403 Lee Road
Follansbee, WV, 26037 $ 189,900
Bedrooms2 Baths1.0 Sq 720 Monthly Estimate*
$ 1,169
for $189,900 with 2 bedrooms and 1 full bath. This 720 square foot home was built in 1965 on a lot size of 0.3272.
Investment opportunity in Follansbee, WV! This four-unit residential rental property includes two houses and two mobile homes, all situated on one property. All four units are currently rented with long-term tenants in place, offering an established rental history for the next owner. The property features a variety of unit styles and several recent exterior improvements. Unit 1 is a one-bedroom, one-bath home with an additional attached room that could serve as an office, den, nursery, or bonus space, plus a sunporch and laundry room. Updates include a new (2025) metal roof, gutters and downspouts along with some new soffit and fascia, plus a fenced yard. Stove and refrigerator are included. Unit 2 is a two-bedroom, one-bath home with a two-car attached garage, plus an additional garage/storage area ideal for lawn equipment, tools, or extra storage. This unit also features a new 2025 metal roof, soffit, gutters, and downspouts. Refrigerator and stove are included. Exterior painted in 2025. The back house comes with a level decent sized yard. Unit 3 is a two-bedroom, one-bath mobile home with a small front yard and side parking. This unit is currently tenant-occupied and in need of work. Roof coated in 2025. Refrigerator and stove are included. Unit 4 is a two-bedroom mobile home with a front porch, small front yard , and side parking. Recent exterior improvements include fresh exterior paint with shutters approximately one year ago and a roof coating completed last summer. This unit includes an electric furnace, electric hot water tank, stove, and refrigerator. This home is located in the back. This is a great opportunity for investors looking for an income-producing property with existing tenants, multiple rental units, garage/storage space, parking, and long-term rental history
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FeaturesGeneralSewer Public Sewer
Heating Forced Air Gas
Cooling Central Air
Possession Delivery Of Deed
Roof Metal
Garage Spaces 3
Construction Materials Brick Block
Year Built 1965
Tenant Pays All Utilities
Stories Count 1
Township Follansbee
Levels One
Property Subtype Quadruplex
Tax Year 2025
County Brooke
Property Type Residential Income
Attached Garage true
Garage Y/N true
Total Rooms 5
Full Baths 1
Status Active
Directions From Rt 2 in front of the Follansbee Burger King - Turn left onto WV-27 ALT E/Allegheny St ? Continue to follow WV-27 ALT E for 1.1 mi Make a sharp right onto Woodcrest Rd for 0.6 mi then turn left onto May Rd for 46 Feet Turn right onto Lee Rd.
City Follansbee
Disclosures Principal is Real Estate Licensed
High School District Brooke WVCSD
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 1560
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Brooke WVCSD
Elementary School District Brooke WVCSD
Year Built Source Assessor
Property Sub Type Additional Quadruplex
Legal Description Property: LOT 250 & 251 SPRINGDALE Map: C14S Parcel: 0023 0000 0000 Lot Size: Acreage: .3275 Book: 0295 Page: 0206 District: 04 - CROSS CREEK
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InteriorTotal Stories 1
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 720
Half Baths 0
Total Bedrooms 2
Below Grade Finished Area 0
Main Level Bathrooms 0
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Total Baths 1
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ExteriorParking Features Attached Garage
Water Source Public
Lot Size Area 0.3272
Foundation Details Slab
Number of Buildings 1
Lot Size Acres 0.3272
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded FeaturesList ByLisa M StraightListing Agent
lisamstraight@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,169
- Monthly Property Taxes
- $130
- 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.
Learn more about how to save NearbyMulti-family listings in Follansbee, WV
Average List Price $174,900
Percent of Sale Price 8%
About Follansbee, WV 2,856 Population
-10% Since 2002
$ 49,697 Median Income
44.35 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
4368218 Elementary School
4368316 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/22/2026 | $189,900 | | Listed Price |