1284 River Road Morgantown, WV $ 490,000
1284 River Road
$ 490,000
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1284 River Road

Morgantown, WV, 26501
$ 490,000
Bedrooms4 Baths3.0

Monthly Estimate*

$ 3,017

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Multi-Family Home for sale in Morgantown, WV

for $490,000 with 4 bedrooms and 3 full baths. This home was built in 2002 on a lot size of 1.59.

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.

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Multi-Family Active

Price

$ 490,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 976

Style

Lot Size

1.59

Year Built

2002

Town/City

Morgantown

County/Region

Monongalia

MLS | Web ID

5191559

Features
General
Sewer Septic Tank
Heating Baseboard Electric Forced Air Fireplace(s) Gas
Cooling Central Air Ceiling Fan(s) Electric
Possession Delivery Of Deed
Roof Asphalt Fiberglass
Appliances Dishwasher Microwave Range Refrigerator
Construction Materials Stone Veneer Vinyl Siding Wood Siding
Year Built 2002
Stories Count 1
Township Morgantown
Levels One and One Half One
Property Subtype Duplex
Tax Year 2025
Additional Parcels Description 31-070-01300660000
County Monongalia
Property Type Residential Income
Attached Garage false
Garage Y/N false
Full Baths 3
Status Active
Directions From Mall Rd. Turn left onto Fairmont Rd. Turn right onto Dupont Rd. Take a slight right turn onto River Rd. After 1.5 miles take a slight right turn. Driveway will have sign at the road.
City Morgantown
High School District Monongalia WVCSD
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 976
Home Warranty Y/N false
Virtual Tour https://my.matterport.com/show/?m=oP6BAbV9ikU&mls=1 https://my.matterport.com/show/?m=LzWu6Tptb3Q&mls=1
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Monongalia WVCSD
Elementary School District Monongalia WVCSD
Year Built Source Assessor
Property Sub Type Additional Duplex
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Interior
Interior Amenities Wet Bar Granite Counters Storage Vaulted Ceiling(s)
Fireplace Features Gas
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Double Pane Windows Insulated Windows
Fireplace Y/N true
Half Baths 0
Laundry Features Main Level Laundry Room
Total Bedrooms 4
Main Level Bathrooms 0
Total Baths 3
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Exterior
Exterior Amenities Storage
Parking Features Driveway Gravel Gated Oversized Parking Lot
Lot Features Additional Land Available See Remarks
Water Source Public
Lot Size Area 1.59
Number of Buildings 2
Lot Size Acres 1.59
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Rebecca Wyatt

Listing Agent

Exit Riverbend Realty

Broker

rwyattexit@gmail.com

Email

Affordability Calculator

$3,098
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,017
Monthly Property Taxes
$81
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
0 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2026$490,000 -14.78% Price Down
3/6/2026$575,000 Listed Price

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1284 River Road, Morgantown, WV, 26501 is a Multi-Family Home for sale at $490,000 with a lot size of 1.59. 1284 River Road has 4 bedrooms, 3.0 baths, and was built in 2002. The property's zip code is 26501 which is in Morgantown, WV