217 McLane Avenue | Fully Leased WVU Investment Property – Triplex Exceptional investment opportunity in a prime WVU location, conveniently situated near WVU Honors Hall and Summit Hall on the WVU campus. This well-positioned triplex offers three separate apartments, private driveway parking, and established rental income with leases extending into 2027. Over the past three years, the property has undergone renovations and improvements, offering investors an opportunity to acquire an income-producing property in a highly desirable student rental market. The property features: Apartment A: One-bedroom apartment, currently leased for $800/month through May 20, 2027. Apartment B: Two-bedroom apartment, currently leased for $1,200/month through July 22, 2027. Apartment C: Two-bedroom apartment, currently leased for $1,150/month through July 22, 2027. Shared laundry room. Shared sun porch. Driveway parking. A mix of laminate and hardwood flooring throughout the apartments. Investment Highlights: Three fully leased apartments. Current combined rental income of $3,150 per month ($37,800 annually). Established rental history in a strong WVU student rental location. Existing leases provide income stability through 2027. Convenient proximity to WVU campus and student amenities. Whether you’re expanding an existing rental portfolio or entering the Morgantown investment market, 217 McLane Avenue presents an excellent opportunity to own an income-producing property in one of Morgantown’s most sought-after rental areas.
- Basement:
- Interior Access, Walk-out, Exterior Access, Partially Finished
- Fence:
- No
- Parking:
- Street Parking, 3+ Cars, Off-street Parking
- Internet:
- Yes
- Country:
- US
- State:
- WV
- City:
- Morgantown
- Zipcode:
- 26505
- Street:
- McLane
- Street Number:
- 217
- Street Suffix:
- Avenue
- Floor Number:
- 0
- Longitude:
- W80° 2' 33.4''
- Latitude:
- N39° 38' 19.8''
- Area:
- Monongalia/Morgantown
- Office Name:
- BEL-CROSS PROPERTIES, LLC
- Office ID:
- 73
- AgentID:
- 3690
- Address:
- 217 McLane Avenue
- Status:
- Active
- Elementary School:
- Suncrest Elementary
- Middle School:
- Suncrest Middle
- High School:
- Morgantown High
- Zoning:
- Neighborhood Mix Use
- COMMUNITY AMENITIES:
- Other,Public Transportation
- EXTERIOR:
- Brick
- ELECTRICITY:
- 200 Amps
- APPLIANCES INCL.:
- Dryer,Range,Refrigerator,Washer
- ATTIC:
- Finished
- Flooring:
- Laminate,Vinyl,Wood
- ROOF:
- Shingles, Rolled
- INTERIOR FEATURES:
- Washer Connection, Electric Dryer Connection
- EQUIPMENT:
- Smoke Detectors, Carbon Monoxide Detectors, Cable Available
- WATERFRONT:
- No
- # of Units:
- 3
- FOUNDATION:
- Slab
- CONSTRUCTION:
- Brick, Wood
- WATER/SEWER:
- City Sewer, City Water
- STYLE:
- Two Story, Other
- Tax Amount $:
- $2,983
- Tax Year:
- 2025
- School County:
- Monongalia
- # of Stories:
- 3
- Directions:
- From Beechurst Avenue- Turn right or left onto 3rd Street, Right onto Grant Avenue and Right onto Houston Drive at Summit Hall. The three houses are side-by-side directly behind Summit Hall. From University Avenue - Right or left onto Houston Street.
- Update Date:
- 11-11-2026 07:56:57
- Price Per SQFT:
- $131
- Parcel #:
- 54
- PROPERTY DESCRIPTION:
- Level, Sloping, Corner
Multi-unit/income For Sale
217 McLane Avenue, Morgantown, West Virginia 26505
- Property Type :
- Multi-unit/income
- Listing Type :
- For Sale
- Listing ID :
- 10167748
- Price :
- $297,000
- Bedrooms :
- 0
- Bathrooms :
- 0
- Square Footage :
- 2,265 Sqft
- Year Built :
- 1921
- Lot Area :
- 0.17 Acre
- Status :
- Active
- Days On Market :
- 0
- View:
- Neighborhood, City Lights
- Frontage Feet :
- 0
