318 High St, Morgantown, WV, 26505
About This Home
Prime Mixed-Use Investment Opportunity! This fully leased property features three commercial storefronts and six residential apartments, making it a strong income-producing asset. Each Apartment is separately metered and equipped with in-unit washer/dryer, central heating and air, and access to a well-maintained & recently inspected fire alarm & Sprinkler system. Recent capital improvements include a new roof, and upgraded ACs in some units ensuring long-term stability. The owner is open to seller financing down payment for well-qualified buyers and is also willing to sell & package the adjacent building at 201 Walnut St for a discounted rate—presenting a rare opportunity to expand your downtown portfolio.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Foundation: Block,Masonry
- Roof: Shingle,Rubber
- Construction materials: Block,Other
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
Bedrooms & Bathrooms
- Bedrooms: 12
- Bathrooms: 12
- Full bathrooms: 12
Features
- Other
- Flooring: Laminate
- Attic: Other
- Finished area below ground: 6
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 16,324
- Total interior livable area: 16,324 sqft
Property
Details
- Parcel number: 3111026A01200000
- Zoning description: Central Business
- Other equipment: Other
Features
- Levels: 4
- Stories: 4
- Exterior features: Other
- Fencing: Partial
- Has view: Yes
- View description: Neighborhood
- Waterfront features: None
Lot
- Lot size: 7,840 sqft
- Features: Other
- Lot size dimensions: 60 x 106
Parking
- Total spaces: 3
- Parking features: 3+ Cars,No Garage
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
- Lightning
- Strong Wind
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 | $7,382 | $88,584 |
| Home Insurance * | $673 | $8,076 |
| Property Taxes | $547 | $6,564 |
| Electricity | $1,691 | $20,293 |
| Total | $10,293 | $123,516 |
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 |
|---|---|---|
| 2026-03-25 | Price change | $1,599,999 |
| 2026-03-08 | Listed for sale | $1,699,999 |
| 2025-12-30 | Listing removed | $1,699,999 |
| 2025-07-22 | Listed for sale | $1,699,999 |
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