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508 Laurel Street, Parkersburg, WV
Investor opportunity. Tenant occupied rental property with income potential in Parkersburg. Property may be purchased individually or as part of a small portfolio of investment homes. Please do not disturb tenants.

Fizbo Market Record — April 11, 2026 Compared against 97 active listings in Parkersburg, 182,234 across West Virginia, and 182,000+ nationwide, here is where this property stands. This single-family residence at 508 Laurel Street features two bedrooms, one bathroom, a conventional style built in 1945, and sits on a 0.1-acre lot with 4,181 square feet of land. The listing notes that the property has income potential as it's currently tenant-occupied, making it an opportunity for investors. Priced at $57,900, this listing ranks above 93% of active inventory in Parkersburg, placing it in the 7th percentile. However, when considering price-per-square-foot, the listing is priced below the median for single-family residences in the city, indicating a more conservative pricing strategy. Compared to the state median price of $276,900 and the city median price of $147,900, this listing is significantly undervalued, with a price-to-city-median ratio of 0.39x. Among the 97 active listings in Parkersburg, this property's lot size ranks at the 16th percentile, while its year built places it in the higher end, above 62% of competing listings. In terms of bedrooms and bathrooms, this listing has fewer than the city average, with a bedroom-to-city-average ratio of 0.67x and a bathroom-to-city-average ratio of 0.56x. One notable feature is that only 12% of competing listings in Parkersburg have a similar lot size, making this property's land a differentiator. However, its age and fewer bedrooms/bathrooms compared to the city average may be seen as drawbacks by potential buyers. With 75 days on market being the average for Parkersburg listings, it's worth noting that there are currently 97 active listings competing against this one. The market in Parkersburg is described as cool, indicating a relatively stable and slow-moving market. With 97 active listings, buyers have plenty of options to choose from, which may impact pricing strategy.
Property Type
SingleFamilyResidence
Style
Conventional
Year Built
1945
Lot Size
4,181 sqft
Days on Market
4 days
Full Baths
1
MLS #
1154733054
Listing Type
Residential
Market
YESMLS
District
Wood-Parkersburg South HS
508 Laurel Street, Parkersburg, WV 26101 — Wood County
Rebecca Waldron
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How this home compares across city, state, and national benchmarks
Listed at $57,900, this 2-bed SingleFamilyResidence in Parkersburg is 49% below the Census median home value of $113,900 for Parkersburg. Compared to 25 other 2-bed homes in Parkersburg (averaging $108,946), this property is 47% below average. West Virginia's median home value is $120,473, putting this listing 52% below the state benchmark. The U.S. national median home value is $334,900.
Where this listing falls among 117 homes for sale
Parkersburg has a population of 29,461 with a median household income of $44,675 and a homeownership rate of 63.6%. The median home value is $113,900 and the median rent is $746/mo.
Sources: U.S. Census Bureau ACS 2023, Fizbo listing data