517- 517 1/2 S Kentucky Avenue Martinsburg, WV $ 274,900
517- 517 1/2 S Kentucky Avenue
$ 274,900
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517- 517 1/2 S Kentucky Avenue

Martinsburg, WV, 25401
$ 274,900
Bedrooms4 Baths0.0

Monthly Estimate*

$ 1,693

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Multi-Family Home for sale in Martinsburg, WV

for $274,900 with 4 bedrooms. This home was built in 1920 on a lot size of 0.13.

INVESTOR SPECIAL: High-Yield Duplex with Strong Rental History Location: 517 & 517 1/2 S Kentucky Ave, Martinsburg, WV 25401 Configuration: Unit 517 (2BR/1BA) | Unit 517 1/2 (2BR/2BA) Status: 100% Occupied | Seasoned Tenants Strategically located in the heart of Martinsburg, this well-maintained duplex is a turnkey addition to any portfolio. With a proven track record of consistent occupancy and a structure designed to keep owner expenses to a minimum, this property offers immediate cash flow from Day 1. Unit Highlights 517 S Kentucky Ave: A cozy 2 Bedroom, 1 Bath layout. 517 1/2 S Kentucky Ave: A premium 2 Bedroom, 2 Full Bath housea rare find in this market that commands higher rent and quality long-term tenants. Interior Features: Original hardwood floors throughout both units (currently preserved under carpet in some areas). Exterior Asset: 517 1/2 includes a large, private backyard, providing a massive competitive advantage for tenant satisfaction and potential future value-add. Mechanicals & Utilities (Investors Dream) Utility Split: Tenants pay ALL utilities. Both units are separately metered, removing the burden of water, sewer, and electric from the owner. Heating/Cooling: Efficient baseboard heating and window A/C units provided (appliances convey, minus tenant-owned washers/dryers). Parking: Ample street parking available directly in front of the property. Investment Profile Location: Prime Martinsburg location with easy access to the I-81 corridor, downtown amenities, and the MARC train for commuters. Low Maintenance: Simple mechanical systems and durable finishes make this a "hands-off" property for out-of-state or local owners alike. Growth Potential: Historically low vacancy rates in the 25401 zip code ensure steady appreciation and the ability to adjust rents to the strong 2026 market standards. Don't waitmulti-unit properties with this utility structure and rental history move quickly in this market.

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Multi-Family Active

Price

$ 274,900

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 2,178

Style

Colonial

Lot Size

0.13

Year Built

1920

Town/City

Martinsburg

County/Region

Berkeley

MLS | Web ID

WVBE2049464

Features
General
Living Area 2188
Sewer Public Sewer
Heating Baseboard - Electric
Cooling Window Unit(s)
Possession Settlement
Roof Metal
Zoning 102
Architectural Style Colonial
Construction Materials Vinyl Siding
School District BERKELEY COUNTY SCHOOLS
Year Built 1920
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality City Of Martinsburg
Accessibility None
County BERKELEY
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 GPS will take you right to the house.
City MARTINSBURG
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 5758.00
Number of Units Leased 2
Tax Annual Amount 2178.0
Property Condition Good
Two Bedroom 2
Structure Type Detached
Price Per Sq Ft Total AG 125.64
Acceptable Financing Cash Conventional FHA
Vacation Rental Y/N N
Lease Type Month to Month
Standard Status Active
Year Built Source Assessor
Tax Lot 17
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Interior
Heating Fuel Electric
Basement Dirt Floor
Flooring Hardwood Carpet
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Parking Features Free Public
Water Source Public
Type of Parking On Street
Foundation Details Permanent
Water View Y/N N
Lot Size Acres 0.13
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 15420.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 517
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* Excluded Features
List By
Charity Greenfield

Listing Agent

Martinsburg - Weichert, Realtors® - Blue Ribbon

Broker

Affordability Calculator

$1,874
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,693
Monthly Property Taxes
$182
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
3533303 Elementary School
3533616 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2026$274,900 Listed Price

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517- 517 1/2 S Kentucky Avenue, Martinsburg, WV, 25401 is a Multi-Family Home for sale at $274,900 with a lot size of 0.13. 517- 517 1/2 S Kentucky Avenue has 4 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 25401 which is in Martinsburg, WV