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409 Diamond St, Fairmont, WV, 26554

4beds
3baths
8,009sqft
$250,000
$31price/sqft
$2,348/moest. monthly cost
$93,920/yrincome needed

About This Home

Unlock the potential of this blank slate and transform it into a fully functioning 10-unit apartment building. With the structure and space already in place, this property is primed for redevelopment—ideal for investors looking to build long-term rental income or expand their portfolio. Endless possibilities await with the right vision. Being Sold AS IS. Will more than likely need to be a cash buyer or renovation loan

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

6/10
8/10
East Fairmont High SchoolGrades PK,9-122.2 mi
5/10

Construction

Condition

  • Year built: 1923

Materials

  • Foundation: Block
  • Roof: Rubber,Rolled/Hot Mop
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Other

Basement

  • Level: Basement

Basement

  • Has basement: Yes
  • Basement: Full,Concrete,Exterior Entry

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Other
  • Flooring: Other
  • Attic: None
  • Finished area below ground: 5

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 8,009
  • Total interior livable area: 8,009 sqft

Property

Details

  • Parcel number: 2405000701040000
  • Zoning description: Apartment Residential
  • Other equipment: Other

Features

  • Levels: 3
  • Stories: 3
  • Exterior features: Other
  • Fencing: None
  • Has view: Yes
  • View description: City Lights,Lake or River,Neighborhood
  • Has water view: Yes
  • Water view: Lake or River
  • Waterfront features: None

Lot

  • Lot size: 5,400 sqft
  • Features: Level
  • Lot size dimensions: 60 x 90

Parking

  • Total spaces: 3
  • Parking features: Off Street,3+ Cars,No Garage
  • Has uncovered spaces: Yes

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

  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Lightning
Strong Wind

FEMA Declared Disasters Across West Virginia Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
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 $1,264$15,168
Home Insurance *$128$1,536
Property Taxes $127$1,524
Electricity $829$9,956
Total$2,348$28,176
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$80,502/yr
40% on housing$70,440/yr
45% on housing$62,613/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: 4.1%
4.1%
0%30.0%
Electricity Growth Rate10-year average: 8.0%
8.0%
0%15.0%
Property Taxes Growth Rate2-year average: -4.1%
-4.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$31This listing

vs Other Active Listings

Avg $/sqft

ZIP 26554$118
Marion County$107

vs Homes Sold Last Month

Median $/sqft

ZIP 26554$132
Marion County$123

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
2026-04-17Listed for sale$250,000
2024-09-02Listing removed$195,000
2021-09-01Sold$159,000
2021-05-26Price change$195,000
2021-02-19Listed for sale$199,900

For Sale by Agent

AgentKRISTEN BARBOUR
BrokerageBLUE SKY REALTY, LLC

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