481 Dresden Ave · Steubenville, OH 43952

$73,900

3 bd · 1.0 ba · 1,169 sqft · SingleFamily public records · 174 Days on market

Built 1926 4,356 sqft lot $63/sqft · at area comps Est $74k · at est.

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.7/15.0
• Schools +6.0/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this charming 3-bedroom, 1-bath home located in the quaint and friendly Lincoln Heights neighborhood. Perfect for first-time buyers or investors seeking a solid addition to their portfolio, this property offers both comfort and value. Enjoy peace of mind with a newer roof, adding long-term durability and reduced maintenance costs. The home features a beautiful covered porch, ideal for relaxing mornings, evening gatherings, or simply taking in the neighborhood’s quiet atmosphere. An attached garage provides convenient parking and extra storage space. With its functional layout, desirable updates, and inviting curb appeal, this home presents an excellent opportunity in a sought-after area. Don’t miss your chance to make this Lincoln Heights gem your own!

Key facts

• Covered porch
• Attached garage
• Newer roof

Tags

• NEWER ROOF
• COVERED PORCH
• ATTACHED GARAGE
• LINCOLN HEIGHTS NEIGHBORHOOD

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $74k.

Deal economics

• At list price, monthly cash flow is $420 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $74k).
• Recommended offer: $65k (12.0% below list) — sets the bar for market timing.
• Cap rate 13.1% vs local median 5.2% in Steubenville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 76/100 on livability (#214 in OH, #3,318 nationally) — a middle-class / working-renter tenant base. Strengths: schools A+, commute A+, cost of living A+; Watch: amenities F, employment F.
• Steubenville City (urban): math 74% / reading 71% proficiency, ranked #150 of 656 in OH (top 23%) — strong family-tenant draw, lease renewals of 3-5y typical.
• Market conditions: 98 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 2 units permitted in Jefferson County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $511 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Jefferson County population projected at -19% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 174 days — a 12% lower offer ($65k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1926 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $65,032 (12.0% below list)

Questions for the listing agent

1. It's been on market 174 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1926 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.50% ✓
• Cap rate: 13.12%
• Cash-on-cash: 24.37%
• DSCR: 2.08
• GRM: 5.5

CMA / ARV

• ARV (median comp): $74,195
• List price: $73,900
• Delta: -0.40%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
472 Dresden Ave	0.03mi	3/2.0	1,080 (-8%)	7mo	$110,000	$102	76
441 Dresden Ave	0.06mi	2/1.0 (-1)	1,140 (-2%)	15mo	$114,400	$100	76
729 Rosswell Ave	0.41mi	3/1.0	1,156 (-1%)	14mo	$60,000	$52	68
466 Lincoln Blvd	0.04mi	2/1.0 (-1)	1,344 (+15%)	9mo	$39,000	$29	61
316 Henry Ave	0.73mi	3/1.5	1,200 (+3%)	2mo	$115,000	$96	58
301 Mckee St	0.74mi	3/1.0	1,214 (+4%)	1mo	$25,000	$21	58
1113 State St	0.67mi	3/2.0	1,232 (+5%)	1mo	$135,000	$110	55
709 Oakmont Ave	0.39mi	3/1.5	1,336 (+14%)	12mo	$65,000	$49	46
311 Cedar Ave	0.71mi	4/1.5 (+1)	1,090 (-7%)	7mo	$34,250	$31	43
464 Linden Ave	0.56mi	3/1.0	1,296 (+11%)	19mo	$12,000	$9	40
1302 State St	0.60mi	3/1.0	1,344 (+15%)	20mo	$15,000	$11	31

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 17.7%
• Equity multiple: 1.71×
• Total profit: $14,778
• Equity at exit: $11,019

10-year hold

• IRR: 26.1%
• Equity multiple: 3.28×
• Total profit: $47,274
• Equity at exit: $6,390

Cash invested: $20,692 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 73 Landlord-Friendly
• State Ohio: 73 Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

