2105 Walton Ave · Bluefield, WV 24701

$139,900

3 bd · 1.5 ba · 1,360 sqft · SingleFamily public records · 22 Days on market

Built 1960 9,583 sqft lot Est $126k · 11% over

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Why this score? — see what drove the D- 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 +12.4/30.0
• Appreciation +6.7/10.0
• DSCR +3.7/10.0
• Livability +2.8/5.0
• ARV discount +2.7/15.0
• 1% rule +2.6/10.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Updated brick ranch with amazing curb appeal. This cute home is one level living at it's best. Both bathrooms have been updated, new windows throughout. New appliances in the kitchen. Gas logs in living room. New plumbing in bathrooms, and new plumbing from the house to the street. Some electrical updates. Lots of natural light. Back yard is almost table top level, fenced and very private. Within walking distance to elementary schools and Community Center. Home is owned by Agent's family.

Key facts

• Close to schools
• One-level living
• Level back lot

Tags

• ONE-LEVEL LIVING
• PRIVATE FENCED BACKYARD
• LEVEL BACK LOT
• CLOSE TO SCHOOLS
• LOCAL AMENITIES

Property features AI

Exterior

• Utilities: Public water; Public sewer
• Home design: Single-family residence; 1 story; Brick veneer construction
• Construction: Brick veneer; Built on full basement
• Exterior features: Front porch

Interior

• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Baseboard heating; Window unit(s) for cooling; Ceiling fan(s)
• Interior features: Full basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $-23 ($-281/yr) — negative.
• To cash-flow at today's rent, offer at most $136k (3.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $107k (23.8% below list).
• Recommended offer: $107k (23.8% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 56/100 on livability (#265 in WV) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime D+, amenities F, commute F.
• Mercer County Schools (town): math 26% / reading 37% proficiency, ranked #28 of 55 in WV (top 51%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Bluefield Intermediate School (math 24% / reading 34%, grade F, #258 of 377 statewide, top 68%, 289 students, 0% FRL); Bluefield Middle School (math 21% / reading 35%, grade F, #66 of 109 statewide, top 63%, 467 students, 0% FRL); Bluefield High School (math 22% / reading 47%, grade F, #42 of 110 statewide, top 47%, 608 students, 0% FRL) — zoned schools average 0% FRL vs 54% district-wide (54 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 52 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 4 units permitted in Mercer County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $6k of equity ($967 loan paydown + $5k appreciation (3.4% local appreciation)).
• Mercer County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.4% appreciation + 3.0% rent growth), your $39k cash investment doubles in ~6 years — after that, you're playing with house money.
• By year 6, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 22 days — a 2% lower offer ($138k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 18y 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 $82k; list at $140k implies a 72% gain — meaningful room to come down on a strong offer.

Recommended offer $106,668 (23.8% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is D 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?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. 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.
8. 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.
9. 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: 0.76% ✗
• Cap rate: 6.09%
• Cash-on-cash: -0.72%
• DSCR: 0.97
• GRM: 10.9

CMA / ARV

• ARV (on-the-fly): $126,480
• Comps found: 8

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1104 W Cumberland Rd	0.18mi	3/2.0	1,272 (-6%)	15mo	$138,000	$108	66
901 Pearl St Ext	0.25mi	3/2.0	1,439 (+6%)	20mo	$85,000	$59	60
901 Frederick St	0.41mi	3/1.0	1,420 (+4%)	16mo	$100,000	$70	58
908 Shenandoah Ave	0.17mi	2/2.0 (-1)	1,557 (+14%)	15mo	$145,000	$93	49
909 Frederick St	0.41mi	2/1.5 (-1)	1,174 (-14%)	13mo	$118,000	$101	42
1451 Walnut Hts	0.68mi	3/2.0	1,204 (-12%)	18mo	$164,900	$137	32
829 Frederick St	0.43mi	2/1.0 (-1)	1,170 (-14%)	22mo	$78,000	$67	31
2320 Rose St	0.71mi	2/2.5 (-1)	1,468 (+8%)	22mo	$61,000	$42	26

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

Projected returns pro-forma

3.42% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 8.0%
• Equity multiple: 1.47×
• Total profit: $18,480
• Equity at exit: $66,271

10-year hold

• IRR: 10.4%
• Equity multiple: 2.63×
• Total profit: $63,985
• Equity at exit: $104,829

Cash invested: $39,172 (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 24701

• Home prices YoY: 1.6%
• Active inventory: 52
• Price-to-rent: 10.9×

Monthly cashflow live

• Estimated rent: $1,067 medium
• Mortgage (P&I): −$734
• Tax from tax record: −$74 /mo · $890/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$224
• Net cashflow: $-23

Break-even live

Break-even rent $1,096

Max offer price $135,765

Occupancy floor 97%

Sensitivity live

Price	-10% $56	-5% $16	+0% $-23	+5% $-63	+10% $-103
Rent	-10% $-108	-5% $-66	+0% $-23	+5% $19	+10% $61
Rate	-1.0pp $47	-0.5pp $12	base $-23	+0.5pp $-60	+1.0pp $-97

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
327 Frederick St Bluefield, WV	2.0	1.0	1100	$775	$0.70	45d	1	0.71mi

