213 Gallaher St · Huntington, WV 25705

$124,900

3 bd · 1.0 ba · 1,094 sqft · SingleFamily public records · 10 Days on market

Built 1920 0.25 ac lot Est $146k · 14% under

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +26.1/30.0
• ARV discount +13.9/15.0
• DSCR +8.8/10.0
• 1% rule +5.9/10.0
• Livability +4.0/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This delightful home has so much to offer! Enjoy your mornings and evenings on the inviting front porch. The original part of the home offers 1 bedroom and full bath. Open kitchen/dining area with built in buffet cabinet! The addition to the property includes 1 bedroom and 1 oversized bathroom, closet and laundry area.

Key facts

• Covered front porch
• Spacious kitchen
• Updated flooring

Tags

• ONE LEVEL LIVING
• UPDATED FLOORING
• SPACIOUS KITCHEN
• COVERED FRONT PORCH
• BACK DECK
• LARGE FLAT BACKYARD

Property features AI

Exterior

• Parking: Off-street parking; On-street parking
• Utilities: Public water; Public sewer
• Home design: Single-family residence; Single story
• Construction: Vinyl siding; Shingle roof
• Exterior features: Deck; Porch; Level lot

Interior

• Kitchen: Dishwasher; Microwave; Range; Oven
• Flooring: Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (Natural Gas); Central air conditioning
• Interior features: Dishwasher; Microwave; Range; Oven; Vinyl flooring; Crawl space basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $315 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Cap rate 9.3% vs local median 6.5% in Huntington — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 79/100 on livability (#16 in WV, #2,045 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: crime F, employment F.
• Cabell County Schools (urban): math 31% / reading 42% proficiency, ranked #13 of 55 in WV (top 24%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Explorer Academy (math 22% / reading 27%, grade F, #287 of 377 statewide, top 85%, 406 students, 0% FRL); Huntington East Middle School (math 18% / reading 32%, grade F, #81 of 109 statewide, top 76%, 585 students, 0% FRL); Huntington High School (math 26% / reading 50%, grade F, #31 of 110 statewide, top 28%, 1,704 students, 0% FRL) — zoned schools average 0% FRL vs 47% district-wide (47 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 163 active listings in the ZIP; 61 units permitted in Cabell County in 2024 (5 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 9 sale attempts since 5y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $78k; list at $125k implies a 60% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $124,900

Questions for the listing agent

1. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.09% ✓
• Cap rate: 9.32%
• Cash-on-cash: 10.80%
• DSCR: 1.48
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $145,502
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
280 S Walnut St	0.06mi	2/1.5 (-1)	1,043 (-5%)	7mo	$82,500	$79	76
334 Gallaher St	0.24mi	2/1.0 (-1)	1,176 (+8%)	2mo	$135,900	$116	70
29 S Queens Ct	0.38mi	3/1.0	1,025 (-6%)	3mo	$129,000	$126	70
113 Allen Ave	0.08mi	3/1.0	941 (-14%)	6mo	$143,900	$153	68
111 Allen Ave	0.08mi	3/1.0	941 (-14%)	10mo	$150,000	$159	65
225 Green Oak Dr	0.25mi	3/2.0	1,200 (+10%)	10mo	$170,000	$142	60
200 S Walnut St	0.14mi	3/2.0	1,253 (+14%)	11mo	$166,500	$133	56
402 Forest Rd	0.44mi	4/2.0 (+1)	1,040 (-5%)	8mo	$161,500	$155	56
2733 Washington Blvd	0.44mi	3/2.0	1,176 (+8%)	10mo	$177,900	$151	54
117 Morris St	0.58mi	2/1.0 (-1)	1,008 (-8%)	6mo	$50,000	$50	50
2953 Jarrell St	0.74mi	4/1.5 (+1)	1,074 (-2%)	11mo	$140,000	$130	46
306 Davis St	0.49mi	3/1.5	1,232 (+13%)	11mo	$71,900	$58	45

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -0.2%
• Equity multiple: 0.99×
• Total profit: $-242
• Equity at exit: $18,623

10-year hold

• IRR: 9.4%
• Equity multiple: 1.73×
• Total profit: $25,419
• Equity at exit: $10,799

Cash invested: $34,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State West Virginia: 83 Strongly Landlord-Friendly · R+22
• County: — inherits STATE
• City: — inherits STATE

Landlord-favorable; preempted; minimal protections.

