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Corner-Lot Duplex
For Sale
$154,900

127 Forest Street, Steubenville, OH 43953

ResidentialIncome, Steubenville, OH

Property Size1,300 SF
Lot Size0.07 Acres
Price / SF$119.15
Days on Market138

Property Features for 127 Forest Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 2
Parking features On Street
Elementary school district Steubenville CSD - 4104
Middle school district Steubenville CSD - 4104
High school district Steubenville CSD - 4104
Directions Sunset Blvd to North Forest Ave. Duplex sits on the corner of N. Forest and Crabbe Blvd
Standard status Active
APN 07-08142-000
Size 1,300 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 21 WAGG & MC ELD 50X50 MAP-07-07C0-02700
Tax Annual Amount 716
Legal Description 21 WAGG & MC ELD 50X50 MAP-07-07C0-02700

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1926
Floors in Building 2
Building materials VinylSiding
Roof type Fiberglass, Asphalt
Listing Agency: DeLuca Realty
Listed By: James W Petrella · License #2006004585
Added: Jun 12 Changed: Sep 12 Last Checked: Oct 27 at 10:06AM
MLS# 5218444

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1926 duplex provides 1,300 square feet of living area across two separate units: one with two bedrooms and one bathroom, and another with one bedroom and one bathroom. The property sits on a 0.07-acre corner lot and features vinyl siding, asphalt and fiberglass roofing, forced-air natural gas heat, public water, public sewer, and on-street parking.

Located in Steubenville, the property is near everyday amenities and public transportation. Franciscan University of Steubenville, Saint Joseph the Worker College, and Youngstown State University's Steubenville branch are approximately five minutes away, while Pittsburgh International Airport is about 30 minutes from the property.

Key Highlights

  • Two‑unit duplex with 1,300 square feet of living space
  • Unit mix includes a 2‑bedroom, 1‑bath unit and a 1‑bedroom, 1‑bath unit
  • 0.07‑acre corner lot at 127 Forest Street, Steubenville, OH 43953

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,166
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,320 $263.3K
Cap Rate 7%
$188,086 $188.1K
Cap Rate 9%
$146,289 $146.3K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$25.7K $19.80/SF
− Vacancy
−$1.8K −$1.39/SF
EGI
$23.9K $18.41/SF
− OpEx
−$10.8K −$8.29/SF
NOI
$13.2K $10.13/SF
Area
Jefferson County, OH
Vacancy
7.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,320
Cap Rate 7%
$188,086
Cap Rate 9%
$146,289

Alternative Uses

Best Use
Multifamily LT 5
$214.1K
$187.3K – $249.8K (±1% cap)
NOI $14,985 @ 7.0% cap · market cap 9.67%
Second Best
Apartment 5plus
$188.1K
$164.6K – $219.4K (±1% cap)
NOI $13,166 @ 7.0% cap · market cap 8.50%
Theoretical Best
Office A
$261.9K
$229.1K – $305.5K (±1% cap)
NOI $18,330 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

317
Businesses Nearby

Demographics for 43953, OH

11,637
Population
5,313
Households
2.2
Avg Household Size
48
Median Age
31%
College-Educated
95%
High-School Grad
18.5 sq mi
ZIP Area
629
Density / Sq Mi
$73,648
Median Household Income
$46,004
Median Earnings
$878
Median Rent
$140,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two rental units offer a flexible residential income configuration near colleges and public transportation.
Where is this duplex located?
The property is located at 127 Forest Street Steubenville, OH.
What is the asking price?
The asking price for this property is $154,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,300 square feet of living space; Unit mix includes a 2‑bedroom, 1‑bath unit and a 1‑bedroom, 1‑bath unit; 0.07‑acre corner lot at 127 Forest Street, Steubenville, OH 43953
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