1117 State St · Steubenville, OH 43952

$69,900

5 bd · 1.5 ba · 2,048 sqft · SingleFamily public records · 92 Days on market

Built 1905 6,098 sqft lot $34/sqft · 30% below area Est $88k · 20% under

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• 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 The State Street Classic, a spacious and character-filled two-story home offering over 1,805 square feet of living space in Jefferson County. Featuring five bedrooms and one full bathroom, this home delivers both size and timeless charm. From the moment you enter, you're greeted by beautiful natural wood accents and a classic staircase that sets the tone for the home’s warm and inviting feel. The layout offers generously sized rooms throughout, including a living room with double-door access, a raised family room with an arched window, and a tile dining room highlighted by a bay window and additional double doors—perfect for hosting and everyday living. The arched walkways and architectural details add character you simply can’t replicate, while the spacious kitchen provides ample cabinet storage and functionality for meal preparation and gatherings. Upstairs, the five bedrooms offer flexibility for family, guests, or home office space. The full basement provides additional storage, while the fenced-in backyard creates a private outdoor space to relax, entertain, or enjoy quiet evenings. With its size, layout, and timeless design, The State Street Classic presents a unique opportunity to own a home full of charm and potential in the heart of Steubenville. Living at 1117 State Street places you near some of Steubenville’s most notable attractions and conveniences: • Franciscan University of Steubenville – a nationally recognized university with events and community activities • Historic Downtown Steubenville – local dining, shops, and cultural attractions • Steubenville Marina & Ohio Riverfront – scenic views, boating, and recreation • Beatty Park – trails, playgrounds, and outdoor activities • Steubenville Nutcracker Village & Advent Market – a popular seasonal destination • Easy access to US-22 for travel to Pittsburgh and surrounding areas

Key facts

• Arched walkways
• Classic staircase
• Arched window

Tags

• NATURAL WOOD ACCENTS
• CLASSIC STAIRCASE
• ARCHED WINDOW
• TILE DINING ROOM
• BAY WINDOW
• ARCHED WALKWAYS

What this means for you Summary

Snapshot

• This is a 5-bed/1.5-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $730 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Recommended offer: $64k (9.0% below list) — sets the bar for market timing.
• Cap rate 18.8% 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; 2 units permitted in Jefferson County in 2024 (0 in 5+ unit buildings).
• This rent runs 37% of the median local income ($48k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $483 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 $20k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 92 days — a 9% lower offer ($64k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 21y ago; this cycle's ask has dropped $15k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $50k; 40% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1905 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $63,609 (9.0% below list)

Questions for the listing agent

1. It's been on market 92 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1905 — 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: 2.10% ✓
• Cap rate: 18.82%
• Cash-on-cash: 44.74%
• DSCR: 2.99
• GRM: 4.0

CMA / ARV

• ARV (median comp): $87,541
• List price: $69,900
• Delta: -20.15%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2065 Eve Dr	0.41mi	4/2.0 (-1)	1,988 (-3%)	22mo	$225,000	$113	50
1144 Oregon Ave	0.57mi	4/1.5 (-1)	1,789 (-13%)	11mo	$145,000	$81	38
239 S 5th St	0.46mi	5/2.0	2,289 (+12%)	23mo	$17,000	$7	38
1148 Wellesley Ave Ave	0.62mi	4/2.0 (-1)	2,176 (+6%)	22mo	$165,000	$76	35

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: 41.8%
• Equity multiple: 2.80×
• Total profit: $35,135
• Equity at exit: $10,422

10-year hold

• IRR: 47.9%
• Equity multiple: 5.62×
• Total profit: $90,398
• Equity at exit: $6,044

Cash invested: $19,572 (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: 4.0×

Monthly cashflow live

• Estimated rent: $1,471 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$37 /mo · $444/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$309
• Net cashflow: $730

Break-even live

Break-even rent $548

Max offer price $69,900

Occupancy floor 45%

Sensitivity live

Price	-10% $769	-5% $749	+0% $730	+5% $710	+10% $690
Rent	-10% $613	-5% $672	+0% $730	+5% $788	+10% $846
Rate	-1.0pp $765	-0.5pp $747	base $730	+0.5pp $712	+1.0pp $693

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: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Listing history 31 events

1. 2026-06-19
   days on market $69,900 Active 92 DOM
2. 2026-06-18
   days on market $69,900 Active 91 DOM
3. 2026-06-17
   days on market $69,900 Active 90 DOM
4. 2026-06-16
   days on market $69,900 Active 89 DOM
5. 2026-06-15
   days on market $69,900 Active 88 DOM
6. 2026-06-14
   days on market $69,900 Active 86 DOM
7. 2026-06-12
   days on market $69,900 Active 85 DOM
8. 2026-06-09
   days on market $69,900 Active 82 DOM
9. 2026-06-09
   price $69,900 Active 81 DOM
10. 2026-06-08
    days on market $72,500 Active 81 DOM
11. 2026-06-07
    days on market $72,500 Active 80 DOM
12. 2026-06-05
    days on market $72,500 Active 78 DOM
13. 2026-06-04
    days on market $72,500 Active 76 DOM
14. 2026-06-02
    days on market $72,500 Active 75 DOM
15. 2026-06-01
    days on market $72,500 Active 74 DOM
16. 2026-05-31
    days on market $72,500 Active 73 DOM
17. 2026-05-31
    days on market $72,500 Active 72 DOM
18. 2026-05-06
    price $72,500 1986-char remark