Methodology + full state rankings →

ZIP-level market 25705

• Home prices YoY: -24.9%
• Active inventory: 163
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,359 medium
• Mortgage (P&I): −$655
• Tax from tax record: −$52 /mo · $627/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$285
• Net cashflow: $315

Break-even live

Break-even rent $961

Max offer price $124,900

Occupancy floor 72%

Sensitivity live

Price	-10% $385	-5% $350	+0% $315	+5% $279	+10% $244
Rent	-10% $207	-5% $261	+0% $315	+5% $368	+10% $422
Rate	-1.0pp $378	-0.5pp $346	base $315	+0.5pp $282	+1.0pp $249

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $31,225
• Closing costs: $3,747
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-05-04
   status Pending
2. 2026-05-01
   status Active
3. 2026-04-28
   status Pending
4. 2026-04-21
   listed $124,900 Active
5. 2025-02-13
   soldstatus $78,200
6. 2025-02-11
   soldstatus $78,200 Closed 320-char remark

   Show marketing remark (307 chars)

   This delightful home has so much to offer! Enjoy your mornings on the inviting front porch. The original part of the home offers 1 bedroom and full bath. Open kitchen/dining area with built in buffet cabinet! The addition to the property includes 1 bedroom and 1 oversized bathroom, closet and laundry area.

7. 2025-02-11
   soldstatus $78,200 307-char remark

   Show marketing remark (307 chars)

   This delightful home has so much to offer! Enjoy your mornings on the inviting front porch. The original part of the home offers 1 bedroom and full bath. Open kitchen/dining area with built in buffet cabinet! The addition to the property includes 1 bedroom and 1 oversized bathroom, closet and laundry area.

8. 2024-12-27
   historical Active Under Contract 320-char remark

   Show marketing remark (320 chars)

   This delightful home has so much to offer! Enjoy your mornings and evenings on the inviting front porch. The original part of the home offers 1 bedroom and full bath. Open kitchen/dining area with built in buffet cabinet! The addition to the property includes 1 bedroom and 1 oversized bathroom, closet and laundry area.

9. 2024-12-02
   status Active 320-char remark

   Show marketing remark (320 chars)

   This delightful home has so much to offer! Enjoy your mornings and evenings on the inviting front porch. The original part of the home offers 1 bedroom and full bath. Open kitchen/dining area with built in buffet cabinet! The addition to the property includes 1 bedroom and 1 oversized bathroom, closet and laundry area.

10. 2024-11-27
    price $80,000 320-char remark

    Show marketing remark (320 chars)

    This delightful home has so much to offer! Enjoy your mornings and evenings on the inviting front porch. The original part of the home offers 1 bedroom and full bath. Open kitchen/dining area with built in buffet cabinet! The addition to the property includes 1 bedroom and 1 oversized bathroom, closet and laundry area.

11. 2024-10-29
    historical Active Under Contract 320-char remark

    Show marketing remark (320 chars)

    This delightful home has so much to offer! Enjoy your mornings and evenings on the inviting front porch. The original part of the home offers 1 bedroom and full bath. Open kitchen/dining area with built in buffet cabinet! The addition to the property includes 1 bedroom and 1 oversized bathroom, closet and laundry area.

12. 2024-10-22
    listed $85,000 Active 320-char remark

    Show marketing remark (307 chars)

    This delightful home has so much to offer! Enjoy your mornings on the inviting front porch. The original part of the home offers 1 bedroom and full bath. Open kitchen/dining area with built in buffet cabinet! The addition to the property includes 1 bedroom and 1 oversized bathroom, closet and laundry area.

