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Sold for $350,000
  • $350,000

    408 Forest Ave, Morgantown, WV 26505

    9beds
    2,766sqft
    Multi Family
    Built in 1911
    -- sqft lot
    $360,200 Zestimate®
    $127/sqft
    $1,040 Estimated rent

    Home value

    $360,200

    $295,000 - $421,000

    $1,040/mo

    Zestimate® history
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    $2,067/mo

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    What's special

    *CALLING ALL REAL ESTATE INVESTORS* *OWNER FINANCING IS AVAILABLE UPON REQUEST OF LIST AGENT* *BOTTOM UNIT NEEDS RENOVATED, SELLER WILL RENOVATE AT LIST PRICE OR REDUCE PRICE FOR AS-IS* This THREE unit building is perfect for anybody looking to get into rentals or just to add another to their current portfolio! This building has a 5 bedroom/2bathroom, 2bedroom/2bathroom and a 2 bedroom/1bathroom. It is also steps away from downtown Morgantown and downtown campuses. The 5 bedroom is leased until May 2026. Book your tour now before its too late!

    Zillow last checked:

    Listing updated:

    Listed by:

    NATHANIEL OLIVERIO 304-365-2661,

    TAYLOR-MADE REAL ESTATE

    Bought with:

    NATHANIEL OLIVERIO, WVA260040421

    TAYLOR-MADE REAL ESTATE

    Source: NCWV REIN,MLS#: 10158345MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 6
    • Full bathrooms: 6
    Basement
    • Level: Basement
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Range, Refrigerator, Washer, Dryer
    • Laundry: Washer Hookup
    Features
    • Flooring: Carpet, Luxury Vinyl Plank
    • Basement: None
    • Attic: Interior Access Only
    Interior area
    • Total structure area: 2,766
    • Total interior livable area: 2,766 sqft
    • Finished area below ground: 3

    Property

    Parking
    • Parking features: Off Street, No Garage
    • Has uncovered spaces: Yes
    Features
    • Levels: 4
    • Stories: 4
    • Patio & porch: Deck
    • Fencing: None
    • Has view: Yes
    • View description: Neighborhood
    • Waterfront features: None
    Lot
    • Size: 8,578 Square Feet
    • Features: Other
    Details
    • Parcel number: 3113 290081.0000
    • Zoning description: Single & Two Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family
    Materials
    • Concrete, Vinyl Siding
    • Foundation: Concrete Perimeter
    • Roof: Shingle
    Condition
    • Year built: 1911

    Utilities & green energy

    • Electric: 200 Amps
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Other
    Location
    • Region: Morgantown

    Financial & listing details

    • Price per square foot: $127/sqft
    • Tax assessed value: $115,700
    • Annual tax amount: $1,826
    • Date on market: 3/13/2025
    • Total actual rent: 5625
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    6/16/2025Sold$350,000-29.3%$127/sqft
    Source: NCWV REIN #10158345 Report a problem
    4/18/2025Contingent$495,000$179/sqft
    Source: NCWV REIN #10158345 Report a problem
    3/13/2025Listed for sale$495,000+102%$179/sqft
    Source: NCWV REIN #10158345 Report a problem
    4/10/2024Listing removed--
    Source: Zillow Rentals Report a problem
    2/20/2024Listed for rent$2,875$1/sqft
    Source: Zillow Rentals Report a problem
    1/1/2020Listing removed$245,000$89/sqft
    Source: COMPASS REALTY GROUP #10128168 Report a problem
    9/18/2019Price change$245,000-8.8%$89/sqft
    Source: COMPASS REALTY GROUP #10128168 Report a problem
    8/21/2019Price change$268,500-10.5%$97/sqft
    Source: COMPASS REALTY GROUP #10128168 Report a problem
    8/20/2018Listed for sale$300,000$108/sqft
    Source: HOWARD HANNA #10122335 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,830 +0.2%$69,420
    2024$1,827 -0.3%$69,420
    2023$1,832 +4.3%$69,420 +0.8%
    2022$1,756 $68,880 +0.7%
    2021-- $68,400
    2020-- $68,400
    2019$1,767 -0.3%$68,400
    2018$1,772 +0.7%$68,400 +1.2%
    2017$1,759 +0.9%$67,620 +1.4%
    2016$1,743 $66,660 +1.4%
    2015$1,743 +5.1%$65,760 +2.6%
    2014$1,658 +36.1%$64,080 +7.4%
    2013$1,219 $59,640 +19.9%
    2012$1,219 -6.6%$49,740 -2%
    2011$1,305 +6.2%$50,760 +7.6%
    2010$1,228 -0.4%$47,160 -1.1%
    2009$1,233 +1.6%$47,700 +1.1%
    2008$1,213 +1%$47,160 +1.8%
    2007$1,200 +2%$46,320 +3.1%
    2006$1,177 +2.4%$44,940 +3.2%
    2005$1,149 $43,560 +3.1%
    2004-- $42,240 +17.9%
    2003-- $35,820 -9.1%
    2002-- $39,420 +3.6%
    2001-- $38,040
    Find assessor info on the county website

    Neighborhood: 26505

    Nearby schools

    GreatSchools rating
    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.

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    $360,200
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    With Zillow Showcase(estimated)
    $367,404