About This Home

This 8-bedroom, 8-bathroom residential multi family at 409 McLane Avenue in Morgantown, WV is listed for $449,000 ($97 per sqft). Built in 2001, the home offers 4,608 sqft of living space on a 0.20 acres lot.

Key Features

  • Built in 2001
  • 0.20 acre lot
  • 2 stories

Property Details

2 stories
8 full
2001

Amenities

ViewA/C
Listing Description

Four-unit investment property ideally positioned in Morgantown's Sunnyside neighborhood, centrally located between WVU's Downtown and Evansdale campuses. Each of the four units offers a consistent 2-bedroom, 2-bath layout with an in-unit washer and dryer, while ample off-street parking adds an important advantage in this campus-area location.

All four units are currently leased into 2027, providing established income from day one. Tenants are responsible for their individual utilities, with garbage service paid by the property owner. The current owners have completed a number of improvements in recent years, including interior painting, updated flooring, select appliances, HVAC equipment, and laundry equipment.

Built in 2001, the property offers a newer alternative to much of the surrounding campus-area multifamily inventory and includes two adjoining parcels. Convenient to both WVU campuses, downtown Morgantown, dining, shopping, entertainment, healthcare, and public transportation. A well-located, income-producing multifamily property with a practical unit configuration in one of Morgantown's established rental areas. Valid Letter of Compliance from City of Morgantown Code Enforcement through June 2028.

Monthly Cost Estimate

$2,401/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,946
Insurance$131

Estimates only. Actual payments may vary.

Location

409 McLane Avenue

Morgantown, WV 26505

Features & Amenities

Interior Features

Electric Stove ConnectionWasher ConnectionElectric Dryer Connection

Exterior Features

Deck

Property Details

Flooring

VinylCarpet - Full

Construction

Frame

Views

City

Outdoor Features

Deck

Parking

AssignedOff Street

Heating

Heat Pump (Heating)Forced AirNatural Gas

Cooling

ElectricCentral AirCeiling Fan(s)

Appliances

RangeMicrowaveDishwasherRefrigeratorWasherDryer

Questions & Answers

This 8-bedroom, 8-bathroom residential multi family at 409 McLane Avenue is listed at $449,000 ($97/sqft). The estimated monthly payment is $2,401 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2001, 0.20 acre lot, 2 stories. Interior Features: Electric Stove Connection, Washer Connection, Electric Dryer Connection. Exterior Features: Deck.

This property is listed by MATT LACY.

ML

MATT LACY

Agent at KLM Properties, Inc.

Listed by KLM Properties, Inc. · Broker phone: (304) 296-1533 · View on Broker Site · Broker website

MLS# 10167021· Source: North Central West Virginia Real Estate Information Network· 3 days on PropertySimple

Copyright © 2026 North Central West Virginia Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

409 McLane Avenue, Morgantown, WV 26505

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