3241 West St · Weirton, WV 26062

$128,500

4 bd · 2.0 ba · 1,844 sqft · SingleFamily public records · 11 Days on market

Built 1925 4,800 sqft lot Est $184k · 30% 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 +26.2/30.0
• ARV discount +15.0/15.0
• DSCR +8.9/10.0
• 1% rule +5.8/10.0
• Livability +3.5/5.0
• Schools +3.4/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Prepare to be impressed by this beautiful 4-bedroom, 2-full bath home that is all ready for you to move in with modern conveniences and flooded with natural light! From the moment you step onto the large front porch and enter into the welcoming, spacious entrance foyer, you will feel right at home. The main level offers an effortless layout with 2 living rooms seperated by built in pocket doors, a massive eat in kitchen featuring ample storage, a breakfast bar, appliances and an area for a pantry. Also located on the main floor is a full bath and the convenience of having a first floor laundry area that is located off of the hallway leading into the kitchen. The central foyer, on the upper

Key facts

• Large front porch
• Breakfast bar
• Ample storage

Tags

• LARGE FRONT PORCH
• SPACIOUS ENTRANCE FOYER
• BUILT IN POCKET DOORS
• MASSIVE EAT IN KITCHEN
• AMPLE STORAGE
• BREAKFAST BAR

Property features AI

Finance

• Financial info: Annual tax information recorded (tax year 2022)

Exterior

• Parking: Oversized parking pad with side-by-side spaces
• Utilities: Public water; Public sewer; Forced air gas heating
• Home design: Two-story home; Block foundation
• Construction: Vinyl siding; Asphalt fiberglass roof; Built per assessor records
• Exterior features: Front porch; Side porch; Back yard

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: Total of 7 rooms (includes bedrooms and living spaces)
• Bathrooms: 2 full bathrooms; 1 bathroom on the main level
• Interior features: Entrance foyer; Eat-in kitchen; Storage; Blinds on windows; Basement with concrete floor
• Laundry & utility: Washer hookup; Electric dryer hookup; Main-level laundry located in hallway

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $128k.

Deal economics

• At list price, monthly cash flow is $327 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $128k).
• Cap rate 9.3% vs local median 4.3% in Weirton — 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 69/100 on livability (#70 in WV) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: commute C-, schools D+, employment D.
• Hancock County Schools (urban): math 37% / reading 43% proficiency, ranked #7 of 55 in WV (top 13%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 79 active listings in the ZIP; 15 units permitted in Hancock County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $888 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Hancock County population projected at -15% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $32k; list at $128k implies a 295% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $128,500

Questions for the listing agent

1. Built in 1925 — 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. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.08% ✓
• Cap rate: 9.35%
• Cash-on-cash: 10.91%
• DSCR: 1.49
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $184,400
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2957 Elm	0.40mi	4/2.0	1,797 (-2%)	4mo	$19,000	$11	73
3601 State St	0.49mi	4/2.0	1,910 (+4%)	7mo	$195,000	$102	65
3539 West St	0.31mi	3/2.0 (-1)	1,800 (-2%)	16mo	$179,900	$100	64
3055 West St	0.22mi	3/2.0 (-1)	1,584 (-14%)	20mo	$72,500	$46	44
3913 Adams St	0.65mi	4/2.0	1,768 (-4%)	22mo	$103,000	$58	44
3510 Brightway St	0.65mi	3/2.5 (-1)	1,940 (+5%)	19mo	$196,750	$101	38
3612 Hanlin Way	0.67mi	3/1.0 (-1)	1,619 (-12%)	3mo	$170,000	$105	37
3632 Collins Way	0.68mi	3/2.0 (-1)	1,964 (+6%)	18mo	$180,000	$92	37
3624 Marlamont Way	0.62mi	3/1.5 (-1)	1,673 (-9%)	14mo	$200,000	$120	37
3656 Orchard St	0.44mi	3/1.0 (-1)	1,632 (-12%)	20mo	$28,400	$17	35
3528 Brightway St	0.68mi	5/2.0 (+1)	2,036 (+10%)	14mo	$187,400	$92	35
3705 Marlamont Way	0.66mi	4/2.0	1,627 (-12%)	19mo	$196,000	$120	34

