501 W King Street, Martinsburg, WV 25401 - Photo 1

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$599,900

Sold
Closed
Apartment

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Property Description

**Welcome to 501 West King Street - Your Opportunity Awaits!** Discover the charm of this **French Provincial-style apartment building**, perfectly situated on a corner lot in the heart of downtown Martinsburg. This property is not just a place to live; it's a lifestyle! Located just steps away from **The Garage on King**, the area's newest and trendiest food hall, this building offers tenants an unbeatable blend of convenience and modern living. **Property Highlights:** - **Six Units**: Includes **4 one-bedroom** and **2 two-bedroom** apartments. _**Over 8000 sq ft - **Efficient Systems**: Each unit is equipped with its own electric HVAC system, and water is metered separately in the basement for easy pass-through to tenants. - **Prime Location**: Walkable to dining, entertainment, and downtown amenities. -**Central Vacuum **Income Potential:** - **Current Income**: $6,950 in gross rents + $100 from laundry. **Updates & Value Add:** - Three apartments have already been turned over with market rate increases. **Low Expenses, High Potential!** This is an incredible opportunity to own a **low-maintenance, high-return investment property** in a thriving location. Ready to invest in your future? Don't miss out on this gem at **501 West King Street**!

Full Property Details

Full Property Details for 501 W King St

General

Sold For: $599,900
Taxes: $6,406 (2023)
Status: Closed
Type: Apartment
Source: BrightMLSMidAtlantic
MLS ID: WVBE2034972
Added to Site: 419 day(s) ago

Business

Business Type: Apartment Building

Interior

Flooring: Ceramic Tile, Hardwood, Solid Hardwood, Wood

Rooms

Bathrooms

Restrooms: 7

Parking

Parking Type: None

Location

Municipality: MARTINSBURG
County: Berkeley
Building Name: NONE AVAILABLE
Driving Directions: from Intertstae 81 turn east off exit 13. See building on the right. sign on building
Location Details: Urban
City Limits: Yes

School Information

High School: Martinsburg

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Forced Air
Heating Fuel: Central, Electric
Water Heater: Electric

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Brick
Ceiling Height: 10' to 12', 8' to 10'
Doors: Double Entry
Stories/Levels: 4
Year Built: 1930
Year Built Source: Estimated
Property Condition: Very Good

Unit Information

# Tenants: Multiple
Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3, Unit 6

Lot Features

Lot Size (Acres): 0.13
Lot Size (Sq. Ft.): 5,720
Lot Size Source: Estimated
Lot Dimensions: 55.5 x 104
Lot Features: Corner
Zoning: URBAN MULTI FAMILY
Lot Description: Corner

Financial Considerations

Price Per Sq. Ft.: $74.13
County Tax: $3,302
County Tax Freq: Semi-Annually
Tax w/Assessment: $350,700
Tax Amount: $6,406
Tax Year: 2023
Owner Pays: Common Area Maintenance, Insurance, Management, Pest Control, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water
Landlord Pays: Common Area Maintenance, Insurance, Management, Pest Control, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water

Disclosures and Reports

Ownership: Fee Simple
Investment: Yes

Listed by ERA Liberty Realty, James, Jr. V Lopez
Sold by Samson Properties, Garland Del Grimes

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Listing agent

— 501 W King St —

James, Jr. V Lopez

ERA Liberty Realty

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Schools

Schools serving 501 W King St

School District:Berkeley County School District

Name	Grades	Distance
Burke Street Elementary School 422 West Burke Street, Martinsburg, WV 25401	PK-3	0.1 mi
Eagle School Intermediate 730 Eagle School Road, Martinsburg, WV 25404	3-5	2.1 mi
Martinsburg South Middle School 150 Bulldog Boulevard, Martinsburg, WV 25401	6-8	0.5 mi
Martinsburg High School 701 South Queen Street, Martinsburg, WV 25401	9-12	0.6 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 501 W King St

Date

Details

Price

Change

Source

5/23/2025

Sold

$599,900

—

MLS

11/29/2024

Listed

$599,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

194 98 Ac Granny Smith Ln, Kearneysville, WV 25430 - Photo 1

Just Listed

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194 98 Ac Granny Smith Ln Kearneysville, WV 25430

