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$295,000 Just Listed
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Property Description
Excellent investment opportunity in the heart of Ranson! This well-maintained duplex features two separately metered units with strong rental potential and an estimated gross monthly income of $2,540. The front apartment offers 2 bedrooms and 1.5 baths, while the rear apartment features 1 bedroom and 1 bath. The rear unit is currently vacant, making it ideal for an owner-occupant looking to offset their mortgage or for an investor seeking immediate leasing potential. The property has a strong rental history and is easy to maintain occupancy. Conveniently located near shopping, dining, commuter routes, Hollywood Casino, and downtown Charles Town. Whether you are looking to expand your investment portfolio or begin investing in multifamily real estate, this property offers strong income potential and an attractive cap rate.
Full Property Details
Full Property Details for 203 W 5th Ave
General
- Price: $295,000
- Taxes: $2,625 (2025)
- Status: Active
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: WVJF2023878
- Updated: 5/8/2026
- Added to Site: 2 day(s) ago
Rental Information
- Lease Info: Yearly
Parking
- Parking Type: Off Street
Location
- Municipality: Ranson
- County: JEFFERSON
- Subdivision: RANSON CORPORATION
- Driving Directions: 203 W Fifth Ave, Font Apt.
- City Limits: Yes
School Information
- School District: Jefferson County Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Ranch/Rambler, Back-to-Back, Bungalow
- Structure Type: Twin/Semi-Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Full
- Foundation: Crawl Space
- Square Feet: 1,412
- Sq. Ft. Source: Assessor
- Living Area: 1,412 Sq. Ft.
- Finished Above Grnd: 1,412 Sq. Ft.
- Year Built: 1944
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 5,000
- Lot Size Source: Assessor
- Zoning: 102
Financial Considerations
- Price Per Sq. Ft.: $208.92
- Assessment Year: 2025
- School Tax: $1,680
- City/TownTax: $446
- City/TownTax Freq: Annually
- County Tax: $499
- County Tax Freq: Annually
- Tax w/Assessment: $93,800
- Tax Amount: $2,625
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 1412
Disclosures and Reports
- Ownership: Fee Simple
Listed by Crestar Realty LLC, Patricia Michele Sanderson
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Schools
Schools serving 203 W 5th Ave
School District:Jefferson County School District
| Name | Grades | Distance |
|---|---|---|
Ranson Elementary School 600 North Preston Street, Ranson, WV 25438 | PK-5 | 0.6 mi |
Wildwood Middle School 1209 Shenandoah Junction Road, Shenandoah Junction, WV 25442 | 6-8 | 4.6 mi |
Jefferson High School 4141 Flowing Springs Road, Shenandoah Junction, WV 25442 | 9-12 | 4.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 203 W 5th Ave
Date
Details
Price
Change
Source
5/08/2026
Listed
$295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 203 W 5th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,626
10%
$93,800
12%
2024
$2,384
4%
$83,900
3%
2023
$2,300
6%
$81,100
8%
2022
$2,160
6%
$74,900
8%
2021
$2,033
16%
$69,400
10%
2020
$1,746
3%
$62,900
5%
2019
$1,690
16%
$60,100
17%
2018
$1,462
—
$51,300
—
2017
$1,462
20%
$51,300
20%
2016
$1,215
4%
$42,900
5%
2015
$1,171
2%
$41,000
2%
2014
$1,146
2%
$40,200
1%
2013
$1,126
—
$39,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 203 W 5th Ave
203 W 5th Avenue, Ranson, WV 25438 (MLS# WVJF2023878) is a Single Family property with 0 bedrooms and 0 full bathrooms. 203 W 5th Avenue is currently listed for $295,000 and was received on May 08, 2026. Want to learn more about 203 W 5th Avenue? Do you have questions about finding other Single Family real estate for sale in Ranson? You can browse all Ranson real estate or contact a Coldwell Banker agent to request more information.

