2354 Chestnut St · Steubenville, OH 43952

$104,900

2 bd · 1.0 ba · 768 sqft · SingleFamily public records · 318 Days on market

Built 1949 10,018 sqft lot $137/sqft · 8% below area Est $114k · 8% under

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Why this score? — see what drove the D+ 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 +14.3/30.0
• ARV discount +11.0/15.0
• Schools +6.0/10.0
• DSCR +4.4/10.0
• Livability +3.8/5.0
• 1% rule +3.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

A delightful 2-bedroom, 2-bathroom home, designed for effortless everyday living. The interior has been freshly painted, offering a crisp, inviting atmosphere ready for you to make it your own. Enjoy peace of mind and long-term value with the property's newer metal roof, providing superior durability and protection. An attached 1-car garage offers direct access through a convenient breezeway, ensuring easy and dry transitions no matter the weather. Strategically located for ultimate convenience, this home is close to all essential amenities and offers easy access to public transportation. Its prime position is further enhanced by being just 30 minutes from Pittsburgh International Airport, making travel a breeze. This property is perfect for those seeking a manageable footprint, or an exceptional addition to a growing investment portfolio, with strong income potential due to its close proximity to Franciscan University, ideal for renting to students or faculty.

Key facts

• Attached garage
• Newer metal roof
• 0.23 acre lot

Tags

• NEWER METAL ROOF
• ATTACHED GARAGE
• CLOSE TO ESSENTIAL AMENITIES

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $-36 ($-434/yr) — negative.
• To cash-flow at today's rent, offer at most $99k (6.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $87k (17.0% below list).
• Recommended offer: $87k (17.0% below list) — sets the bar for 1% rule.
• Cap rate 6.5% vs local median 5.2% in Steubenville — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 76/100 on livability (#214 in OH, #3,318 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing 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.
• Zoned schools: Pugliese Elementary West (math 92% / reading 92%, grade A+, #13 of 1,584 statewide, top 1%, 480 students, 0% FRL); Harding Middle School (math 68% / reading 61%, grade A-, #205 of 654 statewide, top 34%, 752 students, 0% FRL); Steubenville High School (math 72% / reading 77%, grade B+, #69 of 781 statewide, top 10%, 699 students, 0% FRL) — zoned schools average 0% FRL vs 54% district-wide (54 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 103 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 $725 of loan paydown is wiped out by about $3k 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.

Negotiation context

• It's been on market 318 days — a 12% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts 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.
• Current owner paid $30k; list at $105k implies a 250% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo; built in 1949 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $87,062 (17.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 318 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
3. Built in 1949 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. 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.
10. 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.
11. 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: 0.83% ✗
• Cap rate: 6.51%
• Cash-on-cash: 0.79%
• DSCR: 1.04
• GRM: 10.0

CMA / ARV

• ARV (median comp): $113,865
• List price: $104,900
• Delta: -7.87%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2610 Cherry Ave	0.36mi	2/2.0	864 (+12%)	0mo	$200,000	$231	58
626 Oxford Blvd	0.54mi	2/1.0	864 (+12%)	11mo	$112,000	$130	45

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: -18.7%
• Equity multiple: 0.34×
• Total profit: $-19,292
• Equity at exit: $15,641

10-year hold

• IRR: -11.2%
• Equity multiple: 0.33×
• Total profit: $-19,717
• Equity at exit: $9,070

Cash invested: $29,372 (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: 103
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $871 medium
• Mortgage (P&I): −$550
• Tax from tax record: −$75 /mo · $896/yr
• Insurance: −$44
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$183
• Net cashflow: $-36

Break-even live

Break-even rent $916

Max offer price $98,504

Occupancy floor 99%

Sensitivity live

Price	-10% $23	-5% $-7	+0% $-36	+5% $-66	+10% $-96
Rent	-10% $-105	-5% $-71	+0% $-36	+5% $-2	+10% $33
Rate	-1.0pp $17	-0.5pp $-10	base $-36	+0.5pp $-63	+1.0pp $-91

