Corner-Lot Income
127 Forest Street Steubenville, OH 43953
For Sale
$154,900
MULTI_FAMILY - Steubenville, OH
Property Size1,300 SF
Lot Size0.07 Acres
Price / SF$119.15
Days on Market48
Property Features for 127 Forest Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 2, Basement, Bedroom 2
Parking features
On Street
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
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
Asphalt, Fiberglass
Listing Agency:
DeLuca Realty
(740) 264-6989
Listed By:
James W Petrella · License #2006004585
(740) 632-2952
Added: Jun 12
Changed: Jul 17
Last Checked: Jul 29 at 3:06AM
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.
Investment Insights
Based on property information with market context.
This income-producing duplex is situated on a corner lot at 127 Forest Street in Steubenville, Ohio. The property includes approximately 1,300 square feet of living area divided between two units: one two-bedroom, one-bath unit and one one-bedroom, one-bath unit. The lot size is listed at 0.07 acres, and the duplex is available immediately.
The property is described as close to everyday amenities and public transportation. Pittsburgh International Airport is noted as approximately 30 minutes away, and several colleges are cited as within about five minutes, including Franciscan University of Steubenville, Saint Joseph the Worker College, and the Youngstown State University Steubenville branch.
The property is described as close to everyday amenities and public transportation. Pittsburgh International Airport is noted as approximately 30 minutes away, and several colleges are cited as within about five minutes, including Franciscan University of Steubenville, Saint Joseph the Worker College, and the Youngstown State University Steubenville branch.
Key Highlights
- Duplex built in 1926 with approximately 1,300 SF of living space split between two units
- Unit mix: one 2‑bedroom, 1‑bath unit and one 1‑bedroom, 1‑bath unit
- Available immediately
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.7k | $19.80 |
| − Vacancy | −$1.8k | −$1.39 |
| EGI | $23.9k | $18.41 |
| − OpEx | −$10.8k | −$8.29 |
| NOI | $13.2k | $10.13 |
1,300 SF · lease $19.80/SF/yr · vacancy 7.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$214.1K
$187.3K – $249.8K
NOI $14,985 @ 7.0% cap · market cap 9.67%
Second Best
Apartment 5plus
$188.1K
$164.6K – $219.4K
NOI $13,166 @ 7.0% cap · market cap 8.50%
Theoretical Best
Office A
$261.9K
$229.1K – $305.5K
NOI $18,330 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex with a two-bedroom and one-bedroom layout on a corner lot, available immediately for sale.
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: Duplex built in 1926 with approximately 1,300 SF of living space split between two units; Unit mix: one 2‑bedroom, 1‑bath unit and one 1‑bedroom, 1‑bath unit; Available immediately