Listing history 21 events

1. 2026-06-19
   days on market $139,900 Active 22 DOM
2. 2026-06-18
   days on market $139,900 Active 21 DOM
3. 2026-06-17
   days on market $139,900 Active 20 DOM
4. 2026-06-16
   days on market $139,900 Active 19 DOM
5. 2026-06-15
   days on market $139,900 Active 18 DOM
6. 2026-06-14
   days on market $139,900 Active 16 DOM
7. 2026-06-12
   days on market $139,900 Active 15 DOM
8. 2026-06-09
   days on market $139,900 Active 12 DOM
9. 2026-06-08
   days on market $139,900 Active 11 DOM
10. 2026-06-07
    days on market $139,900 Active 10 DOM
11. 2026-06-05
    days on market $139,900 Active 7 DOM
12. 2026-06-02
    days on market $139,900 Active 5 DOM
13. 2026-06-01
    days on market $139,900 Active 4 DOM
14. 2026-05-31
    days on market $139,900 Active 3 DOM
15. 2026-05-30
    days on market $139,900 Active 2 DOM
16. 2026-05-28
    listed $139,900 Active
17. 2018-03-22
    soldstatus $81,500 493-char remark

    Show marketing remark (493 chars)

    Updated brick ranch with amazing curb appeal. This cute home is one level living at it's best. Both bathrooms have been updated, new windows throughout. New appliances in the kitchen. Gas logs in living room. New plumbing in bathrooms, and new plumbing from the house to the street. Some electrical updates. Lots of natural light. Back yard is almost table top level, fenced and very private. Within walking distance to elementary schools and Community Center. Home is owned by Agent's family.

18. 2017-08-20
    listed $86,000 493-char remark

    Show marketing remark (493 chars)

    Updated brick ranch with amazing curb appeal. This cute home is one level living at it's best. Both bathrooms have been updated, new windows throughout. New appliances in the kitchen. Gas logs in living room. New plumbing in bathrooms, and new plumbing from the house to the street. Some electrical updates. Lots of natural light. Back yard is almost table top level, fenced and very private. Within walking distance to elementary schools and Community Center. Home is owned by Agent's family.

19. 2008-07-30
    soldstatus $68,000 150-char remark

    Show marketing remark (150 chars)

    NICE BRICK RANCH WITH LARGE LEVEL BACK YARD, HARDWOOD FLOORS, LARGE GARAGE, TWO CARS COULD FIT IN GARAGE, GAS LOGS IN LIVING ROOM. COVERED BACK PORCH.

20. 2008-07-29
    soldstatus $68,000
21. 2008-06-04
    listed $84,900 150-char remark

    Show marketing remark (150 chars)

    NICE BRICK RANCH WITH LARGE LEVEL BACK YARD, HARDWOOD FLOORS, LARGE GARAGE, TWO CARS COULD FIT IN GARAGE, GAS LOGS IN LIVING ROOM. COVERED BACK PORCH.

ⓘ 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: $890 · $74/mo
• Projected year-2 tax: $890 · $74/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 2/10 Low 8 d/yr ≥90°F today · 23 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,800
• − Mortgage interest: −$7,837
• − Property taxes: −$890
• − Insurance: −$700
• − Repairs & maintenance: −$1,024
• − Management: −$1,024
• − Depreciation: −$4,070
• Taxable loss: −$2,743
• Est. tax savings @ 24.0%: +$658
• After-tax cash flow: $378/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: Mercer County Schools
• NCES district ID: 5400840
• Math proficiency: 26% ▼ -13.00%
• Reading proficiency: 37% ▼ -6.00%
• Median HH income: $35,064
• Composite: 25.98/100
• National rank: #7325
• State rank: #28 of 55 in WV

Livability — Bluefield

• Score: 56/100
• State rank: #265
• US rank: #22470

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bluefield, WV
• County: Mercer County · 33,615 people
• City population: 17,117
• Metro: Bluefield, WV-VA
• Population (ZIP): 17,117
• Household income: $50,455
• Rent vs Own: 31.5% rent · 68.5% own
• Severe rent burden: 302.0

Population outlook (Mercer County) Hauer SSP2

• Today (2025): 57,860 people
• By 2030: 55,781 · -3.6%
• By 2040: 51,365 · -11.2%
• By 2050: 47,476 · -17.9%
• By 2075: 38,851 · -32.9%
• By 2100: 30,053 · -48.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Black 9% Two or more races 7% Hispanic / Latino 2%
• Common ancestry: Slovak 2% Serbian 1% Danish 1%
• Foreign-born: 1%
• Languages at home: 96% English-only · Spanish 3%

Political lean MEDSL · Mercer

• 2024 margin: Solid R (+57.3) · D 20.6% · R 77.9% · Other 1.5%
• 2008→2024 swing: -29.8pp toward R · 2008: -27.6pp · 2024: -57.3pp
• All cycles: 2024: R+57.3 2020: R+54.4 2016: R+55.3 2012: R+47.1 2008: R+27.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.42%
• Current HPI: 215.9682
• Rent YoY: —
• Metro: Bluefield, WV-VA
• State GDP YoY: —
• F500 in state: 0

Price history

+64.8% since first listed

6 events — show timeline

• 2026-05-28 Listed $139,900 MTCBOR
• 2018-03-22 Sold (MLS) $81,500 MTCBOR
• 2017-08-20 Listed $86,000 MTCBOR
• 2008-07-30 Sold (MLS) $68,000 MTCBOR
• 2008-07-29 Sold (Public Records) $68,000 Public Records
• 2008-06-04 Listed $84,900 MTCBOR

Property tax history

+4.1%/yr

Latest (2025): $890 · +24.1% YoY. Source: county tax records.