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: $26,225
• Closing costs: $3,147
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3010 Johnson Rd Steubenville, OH	1.0	1.0	554	$782	$1.41	16d	2	0.69mi

Listing history 25 events

1. 2026-06-22
   days on market $104,900 Active 318 DOM
2. 2026-06-19
   days on market $104,900 Active 315 DOM
3. 2026-06-18
   days on market $104,900 Active 314 DOM
4. 2026-06-17
   days on market $104,900 Active 313 DOM
5. 2026-06-16
   days on market $104,900 Active 312 DOM
6. 2026-06-15
   days on market $104,900 Active 311 DOM
7. 2026-06-14
   days on market $104,900 Active 309 DOM
8. 2026-06-12
   days on market $104,900 Active 308 DOM
9. 2026-06-09
   days on market $104,900 Active 305 DOM
10. 2026-06-08
    days on market $104,900 Active 304 DOM
11. 2026-06-07
    days on market $104,900 Active 303 DOM
12. 2026-06-05
    days on market $104,900 Active 301 DOM
13. 2026-06-04
    days on market $104,900 Active 299 DOM
14. 2026-06-02
    days on market $104,900 Active 298 DOM
15. 2026-06-01
    days on market $104,900 Active 297 DOM
16. 2026-05-31
    days on market $104,900 Active 296 DOM
17. 2026-05-31
    days on market $104,900 Active 295 DOM
18. 2026-02-25
    status Active 975-char remark

    Show marketing remark (975 chars)

    A delightful 2-bedroom, 2-bathroom home, designed for effortless everyday living. The interior has been freshly painted, offering a crisp, inviting atmosphere ready for you to make it your own. Enjoy peace of mind and long-term value with the property's newer metal roof, providing superior durability and protection. An attached 1-car garage offers direct access through a convenient breezeway, ensuring easy and dry transitions no matter the weather. Strategically located for ultimate convenience, this home is close to all essential amenities and offers easy access to public transportation. Its prime position is further enhanced by being just 30 minutes from Pittsburgh International Airport, making travel a breeze. This property is perfect for those seeking a manageable footprint, or an exceptional addition to a growing investment portfolio, with strong income potential due to its close proximity to Franciscan University, ideal for renting to students or faculty.

19. 2026-02-12
    historical Contingent 975-char remark

    Show marketing remark (975 chars)

    A delightful 2-bedroom, 2-bathroom home, designed for effortless everyday living. The interior has been freshly painted, offering a crisp, inviting atmosphere ready for you to make it your own. Enjoy peace of mind and long-term value with the property's newer metal roof, providing superior durability and protection. An attached 1-car garage offers direct access through a convenient breezeway, ensuring easy and dry transitions no matter the weather. Strategically located for ultimate convenience, this home is close to all essential amenities and offers easy access to public transportation. Its prime position is further enhanced by being just 30 minutes from Pittsburgh International Airport, making travel a breeze. This property is perfect for those seeking a manageable footprint, or an exceptional addition to a growing investment portfolio, with strong income potential due to its close proximity to Franciscan University, ideal for renting to students or faculty.

20. 2025-09-29
    price $104,900 975-char remark

    Show marketing remark (975 chars)

    A delightful 2-bedroom, 2-bathroom home, designed for effortless everyday living. The interior has been freshly painted, offering a crisp, inviting atmosphere ready for you to make it your own. Enjoy peace of mind and long-term value with the property's newer metal roof, providing superior durability and protection. An attached 1-car garage offers direct access through a convenient breezeway, ensuring easy and dry transitions no matter the weather. Strategically located for ultimate convenience, this home is close to all essential amenities and offers easy access to public transportation. Its prime position is further enhanced by being just 30 minutes from Pittsburgh International Airport, making travel a breeze. This property is perfect for those seeking a manageable footprint, or an exceptional addition to a growing investment portfolio, with strong income potential due to its close proximity to Franciscan University, ideal for renting to students or faculty.