Methodology + full state rankings →

ZIP-level market 43952

• Active inventory: 98
• Price-to-rent: 5.5×

Monthly cashflow live

• Estimated rent: $1,112 medium
• Mortgage (P&I): −$388
• Tax from tax record: −$40 /mo · $476/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$233
• Net cashflow: $420

Break-even live

Break-even rent $580

Max offer price $73,900

Occupancy floor 57%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $18,475
• Closing costs: $2,217
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1646 Ridge Ave Steubenville, OH	3.0	1.0	1220	$700	$0.57	43d	1	1.08mi

Listing history 28 events

1. 2026-06-19
   days on market $73,900 Active 174 DOM
2. 2026-06-18
   days on market $73,900 Active 173 DOM
3. 2026-06-17
   days on market $73,900 Active 172 DOM
4. 2026-06-16
   days on market $73,900 Active 171 DOM
5. 2026-06-15
   days on market $73,900 Active 170 DOM
6. 2026-06-14
   days on market $73,900 Active 168 DOM
7. 2026-06-12
   pricedays on market $73,900 Active 167 DOM
8. 2026-06-09
   days on market $74,900 Active 164 DOM
9. 2026-06-08
   days on market $74,900 Active 163 DOM
10. 2026-06-07
    days on market $74,900 Active 162 DOM
11. 2026-06-05
    days on market $74,900 Active 160 DOM
12. 2026-06-04
    days on market $74,900 Active 158 DOM
13. 2026-06-02
    days on market $74,900 Active 157 DOM
14. 2026-06-01
    days on market $74,900 Active 156 DOM
15. 2026-05-31
    days on market $74,900 Active 155 DOM
16. 2026-05-31
    days on market $74,900 Active 154 DOM
17. 2026-04-29
    status Active 785-char remark

    Show marketing remark (785 chars)

    Welcome to this charming 3-bedroom, 1-bath home located in the quaint and friendly Lincoln Heights neighborhood. Perfect for first-time buyers or investors seeking a solid addition to their portfolio, this property offers both comfort and value. Enjoy peace of mind with a newer roof, adding long-term durability and reduced maintenance costs. The home features a beautiful covered porch, ideal for relaxing mornings, evening gatherings, or simply taking in the neighborhood’s quiet atmosphere. An attached garage provides convenient parking and extra storage space. With its functional layout, desirable updates, and inviting curb appeal, this home presents an excellent opportunity in a sought-after area. Don’t miss your chance to make this Lincoln Heights gem your own!

18. 2026-03-30
    historical Contingent 785-char remark

    Show marketing remark (785 chars)

    Welcome to this charming 3-bedroom, 1-bath home located in the quaint and friendly Lincoln Heights neighborhood. Perfect for first-time buyers or investors seeking a solid addition to their portfolio, this property offers both comfort and value. Enjoy peace of mind with a newer roof, adding long-term durability and reduced maintenance costs. The home features a beautiful covered porch, ideal for relaxing mornings, evening gatherings, or simply taking in the neighborhood’s quiet atmosphere. An attached garage provides convenient parking and extra storage space. With its functional layout, desirable updates, and inviting curb appeal, this home presents an excellent opportunity in a sought-after area. Don’t miss your chance to make this Lincoln Heights gem your own!

19. 2026-02-19
    status Active 785-char remark

    Show marketing remark (785 chars)

    Welcome to this charming 3-bedroom, 1-bath home located in the quaint and friendly Lincoln Heights neighborhood. Perfect for first-time buyers or investors seeking a solid addition to their portfolio, this property offers both comfort and value. Enjoy peace of mind with a newer roof, adding long-term durability and reduced maintenance costs. The home features a beautiful covered porch, ideal for relaxing mornings, evening gatherings, or simply taking in the neighborhood’s quiet atmosphere. An attached garage provides convenient parking and extra storage space. With its functional layout, desirable updates, and inviting curb appeal, this home presents an excellent opportunity in a sought-after area. Don’t miss your chance to make this Lincoln Heights gem your own!