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: -0.0%
• Equity multiple: 1.00×
• Total profit: $-41
• Equity at exit: $19,160

10-year hold

• IRR: 9.6%
• Equity multiple: 1.74×
• Total profit: $26,586
• Equity at exit: $11,110

Cash invested: $35,980 (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 26062

• Home prices YoY: -16.5%
• Active inventory: 79
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,392 medium
• Mortgage (P&I): −$674
• Tax from tax record: −$46 /mo · $547/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$292
• Net cashflow: $327

Break-even live

Break-even rent $978

Max offer price $128,500

Occupancy floor 72%

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: $32,125
• Closing costs: $3,855
• Reserves months: —
• Total cash needed: —

Listing history 9 events

1. 2026-06-19
   days on market $128,500 Active 11 DOM
2. 2026-06-18
   days on market $128,500 Active 10 DOM
3. 2026-06-17
   days on market $128,500 Active 9 DOM
4. 2026-06-16
   days on market $128,500 Active 8 DOM
5. 2026-06-15
   days on market $128,500 Active 7 DOM
6. 2026-06-14
   days on market $128,500 Active 5 DOM
7. 2026-06-12
   days on market $128,500 Active 4 DOM
8. 2026-06-09
   remarks 699-char remark
9. 2026-06-09
   listed $128,500 Active 1 DOM

ⓘ 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: $547 · $46/mo
• Projected year-2 tax: $758 · $63/mo
• Expected delta: +$211/yr (+$18/mo · 38.6%)

ⓘ 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 1/10 Low
• 🌡 Heat 4/10 Moderate 8 d/yr ≥97°F today · 19 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,710
• − Mortgage interest: −$7,198
• − Property taxes: −$547
• − Insurance: −$642
• − Repairs & maintenance: −$1,337
• − Management: −$1,337
• − Depreciation: −$3,738
• Taxable income: $1,911
• Est. tax owed @ 24.0%: −$459
• After-tax cash flow: $3,466/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: Hancock County Schools
• NCES district ID: 5400450
• Math proficiency: 37% ▼ -11.00%
• Reading proficiency: 43% ▼ -5.00%
• Median HH income: $39,803
• Composite: 33.5/100
• National rank: #5445
• State rank: #7 of 55 in WV

Livability — Weirton

• Score: 69/100
• State rank: #70
• US rank: #8638

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Weirton, WV
• City population: 20,721
• Population (ZIP): 20,721

Population outlook (Hancock County) Hauer SSP2

• Today (2025): 28,704 people
• By 2030: 27,913 · -2.8%
• By 2040: 26,078 · -9.1%
• By 2050: 24,521 · -14.6%
• By 2075: 21,630 · -24.6%
• By 2100: 17,867 · -37.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Two or more races 4% Black 3% Hispanic / Latino 2%
• Common ancestry: Romanian 7% Lithuanian 2% Serbian 2%
• Foreign-born: 2% · Vietnam, Canada
• Languages at home: 97% English-only · Other Indo-European 1% Spanish 1%

Political lean MEDSL · Hancock

• 2024 margin: Solid R (+46.8) · D 25.8% · R 72.6% · Other 1.6%
• 2008→2024 swing: -31.6pp toward R · 2008: -15.2pp · 2024: -46.8pp
• All cycles: 2024: R+46.8 2020: R+43.6 2016: R+44.5 2012: R+21.6 2008: R+15.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -41.66%
• Current HPI: 210.5239
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

+295.4% since first listed

2 events — show timeline

• 2026-06-08 Listed $128,500 MLSNOW
• 2001-07-13 Sold (Public Records) $32,500 Public Records

Property tax history

+0.8%/yr

Latest (2025): $547 · +4.1% YoY. Source: county tax records.