LOCATION, LOCATION, LOCATION! This 26-unit apartment building offers an exceptional investment opportunity in the heart of Downtown Morgantown. The property features a mix of 1, 2, and 3-bedroom units, catering to a diverse tenant base, including students and professionals. With a total area of 30,000 square feet, the building also includes a 10,000-square-foot lower-level retail space. The building's prime location provides easy access to the Downtown WVU Campus, the Personal Rapid Transit (PRT) system, and the scenic Rail-Trail. This property is a unique find combining residential and commercial opportunities in a vibrant, growing community. Call to schedule your appointment today!
Sold for $2,530,000
$2,530,000
1389 University Ave, Morgantown, WV 26505
6beds
30,000sqft
Multi Family
Built in 1960
-- sqft lot
$2,626,600 Zestimate®
$84/sqft
$2,275 Estimated rent
Home value
$2,626,600
$2.10M - $3.23M
$2,275/mo
Zestimate® history
Owner options
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$2,275/mo
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$2,275/mo
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$11,877/mo
Est. payment
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$11,877/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
CHRISTOPHER DANG 304-276-3812,
DANG & CO LLC
Bought with:
DESTINY SYLVESTER, WVS190300676
BEL-CROSS PROPERTIES, LLC
Source: NCWV REIN,MLS#: 10155624
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Basement
- Level: Basement
Heating
- Forced Air, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: Washer Hookup
Features
- 9ft+ Ceiling
- Flooring: Carpet, Ceramic Tile, Concrete, Laminate
- Windows: Window Treatments
- Basement: Full,Walk-Out Access,Interior Entry,Garage Access
- Attic: Pull Down Stairs
Interior area
- Total structure area: 30,000
- Total interior livable area: 30,000 sqft
- Finished area below ground: 4
Property
Parking
- Parking features: Other, Assigned
- Has garage: Yes
Features
- Levels: 3
- Stories: 3
- Exterior features: Lighting
- Fencing: None
- Has view: Yes
- View description: Mountain(s), City Lights, Lake or River, Water
- Has water view: Yes
- Water view: Lake or River,Water
- Waterfront features: River Front
Lot
- Size: 0.61 Acres
- Features: Waterfront, Level, Other
Details
- Parcel number: 1126A000300000000
- Zoning description: Central Business
- Other equipment: Intercom
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Metal, Concrete, Aluminum Siding, Block
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- Year built: 1960
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Features: Park, Pool, Tennis Court(s), Shopping/Mall, Library, Medical Facility, Public Transportation
- Security: Smoke Detector(s), Security System, Video/Audio Monitoring, Fire Escape
Location
- Region: Morgantown
Financial & listing details
- Price per square foot: $84/sqft
- Tax assessed value: $1,114,000
- Annual tax amount: $19,018
- Date on market: 8/2/2024
- Total actual rent: 3683
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2025 | Listing removed | $1,050 |
Source: Zillow Rentals Report a problem | ||
| 3/3/2025 | Listed for rent | $1,050 |
Source: Zillow Rentals Report a problem | ||
| 12/12/2024 | Sold | $2,530,000-12.5%$84/sqft |
Source:  NCWV REIN #10155624 Report a problem | ||
| 8/2/2024 | Listed for sale | $2,890,000$96/sqft |
Source: NCWV REIN #10155624 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,624 +0.6% | $668,400 +0.4% |
| 2024 | $17,519 -0.3% | $665,820 |
| 2023 | $17,572 +2.9% | $665,820 -0.5% |
| 2022 | $17,069 | $669,480 -1.1% |
| 2021 | -- | $676,860 -0.5% |
| 2020 | -- | $680,520 -1.1% |
| 2019 | $17,773 -0.8% | $687,900 -0.5% |
| 2018 | $17,914 -1.5% | $691,560 -1.1% |
| 2017 | $18,181 -1.5% | $698,940 -1% |
| 2016 | $18,466 | $706,320 -1% |
| 2015 | $18,466 +2.6% | $713,640 -1% |
| 2014 | $17,998 | $721,020 |
Find assessor info on the county website
Neighborhood: 26505
Nearby homes
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Nearby schools
GreatSchools rating
- 6/10Eastwood Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 9/10Mountaineer Middle SchoolGrades: 6-8Distance: 0.7 mi
- 9/10University High SchoolGrades: 9-12Distance: 4.2 mi
Schools provided by the listing agent
- Elementary: Eastwood Elementary
- Middle: Mountaineer Middle
- High: University High
- District: Monongalia
Source: NCWV REIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Sell for more on Zillow
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$2,626,600
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+$52,532
With Zillow Showcase(estimated)
$2,679,132
- West Virginia
- Monongalia County
- Morgantown
- 26505
- 1389 University Ave
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