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    1105 State St Steubenville, OH 43952

    Sponsored
    For Sale
    $67,000

    Ohio Duplex, 2 Units, $67k

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This charming two-unit apartment building located at 1105 State Street in Steubenville, Ohio, presents a compelling investment opportunity. Built in 1920, this property sits on a sizable 5,227.2 square foot lot and offers a unique blend of potential and immediate income generation. Each of the two units boasts two bedrooms and one bathroom, providing comfortable living spaces for tenants. The asking price is $67,000, translating to a price per square foot of $30.86. The property is being sold "as is," offering buyers the chance to complete renovations and capitalize on the potential for increased rental income or a quick flip. This presents multiple exit strategies for savvy investors. The property's location in Steubenville, Jefferson County, Ohio (zip code 43952) offers convenient access to local amenities and services. The property's age and current condition suggest a significant opportunity for value enhancement through renovations and upgrades. This is an ideal opportunity for investors seeking a hands-on project with substantial upside potential. The property's size and layout provide flexibility for various renovation and occupancy strategies. Serious inquiries are encouraged to explore this promising investment.

    Property Features for 1105 State St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1920
    Units
    2

    HighLights

    • Charming 2‑unit apartment building in Steubenville, OH.
    • Situated on a 5,227.2 sq ft lot.
    • Each unit features 2 bedrooms and 1 bathroom.
    • Asking price: $67,000 ($30.86/sq ft).
    • Sold "as is," offering renovation potential and multiple exit strategies.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Steubenville
    County
    Jefferson
    State
    Ohio
    Longitude
    -80.6247326
    Latitude
    40.3614268

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    FAQs

    What type of property is this?
    Multifamily property - Ohio Duplex, 2 Units, $67k
    Where is this multifamily property located?
    The property is located at 1105 State St Steubenville, OH.
    What is the asking price?
    The asking price for this property is $67,000.
    What are key features of this property?
    This property features: Charming 2-unit apartment building in Steubenville, OH.; Situated on a 5,227.2 sq ft lot.; Each unit features 2 bedrooms and 1 bathroom.
    Request Owner's contact information
    1105 State St Steubenville, OH 43952
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    Steubenville, OH 43952
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1105 State St Steubenville, OH 43952
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