3 Bedroom c.1900 West Virginia Home W/ Natural Light $45K
OHU50K Notes $45,000
3 Bedroom c.1900 West Virginia Home W/ Natural Light. Nice old home in a good location. High ceilings and updates.

Realtor Comments
Looking for an investment property or a fixer upper to make your own? Check out this 3BR/1.5BA home with loads of potential. Beautiful bay windows, hardwood trim & doors. Updated roof & electrical. Some siding has been replaced & remaining new siding materials convey, along with all appliances. Cash or renovation loan only. Be sure to take the virtual tour, explore the floor plan & check out the virtual staging to spark your imagination! See agent remarks.
- 3 beds
- 1.5 baths
- 1,849 sqft
- Build date 1900

If interested in a property, pleases contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
234 Thayer St, Grafton, WV 26354 $45,000
- Contact Realtor:
- Google Map
- Niche

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Pros
- Extremely affordable housing. This is probably Grafton’s biggest advantage. A median owner-occupied home value of roughly $75K is exceptionally low by U.S. standards. Niche gives Grafton an A- for housing and an A+ for cost of living.
- Beautiful Appalachian setting. Grafton sits in the Tygart Valley, with hills, forests, rivers and Tygart Lake State Park nearby. The lake offers boating, fishing, camping, hiking and swimming.
- Great for people who enjoy the outdoors. For such a small city, there’s quite a bit of recreation nearby. Tygart Lake is a particularly strong asset.
- Interesting history. Grafton has a legitimate historical identity rather than being just another small Appalachian town. It’s home to the International Mother’s Day Shrine and two national cemeteries. Its historic Main Street also hosts community events.
- Small-town community feel. If you like knowing your neighbors and having locally owned businesses, Grafton has that atmosphere.
- Basic necessities are available. You aren’t completely isolated: there’s a hospital, schools, restaurants, grocery stores, and a Walmart. The city itself describes the community as having restaurants, coffee shops, family activities, a library, healthcare and dental/eye-care services.
- Some surprisingly good local food. You have classic small-town places such as Leonard’s Grill and Gourmet Express, plus several pizza/diner options.
- Crime isn’t necessarily as bad as the town’s economic problems might suggest. Niche currently gives Grafton an A- for crime & safety, although I’d still investigate individual neighborhoods before buying.
- Good location for accessing larger cities. Grafton is about 25 miles from I-79, giving you reasonable access to the Clarksburg/Fairmont/Morgantown corridor.
Cons
- Poverty is the biggest red flag. About 25% of residents are below the poverty line, and median household income is only around $40K. That’s a substantial economic disadvantage.
- Limited high-paying jobs. There are jobs in healthcare, retail, education, government and other local industries, but the employment market is nowhere near what you’d find around Morgantown or a larger metro.
- The town has experienced economic decline. A city planning document specifically identifies the loss of manufacturing jobs, declining revenues, infrastructure costs, blight, housing problems and weaker business development as major challenges.
- Schools aren’t a major selling point. Niche gives public schools an overall C, so families should look closely at the specific schools and compare them with alternatives in nearby communities.
- Very small-town entertainment scene. There are restaurants, community events and outdoor activities, but don’t expect much nightlife, shopping or cultural entertainment.
- You’ll want a car. Grafton isn’t designed around walking or public transportation, particularly if you need to commute outside town.
- Older housing stock can be a mixed blessing. Cheap houses are attractive, but some inexpensive properties can come with significant repair, foundation, plumbing, electrical or roof issues. You’d want a very thorough inspection before buying.
- Infrastructure and blight are legitimate concerns. The city’s own planning documents identify infrastructure costs, deteriorating properties and substandard housing as ongoing problems.
- Demographically, it’s not very diverse. Recent data shows roughly 95% of residents are White, with relatively little racial/ethnic diversity.
- Population is small and somewhat stagnant. At around 4,600 people, you’re dealing with a very limited local market for specialized services and employment.

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