Proven Investment Opportunity!! Four remodeled apartments, a 3 bed home and a storage building with the potential of approximately $4100/month income generation. Seller has current leases in place that could be transferred upon ownership. Prime Elkins location, close to all amenities and Davis & Elkins College.
Sold for $270,000
$270,000
401 Lincoln Ave, Elkins, WV 26241
11beds
4,868sqft
Multi Family
Built in 1940
-- sqft lot
$273,100 Zestimate®
$55/sqft
$904 Estimated rent
Home value
$273,100
$259,000 - $287,000
$904/mo
Zestimate® history
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Remodeled apartmentsStorage building
Zillow last checked:
Listing updated:
Listed by:
ANNA STEWART 304-439-4774,
BOWIE HOME & LAND, LLC
Bought with:
ANNA STEWART, WV0030114
BOWIE HOME & LAND, LLC
Source: NCWV REIN,MLS#: 10163828
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
Basement
- Level: Basement
Heating
- Baseboard, Central, Electric, Natural Gas
Cooling
- Attic Fan, Central Air, Window Unit(s)
Appliances
- Included: Dryer, Range, Refrigerator, Washer, Gas Stove Connection
- Laundry: Washer Hookup
Features
- High Speed Internet
- Flooring: Vinyl, Carpet, Wood
- Basement: Partial,Unfinished
- Attic: Interior Access Only
Interior area
- Total structure area: 4,868
- Total interior livable area: 4,868 sqft
- Finished area below ground: 4
Property
Parking
- Total spaces: 3
- Parking features: 3+ Cars, Off Street, No Garage
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Fencing: Partial
- Has view: Yes
- View description: Neighborhood
- Waterfront features: None
Lot
- Size: 6,250 Square Feet
- Dimensions: 60 x 108 x 60 x 142
- Features: Corner Lot, Level
Details
- Parcel number: 4205000501110000
- Zoning description: Apartment Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Block, Frame, Aluminum Siding, Asbestos
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1940
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Features: Golf, Health Club, Library, Medical Facility, Park, Playground, Pool, Public Transportation, Shopping/Mall, Tennis Court(s)
Location
- Region: Elkins
Financial & listing details
- Price per square foot: $55/sqft
- Tax assessed value: $90,100
- Annual tax amount: $865
- Date on market: 3/21/2026
- Total actual rent: 4100
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Sold | $270,000-3.6%$55/sqft |
Source:  NCWV REIN #10163828 Report a problem | ||
| 5/6/2026 | Pending sale | $280,000$58/sqft |
Source: NCWV REIN #10163828 Report a problem | ||
| 3/26/2026 | Contingent | $280,000$58/sqft |
Source: NCWV REIN #10163828 Report a problem | ||
| 3/21/2026 | Listed for sale | $280,000+17.9%$58/sqft |
Source: NCWV REIN #10163828 Report a problem | ||
| 4/30/2025 | Sold | $237,500-31.9%$49/sqft |
Source: NCWV REIN #10155672 Report a problem | ||
| 4/28/2025 | Pending sale | $349,000$72/sqft |
Source: NCWV REIN #10155672 Report a problem | ||
| 2/24/2025 | Contingent | $349,000$72/sqft |
Source: NCWV REIN #10155672 Report a problem | ||
| 2/24/2025 | Listed for sale | $349,000$72/sqft |
Source: NCWV REIN #10155672 Report a problem | ||
| 2/3/2025 | Listing removed | $349,000$72/sqft |
Source: NCWV REIN #10155672 Report a problem | ||
| 1/2/2025 | Listed for sale | $349,000$72/sqft |
Source: NCWV REIN #10155672 Report a problem | ||
| 12/2/2024 | Contingent | $349,000$72/sqft |
Source: NCWV REIN #10155672 Report a problem | ||
| 10/24/2024 | Price change | $349,000-6.9%$72/sqft |
Source: NCWV REIN #10155672 Report a problem | ||
| 8/5/2024 | Listed for sale | $375,000$77/sqft |
Source: NCWV REIN #10155672 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $502 -46.4% | $54,060 +6.6% |
| 2024 | $937 +126.5% | $50,700 +13.3% |
| 2023 | $414 +9.1% | $44,760 +9.1% |
| 2022 | $379 | $41,040 +11% |
| 2021 | -- | $36,960 +6.9% |
| 2020 | -- | $34,560 +1.6% |
| 2019 | $130 +2.2% | $34,020 +0.9% |
| 2018 | $127 +3.2% | $33,720 +1.3% |
| 2017 | $123 +4.2% | $33,300 +1.6% |
| 2016 | $118 -11.1% | $32,760 +2.6% |
| 2015 | $133 +11.2% | $31,920 +3.9% |
| 2014 | $119 +14.1% | $30,720 +2% |
| 2013 | $105 | $30,120 +2.2% |
| 2012 | $105 | $29,460 -7.7% |
| 2011 | -- | $31,920 +3.7% |
| 2010 | $100 +5.3% | $30,780 +1.4% |
| 2009 | $95 +9.2% | $30,360 +3.3% |
| 2008 | $87 +6.4% | $29,400 +1.9% |
| 2007 | $82 +11.1% | $28,860 +3% |
| 2006 | $74 -32.4% | $28,020 +11.2% |
| 2005 | $109 | $25,200 +5% |
| 2004 | -- | $24,000 +11.4% |
| 2003 | -- | $21,540 |
| 2002 | -- | $21,540 +2.3% |
| 2001 | -- | $21,060 |
Find assessor info on the county website
Neighborhood: 26241
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Nearby schools
GreatSchools rating
- 5/10Elkins Third Ward Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Elkins Middle SchoolGrades: 6-8Distance: 0.3 mi
- 7/10Elkins High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Elkins Third Ward Elementary
- Middle: Elkins Middle
- High: Elkins High
- District: Randolph
Source: NCWV REIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- West Virginia
- Randolph County
- Elkins
- 26241
- 401 Lincoln Ave
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