17-Unit Residential Investment
For Sale
$1,199,000
1525 Plum St, Steubenville, OH 43952
A concentrated 17-unit multifamily portfolio generating approximately $147,000 in annual gross income.
Property SizeContact for details
Days on Market96
Property Features for 1525 Plum St
General Information
Standard status
Active
Additional Details
Business Included
Yes
Multifamily Units
17
Taxes and HOA fees
Annual Taxes
$4,022
Listing Agency:
DeLuca Realty
(740) 632-2952
Listed By:
James W Petrella · License #2006004585
(740) 632-2952
Source:
Exprealty
Added: May 8
Changed: Aug 8
Last Checked: Aug 11 at 11:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DeLuca Realty
Investment Insights
Based on property information with market context.
The offering is a 17-unit residential investment portfolio comprising income-producing apartments. The portfolio is presented as a cohesive cluster of residential streets concentrated in the Lawson Avenue corridor area, with units located along Maxwell Avenue, Union Avenue, Summit Avenue, Cedar Avenue, Lawson Avenue, Plum Street, and Oakmont Avenue.
According to the provided remarks, the portfolio’s tenant demand is supported by nearby education and employment drivers, including proximity to Franciscan University and The College of Saint Joseph the Worker. The remarks also cite a newly established regional STEM school and Trinity Hospital System as additional sources of housing demand. The portfolio additionally benefits from access to major employment opportunities, including a Walmart Distribution Center and surrounding regional employment hubs.
For investors or buyers seeking a market-ready, consolidated multifamily package, this 17-unit configuration provides a single-portfolio structure centered on a defined geographic cluster. The income-producing nature of the asset is reflected in approximately $147,000 in annual gross income, and the mix of education, healthcare, and employment-related demand drivers referenced in the materials may be attractive to operators looking for a diversified tenant base.
According to the provided remarks, the portfolio’s tenant demand is supported by nearby education and employment drivers, including proximity to Franciscan University and The College of Saint Joseph the Worker. The remarks also cite a newly established regional STEM school and Trinity Hospital System as additional sources of housing demand. The portfolio additionally benefits from access to major employment opportunities, including a Walmart Distribution Center and surrounding regional employment hubs.
For investors or buyers seeking a market-ready, consolidated multifamily package, this 17-unit configuration provides a single-portfolio structure centered on a defined geographic cluster. The income-producing nature of the asset is reflected in approximately $147,000 in annual gross income, and the mix of education, healthcare, and employment-related demand drivers referenced in the materials may be attractive to operators looking for a diversified tenant base.
Key Highlights
- 17‑unit residential multifamily investment portfolio
- Approximately $147,000 in annual gross income
- Concentrated on a cohesive cluster of streets on the Lawson Avenue corridor in Steubenville, OH (Maxwell Ave, Union Ave, Summit Ave, Cedar Ave, Lawson Ave, Plum St, Oakmont Ave)
Property Analytics
Property Profile
Current Use
Lease Details
17
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
529
Businesses Nearby
Explore this area
Business Placement
Demographics for 43952, OH
17,977
Population
8,613
Households
2.1
Avg Household Size
38
Median Age
25%
College-Educated
91%
High-School Grad
25.7 sq mi
ZIP Area
699
Density / Sq Mi
$46,591
Median Household Income
$27,002
Median Earnings
$751
Median Rent
$122,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - A concentrated 17-unit multifamily portfolio generating approximately $147,000 in annual gross income.
Where is this apartment building located?
The property is located at 1525 Plum St Steubenville, OH.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 17‑unit residential multifamily investment portfolio; Approximately $147,000 in annual gross income; Concentrated on a cohesive cluster of streets on the Lawson Avenue corridor in Steubenville, OH (Maxwell Ave, Union Ave, Summit Ave, Cedar Ave, Lawson Ave, Plum St, Oakmont Ave)
