Excellent investment opportunity in the heart of Ranson! This well-maintained duplex features two separately metered units with strong rental potential and an estimated gross monthly income of $2,540. The front apartment offers 2 bedrooms and 1.5 baths, while the rear apartment features 1 bedroom and 1 bath. The rear unit is currently vacant, making it ideal for an owner-occupant looking to offset their mortgage or for an investor seeking immediate leasing potential. The property has a strong rental history and is easy to maintain occupancy. Conveniently located near shopping, dining, commuter routes, Hollywood Casino, and downtown Charles Town. Whether you are looking to expand your investment portfolio or begin investing in multifamily real estate, this property offers strong income potential and an attractive cap rate.
Under contract
$295,000
203 W 5th Ave, Ranson, WV 25438
3beds
--baths
1,412sqft
Est.: Get pre-qualified
Duplex
Built in 1944
-- sqft lot
$286,000 Zestimate®
$209/sqft
$-- HOA
What's special
- 24 days |
- 609 |
- 30 |
Zillow last checked:
Listing updated:
Listed by:
Trish Sanderson 304-671-8181,
Crestar Realty LLC
Source: Bright MLS,MLS#: WVJF2023878
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,412
- Total interior livable area: 1,412 sqft
Property
Parking
- Parking features: Off Street
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 5,000 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 08 6010100000000
- Zoning: 102
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch/Rambler,Bungalow
- Property subtype: Duplex
Materials
- Frame
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1944
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Ranson Corporation
Location
- Region: Ranson
- Municipality: Ranson
Financial & listing details
- Price per square foot: $209/sqft
- Tax assessed value: $93,800
- Annual tax amount: $2,625
- Date on market: 5/8/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
$286,000
$272,000 - $300,000
$1,525/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/26/2026 | Contingent | $295,000$209/sqft |
Source:  Bright MLS #WVJF2023878 Report a problem | ||
| 5/9/2026 | Listed for sale | $295,000+40.5%$209/sqft |
Source: Bright MLS #WVJF2023878 Report a problem | ||
| 10/6/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/31/2023 | Listed for rent | $1,195+32.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/2/2020 | Listing removed | $900$1/sqft |
Source: Crestar Realty LLC #WVJF140592 Report a problem | ||
| 10/28/2020 | Listed for rent | $900$1/sqft |
Source: Crestar Realty LLC #WVJF140592 Report a problem | ||
| 1/25/2008 | Listing removed | $209,900$149/sqft |
Source: Realty Generator #JF6518124 Report a problem | ||
| 12/19/2007 | Listed for sale | $209,900+739.6%$149/sqft |
Source: Realty Generator #JF6518124 Report a problem | ||
| 10/9/1987 | Sold | $25,000$18/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,626 +10.2% | $93,800 +11.8% |
| 2024 | $2,384 +3.6% | $83,900 +3.5% |
| 2023 | $2,300 +6.5% | $81,100 +8.3% |
| 2022 | $2,160 | $74,900 +7.9% |
| 2021 | -- | $69,400 +10.3% |
| 2020 | -- | $62,900 +4.7% |
| 2019 | $1,690 +15.6% | $60,100 +17.2% |
| 2018 | $1,462 +0% | $51,300 |
| 2017 | $1,462 +20.3% | $51,300 +19.6% |
| 2016 | $1,215 +3.8% | $42,900 +4.6% |
| 2015 | $1,171 +2.1% | $41,000 +2% |
| 2014 | $1,146 +46.7% | $40,200 +1.3% |
| 2013 | $781 | $39,700 -17.6% |
| 2012 | $781 -48.5% | $48,200 -12.4% |
| 2011 | $1,516 +94.1% | $55,000 -6.5% |
| 2010 | $781 -25.3% | $58,800 -29% |
| 2009 | $1,045 +0.1% | $82,800 -0.1% |
| 2008 | $1,044 +36.1% | $82,900 +40.5% |
| 2007 | $767 -9.2% | $59,000 |
| 2006 | $845 -33.2% | $59,000 +40.3% |
| 2005 | $1,266 | $42,060 +11.3% |
| 2004 | -- | $37,800 |
| 2003 | -- | $37,800 |
| 2002 | -- | $37,800 |
| 2001 | -- | $37,800 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 25438
Nearby schools
GreatSchools rating
- 4/10Ranson Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 6/10Wildwood Middle SchoolGrades: 6-8Distance: 4.6 mi
- 7/10Jefferson High SchoolGrades: 9-12Distance: 4.3 mi
Schools provided by the listing agent
- District: Jefferson County Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- West Virginia
- Jefferson County
- Ranson
- 25438
- 203 W 5th Ave
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