29 Oakwood Rd Fairmont, WV 26554
Estimated payment $2,780/month
Highlights
- A-Frame Home
- Private Yard
- Luxury Vinyl Plank Tile Flooring
- Jayenne Elementary School Rated A-
- Landscaped
- Forced Air Heating System
About This Home
Turnkey multifamily investment with strong upside! This 7 Unit property features new siding, new roof, off-street parking, updated windows, new flooring, new appliances, and electrical upgrades. Several units have already been modernized, reducing future cap-ex needs. Currently rented below market, offering immediate value-add potential through rent increases. Located near schools, shopping, and main commuter routes, this is a prime cash-flow property with both stability and growth potential. Highlights Include 2 Efficiencies, 2 (1) bedroom, 1 (2) bedroom, 2 (3) bedrooms Certificates of Occupancy Recent major capital improvements (roof, siding, electrical). Updated interiors in several units. Off-street tenant parking. Below-market rents with room for upside. Perfect for investors seeking a property with strong fundamentals, minimal deferred maintenance, and clear opportunity to boost returns.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,456
Year Built
- Built in 1924
Lot Details
- Lot Dimensions are 60 x 120
- Landscaped
- Private Yard
Home Design
- 3,920 Sq Ft Home
- A-Frame Home
- Block Foundation
- Shingle Roof
- Wood Siding
- Block Exterior
- Vinyl Siding
Flooring
- Wall to Wall Carpet
- Luxury Vinyl Plank Tile
Parking
- 3 Car Parking Spaces
- Off-Street Parking
Schools
- Watson Elementary School
- West Fairmont Middle School
- Fairmont Sr. High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Baseboard Heating
- 200+ Amp Service
- 100 Amp Service
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number 0027
Community Details
Overview
- 7 Units
- 5-Story Property
Building Details
- Gross Income $6,660
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,517 | $49,200 | $9,840 | $39,360 |
| 2023 | $0 | $47,520 | $9,840 | $37,680 |
| 2022 | $0 | $45,840 | $9,840 | $36,000 |
| 2021 | $1,295 | $43,980 | $9,840 | $34,140 |
| 2020 | $1,253 | $42,360 | $9,840 | $32,520 |
| 2019 | $1,216 | $40,500 | $9,840 | $30,660 |
| 2018 | $1,314 | $44,040 | $9,840 | $34,200 |
| 2017 | $1,244 | $42,060 | $8,520 | $33,540 |
| 2016 | $1,231 | $41,760 | $9,420 | $32,340 |
| 2015 | $1,231 | $41,460 | $10,560 | $30,900 |
| 2014 | -- | $40,800 | $10,320 | $30,480 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | For Sale | $499,000 | -- | $127 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Contract Of Sale | $195,000 | -- | |
| Deed | $27,500 | -- | |
| Foreclosure Deed | $12,000 | None Available |
Source: North Central West Virginia REIN
MLS Number: 10161522
APN: 03-26-00270000
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.
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.
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