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531 King W

Martinsburg, WV 25401

– beds
– baths
3,000 sqft
6,000 sqft lot
$156 per sqft
1935 build

This property is fully rented, and the leases remain in effect after the sale. The current rent roll is $4,775.00, monthly which includes pet fees. This is an old building that has been modified over time, and all measurements and footage are estimates. The current owner has renovated almost the entire building. The roof was replaced before the owner purchased the building. It is a low-maintenance, income-generating property ready for its next owner to collect the rents. It comes with a concrete block garage/storage space at the back of the property and offers a small fenced backyard to the tenant in Unit D. The property adjoins the Woolen Mill condo project, which may increase the property's value upon completion as Martinsburg continues to develop. The property reflects the characteristics of Old Downtown Martinsburg. It is one block from the Garage at King, a few blocks from the judicial center, and within walking distance of various Downtown Martinsburg events. It is also four blocks from Burke Street Park and the walking trail, approximately four blocks from the MARC train station and Roundhouse, and two blocks from Everything Cheesecake. Its location is convenient. Viewing times for the property are limited to respect the tenants' working hours and privacy. Showings are only available on Saturdays and Sundays from 11:00am to 2:00pm. There is no lockbox and no sign. Please schedule online. Thank you.

Listing courtesy of BRIGHT / Samson Properties

Last checked: Checking… • Last updated Mar 30, 2025 •

MLS# WVBE2038730 —

The Building

Year Built:

1935
Year Built Source:

Estimated
Roof:

Architectural Shingle
New Construction:

No
Construction Materials:

Brick, Stone, Wood Siding, Aluminum Siding, Concrete, Combination
Building Units Total:

4
Structure Type:

Other
Architectural Style:

Colonial
Accessibility Features:

None
Basement:

No
Total SqFt Source:

Estimated
Total Below Grade SqFt Source:

Estimated

Interior

Interior Features:

Other
Fireplace:

No
Living Area SqFt Source:

Estimated

Room Dimensions

Total SqFt:

3000
Living Area SqFt:

3,000 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional, FHA
Possession:

Coin w/Sell Sett

Location

Directions:

From 81 Take the King Street Exit towards Martinsburg. It will be on the right one block prior to Winchester Avenue
Latitude:

39.45934887
Longitude:

-77.97672482

The Property

Property Type:

Multi-Family
Property Subtype:

Quadruplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.14
Lot Size Source:

Estimated
Lot SqFt:

6,000 Sqft
Zoning:

DOWNTOWN
In City Limits:

Yes
Other Structures:

Above Grade, Below Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

06 14002500000000
Tax Year:

2024
Tax Annual Amount:

$3,123.29
Tax Assessed Value:

$98,520
Year Assessed:

2024
City/Town Tax:

206.89
Total Taxes Payment Frequency:

Annually

The Listing

Virtual Tour

Heating & Cooling

Cooling Type:

Window Unit(s)
Central Air:

No
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Baseboard - Electric
Heating Fuel:

Electric

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Electric
Water Source:

Public

Schools

High School:

MARTINSBURG
School District Name:

Berkeley County Schools
School District Source:

Listing Agent

The Community

Subdivision Name:

None Available
Pool:

No Pool

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Vacation Rental:

No
One Bedroom Units:

3
Three Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Shentel

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
3/28/25 Mar 28, 2025	Listed / Active	BRIGHT	$470,000

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This multifamily located in Boomtown Historic District, Martinsburg, WV 25401 is currently for sale for $470,000. 531 King W is a 3,000 square foot multifamily with – beds and – baths. 531 King W is in the Boomtown Historic District neighborhood of Martinsburg and has a WalkScore® of 66, making it somewhat walkable. This multifamily is in the attendance area of Orchard View Intermediate School, Martinsburg South Middle School, Rosemont Elementary School, and Martinsburg High School.

Listing Courtesy of: BRIGHT and Samson Properties.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.