REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,199,000
Est. payment | /mo
0.73 Acres Lot
$ 1,199,000
Est. payment | /mo
0.73 Acres Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Pleasant Heights Improv Compa
MLS Listing ID 5208148
HOA Y/N No
Year Built 1900
Annual Tax Amount $4,022
Tax Year 2025
Lot Size 0.730 Acres
Acres 0.73
Property Sub-Type Apartment
Property Description
This 17-unit residential investment portfolio presents a compelling opportunity for investors seeking stable, income-producing assets with a proven performance track record. Concentrated in the established Lawson Avenue corridor of Steubenville, Ohio, the portfolio spans a cohesive cluster of residential streets including Maxwell Avenue, Union Avenue, Summit Avenue, Cedar Avenue, Lawson Avenue, Plum Street, and Oakmont Avenue
Generating approximately $147,000 in annual gross income.
Tenant demand is underpinned by a powerful mix of regional economic anchors that drive consistent occupancy and long-term income stability. The portfolio benefits from proximity to Franciscan University and The College of Saint Joseph the Worker, generating a reliable base of student and faculty housing demand. A newly established regional STEM school further strengthens the local residential market, while Trinity Hospital System provides a steady stream of healthcare professionals and support staff seeking quality housing in the area. The portfolio is also bolstered by access to major employment opportunities, including a Walmart Distribution Center and surrounding regional employment hubs that attract a diverse and stable workforce.
Together, these demand drivers create a resilient tenant base that supports consistent occupancy across market cycles. Whether you are an experienced investor looking to expand your portfolio or a buyer seeking a market-ready income asset with genuine upside, this 17-unit offering deserves your immediate attention. Opportunities with this level of documented performance, geographic cohesion, and demand diversification are rarely available at this price point.
Generating approximately $147,000 in annual gross income.
Tenant demand is underpinned by a powerful mix of regional economic anchors that drive consistent occupancy and long-term income stability. The portfolio benefits from proximity to Franciscan University and The College of Saint Joseph the Worker, generating a reliable base of student and faculty housing demand. A newly established regional STEM school further strengthens the local residential market, while Trinity Hospital System provides a steady stream of healthcare professionals and support staff seeking quality housing in the area. The portfolio is also bolstered by access to major employment opportunities, including a Walmart Distribution Center and surrounding regional employment hubs that attract a diverse and stable workforce.
Together, these demand drivers create a resilient tenant base that supports consistent occupancy across market cycles. Whether you are an experienced investor looking to expand your portfolio or a buyer seeking a market-ready income asset with genuine upside, this 17-unit offering deserves your immediate attention. Opportunities with this level of documented performance, geographic cohesion, and demand diversification are rarely available at this price point.
Location
State OH
County Jefferson
Interior
Heating Forced Air, Gas
Fireplace No
Schools
School District Steubenville Csd - 4104
Others
Tax ID 07-02806-000
Listed by James W Petrella • DeLuca Realty • petrella11jay@yahoo.com, 740-632-2952
MORTGAGE CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.