Skip main navigation
Active
  • $189,900

    403 Lee Rd, Follansbee, WV 26037

    2beds
    720sqft
    : 
    $1,222/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 1965
    -- sqft lot
    $-- Zestimate®
    $264/sqft
    $-- HOA

    What's special

    Fenced yardTwo-car attached garageSide parkingSmall front yardElectric hot water tankLevel decent sized yardFront porch
    Investment opportunity in Follansbee, WV! This four-unit residential rental property includes two houses and two mobile homes, all situated on one property. All four units are currently rented with long-term tenants in place, offering an established rental history for the next owner. The property features a variety of unit styles and several recent exterior improvements. Unit 1 is a one-bedroom, one-bath home with an additional attached room that could serve as an office, den, nursery, or bonus space, plus a sunporch and laundry room. Updates include a new (2025) metal roof, gutters and downspouts along with some new soffit and fascia, plus a fenced yard. Stove and refrigerator are included. Unit 2 is a two-bedroom, one-bath home with a two-car attached garage, plus an additional garage/storage area ideal for lawn equipment, tools, or extra storage. This unit also features a new 2025 metal roof, soffit, gutters, and downspouts. Refrigerator and stove are included. Exterior painted in 2025. The back house comes with a level decent sized yard. Unit 3 is a two-bedroom, one-bath mobile home with a small front yard and side parking. This unit is currently tenant-occupied and in need of work. Roof coated in 2025. Refrigerator and stove are included. Unit 4 is a two-bedroom mobile home with a front porch, small front yard , and side parking. Recent exterior improvements include fresh exterior paint with shutters approximately one year ago and a roof coating completed last summer. This unit includes an electric furnace, electric hot water tank, stove, and refrigerator. This home is located in the back. This is a great opportunity for investors looking for an income-producing property with existing tenants, multiple rental units, garage/storage space, parking, and long-term rental history
    31 days
    |
    323
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa M Straight 304-919-9085 lisamstraight@gmail.com,

    LPT Realty, LLC

    Source: MLS Now,MLS#: 5220836MLS LogoOriginating MLS: Other/Unspecificed

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Forced Air, Gas
      Cooling
      • Central Air
      Features
      • Has basement: No
      Interior area
      • Total structure area: 720
      • Total interior livable area: 720 sqft
      • Finished area above ground: 720
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached, Garage
      • Attached garage spaces: 3
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 0.33 Acres
      Details
      • Parcel number: 0023

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Brick, Block
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Year built: 1965

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Follansbee

      Financial & listing details

      • Price per square foot: $264/sqft
      • Tax assessed value: $197,600
      • Annual tax amount: $1,560
      • Date on market: 6/22/2026
      • Cumulative days on market: 33 days
      • Tenant pays: All Utilities

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/22/2026Listed for sale$189,900+196.7%$264/sqft
        Source: MLS Now #5220836 Report a problem
        3/1/2002Sold$64,000$89/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,560 +3.3%$59,280 +2.2%
        2024$1,509 +0.2%$58,020 +2.3%
        2023$1,506 +1.6%$56,700 +2.2%
        2022$1,483 $55,500 +2.5%
        2021-- $54,120
        2020-- $54,120 +1.8%
        2019$1,398 +2.1%$53,160 +2.4%
        2018$1,369 +2.3%$51,900 +2.6%
        2017$1,338 +3.4%$50,580 +2.7%
        2016$1,294 -0.8%$49,260 -0.1%
        2015$1,304 +2.7%$49,320 +3.9%
        2014$1,270 +5.8%$47,460 +2.9%
        2013$1,200 $46,140 +2.4%
        2012$1,200 -0.4%$45,060
        2011$1,204 +10.8%$45,060 +11.1%
        2010$1,087 -0.3%$40,560
        2009$1,091 -0.8%$40,560
        2008$1,100 -0.7%$40,560
        2007$1,107 +1.6%$40,560 +3.2%
        2006$1,090 +1.4%$39,300 +3%
        2005$1,075 $38,160 -0.6%
        2004-- $38,400
        2003-- $38,400 +3.6%
        2002-- $37,080 +2.7%
        2001-- $36,120
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 26037

        Getting around

        4 / 100
        Car-Dependent
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Brooke WVCSD

        Source: MLS Now. 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.

        Browse local experts

        Similar homes