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Multifamily Rental Portfolio
For Sale
$949,000

243 N 7th Street, Steubenville, OH 43952

Nine residential properties are grouped in downtown Steubenville and along the Virginia Avenue corridor.

Property SizeContact for details
Days on Market112

Property Features for 243 N 7th Street

General Information

Standard status Active
Property subtype Apartment

Property Condition

Severity Repairs Needed
Evidence One unit of the duplex is currently unfinished

Additional Details

Gross Income $80,760
Multifamily Units 11

Taxes and HOA fees

Annual Taxes $2,575

Building Details

Buildings 9
Listing Agency: Life Stages Realty LLC
Listed By: Nicolette Kuebeler · License #2022002552
Source: Lifestagesrealty
Added: Jul 8 Changed: Oct 26 Last Checked: Oct 26 at 2:56PM

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 Life Stages Realty LLC

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Investment Insights

Based on property information with market context.

This Steubenville rental portfolio comprises 11 residential units across 9 properties. Two units are vacant and rent ready, while one unit in a duplex remains unfinished. The properties are concentrated in downtown Steubenville and along the Virginia Avenue corridor.

Local housing demand is associated with Franciscan University, The College of Saint Joseph the Worker, Trinity Health System, and a regional STEM school that is opening nearby.

Key Highlights

  • 11 residential units across 9 properties
  • Two vacant units are described as rent ready
  • One duplex unit remains unfinished

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

11
Residential units

Location Intelligence

Trade Area within ½ mile

765
Businesses Nearby

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
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?
Multifamily property - Nine residential properties are grouped in downtown Steubenville and along the Virginia Avenue corridor.
Where is this multifamily property located?
The property is located at 243 N 7th Street Steubenville, OH.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 11 residential units across 9 properties; Two vacant units are described as rent ready; One duplex unit remains unfinished
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