Rare commercial investment opportunity in the heart of Morgantown! Built in 2013/14, this high performing 87 unit multifamily complex offers the ultimate student living experience just a ten minute stroll from West Virginia University's downtown campus. Spanning four adjacent buildings within a single cohesive community, the property features a unit mix consisting of 79 one-bedroom/one-bathroom units and 8 two-bedroom/two-bathroom units, all equipped with convenient in unit washers and dryers. The portfolio includes 36 one bedroom units at 612 Protzman Street, 24 one bedroom units at 7 Glenn Street, 16 one bedroom units at 3 Glenn Street, and 11 total units at 508 Protzman Street, which houses the 8 two bedroom layouts alongside 3 one bedroom units. Furthermore, 508 Protzman features an on site fitness room that presents immediate value add potential for conversion into an additional income producing studio apartment. Complete with off street parking for every single bedroom, this turnkey asset delivers exceptional location, strong tenant appeal, and outstanding revenue generation.
For sale
$7,750,000
612 Protzman St, Morgantown, WV 26505
3beds
53,976sqft
Multi Family
Built in 2013
-- sqft lot
$-- Zestimate®
$144/sqft
$-- HOA
What's special
On site fitness room
- 9 days
- 403
- 20
Zillow last checked:
Listing updated:
Listed by:
ANTHONY DiMATTEIS 304-670-6373,
BLUE SKY REALTY, LLC
Source: NCWV REIN,MLS#: 10167686
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Basement
- Level: Basement
Heating
- Central, Electric, Forced Air
Cooling
- Ceiling Fan(s), Central Air, Electric
Appliances
- Included: Other
- Laundry: Washer/Dryer All
Features
- Other
- Flooring: Laminate, Luxury Vinyl Plank, Other
- Basement: None
- Attic: Other
Interior area
- Total structure area: 53,976
- Total interior livable area: 53,976 sqft
- Finished area below ground: 5
Property
Parking
- Parking features: Off Street, Other, No Garage
- Has uncovered spaces: Yes
Features
- Levels: 4
- Stories: 4
- Exterior features: Other
- Fencing: None
- Has view: Yes
- View description: City Lights, Other
- Waterfront features: None
Lot
- Size: 1.5 Acres
- Dimensions: 1.5 AC
- Features: Level, Other, Sprinkler System
Details
- Parcel number: 3112002004510000
- Zoning description: General Commercial
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Frame, Other, Vinyl Siding
- Foundation: Concrete Perimeter, Other
- Roof: Shingle
Condition
- Year built: 2013
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Other
- Security: Fire Sprinkler System
Location
- Region: Morgantown
Financial & listing details
- Price per square foot: $144/sqft
- Tax assessed value: $2,015,900
- Annual tax amount: $87,743
- Date on market: 11/2/2026
- Total actual rent: 1750
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/2/2026 | Listed for sale | $7,750,000+1723.5%$144/sqft |
Source:  NCWV REIN #10167686 Report a problem | ||
| 2/5/2014 | Sold | $425,000$8/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $31,893 -1.8% | $1,209,540 -2% |
| 2024 | $32,482 -0.3% | $1,234,500 |
| 2023 | $32,581 +2.7% | $1,234,500 -0.8% |
| 2022 | $31,723 | $1,244,220 -1.5% |
| 2021 | -- | $1,263,600 -1.6% |
| 2020 | -- | $1,284,060 -0.8% |
| 2019 | $33,426 -1.7% | $1,293,780 -1.5% |
| 2018 | $34,018 -1.9% | $1,313,220 -1.5% |
| 2017 | $34,665 -2.6% | $1,332,660 -2.1% |
| 2016 | $35,602 | $1,361,760 +77.6% |
| 2015 | $35,602 +84.1% | $766,680 +1048.1% |
| 2014 | $19,336 +2787.2% | $66,780 +13.7% |
| 2013 | $670 | $58,740 +7.5% |
| 2012 | $670 +76.9% | $54,660 +85.5% |
| 2011 | $379 +1.7% | $29,460 +2.5% |
| 2010 | $372 -0.4% | $28,740 -0.6% |
| 2009 | $374 +1.1% | $28,920 +0.6% |
| 2008 | $369 +0.1% | $28,740 +0.8% |
| 2007 | $369 -5.8% | $28,500 -4.8% |
| 2006 | $392 +1.1% | $29,940 +1.8% |
| 2005 | $388 | $29,400 +1.9% |
| 2004 | -- | $28,860 +8.8% |
| 2003 | -- | $26,520 -4.7% |
| 2002 | -- | $27,840 -23.6% |
| 2001 | -- | $36,420 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 26505
Nearby schools
Schools provided by the listing agent
- Elementary: Brookhaven Elementary
- Middle: Mountaineer 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.
