1585 Gardners Lane Shepherdstown, WV $ 1,600,000
1585 Gardners Lane
$ 1,600,000
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1585 Gardners Lane

Shepherdstown, WV, 25443
$ 1,600,000
Bedrooms10 Baths0.0

Monthly Estimate*

$ 9,982

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Multi-Family Home for sale in Shepherdstown, WV

for $1,600,000 with 10 bedrooms. This home was built in 1850 on a lot size of 13.12.

1585 Gardners Lane: Circa 1850 Farmhouse converted into 6 apartments, 2 cottages and 1 duplex totaling 10 units on 13.2 acres with huge bank barn and fencing/pasture for horses. 100% occupancy, great rental history over past 20 years of ownership. Roughly $11k per month totaling a potential yearly income of $132,910 (2025). Current owner operated and managed these units as short term rentals on month to month leases. Some tenants have remained for many years. One tenant leases a cottage and all the fenced areas and barn for an equestrian business. Tenants pay electric, owner provides Wi-Fi and trash removal. All tenants are on month to month leases. Multiple wells and septic systems. NOTE: 48 HOURS REQUIRED FOR ALL SHOWINGS.

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Multi-Family Active

Price

$ 1,600,000

Bedrooms

10

Property Type

Multi-Family

Taxes

$ 6,241

Style

Colonial

Lot Size

13.12

Year Built

1850

Town/City

Shepherdstown

County/Region

Jefferson

MLS | Web ID

WVJF2020542

Features
General
Living Area 3692
Sewer On Site Septic
Heating Baseboard - Electric
Cooling Window Unit(s)
Utilities Electric Available Phone Available Sewer Available Water Available
Possession Coin w/Sell Sett Immediate
Roof Metal
Zoning 112
Patio/Porch Features Patio(s) Porch(es)
Architectural Style Colonial
Construction Materials Brick
School District JEFFERSON COUNTY SCHOOLS
Year Built 1850
View Panoramic Pasture Scenic Vista Street Trees/Woods
Property Subtype Other
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality Shepherdstown
Accessibility None
County JEFFERSON
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Use GPS or Google Maps
City SHEPHERDSTOWN
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 571507.00
Number of Units Leased 10
Tax Annual Amount 6241.0
Home Warranty Y/N N
Property Condition Good
Two Bedroom 0
Structure Type Detached
Price Per Sq Ft Total AG 433.37
Historic Y/N Y
Rent Control Y/N N
Vacation Rental Y/N N
Location Type Rural
Lease Type Month to Month
Standard Status Active
Year Built Source Estimated
Tax Lot 5
Total Actual Rent 132910.00
Association Recreation Fee N
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Interior
Heating Fuel Electric
Basement Dirt Floor Outside Entrance Poured Concrete Rear Entrance Unfinished Walkout Stairs
Total Fireplaces 4
Hot Water Electric
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Central Air Y/N N
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Exterior
Exterior Amenities Sidewalks
Pool No Pool
Parking Features Assigned Paved Parking
Lot Features Landscaping Rear Yard SideYard(s) Trees/Wooded
Water Source Well
Type of Parking Driveway Parking Lot
Foundation Details Stone
Water View Y/N N
Lot Size Acres 13.12
Lot Size Source Assessor
Waterfront Y/N N
Soil Types Loam
Land Assessed Value 137600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1585
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* Excluded Features
List By
Greentree Associates Of Shepherdstown, Inc.

Broker

bplewisgtr@yahoo.com

Email

Affordability Calculator

$10,502
Per Month
95%
5%
0%
Monthly Principal & Interest
$9,982
Monthly Property Taxes
$520
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533200 Elementary School
3533154 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/14/2025$1,600,000 Listed Price

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1585 Gardners Lane, Shepherdstown, WV, 25443 is a Multi-Family Home for sale at $1,600,000 with a lot size of 13.12. 1585 Gardners Lane has 10 bedrooms, 0.0 baths, and was built in 1850. The property's zip code is 25443 which is in Shepherdstown, WV