320 Watts St, Morgantown, WV, 26501
About This Home
Discover a distinctive six-unit multifamily opportunity in Morgantown’s South Park Historic District. Located at 320 Watts Street, this well-maintained property combines neighborhood character with the flexibility of an established rental history that includes standard long-term leases and furnished short- and mid-term stays through Airbnb and Furnished Finder. A future owner has the flexibility of pursuing a long-term, furnished, or blended rental strategy. The apartments range from approximately 600 to 900 square feet and offer a variety of layouts and features. Each unit includes essential appliances, while select units feature in-unit laundry, dishwashers, and stainless steel appliances. Existing furnishings and household items associated with the furnished rental operation convey, providing a substantial advantage for a buyer wishing to continue offering equipped, move-in-ready accommodations. Abundant off-street parking - a rare feature in this area - adds convenience for tenants and guests, while generous storage space supports property operations. Additional highlights include a newer roof (replaced in 2022) and a current City of Morgantown Letter of Compliance valid through May 2029. Convenient to downtown Morgantown, WVU, healthcare facilities, local employers, dining, shopping, and recreation, the location supports demand from long-term residents, university-affiliated renters, traveling professionals, relocating households, and visitors. With six units and multiple potential income streams, this property offers an appealing opportunity in the Morgantown rental market.
Getting Around
Very Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1930
Materials
- Foundation: Block,Concrete Perimeter
- Roof: Shingle
- Construction materials: Block,Frame,Shake Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
- Laundry features: Washer Hookup,Common Area,Washer/Dryer Some
Basement
- Level: Basement
Basement
- Has basement: Yes
- Basement: Concrete,Exterior Entry,Garage Access,Unfinished,Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Features
- High Speed Internet,Other
- Window features: Window Treatments
- Flooring: Luxury Vinyl Plank,Other,Vinyl,Carpet,Wood
- Attic: Interior Access Only,Permanent Stairs
- Finished area below ground: 3
Heating & Cooling
- Heating features: Electric,Forced Air,Natural Gas,Wall Furnace
- Cooling features: Ceiling Fan(s),Window Unit(s)
Interior Area
- Total structure area: 4,800
- Total interior livable area: 4,800 sqft
Property
Details
- Parcel number: 3110003601250000 (+0126)
- Zoning description: Apartment Residential
Features
- Levels: 3
- Stories: 3
- Patio & porch: Patio
- Exterior features: Other,Lighting
- Fencing: None
- Has view: Yes
- View description: Neighborhood
- Waterfront features: None
Lot
- Lot size: 8,015 sqft
- Features: Level,Other
- Lot size dimensions: Irreg.
Parking
- Parking features: Off Street,Other,Storage In Garage
- Has garage: Yes
- 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
- Inland Flooding
- Lightning
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 | $3,787 | $45,444 |
| Home Insurance * | $324 | $3,888 |
| Property Taxes | $280 | $3,360 |
| Electricity | $497 | $5,967 |
| Total | $4,888 | $58,656 |
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 |
|---|---|---|
| 2026-07-15 | Listed for sale | $749,000 |
| 2026-02-27 | Listing removed | $1,250 |
| 2026-01-12 | Listed for rent | $1,250 |
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