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
Description
?? 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).
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
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 May 2026
Avg. sale price
$313K
$11.45KMoM
Sale-to-List Price
99.8%
Price per sq ft
$165
$1MoM
Available listings
196
28MoM
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 | |
1.23 | Multi-Family Home | $185,000 | 07/08/25 | 3 | 2 | 2,240 | |
0.31 | Multi-Family Home | $270,000 | 07/02/25 | 4 | - | 1,536 | |
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 |
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.
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Homes for sale near 700 E Moler Ave
Off Market Homes Near 700 E Moler Ave
700 E Moler Ave, Martinsburg, WV 25404 is a 8 bedroom, 4 bathroom, 4,000 sqft multi-family built in 1989. This property is not currently available for sale. 700 E Moler Ave was last sold on Sep 28, 2001 for $61,500.

