Ultra-Low Entry Value Play: 1920 Colonial Compound

Offering an extraordinary entry point into Harrison County real estate, this 1,305-square-foot pre-war residence at 413 High St represents a remarkable sweat-equity canvas in Clarksburg, West Virginia.

Listed by: Devin Moore 703-782-4422, INNOVATION PROPERTIES, LLC

Listed at an unmatched price point of $15,000—equating to an astounding ~$11 per square foot—this 1920-built three-bedroom, one-bathroom Colonial includes the main residential parcel along with two additional vacant adjacent lots, creating a triple-parcel town footprint.

Positioned for full rehabilitation, this property offers “solid bones” and a straightforward two-story floor plan. It serves as an ideal investment vehicle for a experienced investor, house-hacker, or landlord looking to capitalize on West Virginia’s strong rental yields while securing a multi-lot assemblage for pennies on the dollar.

The home sits elevated off High Street, featuring classic American Colonial geometry, a covered front entry porch, and traditional gabled rooflines. Inside, the 1,305-square-foot footprint offers clear-span room layouts that drench the common zones in natural light. Original trim details and a compact, efficient layout provide a clean slate for complete interior reconfiguration and cosmetic modernization.

🏛️ Interior Layout & Spatial Efficiency

The home’s two-story floor plan is straightforward and practical, maximizing every square foot of livable area:

The Ground Floor Common Core: Opens into a bright front living room parlor that transitions directly into a central dining area and a rear kitchen workspace. The layout allows for straightforward drywall, flooring, and cabinet updates without requiring major structural wall removals.

The Upper Sleeping Quarters: A central staircase leads to the secondary level, which houses three true family bedrooms and a central full bathroom, securely isolating private sleeping quarters away from the main-floor living tracks.

Subterranean Foundation: Below the primary level sits a unconditioned basement foundation, housing core utility hookups and providing supplemental storage space for tenant or owner gear.

🌳 Triple-Parcel Compound & Value-Add Potential

The defining feature of this $15,000 transaction is the inclusion of the two adjoining vacant lots alongside the primary parcel:

Expanded Footprint: Combining three contiguous parcels (totaling over 7,800+ sqft across all lots) provides rare urban elbow room. The extra land can be utilized for off-street parking, a massive garage/outbuilding build, private gardens, or future residential development.

Micro-Budget Renovation Runway: At a $15,000 acquisition cost, an investor can execute a full $35,000–$50,000 gut rehabilitation (covering new HVAC, updated electrical wiring, PEX plumbing, roof, kitchen, and bath) and still maintain a total cost basis well under regional market values—yielding high cap rates as a long-term rental or a healthy profit margin as a quick flip.

📋 Property Specifications

💰 Price: $15,000 (An unprecedented ~$11/sqft baseline)

📍 Address: 413 High St, Clarksburg, WV 26301 (Harrison County Corridor)

📐 Interior Size: 1,305 finished above-grade sqft

🌳 Lot Package: 3 Contiguous Parcels Included (Primary lot + 2 vacant adjacent lots)

🛏️ Bedrooms: 3 (Clustered together on the upper residential tier)

🛁 Bathrooms: 1 Full Bathroom

🏗️ Year Built: 1920 (Post-WWI Pre-War American Colonial)

🛠️ Property Status: Full Value-Add Rehabilitation Project / Investor & Handyman Special

🚀 Investment Playbook: High-Yield Rental Conversion, BRRRR Candidate, or Quick Flip

🔍 Key Features & Investment Value Points Explained

🏛️ Unbeatable Entry Price Point: Securing a standalone 1,300+ square foot home plus two extra vacant parcels for $15,000 is virtually unheard of in today’s housing market. The low acquisition cost minimizes risk while providing an unmatched runway for profit.

📦 Triple-Lot Utility & Future Flexibility: Owning two additional vacant adjacent parcels provides immense functional versatility. You can add off-street parking, erect a workshop/garage, or hold the extra lots for long-term appreciation or secondary development.

📈 High-Yield Rental Market Metrics: Clarksburg maintains strong regional demand for affordable single-family rentals. A fully renovated 3-bedroom home in this market commands attractive monthly rents, yielding impressive cash-on-cash returns relative to the total invested capital.

📍 Strategic North-Central West Virginia Location: Located on High Street, residents enjoy quick access to downtown Clarksburg’s historic business district, local dining, schools, and healthcare facilities at United Hospital Center. Enjoy convenient transit access to U.S. 50 and I-79 for an effortless commuter loop straight into Bridgeport, Fairmont, or Morgantown.