USAOHSteubenvillePleasant Heights Improv Compa1525 Plum St

New

$1,199,000

For Sale

4 days ago

1525 Plum St, Steubenville, OH

Name: 1525 Plum St, For Sale in Steubenville - eXp Realty
Brand: DeLuca Realty
SKU: 5208148
Price: 1199000 USD

Condo

MLS® 5208148

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type Apartment

Levels Commercial Sale

Size -

Garage

HOA Fees

Taxes $4,022

Days Active 4

Approx. Age 1900

MLS® Number 5208148

Property Address: 1525 Plum St, Steubenville, OH, 43952-2682

Average square foot calculated using Size range provided by listing agent.

Description

This 15-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 and $90, 000 or more in net operating income based on actual 2025 trailing twelve-month performance, the portfolio delivers an in-place cap rate of approximately 7.5% to 7.8% — a strong return profile in today's market. 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 15-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.

MLS® Number5208148

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

Garage

Approx. Age1900

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 8, 2026List Date

$1,199,000List Price

Commute

Commute

Starting Address

Destination Address

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