1284 River Road, Morgantown, WV 26501
Monongalia County
Key Facts
Description
High-Yield Investment Opportunity: Multi-Unit Compound with Unrestricted Zoning Unlock Maximum ROI on 1.59 Unrestricted Acres Positioned in a high-growth corridor, this rare 1.59-acre asset offers a unique income stream potential with no zoning restrictions, perfect for a residential compound, commercial hub, or short/long-term rental portfolio. The Assets include Primary Residence (Value-Add Potential): A spacious 3BD/2BA home featuring high-end granite and custom stone masonry. Investor Bonus: The massive recreation wing has its own entrance and is equipped with existing kitchen and bath, allowing for a minimum amount of effort to convert into a third independent living suite or professional office. Secondary ADU (Income Ready): A modern 1BD + Loft unit with vaulted ceiling and independent laundry. PERFECT FOR LONG-TERM LEASING OR HIGH-DEMAND TRAVEL NURSING/STUDENT HOUSING GIVEN THE PROXIMITY TO WVU. Fleet-Grade Infrastructure: The gravel lot provides ample parking for heavy equipment or commercial fleets, catering to home-based businesses or multiple tenant logistics. Strategic Location & Future Appreciation: 7 Minutes to WVU: CAPTURES THE MASSIVE UNIVERSITY RENTAL/PROFESSIONAL MARKET. Proximity: 10 mins to Mall Rd retail and 15 mins to the airport. Infrastructure Growth: Ideally situated to benefit from the Harmony Grove Interchange (Phase 2). The upcoming River Road exit will significantly increase accessibility and potentially the property valuation. Development & Scale: LOCATED OUTSIDE CITY LIMITS WITH ZERO ZONING RESTRICTIONS, THE FLEXIBILITY FOR MIXED-USE DEVELOPMENT IS UNPARALLELED. FOR INVESTORS SEEKING A LARGER FOOTPRINT, THE ADJACENT PARCEL IS ALSO AVAILABLE, OFFERING A RARE ASSEMBLY OPPORTUNITY FOR A LARGER COMMERCIAL OR RESIDENTIAL PROJECT. Capitalize on this versatile asset before the new interchange is completed. Contact us for a pro-forma discussion or private tour.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Year Built
2002
Stories
1
Lot Size
1.59 acres
Days on Market
39
MLS® Listing#
5191559
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Fireplace
Parking
Laundry
Lot Features
Construction
Roof
Windows
Sewer
Water Source
Financial Details
Annual Taxes
$976
Tax year 2025
Parcel Number
31-070-01300650000
Directions
From Mall Rd. Turn left onto Fairmont Rd. Turn right onto Dupont Rd. Take a slight right turn onto River Rd. After 1.5 miles take a slight right turn. Driveway will have sign at the road.
Affordability Calculator
$98,000
Estimated monthly payment
$2,608/mo
Principal $392,000 · Est. interest $546,875 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Morgantown, WV
- $500,000
- Median Listing Price
- 108
- Median Days on Market
- 1,976
- Median Sq Ft
- $248
- Median Price / Sq Ft
- 4
- Active Listings
- This home’s price is 2% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Morgantown, WV.
Location
Points of Interest in Morgantown, WV
Showing the Morgantown area map.
Nearby Schools
Skyview Elementary School
Elementary · 1.2 mi away
Westwood Middle School
Secondary · 1.4 mi away
Mountain Heights Church
School · 1.6 mi away
Technical Education Center
Secondary · 2.2 mi away
Mtec
School · 2.2 mi away
South Middle School
Secondary · 2.4 mi away
Morgantown High School
Secondary · 2.5 mi away
Whitmore School
School · 2.8 mi away
Westover Elementary School
Elementary · 2.8 mi away
Mountainview Elementary School
Elementary · 2.9 mi away
Schools Board of Education
School · 3.0 mi away
Mylan Park Elementary School
Elementary · 3.1 mi away
Monongalia County School
School · 3.1 mi away
St Francis Central Catholic School
School · 3.1 mi away
Church of Jesus Christ of Latter Day Saints
School · 3.1 mi away
Wvu Department of Biology
School · 3.1 mi away
Mini Mountaineer
School · 3.2 mi away
Wvu Nursery School
School · 3.2 mi away
Covenant Christian School
School · 3.4 mi away
Schools
Secondary · 3.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1284 River Road, Morgantown, WV | $490,000 | 4 | 3 | 1,976 |
Moving Cost Estimate
EXIT Agents in Morgantown
Listing Courtesy: EXIT Riverbend Realty - rwyattexit@gmail.com, 304-991-4407
Last Updated: 2026-03-06