700 E Moler Ave
Martinsburg, WV 25404
- 8 Beds
- 4 Baths
- 4,000 sqft
8 Beds
4 Baths
4,000 sqft
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1989
Living Area
4,000 sqft
About this House
?? Investor Alert: Prime opportunity to grab a fully rented 4-unit apartment building on E Moler Avenue in Martinsburg, WV – instant cash flow in a growing Eastern Panhandle market! ??
• Asking Price: $425,000
• Property: 4-unit complex – ALL 2BR/1BA units (900-1,000 sq ft each)
• 2 units updated ~1990: Currently renting $900 & $950
• 2 units updated ~2020: Currently renting $1,050 each
• Gross Monthly Income: $3,950 ($47,400/year) – tenants in place!
• Operating Expenses: ~$1,365/mo (includes taxes $400, insurance $200, water/garbage/storm, city tax, and 10% repair/capex reserve)
• Net Operating Income (NOI): ~$2,585/mo ? Impressive ~7.3% cap rate (strong for WV multi-family, where averages hit 7-9% per Crexi and local market reports)
• Upside Potential: Market rents for 2BR apartments in Martinsburg are averaging $1,400–$1,600+ (per 2026 data from RentCafe, Zillow, http://Apartments.com) – huge room to boost rents on the older units for even better returns!
• Bonus Features: Full parking lot with 2 spots per unit + extra spaces (a big win in a growing area – keeps tenants happy and reduces turnover!)
• Location Perks: Thriving Martinsburg spot in WV’s Eastern Panhandle – just ~1hr to DC/Baltimore for commuters, near major employers (Amazon distribution, healthcare hubs, federal agencies), easy I-81 access, and booming population growth (projected 0.2%+ annually).
• Asking Price: $425,000
• Property: 4-unit complex – ALL 2BR/1BA units (900-1,000 sq ft each)
• 2 units updated ~1990: Currently renting $900 & $950
• 2 units updated ~2020: Currently renting $1,050 each
• Gross Monthly Income: $3,950 ($47,400/year) – tenants in place!
• Operating Expenses: ~$1,365/mo (includes taxes $400, insurance $200, water/garbage/storm, city tax, and 10% repair/capex reserve)
• Net Operating Income (NOI): ~$2,585/mo ? Impressive ~7.3% cap rate (strong for WV multi-family, where averages hit 7-9% per Crexi and local market reports)
• Upside Potential: Market rents for 2BR apartments in Martinsburg are averaging $1,400–$1,600+ (per 2026 data from RentCafe, Zillow, http://Apartments.com) – huge room to boost rents on the older units for even better returns!
• Bonus Features: Full parking lot with 2 spots per unit + extra spaces (a big win in a growing area – keeps tenants happy and reduces turnover!)
• Location Perks: Thriving Martinsburg spot in WV’s Eastern Panhandle – just ~1hr to DC/Baltimore for commuters, near major employers (Amazon distribution, healthcare hubs, federal agencies), easy I-81 access, and booming population growth (projected 0.2%+ annually).
700 E Moler Ave, Martinsburg, WV 25404 is a 8 bedroom, 4 bathroom, 4,000 sqft multi-family built in 1989. It last sold for $61,500 on Sep 28, 2001. More recently, it was listed as a rental in April 2017 with an asking price of $700 per month. That rental listing was removed on May 22, 2017. It is currently off market. The Trulia Estimate rent is $1,321/month.
