531 W King St

Martinsburg WV 25401

3000 sq. ft.

6000 sq. ft.

Duplex

Last sold for $459,000

Pilar Goicoechea, last sold this property on 11 July 2025 after 104 days on market.

Overview

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.

Features

6 bedrooms

3000 sq. ft. floor area

6000 sq. ft. lot size

Duplex

Estimated Value

Based on this property and similar 6 bedroom duplexes sold in Martinsburg over the last 12 months, the estimated median property value of 531 W King St is $249.5k.

Median value

$249.5k

Estimated value range

$172k - $459k

Median days on market

Estimated value trend

-18%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Martinsburg. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.