$189,900
403 Lee Rd , Follansbee, WV 26037
- 2
- beds
- 1
- baths
- 720
- sqft
- 1965
- year built
- Status:
- Active
- MLS #:
- 5220836
- County:
- Brooke
- Listed By:
- Lisa M Straight - LPT Realty, LLC
- Agent Phone:
- (304) 919-9085
- Agent Email:
- lisamstraight@gmail.com
Sponsoring Broker: Derek Eisenberg, Continental Real Estate Group, Inc
Investment opportunity in Follansbee, WV! This four-unit residential rental property includes two houses and two mobile homes, all situated on one property. All four units are currently rented with long-term tenants in place, offering an established rental history for the next owner. The property features a variety of unit styles and several recent exterior improvements. Unit 1 is a one-bedroom, one-bath home with an additional attached room that could serve as an office, den, nursery, or bonus space, plus a sunporch and laundry room. Updates include a new (2025) metal roof, gutters and downspouts along with some new soffit and fascia, plus a fenced yard. Stove and refrigerator are included. Unit 2 is a two-bedroom, one-bath home with a two-car attached garage, plus an additional garage/storage area ideal for lawn equipment, tools, or extra storage. This unit also features a new 2025 metal roof, soffit, gutters, and downspouts. Refrigerator and stove are included. Exterior painted in 2025. The back house comes with a level decent sized yard. Unit 3 is a two-bedroom, one-bath mobile home with a small front yard and side parking. This unit is currently tenant-occupied and in need of work. Roof coated in 2025. Refrigerator and stove are included. Unit 4 is a two-bedroom mobile home with a front porch, small front yard , and side parking. Recent exterior improvements include fresh exterior paint with shutters approximately one year ago and a roof coating completed last summer. This unit includes an electric furnace, electric hot water tank, stove, and refrigerator. This home is located in the back. This is a great opportunity for investors looking for an income-producing property with existing tenants, multiple rental units, garage/storage space, parking, and long-term rental history
Highlights
- Residential Income
- Quadruplex
- Built in 1965
- 0.3272 Acre Lot
- 3 Car Garage
- 143 days on Market
-
- Bedrooms
- 2
-
- Bathrooms
- 1
-
- Year Built
- 1965
-
- Stories
- 1.0
-
- Construction Materials
- Brick, Block
-
- Foundation
- Slab
-
- Garage Spaces
- 3.0
-
- Parking Features
- Attached, Garage
-
- Living Area
- 720.0
-
- Cooling
- Central Air
-
- Heating
- Forced Air, Natural Gas
-
- Acres
- 0.3272
-
- Water
- Public
-
- County
- Brooke
-
- City
- Follansbee
-
- Zip Code
- 26037
-
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Price History
| 06/22/2026 | Listed | $189,900 |
| Source: MLS Now #5220836 | ||
Source: MLS Data
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There are currently 18 properties available in Follansbee, with 3 under contract to close soon. Properties in the city have an average sale price of $139,262 and typically spend 98 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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How do I get more information about 403 Lee Rd?
Click Ask a Question to talk with our team. You already know it is a 2 bed, 1 bath, listed for $189,900. We can talk through recent upgrades, potential seller motivation, how this quadruplex compares to others in Follansbee, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 403 Lee Rd?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 403 Lee Rd at around $1,211. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 403 Lee Rd?
In most cases, yes. Whether 403 Lee Rd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Follansbee's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
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What is the price per square foot for this home?
This home is listed at $189,900 with 720 sqft of space—that comes out to approximately $264 per square foot.
How long has this property been on the market?
403 Lee Rd was listed on June 22, 2026, which means it's been on the market for 143 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1965, making it approximately 61 years old.
What is the lot size of this property?
403 Lee Rd sits on a 0.33-acre lot, which is 14,375 square feet.
What are the property taxes for 403 Lee Rd?
The most recent public record shows annual property taxes for 403 Lee Rd were approximately $1,560. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 403 Lee Rd still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information 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. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, MLS Now. All rights reserved.
Last Updated: November 12, 2026 at 06:57AM | Source: MLS Now | MLS#: 5220836
