318 High St Morgantown, WV 26505
Downtown Morgantown NeighborhoodEstimated payment $9,826/month
Highlights
- Neighborhood Views
- Central Heating and Cooling System
- 3-minute walk to Stanely's Spot Dog Park
- Eastwood Elementary School Rated A-
- Partially Fenced Property
About This Home
Prime Mixed-Use Investment Opportunity! This fully leased property features three commercial storefronts and six residential apartments, making it a strong income-producing asset. Each Apartment is separately metered and equipped with in-unit washer/dryer, central heating and air, and access to a well-maintained & recently inspected fire alarm & Sprinkler system. Recent capital improvements include a new roof, and upgraded ACs in some units ensuring long-term stability. The owner is open to seller financing down payment for well-qualified buyers and is also willing to sell & package the adjacent building at 201 Walnut St for a discounted rate—presenting a rare opportunity to expand your downtown portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,608
Year Built
- Built in 1920
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 60x106
- Partially Fenced Property
Parking
- 3 Car Parking Spaces
Home Design
- Block Foundation
- Shingle Roof
- Rubber Roof
- Block Exterior
Interior Spaces
- 16,324 Sq Ft Home
- 4-Story Property
- Laminate Flooring
- Neighborhood Views
- Basement Fills Entire Space Under The House
Schools
- Eastwood Elementary School
- Mountaineer Middle School
- Morgantown High School
Utilities
- Central Heating and Cooling System
- 200+ Amp Service
Community Details
- 9 Units
Listing and Financial Details
- Assessor Parcel Number 0120
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 |
|---|---|---|---|---|
| 2025 | $10,880 | $412,620 | $136,200 | $276,420 |
| 2024 | $10,880 | $411,180 | $136,200 | $274,980 |
| 2023 | $10,819 | $411,180 | $136,200 | $274,980 |
| 2022 | $10,483 | $411,180 | $136,200 | $274,980 |
| 2021 | $10,525 | $411,180 | $136,200 | $274,980 |
| 2020 | $10,562 | $411,180 | $136,200 | $274,980 |
| 2019 | $10,623 | $411,180 | $136,200 | $274,980 |
| 2018 | $10,651 | $411,180 | $136,200 | $274,980 |
| 2017 | $10,696 | $411,180 | $136,200 | $274,980 |
| 2016 | $10,750 | $411,180 | $136,200 | $274,980 |
| 2015 | $10,370 | $411,180 | $136,200 | $274,980 |
| 2014 | $9,956 | $409,980 | $135,000 | $274,980 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | For Sale | $1,699,999 | -- | $104 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,250,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,846,167 | New Conventional |
Source: North Central West Virginia REIN
MLS Number: 10160619
APN: 11-26A-01200000
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.