Home Details for 700 E Moler Ave
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Heating & Cooling Heating: Wall, ElectricAir ConditioningCooling System: CentralHeating Fuel: Wall |
Levels, Entrance, & Accessibility Stories: 3 |
Interior Details Number of Rooms: 8Types of Rooms: Laundry Room |
Appliances & Utilities DryerRefrigeratorWasher |
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Exterior Home Features Roof: AsphaltExterior: VinylFoundation Type: Crawl Raised |
Parking & Garage Parking Spaces: 10Parking: Off Street |
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Year Built Year Built: 1989 |
Property Type / Style Property Type: Multi FamilyArchitecture: Conventional |
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Units in Building: 4 |
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Lot Area: 8712 sqft |
Price History for 700 E Moler Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 04/13/2026 | ListingRemoved | N/A | |
| 02/04/2026 | $425,000 | Listed For Sale | N/A |
| 03/02/2018 | $119,900 | ListingRemoved | Agent Provided |
| 01/17/2018 | $119,900 | Listed For Sale | Agent Provided |
| 05/22/2017 | $700 | ListingRemoved | Agent Provided |
| 04/28/2017 | $700 | Listed For Rent | Agent Provided |
| 11/01/2016 | $119,000 | ListingRemoved | Agent Provided |
| 04/12/2016 | $119,000 | Listed For Sale | Agent Provided |
| 03/31/2016 | $700 | ListingRemoved | Agent Provided |
| 11/13/2015 | $650 | ListingRemoved | Agent Provided |
| 11/04/2015 | $650 | Listed For Rent | Agent Provided |
| 06/20/2015 | $650 | ListingRemoved | Agent Provided |
| 05/20/2015 | $650 | Listed For Rent | Agent Provided |
| 02/18/2015 | $700 | ListingRemoved | Agent Provided |
| 01/20/2015 | $700 | Listed For Rent | Agent Provided |
| 06/07/2014 | $700 | ListingRemoved | Agent Provided |
| 05/07/2014 | $700 | Listed For Rent | Agent Provided |
| 09/28/2001 | $61,500 | Sold | N/A |
Market trends in Martinsburg
Last updated June 2026
Avg. sale price
$308K
$5.53KMoM
Sale-to-List Price
100.0%
0.2%MoM
Price per sq ft
$165
$0MoM
Available listings
200
4MoM
Property Tax and Assessment
| Year | 2018 |
|---|---|
| Tax | $2,114 |
| Assessment | $114,700 |
Home facts updated by county records
Comparable Sales for 700 E Moler Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.24 | Multi-Family Home | $285,000 | 02/23/26 | 5 | 3 | 3,200 | |
1.07 | Multi-Family Home | $535,000 | 05/29/26 | 8 | 8 | 5,338 | |
0.93 | Multi-Family Home | $385,000 | 08/18/25 | 4 | 4 | 2,120 | |
1.05 | Multi-Family Home | $335,000 | 11/04/25 | 5 | - | 3,397 | |
0.88 | Multi-Family Home | $357,000 | 01/21/26 | 4 | - | 2,560 | |
1.43 | Multi-Family Home | $200,000 | 01/20/26 | 6 | 2 | 2,290 | |
1.44 | Multi-Family Home | $300,000 | 09/26/25 | 6 | - | 3,264 | |
1.10 | Multi-Family Home | $172,000 | 01/09/26 | 6 | - | 2,296 | |
1.07 | Multi-Family Home | $387,500 | 12/09/25 | 1 | - | 3,500 | |
1.43 | Multi-Family Home | $250,000 | 06/22/26 | 4 | 3 | 2,188 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 700 E Moler Ave.
What Locals Say about Martinsburg
At least 398 Trulia users voted on each feature.
88 % Say car is needed
81 % Say it's dog friendly
79 % Say yards are well-kept
77 % Say parking is easy
71 % Say there's holiday spirit
71 % Say kids play outside
56 % Say it's quiet
52 % Say there's wildlife
51 % Say neighbors are friendly
51 % Say people would walk alone at night
44 % Say there are sidewalks
41 % Say they plan to stay for at least 5 years
40 % Say streets are well-lit
33 % Say it's walkable to restaurants
31 % Say it's walkable to grocery stores
22 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 700 E Moler Ave
Off Market Homes Near 700 E Moler Ave
Frequently asked questions about 700 E Moler Ave
- What is the price history for 700 E Moler Ave?700 E Moler Ave in Martinsburg, WV last sold for $61,500 in September 2001.
- Is Martinsburg a buyer's or seller's market?Martinsburg is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Martinsburg?The median sale price in Martinsburg is $308K. That is down $5.53K from the prior month.
- What do residents say about Martinsburg?Residents describe Martinsburg, WV as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See recently sold homes in Martinsburg, WV.
- Does 700 E Moler Ave have air conditioning?Yes, 700 E Moler Ave in Martinsburg, WV has air conditioning.
- Does 700 E Moler Ave have laundry facilities?Yes, 700 E Moler Ave in Martinsburg, WV has in-unit laundry.

