Company Logo
SIGN UP LOGIN
Virtual Tour 1

50 Total Photos [Click to View All]

1284 River Road
Morgantown, WV 26501

$490,000 - Status: Active
MLS# 5191559

High-Yield Investment Opportunity: Multi-Unit Compound with Unrestricted Zoning Unlock Maximum ROI on 1.59 Unrestricted Acres Positioned in a high-growth corridor, this rare 1.59-acre asset offers a unique income stream potential with no zoning restrictions, perfect for a residential compound, commercial hub, or short/long-term rental portfolio. The Assets include Primary Residence (Value-Add Potential): A spacious 3BD/2BA home featuring high-end granite and custom stone masonry. Investor Bonus: The massive recreation wing has its own entrance and is equipped with existing kitchen and bath, allowing for a minimum amount of effort to convert into a third independent living suite or professional office. Secondary ADU (Income Ready): A modern 1BD + Loft unit with vaulted ceiling and independent laundry. PERFECT FOR LONG-TERM LEASING OR HIGH-DEMAND TRAVEL NURSING/STUDENT HOUSING GIVEN THE PROXIMITY TO WVU. Fleet-Grade Infrastructure: The gravel lot provides ample parking for heavy equipment or commercial fleets, catering to home-based businesses or multiple tenant logistics. Strategic Location & Future Appreciation: 7 Minutes to WVU: CAPTURES THE MASSIVE UNIVERSITY RENTAL/PROFESSIONAL MARKET. Proximity: 10 mins to Mall Rd retail and 15 mins to the airport. Infrastructure Growth: Ideally situated to benefit from the Harmony Grove Interchange (Phase 2). The upcoming River Road exit will significantly increase accessibility and potentially the property valuation. Development & Scale: LOCATED OUTSIDE CITY LIMITS WITH ZERO ZONING RESTRICTIONS, THE FLEXIBILITY FOR MIXED-USE DEVELOPMENT IS UNPARALLELED. FOR INVESTORS SEEKING A LARGER FOOTPRINT, THE ADJACENT PARCEL IS ALSO AVAILABLE, OFFERING A RARE ASSEMBLY OPPORTUNITY FOR A LARGER COMMERCIAL OR RESIDENTIAL PROJECT. Capitalize on this versatile asset before the new interchange is completed. Contact us for a pro-forma discussion or private tour.

Property Features

MLS#: 5191559
Zip: 26501
Subdivision:
Development: Morgantown
Property Type: Multi Unit - Multiple
Cooling: Central Air, Ceiling Fan(s), Electric
Days on Site: 52
Heating: Baseboard, Electric, Forced Air, Fireplace(s), Gas
Lot Size: 1.59 acres
Roof Type: Asphalt, Fiberglass
Stories: 1.0
Taxes: $976 / year
Year Built: 2002

Feature Descriptions

Appliances: Dishwasher, Microwave, Range, Refrigerator
Exterior: Stone Veneer, Vinyl Siding, Wood Siding
Exterior Features: Storage
Fireplace: Gas
Interior Features: Wet Bar, Granite Counters, Storage, Vaulted Ceiling(s)
Laundry: Main Level, Laundry Room
Lot Description: Additional Land Available, See Remarks
Parcel#: 31-070-01300650000
Parking: Driveway, Gravel, Gated, Oversized, Parking Lot
Sewer: Septic Tank
Water: Public
Window: Blinds, Double Pane Windows, Insulated Windows

Local Schools

School District: Monongalia WV City

1284 River Road | MLS# 5191559

This multi-family property located at 1284 River Road, Morgantown, WV 26501 is currently listed for sale with an asking price of $490,000. River Road is located within the Monongalia WV City school district. Search Morgantown real estate on www.greatmoverealty.net today.

Listed By / Shown By

Listed By

Agency Name: EXIT Riverbend Realty
Agency Contact: rwyattexit@gmail.com, 304-991-4407

Shown By

Agency Title: Great Move Realty
Agency Phone: (330) 624-9605

IDX logo

Ask a Question

Ask a Question
  1. Select an Agent

Login to My Homefinder

Pixel