TWO INCOME-PRODUCING PROPERTIES NEAR WVU – TURNKEY INVESTMENT OPPORTUNITY Positioned just 0.5 miles from West Virginia University Downtown Campus and the WVU Mountainlair, this rare dual-property package offers immediate cash flow in one of Morgantown’s most desirable rental locations. Perfect for investors seeking consistent income, the offering includes 1024 Cayton Street, a 2-bedroom, 2-bath home leased through May 20, 2027 at $1,200 per month, and 1048 College Avenue, a neighboring 2-bedroom, 1-bath home also leased through May 20, 2027 at $800 per month. With both properties, tenants are responsible for all utilities and lawn care, making them a low-maintenance investment for the owner. Together, the properties generate $2,000 in monthly rental income and boast a strong rental history with long-term leases already in place. Located side-by-side for simplified management and scalability, this package is ideal for student housing or portfolio expansion. Opportunities like this—two adjacent, fully leased properties in close proximity to WVU—are increasingly rare, making this a true turnkey investment with immediate and reliable returns. - Tenants need a minimum of 24hr notice for showings-
For sale
$215,000
1024 Cayton St, Morgantown, WV 26505
4beds
1,600sqft
Multi Family
Built in 1920
-- sqft lot
$200,500 Zestimate®
$134/sqft
$-- HOA
What's special
- 47 days |
- 492 |
- 40 |
Zillow last checked:
Listing updated:
Listed by:
DESTINY SYLVESTER 304-685-9287,
BEL-CROSS PROPERTIES, LLC
Source: NCWV REIN,MLS#: 10164543
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Basement
- Level: Basement
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Range, Dishwasher, Refrigerator
- Laundry: Washer Hookup
Features
- Wet Bar, Beamed Ceilings
- Flooring: Wood, Vinyl, Laminate
- Basement: Finished,Unfinished,Walk-Out Access,Interior Entry,Exterior Entry
- Attic: Scuttle
Interior area
- Total structure area: 1,580
- Total interior livable area: 1,600 sqft
- Finished area below ground: 5
Property
Parking
- Total spaces: 1
- Parking features: 1 Car, No Garage
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch, Patio, Deck, Screen Porch
- Fencing: None
- Has view: Yes
- View description: Neighborhood
- Waterfront features: None
Lot
- Size: 0.29 Acres
- Features: Sloped, No Outlet Street
Details
- Parcel number: 540613113200622/0621
- Zoning description: Neighborhood Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Raised Ranch
- Property subtype: Multi Family
Materials
- Frame, Block, Wood Siding, Other
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1920
Utilities & green energy
- Electric: 200 Amps
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Features: Other
- Security: Smoke Detector(s), Carbon Monoxide Detector(s)
Location
- Region: Morgantown
Financial & listing details
- Price per square foot: $134/sqft
- Tax assessed value: $97,300
- Annual tax amount: $2,958
- Date on market: 4/30/2026
- Total actual rent: 2000
- Electric utility on property: Yes
Estimated market value
$200,500
$190,000 - $211,000
$1,918/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Listed for sale | $215,000+69.5%$134/sqft |
Source:  NCWV REIN #10164543 Report a problem | ||
| 12/5/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/2/2023 | Listed for rent | $1,200+33.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/27/2020 | Sold | $126,810-8.8%$79/sqft |
Source: Public Record Report a problem | ||
| 7/22/2019 | Listed for sale | $139,000$87/sqft |
Source: HOWARD HANNA #10127628 Report a problem | ||
| 1/23/2019 | Listing removed | $900$1/sqft |
Source: Bel-Cross Properties, LLC Arthur G. Trusler III, Broker belcross.com Report a problem | ||
| 11/14/2018 | Listed for rent | $900+12.5%$1/sqft |
Source: Bel-Cross Properties, LLC Arthur G. Trusler III, Broker belcross.com Report a problem | ||
| 11/29/2017 | Listing removed | $800$1/sqft |
Source: Bel-Cross Properties, LLC Arthur G. Trusler III, Broker belcross.com Report a problem | ||
| 11/16/2017 | Listed for rent | $800$1/sqft |
Source: Bel-Cross Properties, LLC Arthur G. Trusler III, Broker belcross.com Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,539 +6.4% | $58,380 +6.2% |
| 2024 | $1,446 -0.3% | $54,960 |
| 2023 | $1,451 +4.2% | $54,960 +0.7% |
| 2022 | $1,392 | $54,600 +0.7% |
| 2021 | -- | $54,240 |
| 2020 | -- | $54,240 |
| 2019 | $1,401 -0.3% | $54,240 |
| 2018 | $1,405 +1.3% | $54,240 +1.7% |
| 2017 | $1,387 +1.7% | $53,340 +2.2% |
| 2016 | $1,365 | $52,200 +0.8% |
| 2015 | $1,365 +4.5% | $51,780 +1.9% |
| 2014 | $1,306 -0.1% | $50,820 +7.5% |
| 2013 | $1,307 | $47,280 -11.4% |
| 2012 | $1,307 -27.6% | $53,340 -24% |
| 2011 | $1,804 +6.5% | $70,200 +7.8% |
| 2010 | $1,695 +136.6% | $65,100 +134.8% |
| 2009 | $716 +1.6% | $27,720 +1.1% |
| 2008 | $705 +677.5% | $27,420 +1.6% |
| 2007 | $91 +10.3% | $27,000 +2.7% |
| 2006 | $82 +18.5% | $26,280 +4% |
| 2005 | $69 | $25,260 -5.8% |
| 2004 | -- | $26,820 +15.8% |
| 2003 | -- | $23,160 -8.3% |
| 2002 | -- | $25,260 +3.4% |
| 2001 | -- | $24,420 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
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Climate risks
Neighborhood: 26505
Nearby schools
GreatSchools rating
- 6/10Eastwood Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 9/10Mountaineer Middle SchoolGrades: 6-8Distance: 0.1 mi
- 9/10University High SchoolGrades: 9-12Distance: 3.6 mi
Schools provided by the listing agent
- Elementary: Eastwood Elementary
- Middle: Mountaineer Middle
- High: University High
- District: Monongalia
Source: NCWV REIN. 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.
- West Virginia
- Monongalia County
- Morgantown
- 26505
- 1024 Cayton St
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