$3,324 Closing Credit¹
#WVBE2039452, Michael Oates, Listing Office: Exit Success Realty
$399,000 List price
321 W Race St Martinsburg, WV 25401
$4,738
Closing credit¹
2,120 sqft
0.10 acres
$188 / sqft
Multi-Family
Property details
About 321 W Race St
PRICE IMPROVED by $20,000. This charming quadruplex in the heart of downtown Martinsburg offers an excellent investment opportunity! All four units are currently rented, generating a steady monthly income of $3,800. Each unit has been thoughtfully updated with new vinyl flooring, modernized kitchens, and bathrooms, making this property both low-maintenance and highly desirable for tenants. The owners have made several recent improvements, including replacing most of the windows, updating the electric, installing four new water heaters, and changing out the gutters in 2022. These updates ensure long-term durability and efficiency. Additionally, each of the four units is separately metered for utilities, offering tenants more control over their expenses while simplifying management for the owner. The property features a shared backyard, perfect for outdoor relaxation, and on-street parking adds convenience for residents. Investors should inquire with local lenders about the potential for qualifying for a DSCR loan to maximize their investment potential. Don’t miss out on this great cash-flowing opportunity in a prime location! Schedule a showing today!
Highlights
Home typeQuadruplex
HeatingBaseboard
StatusActive
(ACTIVE)
(ACTIVE)
CoolingWindow Unit(s)
Size2,120 sqft
Lot size0.1 Acres
Year built1900
ParkingOn Street
MLS #WVBE2038928
ViewCity
Summary
- Appliances: Oven, Electric Range, Refrigerator, Water Heater
- Basement: No
- Flooring Type: Luxury Vinyl Plank
- Interior: Bathroom - Stall Shower, Bathroom - Tub Shower, Breakfast Area, Family Room Off Kitchen, Wood Floors
- Parking: On Street
- View: City
- Exterior: Exterior Lighting, Sidewalks
- Architectural Style: Colonial
- Heating: Baseboard
- Cooling: Window Unit(s)
- List Price: $399,000
- Price/SqFt: $188
- Annual Tax Amount: $2,608
- Tax Year: 2024
- Lot: Cleared, Level, Back Yard
- Directions: From the Samson Martinsburg office: From parking lot, turn left onto Edwin Miller Blvd. Turn right onto Raleigh St. Make a left onto W. Race St. Property on the left. There is no for sale sign.
- Year Built: 1900
- Living Area: 2,120 SqFt
- Municipality: City Of Martinsburg
- Lot Size: 0.1 Acres
- MLS Number: WVBE2038928
- MLS Name: BRIGHT
- Office Name: Samson Properties
- Office Phone: (304) 930-5621
- Listing Agent: Holly Michelle Wilson
- Agent Phone: (304) 820-5690
- Agent Email: hollymwilson4@gmail.com
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2025, 7:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$399,000
321 W Race St
$4,738
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 16, 2022 | Home Sold | $205,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $83,100 | $2,608 |
| 2023 | $82,380 | $2,650 |
| 2022 | $50,220 | $1,522 |
| 2021 | $47,400 | $1,447 |
| 2020 | $45,240 | $1,382 |
| 2019 | $43,500 | $1,335 |
| 2018 | $36,720 | $1,127 |
| 2017 | $34,440 | $1,065 |
History based on county public records data.
Nearby schools
9
Burke Street Elementary School
Public District PK-3
0.2 mi
•422 W Burke St
4
Winchester Avenue Elementary School
Public District PK-3
0.8 mi
•650 Winchester Ave
4
Rosemont Elementary School
Public District PK-3
0.9 mi
•301 S Alabama Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $26,765. The majority of Martinsburg, WV residents have income less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
59%
<35k
36%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
65%
Single, No Kids
15%
Single, with Kids
13%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
6%
12-17 yrs old
26%
18-34 yrs old
46%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
UFC
Pro Wrestling
Figure Skating
Where do the neighbors shop?
Family Dollar
Burlington
Express/Express For Men
Where do the neighbors go to eat?
Burger King
Cicis Pizza
Church's Chicken
What do the neighbors drive?
Buick
Pontiac
Cadillac
What do the neighbors listen to?
Urban Contemporary
Jazz
Contemporary Inspirational
All data provided by Home Junction and Claritas
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$5,581 Closing Credit¹
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Frequently asked questions
Living in Martinsburg, WV
Martinsburg's transportation infrastructure supports both private and public transit options, with a focus on accessibility and connectivity. The city's layout and services encourage walkability in certain areas, particularly around the downtown core, while also providing routes that are conducive to cycling. The road network includes major thoroughfares that facilitate commuting and travel to surrounding regions. Public transportation services are available, with schedules designed to accommodate the needs of residents and commuters. The availability of ride-sharing services complements the existing transport options, enhancing mobility within the city.
The community is served by a number of public schools, private educational institutions, and specialized programs that cater to a range of academic and vocational interests. Healthcare services in Martinsburg include a regional medical center and various clinics that offer primary and specialized care. The city also features a public library system that supports lifelong learning and community engagement. Retail and dining options in Martinsburg reflect the local culture, with a mix of independent shops and restaurants that showcase the area's culinary diversity.
Martinsburg is celebrated for its historical significance and the community's commitment to preserving its rich heritage. The city prides itself on a vibrant downtown area that hosts a variety of local events and festivals throughout the year, which serve as a testament to the area's strong sense of community and cultural identity. Residents and visitors alike enjoy the blend of traditional charm and contemporary amenities that define Martinsburg's character.
Martinsburg offers a diverse array of housing options, with single-family homes being a significant part of the market. The architectural styles in the area range from historic colonial to contemporary, reflecting the city's rich history and modern growth. While the exact composition of the housing market is not specified, there is a mix of older homes with unique character and newer constructions that cater to modern living preferences. The homeownership rate in Martinsburg is indicative of a community that values long-term investment in their living spaces.
About 321 W Race St
This home is located at 321 W Race St in Martinsburg, WV and zip code 25401. This 2,120 square foot home, which was built in 1900, sits on a 0.10 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $399,000.
The number of listings in Martinsburg, WV increased by 72.4% between March and April 2025. While the average time on the market in April 2025 was 55 days, the median list price was $350,665.
From Rocket Homes Real Estate and based on county public records data.