Turnkey multifamily investment with strong upside! This 7 Unit property features new siding, new roof, off-street parking, updated windows, new flooring, new appliances, and electrical upgrades. Several units have already been modernized, reducing future cap-ex needs. Currently rented below market, offering immediate value-add potential through rent increases. Located near schools, shopping, and main commuter routes, this is a prime cash-flow property with both stability and growth potential. Highlights Include 2 Efficiencies, 2 (1) bedroom, 1 (2) bedroom, 2 (3) bedrooms Recent major capital improvements (roof, siding, electrical). Updated interiors in several units. Off-street tenant parking. Below-market rents with room for upside. Perfect for investors seeking a property with strong fundamentals, minimal deferred maintenance, and clear opportunity to boost returns.
For sale
$499,000
29 Oakwood Rd, Fairmont, WV 26554
9beds
3,920sqft
Est.:
Multi Family
Built in 1924
-- sqft lot
$-- Zestimate®
$127/sqft
$-- HOA
What's special
Off-street parkingUpdated windowsNew flooringElectrical upgradesNew roofNew appliances
- 116 days |
- 218 |
- 8 |
Zillow last checked: 8 hours ago
Listing updated: November 10, 2025 at 01:42pm
Listed by:
RAY GLYMPH 304-685-3467,
BLUE SKY REALTY, LLC
Source: NCWV REIN,MLS#: 10161522
Originating MLS: Morgantown BOR
Originating MLS: Morgantown BORTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
Basement
- Level: Basement
Heating
- Central, Forced Air, Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: Other
Features
- Other
- Flooring: Carpet, Vinyl, Luxury Vinyl Plank
- Basement: Concrete
- Attic: Other
Interior area
- Total structure area: 3,920
- Total interior livable area: 3,920 sqft
- Finished area below ground: 4
Property
Parking
- Total spaces: 3
- Parking features: Off Street, 3+ Cars, No Garage
- Has uncovered spaces: Yes
Features
- Levels: 5
- Stories: 5
- Exterior features: Private Yard
- Fencing: None
- Has view: Yes
- View description: Other
- Waterfront features: None
Lot
- Size: 6,970 Square Feet
- Dimensions: 60 x 120
- Features: Other, Landscaped
Details
- Parcel number: 2403002600270000
- Zoning description: Apartment Residential
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Wood, Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1924
Utilities & green energy
- Electric: 100 Amp Service, 200 Amps
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Other
- Security: Fire Escape
Location
- Region: Fairmont
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $84,700
- Annual tax amount: $1,456
- Date on market: 9/12/2025
- Total actual rent: 5360
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,154/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/12/2025 | Listed for sale | $499,000+4058.3%$127/sqft |
Source:  NCWV REIN #10161522 Report a problem | ||
| 9/26/2013 | Sold | $12,000$3/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,517 -48.6% | $50,820 +3.3% |
| 2024 | $2,953 | $49,200 +3.5% |
| 2023 | -- | $47,520 +3.7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,360/mo
Principal & interest
$1935
Property taxes
$250
Home insurance
$175
Climate risks
Neighborhood: 26554
Nearby schools
GreatSchools rating
- 6/10West Fairmont Middle SchoolGrades: 5-8Distance: 0.8 mi
- 6/10Fairmont Senior High SchoolGrades: 9-12Distance: 0.2 mi
- 5/10Watson Elementary SchoolGrades: PK-4Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Watson Elementary
- Middle: West Fairmont Middle
- High: Fairmont Sr. High
- District: Marion
Source: NCWV REIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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