223 Ohio St · Steubenville, OH 43952

$29,900

3 bd · 2.0 ba · 1,493 sqft · SingleFamily public records · 18 Days on market

3,920 sqft lot

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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 +7.5/15.0
• 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

Investment opportunity near Franciscan University, highway access and all else Steubenville has to offer! Schedule a tour now!

Key facts

• Convenient location
• Easy highway access
• 3,920 sq ft lot

Tags

• CONVENIENT LOCATION
• EASY HIGHWAY ACCESS

Property features AI

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer
• Home design: 2 stories; Aluminum siding and brick exterior
• Construction: Built per public records; Asphalt/fiberglass roof
• Exterior features: Public water; Public sewer

Interior

• Bedrooms: 6 total rooms (bedroom count not specified)
• Bathrooms: 2 full bathrooms; 1 main-level bathroom
• Heating & cooling: Forced air heating; Gas heating
• Interior features: Unfinished basement

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $30k.

Deal economics

• At list price, monthly cash flow is $708 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $30k).
• Recommended offer: $29k (1.5% below list) — sets the bar for market timing.
• Cap rate 34.7% 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 $207 of loan paydown is wiped out by about $897 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 $8k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 18 days — a 2% lower offer ($29k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 4y 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.
• Current owner paid $21k; 42% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $29,451 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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.
4. 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.
5. 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: 3.85% ✓
• Cap rate: 34.72%
• Cash-on-cash: 101.53%
• DSCR: 5.52
• GRM: 2.2

CMA / ARV

• ARV (on-the-fly): $131,384
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1312 Wellesley Ave	0.36mi	3/2.0	1,470 (-2%)	5mo	$31,000	$21	77
1318 Pennsylvania Ave	0.26mi	3/1.0	1,512 (+1%)	10mo	$10,000	$7	73
1810 Mary Ave	0.31mi	3/1.0	1,538 (+3%)	7mo	$136,000	$88	71
1855 Plum St	0.31mi	4/2.0 (+1)	1,468 (-2%)	9mo	$125,000	$85	70
305 Murphy Ave	0.31mi	3/1.5	1,428 (-4%)	8mo	$130,000	$91	70
1222 Oregon Ave	0.37mi	3/1.0	1,424 (-5%)	3mo	$12,500	$9	69
1952 Mccauslen Mnr	0.23mi	3/2.0	1,308 (-12%)	0mo	$255,000	$195	68
2012 Fairmont Ave	0.55mi	3/1.0	1,408 (-6%)	1mo	$142,500	$101	60
1219 Oregon Ave	0.39mi	3/1.0	1,364 (-9%)	6mo	$120,500	$88	58
1510 Pennsylvania Ave	0.20mi	3/1.0	1,281 (-14%)	8mo	$50,500	$39	56
1816 Norton Pl	0.49mi	3/2.5	1,664 (+12%)	6mo	$287,000	$172	51
507 Highland Ave	0.61mi	2/1.0 (-1)	1,304 (-13%)	1mo	$23,000	$18	40

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: —
• Equity multiple: 5.81×
• Total profit: $40,282
• Equity at exit: $4,458

10-year hold

• IRR: —
• Equity multiple: 12.13×
• Total profit: $93,222
• Equity at exit: $2,585

Cash invested: $8,372 (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: 98
• Price-to-rent: 2.2×

Monthly cashflow live

• Estimated rent: $1,150 medium
• Mortgage (P&I): −$157
• Tax from tax record: −$31 /mo · $373/yr
• Insurance: −$12
• HOA: −$0
• Vacancy / Maint / Mgmt: −$242
• Net cashflow: $708

Break-even live

Break-even rent $254

Max offer price $29,900

Occupancy floor 33%

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: $7,475
• Closing costs: $897
• 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	44d	1	0.14mi

Listing history 14 events

1. 2026-06-19
   days on market $29,900 Active 18 DOM
2. 2026-06-18
   days on market $29,900 Active 17 DOM
3. 2026-06-17
   days on market $29,900 Active 16 DOM
4. 2026-06-16
   days on market $29,900 Active 15 DOM
5. 2026-06-15
   days on market $29,900 Active 14 DOM
6. 2026-06-14
   days on market $29,900 Active 12 DOM
7. 2026-06-12
   days on market $29,900 Active 11 DOM
8. 2026-06-09
   days on market $29,900 Active 8 DOM
9. 2026-06-08
   days on market $29,900 Active 7 DOM
10. 2026-06-07
    days on market $29,900 Active 6 DOM
11. 2026-06-05
    days on market $29,900 Active 4 DOM
12. 2026-06-04
    days on market $29,900 Active 2 DOM
13. 2026-06-01
    remarks 118-char remark
14. 2026-06-01
    listed $29,900 Active 1 DOM

ⓘ 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: $373 · $31/mo
• Projected year-2 tax: $420 · $35/mo
• Expected delta: +$47/yr (+$4/mo · 12.5%)

ⓘ 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 ≥97°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: $13,803
• − Mortgage interest: −$1,675
• − Property taxes: −$373
• − Insurance: −$150
• − Repairs & maintenance: −$1,104
• − Management: −$1,104
• − Depreciation: −$870
• Taxable income: $8,527
• Est. tax owed @ 24.0%: −$2,046
• After-tax cash flow: $6,453/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

+139.2% since first listed

21 events — show timeline

• 2026-05-29 Listed $29,900 MLSNOW
• 2025-06-06 Pending — MLSNOW
• 2025-05-28 Sold (MLS) $21,000 MLSNOW
• 2025-05-13 Contingent — MLSNOW
• 2025-04-29 Price Changed $22,500 MLSNOW
• 2025-04-23 Relisted — MLSNOW
• 2025-03-28 Contingent — MLSNOW
• 2025-03-08 Listed $23,000 MLSNOW
• 2024-06-22 Listing Removed — MLSNOW
• 2024-04-02 Contingent — MLSNOW
• 2024-03-07 Price Changed $19,900 MLSNOW
• 2024-02-26 Price Changed $22,000 MLSNOW
• 2024-02-14 Relisted — MLSNOW
• 2024-01-09 Contingent — MLSNOW
• 2023-12-22 Listed $23,000 MLSNOW
• 2023-05-25 Listing Removed — MLSNOW
• 2023-03-31 Price Changed $25,000 MLSNOW
• 2023-02-08 Price Changed $38,500 MLSNOW
• 2022-11-11 Listed $39,000 MLSNOW
• 2021-07-20 Sold (Public Records) $310,000 Public Records
• 1991-01-22 Sold (Public Records) $12,500 Public Records

Property tax history

-1.0%/yr

Latest (2025): $373 · +1.5% YoY. Source: county tax records.