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183 Frankford Rd, Ronceverte, WV, 24970

5beds
3baths
3,060sqft
$315,000
$103price/sqft
$2,212/moest. monthly cost
$88,480/yrincome needed

About This Home

Discover this well-maintained, three-level multifamily property offering strong income potential. The first level features a modern studio apartment, while the second and third levels each include spacious 2-bedroom, 1-bath units. Two units are selling furnished and ready for operating as successful short-term rentals, and one is vacant--ready for a new tenant or owner use. Recent updates include a newer roof and thoughtful interior improvements. Ideal for investors seeking an income-producing property or owner-occupants looking to live in one unit while generating rental income from the others. Conveniently located near local amenities with road frontage. A great opportunity to expand your portfolio with a proven performer!

Getting Around

21
WalkingCar-Dependent
0
TransitVery Limited Transit
15
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1940

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3

Features

  • Flooring: Ceramic Tile,Hardwood,Vinyl,Laminate

Interior Area

  • Total structure area: 3,060
  • Total interior livable area: 3,060 sqft

Property

Details

  • Parcel number: 113
  • Zoning: No

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Landslide
    LandslideRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Lightning
Landslide
Winter Weather
Hail
Strong Wind

FEMA Declared Disasters Across West Virginia Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,592$19,104
Home Insurance *$188$2,256
Property Taxes $115$1,380
Electricity $317$3,804
Total$2,212$26,544
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$75,840/yr
40% on housing$66,360/yr
45% on housing$58,986/yr

West Virginia FAIR Plan Programs

West Virginia Essential Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 260Commercial: 43
Total Premiums$274,000
Total Exposure$30.03M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.2%
6.2%
0%30.0%
Electricity Growth Rate10-year average: 8.0%
8.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$103This listing

vs Other Active Listings

Avg $/sqft

ZIP 24970$70
Greenbrier County$219

vs Homes Sold Last Month

Median $/sqft

ZIP 24970
Greenbrier County$143

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-05Listed for sale$315,000
2026-05-02Listing removed$315,000
2026-03-20Price change$315,000
2026-01-06Price change$325,000
2025-11-06Listed for sale$340,000
2023-12-28Sold$275,000
2023-11-06Pending sale$275,000
2023-11-06Listed for sale$275,000
2023-09-29Listing removed--
2023-07-07Listed for sale$275,000

For Sale by Agent

AgentShannon Warren
BrokerageWarren's Auction & Real Estate

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