211 4th Ave - Apartments FOR SALE


South Charleston, WV 25303- Outer S Charleston/Kanawha City
$400,000 USD
304-343-5695
211 4th Ave, South Charleston, WV for Sale
$400,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

211 4th Ave
South Charleston, WV 25303
Outer S Charleston/Kanawha City


HIGHLIGHTS

  • Great Location in Downtown South Charleston
  • Strong Occupancy Rate of 96% in 2025
  • Proactive Maintenance by Owner
  • Separately Metered - Tenants Responsible for Utility Consumption

OVERVIEW

The property is located along 4th Avenue with a block of the main downtown area with many amenities such as a public library and a wide range of restaurants. It is a level site with parking at the rear for 8 vehicles and plentiful street parking. The property is zoned R-O, Residential Office District. The building is a two-story apartment building that was constructed circa 1960 wtih 6 two bed/one bath units, which have undergone periodic renovations and have been proactively maintained. It also has an unfinished lower level with washer/dryer hookups and storage available to the tenants. Historical information exhibits strong occupancy of 96% in 2025 and current rents averaging $722.50 per month. Tenants are responsible for their own utility services and the landlord covers garbage service.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$67 USD /SF

# OF UNITS

6

PRICE/UNIT

$66,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mayfield Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,750 SF

ZONING

R-O

APN/PARCEL ID

20-22- 17-0014.0000

ASK ABOUT THIS PROPERTY

Todd GoldmanGoldman Associates, Inc.More Info
304-343-5695

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Todd GoldmanGoldman Associates, Inc.More Info
304-343-5695

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.