Property Description

501-509 Grant Street — 3-Building Multifamily Investment Portfolio A great opportunity to acquire a three-building, seven-unit residential portfolio in one transaction. Sold completely vacant, this property offers an investor immediate access to renovate without tenant buyouts or lease-driven delays. Significant prep work is already underway, including drywall installation across multiple units, giving the right buyer a head start on finishing rather than starting from a gut shell. High ceilings throughout provide a strong foundation for upscale, market-rate finishes. The portfolio includes 7 total units and 15 total bedrooms across the three buildings, plus a large rear parking lot — a genuinely rare find for a downtown infill property — and an additional office space on-site, offering flexibility for storage, leasing, or future development. Located in the heart of downtown Sunnyside, within a short distance of the university corridor, restaurants, and daily foot traffic, this property sits in a high-demand rental submarket with strong long-term upside. With renovation already partially underway, an investor can move directly into finishing interiors and stabilizing the units — with the rear lot and office structure adding further flexibility for parking monetization, expansion, or redevelopment down the line. This is a lucrative opportunity for an investor looking to reposition a downtown asset with real scale and real upside already baked in.

Features
Basement:
Partially Finished
Fence:
No
Parking:
3+ Cars
Utilities
Internet:
Yes
Address Map
Country:
US
State:
WV
City:
Morgantown
Zipcode:
26505
Street:
Grant
Street Number:
509
Street Suffix:
Street
Floor Number:
0
Longitude:
W80° 2' 25.3''
Latitude:
N39° 38' 30.2''
Area:
Monongalia/Morgantown
Additional Info
Office Name:
RED BRICK PROPERTY MANAGEMENT, LLC
Office ID:
526
AgentID:
4334
Address:
509 Grant Street
Status:
Active
Elementary School:
Eastwood Elementary
Middle School:
Suncrest Middle
High School:
Morgantown High
Zoning:
Single Family, Duplex, & Multi-Family Res.
COMMUNITY AMENITIES:
Other
EXTERIOR:
Brick,Brick/Vinyl,Vinyl,Wood
ELECTRICITY:
150 Amps
APPLIANCES INCL.:
None
ATTIC:
Other
Flooring:
Laminate,Vinyl,Wood
ROOF:
Shingles
INTERIOR FEATURES:
Walk-in Closets, 9ft+ Ceiling, Electric Stove Connection, Electric Dryer Connection
EQUIPMENT:
Smoke Detectors, Carbon Monoxide Detectors, Cable Ready, Cable Available, High Speed Internet Avail, High Speed Internet Ready
WATERFRONT:
No
# of Units:
7
FOUNDATION:
Concrete, Masonry, Stone
CONSTRUCTION:
Brick, Wood
WATER/SEWER:
City Sewer, City Water
STYLE:
Traditional, Other, Split Level
Tax Amount $:
$6,770
Tax Year:
2025
School County:
Monongalia
# of Stories:
3
Directions:
From our office at 58 High Street, head south on High Street toward Downtown Morgantown. Continue onto Beechurst Avenue, then turn left onto Grant Avenue. Proceed through the Sunnyside neighborhood, and 509 Grant Avenue will be on your right
Update Date:
07-27-2026 18:24:17
Price Per SQFT:
$81
Parcel #:
213
PROPERTY DESCRIPTION:
Sloping

Multi-unit/income For Sale

509 Grant Street, Morgantown, West Virginia 26505

0 Bedrooms
0 Bathrooms
6,094 Sqft
$495,000
Listing ID #10165733
Basic Details
Property Type :
Multi-unit/income
Listing Type :
For Sale
Listing ID :
10165733
Price :
$495,000
Bedrooms :
0
Bathrooms :
0
Square Footage :
6,094 Sqft
Year Built :
1910
Lot Area :
0.27 Acre
Status :
Active
Days On Market :
0
View:
Panoramic, City Lights
Frontage Feet :
0
Contact Agent