7986 Frankfort Hwy, Fort Ashby, WV, 26719
About This Home
Versatile Income-Producing Property on Over 2 Acres – Unrestricted & Multi-Lot Opportunity This exceptional residential property offers a rare blend of immediate income, flexibility, and future development potential. Situated on three unrestricted lots totaling just over 2 acres, the property features a two-unit residence ideal for investors, multi-generational living, or owner-occupants seeking rental income. The upper apartment includes 3 bedrooms and 2 full bathrooms, while the lower apartment offers 2 bedrooms and 1.5 bathrooms. Each unit is equipped with separate water and electric meters, providing efficiency and ease of management. A new metal roof installed in 2015 adds long-term durability and peace of mind. Previously utilized as a landscape supply yard, the property includes a heavy-duty gravel lot rated for tractor trailers and dump truck deliveries, offering exceptional parking and commercial-grade utility. An equipment building is already serviced with electric and water, with interior outlets in place—ideal for storage, workshop use, or future expansion. Outdoor living is elevated with a large wood-burning fireplace patio, complemented by an adjacent elevated patio perfect for grilling or a future outdoor kitchen. Mountain views and a natural stream running through the property create a peaceful setting while enhancing tenant appeal and long-term rental value. Located in a high-demand market with proven rental performance, this property supports long-term rentals, short-term rentals, or conversion back to a single-family residence. The unrestricted zoning and multiple lots provide numerous opportunities for future development, expansion, or resale. Adding to the property’s upside, the current owner previously received county approval of a preliminary plan to add multiple rental cabins, highlighting the site’s strong development potential A truly rare offering combining income generation, unrestricted land, ample parking, and scenic surroundings in a sought-after location that's close to schools, shopping, dining and many area recreational landmarks.
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Property condition: Very Good
- Year built: 1991
Materials
- Foundation: Block
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch/Rambler
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Oven/Range - Electric,Refrigerator,Washer,Electric Water Heater
Basement
- Has basement: Yes
- Basement: Exterior Entry,Full,Finished,Heated
Bedroom1
- Features: Flooring - Carpet
- Level: Main
- Area: 170
- Dimensions: 10 X 17
Bedroom2
- Features: Flooring - Carpet
- Level: Main
- Area: 143
- Dimensions: 11 X 13
Bedroom3
- Features: Flooring - Laminated
- Level: Lower
Bedroom4
- Features: Flooring - Laminated
- Level: Lower
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Dining Room
- Features: Flooring - Carpet
- Level: Main
- Area: 200
- Dimensions: 20 X 10
Family Room
- Features: Flooring - Carpet
- Level: Main
- Area: 228
- Dimensions: 12 X 19
Features
- Attic,Dining Area
- Finished area above ground: 2,367
Heating & Cooling
- Heating features: Forced Air,Heat Pump,Electric
- Cooling features: Heat Pump,Electric
Interior Area
- Total structure area: 2,367
- Total interior livable area: 2,367 sqft
Kitchen
- Features: Flooring - Carpet
- Level: Main
- Area: 224
- Dimensions: 16 X 14
Living Room
- Features: Flooring - Carpet
- Level: Main
- Area: 300
- Dimensions: 15 X 20
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: NO TAX RECORD
- Zoning: 100
- Zoning description: RESIDENTIAL
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Deck,Patio
- Exterior features: Extensive Hardscape
- Has view: Yes
- View description: Mountain(s),Trees/Woods,Street
Lot
- Lot size: 2.09 Acres
- Features: Landscaped,Stream/Creek
Parking
- Parking features: Off Street
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
- Inland Flooding
- Hail
- Landslide
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across West Virginia Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,169 | $26,028 |
| Home Insurance * | $183 | $2,196 |
| Property Taxes | $426 | $5,112 |
| Electricity | $245 | $2,942 |
| Total | $3,023 | $36,276 |
Income You'd Need if You Spent...
West Virginia FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-26 | Price change | $429,000 |
| 2025-12-19 | Listed for sale | $450,000 |
| 1988-05-01 | Sold | $38,000 |
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