Don’t miss this rare multi-income property package located just outside of Waynesburg, minutes from Waynesburg University and with easy access to Morgantown, WV, Pittsburgh, PA and Pittsburgh International Airport. This unique package offers multiple streams of income and future development potential all in one purchase. The property includes 5 small residential homes on cement slabs, featuring four 2-bedroom, 1-bath units and one 1-bedroom, 1-bath home, making it ideal for student housing, workforce rentals, short-term rentals, or long-term tenants. With the close proximity to the university, this location is perfectly positioned to attract steady rental demand. This particular listing consists of the vacant building described in the next paragraph. Adding even more upside, the property also includes a vacant standalone building ready for commercial conversion—perfect for a hair salon, barber shop, boutique office, coffee spot, or other small business venture. Investors and entrepreneurs alike will appreciate the flexibility this additional structure provides. As a bonus, two small vacant parcels are included, offering room for future expansion, additional parking, storage units, new construction, or added outdoor amenities. This is the kind of high-potential mixed-use investment opportunity that rarely hits the market—multiple residences, commercial possibilities, and land for future growth in a strategic location near major travel corridors. Whether you’re looking to expand your rental portfolio, create student housing, or develop a mixed-use income property, this one checks all of the boxes. All 5 homes are currently rented so if you're ready to purchase a great investment property for your portfolio, look no further!
Don’t miss this rare multi-income property package located just outside of Waynesburg, minutes from Waynesburg University and with easy access to Morgantown, WV, Pittsburgh, PA and Pittsburgh International Airport. This unique package offers multiple streams of income and future development potential all in one purchase. The property includes 5 small residential homes on cement slabs, featuring four 2-bedroom, 1-bath units and one 1-bedroom, 1-bath home, making it ideal for student housing, workforce rentals, short-term rentals, or long-term tenants. With the close proximity to the university, this location is perfectly positioned to attract steady rental demand. This particular listing consists of a vacant lot that is just past Unit #5. Adding even more upside, the property also includes a vacant standalone building ready for commercial conversion—perfect for a hair salon, barber shop, boutique office, coffee spot, or other small business venture. Investors and entrepreneurs alike will appreciate the flexibility this additional structure provides. As a bonus, two small vacant parcels are included, offering room for future expansion, additional parking, storage units, new construction, or added outdoor amenities. This is the kind of high-potential mixed-use investment opportunity that rarely hits the market—multiple residences, commercial possibilities, and land for future growth in a strategic location near major travel corridors. Whether you’re looking to expand your rental portfolio, create student housing, or develop a mixed-use income property, this one checks all of the boxes. All 5 homes are currently rented so if you're ready to purchase a great investment property for your portfolio, look no further!
West Penn MLS #1747818
Jul 1, 2026
Price Changed
$495,000
May 11, 2026
Price Changed
$550,000
Apr 10, 2026
Listed
$600,000
Don’t miss this rare multi-income property package located just outside of Waynesburg, minutes from Waynesburg University and with easy access to Morgantown, WV, Pittsburgh, PA and Pittsburgh International Airport. This unique package offers multiple streams of income and future development potential all in one purchase. The property includes 5 small residential homes on cement slabs, featuring four 2-bedroom, 1-bath units and one 1-bedroom, 1-bath home, making it ideal for student housing, workforce rentals, short-term rentals, or long-term tenants. With the close proximity to the university, this location is perfectly positioned to attract steady rental demand. This particular listing consists of a vacant lot just before Unit #1. Adding even more upside, the property also includes a vacant standalone building ready for commercial conversion—perfect for a hair salon, barber shop, boutique office, coffee spot, or other small business venture. Investors and entrepreneurs alike will appreciate the flexibility this additional structure provides. As a bonus, two small vacant parcels are included, offering room for future expansion, additional parking, storage units, new construction, or added outdoor amenities. This is the kind of high-potential mixed-use investment opportunity that rarely hits the market—multiple residences, commercial possibilities, and land for future growth in a strategic location near major travel corridors. Whether you’re looking to expand your rental portfolio, create student housing, or develop a mixed-use income property, this one checks all of the boxes. All 5 homes are currently rented so if you're ready to purchase a great investment property for your portfolio, look no further!
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Single Family Residential
County
Greene County
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Last updated by owner on Apr 12, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 96° expected this year, 18 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Waynesburg, PA • 15370
Average low and high temperatures (°F)
32
14
41
21
60
34
68
44
70
48
81
59
85
65
81
57
78
52
66
40
53
33
42
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
78/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
3.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 249 Washington Rd
$447,759
$47K under list price of $495K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $149K to $445K.