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Sold for $459,000
  • $459,000

    531 W King St, Martinsburg, WV 25401

    6beds
    --baths
    3,000sqft
    Quadruplex
    Built in 1935
    -- sqft lot
    $476,400 Zestimate®
    $153/sqft
    $1,279 Estimated rent

    Home value

    $476,400

    $429,000 - $529,000

    $1,279/mo

    Zestimate® history
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    $1,279/mo

    Rent Zestimate®

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    $2,132/mo

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    $2,132/mo

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    What's special

    Small fenced backyard
    This property is fully rented, and the leases remain in effect after the sale. The current rent roll is $4,775.00, monthly which includes pet fees. This is an old building that has been modified over time, and all measurements and footage are estimates. The current owner has renovated almost the entire building. The roof was replaced before the owner purchased the building. It is a low-maintenance, income-generating property ready for its next owner to collect the rents. It comes with a concrete block garage/storage space at the back of the property and offers a small fenced backyard to the tenant in Unit D. The property adjoins the Woolen Mill condo project, which may increase the property's value upon completion as Martinsburg continues to develop. The property reflects the characteristics of Old Downtown Martinsburg. It is one block from the Garage at King, a few blocks from the judicial center, and within walking distance of various Downtown Martinsburg events. It is also four blocks from Burke Street Park and the walking trail, approximately four blocks from the MARC train station and Roundhouse, and two blocks from Everything Cheesecake. Its location is convenient. Viewing times for the property are limited to respect the tenants' working hours and privacy. Showings are only available on Saturdays and Sundays from 11:00am to 2:00pm. There is no lockbox and no sign. Please schedule online. Thank you.

    Zillow last checked:

    Listing updated:

    Listed by:

    Pilar Goicoechea 703-618-6858,

    Samson Properties

    Bought with:

    Sara Duncan, WV0030127

    RE/MAX Distinctive Real Estate

    Source: Bright MLS,MLS#: WVBE2038730MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    Basement
    • Area: 0
    Heating
    • Baseboard, Electric
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Other
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 3,000
    • Total interior livable area: 3,000 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 6,000 Square Feet
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 06 14002500000000
    • Zoning: DOWNTOWN
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Quadruplex
    Materials
    • Brick, Stone, Wood Siding, Aluminum Siding, Concrete, Combination
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1935

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: None Available
    Location
    • Region: Martinsburg

    Financial & listing details

    • Price per square foot: $153/sqft
    • Tax assessed value: $98,520
    • Annual tax amount: $3,123
    • Date on market: 3/29/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA
    • Ownership: Fee Simple
    • Total actual rent: 57300

    Price history

    DateEventPrice
    7/11/2025Sold$459,000-2.3%$153/sqft
    Source: Bright MLS #WVBE2038730 Report a problem
    6/1/2025Contingent$470,000$157/sqft
    Source: Bright MLS #WVBE2038730 Report a problem
    3/29/2025Listed for sale$470,000+46.9%$157/sqft
    Source: Bright MLS #WVBE2038730 Report a problem
    9/5/2023Sold$320,000$107/sqft
    Source: Bright MLS #WVBE2019096 Report a problem
    7/5/2023Listing removed--
    Source: Zillow Rentals Report a problem
    6/19/2023Listed for rent$1,200+84.6%
    Source: Zillow Rentals Report a problem
    5/26/2023Pending sale$320,000$107/sqft
    Source: Bright MLS #WVBE2019096 Report a problem
    5/19/2023Listed for sale$320,000+131.9%$107/sqft
    Source: Bright MLS #WVBE2019096 Report a problem
    7/18/2019Sold$138,000-8%$46/sqft
    Source: Public Record Report a problem
    1/28/2019Listed for sale$150,000+15.5%$50/sqft
    Source: Weichert Realtors - Blue Ribbon #WVBE139208 Report a problem
    3/31/2018Listing removed$650
    Source: Weichert Realtors - Blue Ribbon #1004428011 Report a problem
    1/10/2018Listed for rent$650+8.3%
    Source: Weichert Realtors #1004428011 Report a problem
    8/29/2017Listing removed$600
    Source: Weichert Realtors Report a problem
    8/26/2017Listed for rent$600
    Source: Weichert Realtors Report a problem
    7/14/2016Listing removed$129,900$43/sqft
    Source: Keller Williams - Martinsburg #BE9618307 Report a problem
    4/6/2016Listed for sale$129,900$43/sqft
    Source: Keller Williams Rice Realty #BE9618307 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,063 +31.4%$130,380 +32.3%
    2024$3,092 +10.3%$98,520 +13.1%
    2023$2,802 +12.3%$87,120 +5.9%
    2022$2,495 $82,260 +7.7%
    2021-- $76,380 +20%
    2020-- $63,660 +0.9%
    2019$1,937 +1.8%$63,120 +1.8%
    2018$1,904 +3%$61,980 +3.7%
    2017$1,849 +1.1%$59,760 +1.8%
    2016$1,828 -6.8%$58,680 -4.9%
    2015$1,961 -6.7%$61,680 -6.5%
    2014$2,103 $66,000
    Find assessor info on the county website

    Neighborhood: 25401

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Martinsburg
    • 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.

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    Estimated market value
    $476,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $476,400