21. 2025-09-08
    status Active 975-char remark

    Show marketing remark (975 chars)

    A delightful 2-bedroom, 2-bathroom home, designed for effortless everyday living. The interior has been freshly painted, offering a crisp, inviting atmosphere ready for you to make it your own. Enjoy peace of mind and long-term value with the property's newer metal roof, providing superior durability and protection. An attached 1-car garage offers direct access through a convenient breezeway, ensuring easy and dry transitions no matter the weather. Strategically located for ultimate convenience, this home is close to all essential amenities and offers easy access to public transportation. Its prime position is further enhanced by being just 30 minutes from Pittsburgh International Airport, making travel a breeze. This property is perfect for those seeking a manageable footprint, or an exceptional addition to a growing investment portfolio, with strong income potential due to its close proximity to Franciscan University, ideal for renting to students or faculty.

22. 2025-08-28
    historical Contingent 975-char remark

    Show marketing remark (975 chars)

    A delightful 2-bedroom, 2-bathroom home, designed for effortless everyday living. The interior has been freshly painted, offering a crisp, inviting atmosphere ready for you to make it your own. Enjoy peace of mind and long-term value with the property's newer metal roof, providing superior durability and protection. An attached 1-car garage offers direct access through a convenient breezeway, ensuring easy and dry transitions no matter the weather. Strategically located for ultimate convenience, this home is close to all essential amenities and offers easy access to public transportation. Its prime position is further enhanced by being just 30 minutes from Pittsburgh International Airport, making travel a breeze. This property is perfect for those seeking a manageable footprint, or an exceptional addition to a growing investment portfolio, with strong income potential due to its close proximity to Franciscan University, ideal for renting to students or faculty.

23. 2025-08-08
    listed $109,900 Active 975-char remark

    Show marketing remark (975 chars)

    A delightful 2-bedroom, 2-bathroom home, designed for effortless everyday living. The interior has been freshly painted, offering a crisp, inviting atmosphere ready for you to make it your own. Enjoy peace of mind and long-term value with the property's newer metal roof, providing superior durability and protection. An attached 1-car garage offers direct access through a convenient breezeway, ensuring easy and dry transitions no matter the weather. Strategically located for ultimate convenience, this home is close to all essential amenities and offers easy access to public transportation. Its prime position is further enhanced by being just 30 minutes from Pittsburgh International Airport, making travel a breeze. This property is perfect for those seeking a manageable footprint, or an exceptional addition to a growing investment portfolio, with strong income potential due to its close proximity to Franciscan University, ideal for renting to students or faculty.

24. 1996-05-16
    soldstatus $30,000
25. 1990-11-07
    soldstatus $23,000

ⓘ 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: $896 · $75/mo
• Projected year-2 tax: $1,266 · $106/mo
• Expected delta: +$370/yr (+$31/mo · 41.4%)

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

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone X (unshaded) · 97% 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: $10,447
• − Mortgage interest: −$5,876
• − Property taxes: −$896
• − Insurance: −$1,191
• − Repairs & maintenance: −$836
• − Management: −$836
• − Depreciation: −$3,052
• Taxable loss: −$2,238
• Est. tax savings @ 24.0%: +$537
• After-tax cash flow: $103/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

+356.1% since first listed

8 events — show timeline

• 2026-02-25 Relisted — MLSNOW
• 2026-02-12 Contingent — MLSNOW
• 2025-09-29 Price Changed $104,900 MLSNOW
• 2025-09-08 Relisted — MLSNOW
• 2025-08-28 Contingent — MLSNOW
• 2025-08-08 Listed $109,900 MLSNOW
• 1996-05-16 Sold (Public Records) $30,000 Public Records
• 1990-11-07 Sold (Public Records) $23,000 Public Records

Property tax history

+4.1%/yr

Latest (2025): $896 · +1.5% YoY. Source: county tax records.