20. 2026-01-17
    status Pending 785-char remark

    Show marketing remark (785 chars)

    Welcome to this charming 3-bedroom, 1-bath home located in the quaint and friendly Lincoln Heights neighborhood. Perfect for first-time buyers or investors seeking a solid addition to their portfolio, this property offers both comfort and value. Enjoy peace of mind with a newer roof, adding long-term durability and reduced maintenance costs. The home features a beautiful covered porch, ideal for relaxing mornings, evening gatherings, or simply taking in the neighborhood’s quiet atmosphere. An attached garage provides convenient parking and extra storage space. With its functional layout, desirable updates, and inviting curb appeal, this home presents an excellent opportunity in a sought-after area. Don’t miss your chance to make this Lincoln Heights gem your own!

21. 2025-11-23
    listed $74,900 Active 785-char remark

    Show marketing remark (785 chars)

    Welcome to this charming 3-bedroom, 1-bath home located in the quaint and friendly Lincoln Heights neighborhood. Perfect for first-time buyers or investors seeking a solid addition to their portfolio, this property offers both comfort and value. Enjoy peace of mind with a newer roof, adding long-term durability and reduced maintenance costs. The home features a beautiful covered porch, ideal for relaxing mornings, evening gatherings, or simply taking in the neighborhood’s quiet atmosphere. An attached garage provides convenient parking and extra storage space. With its functional layout, desirable updates, and inviting curb appeal, this home presents an excellent opportunity in a sought-after area. Don’t miss your chance to make this Lincoln Heights gem your own!

22. 2024-01-10
    soldstatus $65,000
23. 2024-01-05
    soldstatus $65,000 Closed 480-char remark

    Show marketing remark (480 chars)

    Three bedroom, One bath home. Large living room with fire place just off the dining room and kitchen. New lighting throughout the whole home, new electric baseboard heaters. Some newer vinyl windows, new breaker box and new roof. The outside offers a large, covered porch over the attached garage. Block shed with new roof in the fenced-in backyard. Located in a neighborhood with no through access and conveniently located near State Route 7, shopping, banking, schools and more.

24. 2024-01-04
    status Pending 480-char remark

    Show marketing remark (480 chars)

    Three bedroom, One bath home. Large living room with fire place just off the dining room and kitchen. New lighting throughout the whole home, new electric baseboard heaters. Some newer vinyl windows, new breaker box and new roof. The outside offers a large, covered porch over the attached garage. Block shed with new roof in the fenced-in backyard. Located in a neighborhood with no through access and conveniently located near State Route 7, shopping, banking, schools and more.

25. 2023-12-08
    historical Contingent 480-char remark

    Show marketing remark (480 chars)

    Three bedroom, One bath home. Large living room with fire place just off the dining room and kitchen. New lighting throughout the whole home, new electric baseboard heaters. Some newer vinyl windows, new breaker box and new roof. The outside offers a large, covered porch over the attached garage. Block shed with new roof in the fenced-in backyard. Located in a neighborhood with no through access and conveniently located near State Route 7, shopping, banking, schools and more.

26. 2023-11-07
    price $69,900 480-char remark

    Show marketing remark (480 chars)

    Three bedroom, One bath home. Large living room with fire place just off the dining room and kitchen. New lighting throughout the whole home, new electric baseboard heaters. Some newer vinyl windows, new breaker box and new roof. The outside offers a large, covered porch over the attached garage. Block shed with new roof in the fenced-in backyard. Located in a neighborhood with no through access and conveniently located near State Route 7, shopping, banking, schools and more.

27. 2023-09-28
    listed $75,000 Active 480-char remark

    Show marketing remark (480 chars)

    Three bedroom, One bath home. Large living room with fire place just off the dining room and kitchen. New lighting throughout the whole home, new electric baseboard heaters. Some newer vinyl windows, new breaker box and new roof. The outside offers a large, covered porch over the attached garage. Block shed with new roof in the fenced-in backyard. Located in a neighborhood with no through access and conveniently located near State Route 7, shopping, banking, schools and more.

