Excellent investment opportunity in the heart of Morgantown! This well-maintained multi-building property includes a 5-unit apartment building at 465 Wilson Avenue and a separate 2-unit building at 462 Winsley Street, offering a total of 7 income-producing units. Stabilized asset with clear, supportable income profile. Strong in place operations with tenant paid utilities across the majority of the units. Priced to market to facilitate a straightforward transaction. Ideally located minutes to downtown Morgantown, tenants enjoy convenient access to the rail trail, shopping, dining, and local attractions. The property also features a dedicated off-street parking lot with 14 spaces—an in-demand amenity in this area. With reliable occupancy, desirable location, and ease of rental, this property is perfect for investors looking to expand their portfolio with a reliable, cash-flowing asset.
For sale
$839,000
465 Wilson Ave, Morgantown, WV 26501
16beds
7,485sqft
Multi Family
Built in 1991
-- sqft lot
$-- Zestimate®
$112/sqft
$-- HOA
What's special
- 157 days
- 236
- 17
Zillow last checked:
Listing updated:
Listed by:
LISA DOWNS 304-216-1653,
BLUE SKY REALTY, LLC
Source: NCWV REIN,MLS#: 10163898
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 10
- Full bathrooms: 6
- 1/2 bathrooms: 4
Basement
- Level: Basement
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Window Unit(s), Attic Fan
Appliances
- Included: Range, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: Washer Hookup
Features
- High Speed Internet
- Flooring: Carpet, Vinyl, Laminate, Luxury Vinyl Plank
- Basement: Unfinished,Interior Entry,Exterior Entry
- Attic: Interior Access Only,Floor,Permanent Stairs
Interior area
- Total structure area: 7,485
- Total interior livable area: 7,485 sqft
- Finished area below ground: 6
Property
Parking
- Parking features: Off Street, No Garage
- Has uncovered spaces: Yes
Features
- Levels: 2
- Stories: 2
- Patio & porch: Porch
- Exterior features: Balcony, Lighting
- Fencing: None
- Has view: Yes
- View description: Neighborhood
- Waterfront features: None
Lot
- Size: 3,945 Square Feet
- Dimensions: 100 x 138 x 80
- Features: Level, Sloped
Details
- Parcel number: 3110003602820000
- Zoning description: Small Scale Commercial Business
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Frame, Wood, Concrete, Block, Wood Siding, Vinyl Siding
- Foundation: Block, Masonry
- Roof: Shingle
Condition
- Year built: 1991
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Cable Available
Community & HOA
Community
- Features: Park, Playground, Public Transportation
- Security: Smoke Detector(s), Carbon Monoxide Detector(s)
Location
- Region: Morgantown
Financial & listing details
- Price per square foot: $112/sqft
- Tax assessed value: $292,700
- Annual tax amount: $6,000
- Date on market: 3/26/2026
- Total actual rent: 6950
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,076/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/3/2026 | Price change | $839,000-11.7%$112/sqft |
Source:  NCWV REIN #10163898 Report a problem | ||
| 3/26/2026 | Listed for sale | $950,000+46.2%$127/sqft |
Source: NCWV REIN #10163898 Report a problem | ||
| 10/5/2020 | Listing removed | $650,000$87/sqft |
Source: CENTURY 21 AT YOUR SERVICE #10126929 Report a problem | ||
| 10/3/2019 | Price change | $650,000-3.7%$87/sqft |
Source: CENTURY 21 At Your Service #10126929 Report a problem | ||
| 6/14/2019 | Listed for sale | $675,000$90/sqft |
Source: CENTURY 21 AT YOUR SERVICE #10126929 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,631 +0.6% | $175,620 +0.4% |
| 2024 | $4,602 -0.3% | $174,900 |
| 2023 | $4,616 +3.5% | $174,900 |
| 2022 | $4,459 | $174,900 +67.6% |
| 2021 | -- | $104,340 |
| 2020 | -- | $104,340 -1.6% |
| 2019 | $2,739 -1.9% | $106,020 -1.6% |
| 2018 | $2,791 -1.9% | $107,760 -1.5% |
| 2017 | $2,845 -2.1% | $109,380 -1.6% |
| 2016 | $2,905 | $111,120 -1.5% |
| 2015 | $2,905 +2.1% | $112,860 -1.5% |
| 2014 | $2,846 | $114,540 +57.4% |
| 2004 | -- | $72,780 +13.9% |
| 2003 | -- | $63,900 -9.9% |
| 2002 | -- | $70,920 +4.7% |
| 2001 | -- | $67,740 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 26501
Nearby schools
Schools provided by the listing agent
- Elementary: Mountainview Elementary
- Middle: South Middle
- High: Morgantown 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.
