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7986 Frankfort Hwy, 
Fort Ashby, WV 26719

$429,000


5

Beds


4

Baths


2,367

Sq Ft


Single Family

Active

Listed by

Sharon Murray

Last updated:

February 2, 2026, 02:44 PM

MLS#

WVMI2003914

Source:

BRIGHTMLS

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About This Home

7986 Frankfort Hwy

Versatile Income-Producing Property on Over 2 Acres – Unrestricted & Multi-Lot Opportunity This exceptional residential property offers a rare blend of immediate income, flexibility, and future development potential. Situated on three unrestricted lots totaling just over 2 acres, the property features a two-unit residence ideal for investors, multi-generational living, or owner-occupants seeking rental income. The upper apartment includes 3 bedrooms and 2 full bathrooms, while the lower apartment offers 2 bedrooms and 1.5 bathrooms. Each unit is equipped with separate water and electric meters, providing efficiency and ease of management. A new metal roof installed in 2015 adds long-term durability and peace of mind. Previously utilized as a landscape supply yard, the property includes a heavy-duty gravel lot rated for tractor trailers and dump truck deliveries, offering exceptional parking and commercial-grade utility. An equipment building is already serviced with electric and water, with interior outlets in place—ideal for storage, workshop use, or future expansion. Outdoor living is elevated with a large wood-burning fireplace patio, complemented by an adjacent elevated patio perfect for grilling or a future outdoor kitchen. Mountain views and a natural stream running through the property create a peaceful setting while enhancing tenant appeal and long-term rental value. Located in a high-demand market with proven rental performance, this property supports long-term rentals, short-term rentals, or conversion back to a single-family residence. The unrestricted zoning and multiple lots provide numerous opportunities for future development, expansion, or resale. Adding to the property’s upside, the current owner previously received county approval of a preliminary plan to add multiple rental cabins, highlighting the site’s strong development potential A truly rare offering combining income generation, unrestricted land, ample parking, and scenic surroundings in a sought-after location that's close to schools, shopping, dining and many area recreational landmarks.

Home Facts

Single Family

4 Baths

5 Bedrooms

Built in 1991

Price Summary

429,000

$181 per Sq. Ft.

MLS #:

WVMI2003914

Last Updated:

February 2, 2026, 02:44 PM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

3

Interior

Living Area:

2,367 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch/Rambler

Building Area:

2,367 Sq. Ft.

Year Built:

1991


Lot

Lot Size (Sq. Ft):

91,040


Finances & Disclosures

Finances

Price:

$429,000

Price per Sq. Ft:

$181 per Sq. Ft.

7986 Frankfort Hwy
Source:BRIGHTMLS
The information being provided by Bright Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Bright Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.