28. 1997-06-04
    soldstatus $34,075

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OH · Partial reset (capped growth)

• Current annual tax: $476 · $40/mo
• Projected year-2 tax: $814 · $68/mo
• Expected delta: +$338/yr (+$28/mo · 71.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥98°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,341
• − Mortgage interest: −$4,140
• − Property taxes: −$476
• − Insurance: −$370
• − Repairs & maintenance: −$1,067
• − Management: −$1,067
• − Depreciation: −$2,150
• Taxable income: $4,072
• Est. tax owed @ 24.0%: −$977
• After-tax cash flow: $4,066/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Steubenville City
• NCES district ID: 3904482
• Math proficiency: 74% ▼ -15.00%
• Reading proficiency: 71% ▼ -11.00%
• Median HH income: $29,668
• Composite: 59.52/100
• National rank: #920
• State rank: #150 of 656 in OH

Livability — Steubenville

• Score: 76/100
• State rank: #214
• US rank: #3318

Category grades

Amenities F Commute A+ Cost of living A+ Crime B- Employment F Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Steubenville, OH
• County: Jefferson County · 17,836 people
• City population: 17,836
• Metro: Weirton-Steubenville, WV-OH
• Population (ZIP): 17,836
• Household income: $47,624
• Rent vs Own: 40.5% rent · 59.5% own
• Severe rent burden: 601.0

Population outlook (Jefferson County) Hauer SSP2

• Today (2025): 63,481 people
• By 2030: 61,067 · -3.8%
• By 2040: 55,860 · -12.0%
• By 2050: 51,236 · -19.3%
• By 2075: 41,804 · -34.1%
• By 2100: 32,344 · -49.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Black 13% Two or more races 6% Hispanic / Latino 4%
• Common ancestry: Romanian 5% Italian 2% Slovak 2%
• Foreign-born: 2% · Canada, China
• Languages at home: 96% English-only · Spanish 2% Other Indo-European 1%

Political lean MEDSL · Jefferson

• 2024 margin: Solid R (+43.9) · D 27.5% · R 71.4% · Other 1.1%
• 2008→2024 swing: -44.1pp toward R · 2008: 0.2pp · 2024: -43.9pp
• All cycles: 2024: R+43.9 2020: R+38.4 2016: R+35.7 2012: R+5.5 2008: D+0.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -124.13%
• Current HPI: 183.5034
• Rent YoY: —
• Metro: Weirton-Steubenville, WV-OH
• State GDP YoY: ▲ 1.98%
• F500 in state: 48

Industry mix (Fortune 500 HQ in OH)

Industry	F500 HQs	Revenue
▸Insurance	3	$145B
▸Industrial Machinery	3	$49B
▸Financial Services	3	$24B
▸Consumer Goods	2	$93B
▸Aerospace / Defense	2	$47B
▸Utilities	2	$33B

Price history

+119.8% since first listed

12 events — show timeline

• 2026-04-29 Relisted — MLSNOW
• 2026-03-30 Contingent — MLSNOW
• 2026-02-19 Relisted — MLSNOW
• 2026-01-17 Pending — MLSNOW
• 2025-11-23 Listed $74,900 MLSNOW
• 2024-01-10 Sold (Public Records) $65,000 Public Records
• 2024-01-05 Sold (MLS) $65,000 MLSNOW
• 2024-01-04 Pending — MLSNOW
• 2023-12-08 Contingent — MLSNOW
• 2023-11-07 Price Changed $69,900 MLSNOW
• 2023-09-28 Listed $75,000 MLSNOW
• 1997-06-04 Sold (Public Records) $34,075 Public Records

Property tax history

-1.4%/yr

Latest (2025): $476 · +1.5% YoY. Source: county tax records.