Turn-key investment property available with high-traffic, downtown location. Income producing, currently set up with 3 residential apartments, and one commercial tenant, plus storage leasing. The property includes separate lots along with the large two-story building with central heating and air, a detached cottage, a separate garage with 7 storage units, plus a large private parking lot. With all three tax records combined, the 0.217-acre lot benefits from its prime location with a level terrain and significant road frontage. The main building has a one bedroom apartment and one commercial space on the main level and a second residential apartment on the second level. The storage units at the rear of the property are being marketed as-is.
For sale
$354,900
311-315 S Raleigh St, Martinsburg, WV 25401
4beds
4baths
2,913sqft
Quadruplex
Built in 1925
-- sqft lot
$347,300 Zestimate®
$122/sqft
$-- HOA
What's special
Separate lotsOne bedroom apartmentDetached cottageLarge two-story buildingLarge private parking lotCentral heating and airLevel terrain
- --
- on Zillow
- 265
- views
- 26
- saves
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Adam Miller 304-582-3606,
Coldwell Banker Premier,
Listing Team: The Miller Team, Co-Listing Team: The Miller Team,Co-Listing Agent: Paula J Miller 304-671-1404,
Coldwell Banker Premier
Source: Bright MLS,MLS#: WVBE2055430
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Basement
- Area: 0
Heating
- Central, Other, Zoned, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,913
- Total interior livable area: 2,913 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Paved, Private, Parking Lot
Accessibility
- Accessibility features: None
Features
- Pool features: None
- Has view: Yes
- View description: Street
- Frontage type: Road Frontage
Lot
- Size: 9,583 Square Feet
- Dimensions: 31 x 92; 36.5 x 64;
- Features: Additional Lot(s), Level, Downtown
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 06 14010100000000
- Zoning: 105
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Quadruplex
Materials
- Block
- Foundation: Block
- Roof: Metal
Condition
- Average
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Broadband, Cable
Community & HOA
Community
- Subdivision: Martinsburg City
Location
- Region: Martinsburg
- Municipality: City Of Martinsburg
Financial & listing details
- Price per square foot: $122/sqft
- Tax assessed value: $206,900
- Annual tax amount: $3,852
- Date on market: 10/21/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Bank Portfolio,FHA,Other
- Ownership: Fee Simple
- Total actual rent: 42180
- Income includes: Apartment Rentals, Professional Offices
- Road surface type: Black Top, Paved
Estimated market value
$347,300
$330,000 - $365,000
$1,426/mo
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Downtown
Nearby schools
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.