Lots/Land
Active
Updated 6 days ago

194.98
Acres

Listed by Path Realty, Kenneth F. Lowe III

9 King St, Kearneysville, WV 25430 - Photo 1

Just Listed

$160,000

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Lots/Land
Active
Updated 1 day ago

0.79
Acres

Listed by Brawner & Associates, Linda L Brawner

44 06 Ac Kearneysville Pike, Kearneysville, WV 25430 - Photo 1

Just Listed

$3,040,140

44 06 Ac Kearneysville Pike Kearneysville, WV 25430

Lots/Land
Active
Updated 6 days ago

44.06
Acres

Listed by Path Realty, Kenneth F. Lowe III

261 Granny Smith Ln, Kearneysville, WV 25430 - Photo 1

Just Listed

$325,000

261 Granny Smith Ln Kearneysville, WV 25430

Lots/Land
Active
Updated 6 days ago

7.78
Acres

Listed by Path Realty, Kenneth F. Lowe III

808 Our Ln, Kearneysville, WV 25430 - Photo 1

Price Reduced

-$25,000 (-4%)

$599,900

808 Our Ln Kearneysville, WV 25430

Single Family
Active
Updated 4 days ago

3
Beds
3
Total Baths
2,948
Sq. Ft.

Listed by David "Dave" Friedrich (301) 730-3514

277 Augustine Ct, Kearneysville, WV 25430 - Photo 1

Price Reduced

-$25,100 (-5.91%)

$399,900

277 Augustine Ct Kearneysville, WV 25430

Single Family
Active
Updated 3 days ago

4
Beds
4
Total Baths
4,839
Sq. Ft.

Listed by Charis Realty Group, Ronald E Wolfe

41 Venetian Ct, Hedgesville, WV 25427 - Photo 1

Price Reduced

-$4,000 (-1.6%)

$245,900

41 Venetian Ct Hedgesville, WV 25427

Townhouse
Active
Updated 3 days ago

3
Beds
4
Total Baths
1,806
Sq. Ft.

Listed by Keller Williams Realty Advantage, Amanda Llewellyn and Keller Williams Realty Advantage, Carmel A Llewellyn

231 Sachem Hill, Hedgesville, WV 25427 - Photo 1

Price Reduced

-$10,000 (-2.13%)

$459,900

231 Sachem Hill Hedgesville, WV 25427

Single Family
Active
Updated 5 days ago

3
Beds
3
Total Baths
3,662
Sq. Ft.

Listed by Gain Realty, Brittny Kay Petry

311 N Maple Ave, Martinsburg, WV 25401 - Photo 1

Sold

$565,000

311 N Maple Ave #8 Martinsburg, WV 25401

Apartment
Closed

Listed by John Orem & Associates, LLC., John W Orem
Sold by ERA Oakcrest Realty, Inc., Lisa S Gill

113 N Tennessee Ave, Martinsburg, WV 25401 - Photo 1

Sold

$625,000

113 N Tennessee Ave Martinsburg, WV 25401

Single Family
Closed

6
Beds
3
Total Baths
5,600
Sq. Ft.

Listed by Hensell Realty, Co., Gregory R Ahalt and Hensell Realty, Co., Charles W Hensell Jr.
Sold by Dandridge Realty Group, LLC, Michelle Denise Brannan

302 Rock Cliff Dr, Martinsburg, WV 25401 - Photo 1

Sold

$670,000

302 Rock Cliff Dr Martinsburg, WV 25401

Commercial Service
Closed

Listed by Samson Properties, Christopher B Ross
Sold by Long & Foster Real Estate, Inc., Butch L Cazin

839 Winchester Ave, Martinsburg, WV 25401 - Photo 1

Sold

$562,000

839 Winchester Ave Martinsburg, WV 25401

Apartment
Closed

Listed and Sold by Samson Properties, Jonathan A Shively

501 W King Street, Martinsburg, WV 25401 (MLS# WVBE2034972) is a Apartment property that was sold at $599,900 on May 23, 2025. Want to learn more about 501 W King Street? Do you have questions about finding other Apartment real estate for sale in Martinsburg? You can browse all Martinsburg real estate or contact a Coldwell Banker agent to request more information.

501 W King St Martinsburg, WV 25401