Multi Family Investment Properties for Sale in Parkersburg, WV
453- 4 Bed
- 2 Bath
- - sft
307- 5 Bed
- 4 Bath
- 2221 sft
615- 2 Bed
- 4 Bath
- 1800 sft
498- 4 Bed
- 2 Bath
- - sft
Why Invest in Parkersburg, West Virginia?
Parkersburg's multi-family market offers compelling opportunities for value-focused investors seeking stable cash flow in an undervalued Appalachian market. With median home values around $147,000 and year-over-year appreciation of 1.6%, the market provides accessible entry points for rental portfolio expansion. The city's 3.6 months of supply indicates a balanced market with reasonable inventory levels, while days-on-market averaging 51 days suggests steady tenant demand. Multi-family properties benefit from Parkersburg's position as a regional employment hub, supporting consistent rental yields and long-term appreciation potential.
Frequently Asked Questions
Multi-family properties in Parkersburg typically generate rental yields of 5-6% annually, supported by affordable acquisition prices averaging $147,000 and steady tenant demand from the regional workforce. Cap rates generally range from 6.5-7.5%, making the market attractive for value-focused investors seeking stable cash flow.
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