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11-Unit Multifamily Portfolio
For Sale
$999,000

243 N 7th St, Steubenville, OH 43952

Nine properties include an unfinished duplex unit and two rent-ready vacancies.

Property SizeContact for details
Days on Market31

Property Features for 243 N 7th St

General Information

Standard status Active

Additional Details

Gross Income $80,760
Multifamily Units 11

Taxes and HOA fees

Annual Taxes $2,575
Listing Agency: DeLuca Realty
Listed By: James W Petrella · License #2006004585
Source: Exprealty
Added: Jul 8 Changed: Aug 2 Last Checked: Aug 7 at 10:35AM

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.

This multifamily portfolio comprises 11 residential units distributed among 9 properties in Steubenville, Ohio. The holdings include properties in the downtown area and along the Virginia Avenue corridor, with one duplex unit requiring completion. Two additional units are vacant and described as ready for leasing, giving the portfolio a mix of occupied and unfinished space.

The properties are located near Franciscan University, The College of Saint Joseph the Worker, Trinity Health System, and a regional STEM school scheduled to open nearby. The source information also identifies ongoing downtown revitalization and a forthcoming Opportunity Zone designation in the surrounding area. The portfolio’s concentrated locations and varied unit status provide a combination of existing residential operations and clearly identified physical work remaining.

Key Highlights

  • 11 residential units distributed across 9 properties
  • Properties located in downtown Steubenville and along the Virginia Avenue corridor
  • One duplex unit is unfinished

Property Analytics

Current Use

St Anthony's Head ... High School

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Dental Office Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Residential units

Location Intelligence

Trade Area within ½ mile

272
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Nine properties include an unfinished duplex unit and two rent-ready vacancies.
Where is this multifamily property located?
The property is located at 243 N 7th St Steubenville, OH.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 11 residential units distributed across 9 properties; Properties located in downtown Steubenville and along the Virginia Avenue corridor; One duplex unit is unfinished
More about this property
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