1284 River Road, Morgantown, WV 26501
Local realty services provided by:Better Homes and Gardens Real Estate Central
1284 River Road,Morgantown, WV 26501
$490,000
- 4 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: rebecca wyatt
Office: exit riverbend realty
MLS#:5191559
Source:OH_NORMLS
Price summary
- Price:$490,000
About this home
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....
Contact an agent
Home facts
- Year built:2002
- Listing ID #:5191559
- Added:161 day(s) ago
- Updated:August 14, 2026 at 02:22 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Kitchen Description:Dishwasher, Microwave, Range, Refrigerator
Heating and cooling
- Cooling:Central Air
- Heating:Baseboard, Electric, Fireplaces, Forced Air, Gas
- Central air:Yes
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:2002
- Lot area:1.59 Acres
- Construction Materials:Vinyl Siding, Wood Siding
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$490,000
- Tax amount:$976 (2025)
Features and amenities
- Appliances:Dishwasher, Microwave, Range, Refrigerator
Parking
- Parking description:Driveway
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