Contact us today to schedule your private tour and lock in this turnkey addition to your portfolio before it's gone!
    45 days
    886
    52

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrew Fultz 540-917-5386,

    Samson Properties,

    Listing Team: The Fultz Real Estate Group

    Source: Bright MLS,MLS#: WVBE2053886MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      Heating
      • Baseboard, Electric
      Cooling
      • Window Unit(s), Electric
      Appliances
      • Included: Electric Water Heater
      Features
      • Paneled Walls
      • Flooring: Carpet
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Parking
      • Parking features: Private, Driveway
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Accessible Entrance
      Features
      • Pool features: None
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 1.07 Acres
      • Features: Backs to Trees, Corner Lot
      Details
      • Additional structures: Above Grade
      • Parcel number: 02 11C002800000000
      • Zoning: 108
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Ranch/Rambler
      • Property subtype: Multi Family
      Materials
      • Batts Insulation
      • Foundation: Permanent, Concrete Perimeter
      • Roof: Metal
      Condition
      • Average
      • New construction: No
      • Year built: 1970
      • Major remodel year: 2026

      Utilities & green energy

      • Electric: 200+ Amp Service, 100 Amp Service
      • Sewer: On Site Septic, Shared Septic
      • Water: Well-Shared
      • Utilities for property: Above Ground, Electricity Available

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      Location
      • Region: Falling Waters
      • Municipality: Falling Waters District

      Financial & listing details

      • Tax assessed value: $11,580
      • Annual tax amount: $1,303
      • Date on market: 8/21/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Bank Portfolio,Cash,Conventional
      • Exclusions: 24 Chive Is Lot Rent
      • Ownership: Fee Simple
      • Total actual rent: 32400
      • Income includes: Apartment Rentals
      • Road surface type: Gravel

        Estimated market value

        $268,300

        $255,000 - $282,000

        $1,413/mo

        Price history

        DateEventPrice
        10/1/2026Price change$275,000-8%
        Source: Bright MLS #WVBE2053886 Report a problem
        8/21/2026Listed for sale$299,000+298.7%
        Source: Bright MLS #WVBE2053886 Report a problem
        4/15/2022Sold$75,000-21.1%
        Source: EXIT Realty solds #-3542246840097182961 Report a problem
        3/27/2022Pending sale$95,000
        Source: Exit Realty #WVBE2005830 Report a problem
        3/23/2022Price change$95,000-24%
        Source: Exit Realty #WVBE2005830 Report a problem
        1/24/2022Listed for sale$125,000+4445.5%
        Source: Exit Realty #WVBE2005830 Report a problem
        6/27/1984Sold$2,750
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$738 -2.3%$30,360 -1.4%
        2024$755 -2.9%$30,780
        2023$778 +129.3%$30,780 +5.6%
        2022$339 $29,160 -12%
        2021-- $33,120 +4%
        2020-- $31,860 +2.1%
        2019$738 -10%$31,200 -9.9%
        2018$820 +0.2%$34,620 +0.9%
        2017$818 +0.7%$34,320 +1.6%
        2016$812 -1.2%$33,780 +1.4%
        2015$822 +6.6%$33,300 +6.9%
        2014$771 +2.4%$31,140 -3.2%
        2013$753 $32,160 +5.5%
        2012$753 -17.9%$30,480 -18.5%
        2011$917 +2.7%$37,380 +0.2%
        2010$893 -5.5%$37,320 -11.5%
        2009$945 -0.3%$42,180 -1.8%
        2008$948 +1.6%$42,960 +1.8%
        2007$933 +15.8%$42,180 +19.4%
        2006$806 +0.6%$35,340 +6.1%
        2005$801 $33,300 +2.8%
        2004-- $32,400
        2003-- $32,400 -3.9%
        2002-- $33,720
        2001-- $33,720
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 25419

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Berkeley County Schools

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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