$350,000
$50K PRICE DROP

140 Locust Ave Fairmont, WV 26554

Estimated payment $1,981/month

Total Views 20,576
-- Bed
-- Bath
4,200 Sq Ft
$83 Price per Sq Ft

Highlights

  • Medical Services
  • Traditional Architecture
  • Attic
  • Jayenne Elementary School Rated A-
  • Wood Flooring
  • 1-minute walk to 5th Street Park

About This Home

A great opportunity in Fairmont! Six unit apartment building currently generating over $4k per month located just over one mile to Fairmont State University. All units are currently occupied & leases will transfer. Roof is less than two years old, flooring & showers recently updated in two units. All measurements are approximate. The building is being sold as-is, 24 hours noticed required to show. See agent remarks.

Listing Agent

SARAH DEWEESE

OLD COLONY, REALTORS License #WVS220302269 Listed on: 06/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,392

Year Built

  • Built in 1924

Lot Details

  • 6,621 Sq Ft Lot
  • Lot Dimensions are 50x95
  • Sloped Lot

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Block Foundation
  • Frame Construction
  • Rolled or Hot Mop Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 4,200 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Neighborhood Views
  • Fire and Smoke Detector
  • Range
  • Attic

Flooring

  • Wood
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Porch

Schools

  • Watson Elementary School
  • West Fairmont Middle School
  • Fairmont Sr. High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas
  • 200+ Amp Service
  • 100 Amp Service

Listing and Financial Details

  • Assessor Parcel Number 240

Community Details

Overview

  • 6 Units

Amenities

  • Medical Services
  • Shops
  • Public Transportation
  • Community Library

Building Details

  • Insurance Expense $1,676
  • Gross Income $50,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,392

Year Built

Built in 1924

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 140 Locust Avenue
  • Second Address Number: 140
  • Directions: Exit 136 to Downtown Fairmont, approximately half a mile off Gateway Connector, property on left.
  • Geo Address Line: 140 Locust Ave
  • Geo Longitude: -80.147612
  • Geo Primary City: Fairmont
  • Geo Quality: 0.95
  • Geo Subdivision: WV
  • Geo Zoom Level: 16
  • GrossIncomeDollars: 50400
  • Handicap Modified: No
  • InsuranceExpenseDollars: 1676
  • List Type: Exclusive Right to Sell
  • Lot Dimension: 50x95
  • Number Of Stories: 3
  • Price per Sq Ft: 83.33
  • OFFICELIST_STATE: WV
  • Street Designation: Avenue
  • Building Style: Traditional
  • TaxAmountDollars: 1391.97
  • Total Sq Ft: 4200
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances Included: Range, Refrigerator
  • Has Attic: Interior Access Only
  • Has Basement: Full, Unfinished, Walk-Out, Concrete Floor, Exterior Access
  • Kitchen Equipment: Smoke Detectors
  • Flooring: Wood, Vinyl
  • Interior Amenities: Electric Stove Connection, 9ft+ Ceiling
  • Legal Description: LOT 3 LOCUST AVENUE GETTING ADD (APTS),BLK A LT 7 J F WATSON ADD
  • Basement Type: Other

Exterior Features

  • Exterior Construction: Frame, Block
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Fence: None
  • Foundation: Block
  • Number of Acres: 0.152
  • Roof: Rolled
  • View: Neighborhood
  • Waterfront: None

Garage/Parking

  • Garage Spaces: None
  • Parking: Off-Street Parking

Utilities

  • Cooling: Ceiling Fan(s)
  • Electricity: 100 Amps, 200 Amps
  • Heating: Forced Air, Baseboards, Gas
  • Water Sewer Description: City Sewer, City Water

Condo/Co-op/Association

  • Community Amenities: Shopping/Mall, Library, Medical Facility, Public Transportation
  • Units in Building: 6
  • Property Description: Sloping

Fee Information

  • Tax Class: Multi-Unit/Income

Schools

  • Elementary School: Watson Elementary
  • Middle School: West Fairmont Middle
  • High School: Fairmont Sr. High
  • School District: Fairmont Corporation
  • Elementary School: Watson Elementary
  • High School: Fairmont Sr. High
  • Middle School: West Fairmont Middle

Lot Info

  • Geo Update Timestamp: 2025-06-03
  • Deed Page: 370
  • Parcel #: 240
  • Zoning: Main Corridor Commercial

Tax Info

  • Tax Year: 2024

MLS Schools

  • School County: Marion

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 Price Changed $350,000 -10.3% $83 / Sq Ft
06/27/2025 06/27/25 Price Changed $390,000 -2.5% $93 / Sq Ft
06/03/2025 06/03/25 For Sale $400,000 +105.2% $95 / Sq Ft
10/06/2023 10/06/23 Sold -- -- --
08/30/2023 08/30/23 For Sale $194,900 -- $46 / Sq Ft
Source: North Central West Virginia REIN

Source: North Central West Virginia REIN

MLS Number: 10159815

North Central West Virginia REIN
West Virginia Marion County Fairmont 26554

140 Locust Ave, Fairmont, WV

This home is located at 140 Locust Ave, Fairmont, WV 26554 and is currently priced at $350,000, approximately $83 per square foot. This property was built in 1924. 140 Locust Ave is a home located in Marion County with nearby schools including Jayenne Elementary School, West Fairmont Middle School, and Fairmont Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Central West Virginia REIN Data provided by North Central WV Real Estate Information Network, Inc.
IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes
Listing Agent
SARAH DEWEESE
Section Image
OLD COLONY, REALTORS
(681) 491-4394