$4,453 Closing Credit¹
#WVBE2034550, John W Orem, Listing Office: John Orem & Associates, LLC.
$470,000 List price
531 King W Martinsburg, WV 25401
$5,581
Closing credit¹
3,000 sqft
0.1 acres
$157 / sqft
Multi-Family
Property details
About 531 King W
This property is fully rented, and the leases remain in effect after the sale. The current rent roll is $4,775.00, monthly which includes pet fees. This is an old building that has been modified over time, and all measurements and footage are estimates. The current owner has renovated almost the entire building. The roof was replaced before the owner purchased the building. It is a low-maintenance, income-generating property ready for its next owner to collect the rents. It comes with a concrete block garage/storage space at the back of the property and offers a small fenced backyard to the tenant in Unit D. The property adjoins the Woolen Mill condo project, which may increase the property's value upon completion as Martinsburg continues to develop. The property reflects the characteristics of Old Downtown Martinsburg. It is one block from the Garage at King, a few blocks from the judicial center, and within walking distance of various Downtown Martinsburg events. It is also four blocks from Burke Street Park and the walking trail, approximately four blocks from the MARC train station and Roundhouse, and two blocks from Everything Cheesecake. Its location is convenient. Viewing times for the property are limited to respect the tenants' working hours and privacy. Showings are only available on Saturdays and Sundays from 11:00am to 2:00pm. There is no lockbox and no sign. Please schedule online. Thank you.
Highlights
Home typeQuadruplex
HeatingBaseboard
StatusActive
(ACTIVE)
(ACTIVE)
CoolingWindow Unit(s)
Size3,000 sqft
Lot size0.14 Acres
Year built1935
ParkingOn Street
MLS #WVBE2038730
Summary
- MLS Number: WVBE2038730
- MLS Name: BRIGHT
- Office Name: Samson Properties
- Office Phone: (304) 930-5621
- Listing Agent: Pilar E. Goicoechea
- Agent Phone: (703) 618-6858
- Agent Email: pilarsproperties@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: 4/11/2025, 8:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$470,000
531 King W
$5,581
closing credit¹
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Price information
Property sales
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Tax history
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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
0.4 mi
•650 Winchester Ave
4
Rosemont Elementary School
Public District PK-3
0.6 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 $25,238. The majority of Martinsburg, WV residents have income less than $<35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
67%
<35k
32%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
54%
Single, No Kids
20%
Single, with Kids
16%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
6%
12-17 yrs old
27%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing- UFC
Soccer
Where do the neighbors shop?
Burlington
Family Dollar
Forever 21
Where do the neighbors go to eat?
Popeyes
Burger King
Dominos Pizza
What do the neighbors drive?
Dodge
Buick
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Martinsburg, WV
About 531 King W
This home is located at 531 King W in Martinsburg, WV and zip code 25401. This 3,000 square foot home, which was built in 1935, sits on a 0.14 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $470,000.
Martinsburg, WV housing market in March 2025 saw over 15 listings sold above listed price, more than 19 sold at listed price and over 20 sold below. The inventory of homes for sale in Martinsburg, WV between February and March 2025 increased by 25.6%. While the average time on the market in March 2025 was 38 days, the median list price was $300,328.
From Rocket Homes Real Estate and based on county public records data.