For Sale

Listed by DAVID FLORES from RED BRICK PROPERTIES

Source: North Central West Virginia Real Estate Informatio #10165733

509 Grant Ave, Morgantown, WV, 26505

$550,000

6094 sq. ft.
0.27 ac.

MultiFam

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About this property

PRESENTING 501-509 Grant Street — 3-Building Multifamily Investment Portfolio A rare opportunity to acquire an entire three-building, seven-unit residential portfolio in one transaction. Sold completely vacant, this property offers an investor immediate access to renovate without tenant buyouts or lease-driven delays. Significant prep work is already underway, including drywall installation across multiple units, giving the right buyer a head start on finishing rather than starting from a gut shell. High ceilings throughout provide a strong foundation for upscale, market-rate finishes. The portfolio includes 7 total units and 15 total bedrooms across the three buildings, plus a large rear parking lot — a genuinely rare find for a downtown infill property — and an additional standalone office building on-site, offering flexibility for storage, leasing, or future development. Located in the heart of downtown Sunnyside, within a short distance of the university corridor, restaurants, and daily foot traffic, this property sits in a high-demand rental submarket with strong long-term upside. With renovation already partially underway, an investor can move directly into finishing interiors and stabilizing the units — with the rear lot and office structure adding further flexibility for parking monetization, expansion, or redevelopment down the line. This is a lucrative opportunity for an investor looking to reposition a downtown asset with real scale and real upside already baked in.

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