13. 2024-10-22
    listed $80,000 307-char remark

    Show marketing remark (307 chars)

    This delightful home has so much to offer! Enjoy your mornings on the inviting front porch. The original part of the home offers 1 bedroom and full bath. Open kitchen/dining area with built in buffet cabinet! The addition to the property includes 1 bedroom and 1 oversized bathroom, closet and laundry area.

14. 2024-09-18
    status Active
15. 2024-08-06
    historical Active Under Contract
16. 2024-07-26
    status Active
17. 2024-07-24
    historical Active Under Contract
18. 2024-07-18
    listed $85,000 Active
19. 2022-02-04
    soldstatus $53,000
20. 2021-09-21
    listed $55,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast WV · Resets to sale price

• Current annual tax: $627 · $52/mo
• Projected year-2 tax: $737 · $61/mo
• Expected delta: +$110/yr (+$9/mo · 17.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥102°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,313
• − Mortgage interest: −$6,996
• − Property taxes: −$627
• − Insurance: −$624
• − Repairs & maintenance: −$1,305
• − Management: −$1,305
• − Depreciation: −$3,633
• Taxable income: $1,822
• Est. tax owed @ 24.0%: −$437
• After-tax cash flow: $3,339/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Cabell County Schools
• NCES district ID: 5400180
• Math proficiency: 31% ▼ -7.00%
• Reading proficiency: 42% ▼ -6.00%
• Median HH income: $36,426
• Composite: 30.26/100
• National rank: #6285
• State rank: #13 of 55 in WV

Livability — Huntington

• Score: 79/100
• State rank: #16
• US rank: #2045

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment F Housing A Health & safety A+ User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Huntington, WV
• City population: 25,795
• Population (ZIP): 20,668

Population outlook (Cabell County) Hauer SSP2

• Today (2025): 97,574 people
• By 2030: 98,060 · +0.5%
• By 2040: 98,817 · +1.3%
• By 2050: 100,185 · +2.7%
• By 2075: 105,895 · +8.5%
• By 2100: 105,948 · +8.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Black 5% Two or more races 4% Hispanic / Latino 2% Asian 1%
• Common ancestry: Slovak 3% Serbian 2% Lithuanian 2%
• Foreign-born: 2%
• Languages at home: 97% English-only · Spanish 1%

Political lean MEDSL · Cabell

• 2024 margin: Strong R (+21.9) · D 38.0% · R 59.9% · Other 2.0%
• 2008→2024 swing: -11.8pp toward R · 2008: -10.1pp · 2024: -21.9pp
• All cycles: 2024: R+21.9 2020: R+18.0 2016: R+25.5 2012: R+13.9 2008: R+10.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -57.08%
• Current HPI: 171.7797
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

+127.1% since first listed

20 events — show timeline

• 2026-05-04 Pending — HBRMLS
• 2026-05-01 Relisted — HBRMLS
• 2026-04-28 Pending — HBRMLS
• 2026-04-21 Listed $124,900 HBRMLS
• 2025-02-13 Sold (Public Records) $78,200 Public Records
• 2025-02-11 Sold (MLS) $78,200 HBRMLS
• 2025-02-11 Sold (MLS) $78,200 AABOR
• 2024-12-27 Contingent — AABOR
• 2024-12-02 Relisted — AABOR
• 2024-11-27 Price Changed $80,000 AABOR
• 2024-10-29 Contingent — AABOR
• 2024-10-22 Listed $80,000 HBRMLS
• 2024-10-22 Listed $85,000 AABOR
• 2024-09-18 Relisted — AABOR
• 2024-08-06 Contingent — AABOR
• 2024-07-26 Relisted — AABOR
• 2024-07-24 Contingent — AABOR
• 2024-07-18 Listed $85,000 AABOR
• 2022-02-04 Sold (MLS) $53,000 HBRMLS
• 2021-09-21 Listed $55,000 HBRMLS

Property tax history

+9.5%/yr

Latest (2025): $627 · +10.0% YoY. Source: county tax records.