    Show marketing remark (1986 chars)

    Welcome to The State Street Classic, a spacious and character-filled two-story home offering over 1,805 square feet of living space in Jefferson County. Featuring five bedrooms and one full bathroom, this home delivers both size and timeless charm. From the moment you enter, you're greeted by beautiful natural wood accents and a classic staircase that sets the tone for the home’s warm and inviting feel. The layout offers generously sized rooms throughout, including a living room with double-door access, a raised family room with an arched window, and a tile dining room highlighted by a bay window and additional double doors—perfect for hosting and everyday living. The arched walkways and architectural details add character you simply can’t replicate, while the spacious kitchen provides ample cabinet storage and functionality for meal preparation and gatherings. Upstairs, the five bedrooms offer flexibility for family, guests, or home office space. The full basement provides additional storage, while the fenced-in backyard creates a private outdoor space to relax, entertain, or enjoy quiet evenings. With its size, layout, and timeless design, The State Street Classic presents a unique opportunity to own a home full of charm and potential in the heart of Steubenville. Living at 1117 State Street places you near some of Steubenville’s most notable attractions and conveniences: • Franciscan University of Steubenville – a nationally recognized university with events and community activities • Historic Downtown Steubenville – local dining, shops, and cultural attractions • Steubenville Marina & Ohio Riverfront – scenic views, boating, and recreation • Beatty Park – trails, playgrounds, and outdoor activities • Steubenville Nutcracker Village & Advent Market – a popular seasonal destination • Easy access to US-22 for travel to Pittsburgh and surrounding areas

19. 2026-04-08
    price $75,000 1986-char remark

    Show marketing remark (1986 chars)

    Welcome to The State Street Classic, a spacious and character-filled two-story home offering over 1,805 square feet of living space in Jefferson County. Featuring five bedrooms and one full bathroom, this home delivers both size and timeless charm. From the moment you enter, you're greeted by beautiful natural wood accents and a classic staircase that sets the tone for the home’s warm and inviting feel. The layout offers generously sized rooms throughout, including a living room with double-door access, a raised family room with an arched window, and a tile dining room highlighted by a bay window and additional double doors—perfect for hosting and everyday living. The arched walkways and architectural details add character you simply can’t replicate, while the spacious kitchen provides ample cabinet storage and functionality for meal preparation and gatherings. Upstairs, the five bedrooms offer flexibility for family, guests, or home office space. The full basement provides additional storage, while the fenced-in backyard creates a private outdoor space to relax, entertain, or enjoy quiet evenings. With its size, layout, and timeless design, The State Street Classic presents a unique opportunity to own a home full of charm and potential in the heart of Steubenville. Living at 1117 State Street places you near some of Steubenville’s most notable attractions and conveniences: • Franciscan University of Steubenville – a nationally recognized university with events and community activities • Historic Downtown Steubenville – local dining, shops, and cultural attractions • Steubenville Marina & Ohio Riverfront – scenic views, boating, and recreation • Beatty Park – trails, playgrounds, and outdoor activities • Steubenville Nutcracker Village & Advent Market – a popular seasonal destination • Easy access to US-22 for travel to Pittsburgh and surrounding areas

20. 2026-04-02
    price $80,000 1986-char remark

    Show marketing remark (1986 chars)

    Welcome to The State Street Classic, a spacious and character-filled two-story home offering over 1,805 square feet of living space in Jefferson County. Featuring five bedrooms and one full bathroom, this home delivers both size and timeless charm. From the moment you enter, you're greeted by beautiful natural wood accents and a classic staircase that sets the tone for the home’s warm and inviting feel. The layout offers generously sized rooms throughout, including a living room with double-door access, a raised family room with an arched window, and a tile dining room highlighted by a bay window and additional double doors—perfect for hosting and everyday living. The arched walkways and architectural details add character you simply can’t replicate, while the spacious kitchen provides ample cabinet storage and functionality for meal preparation and gatherings. Upstairs, the five bedrooms offer flexibility for family, guests, or home office space. The full basement provides additional storage, while the fenced-in backyard creates a private outdoor space to relax, entertain, or enjoy quiet evenings. With its size, layout, and timeless design, The State Street Classic presents a unique opportunity to own a home full of charm and potential in the heart of Steubenville. Living at 1117 State Street places you near some of Steubenville’s most notable attractions and conveniences: • Franciscan University of Steubenville – a nationally recognized university with events and community activities • Historic Downtown Steubenville – local dining, shops, and cultural attractions • Steubenville Marina & Ohio Riverfront – scenic views, boating, and recreation • Beatty Park – trails, playgrounds, and outdoor activities • Steubenville Nutcracker Village & Advent Market – a popular seasonal destination • Easy access to US-22 for travel to Pittsburgh and surrounding areas

21. 2026-03-18
    listed $85,000 Active 1986-char remark

    Show marketing remark (1986 chars)

    Welcome to The State Street Classic, a spacious and character-filled two-story home offering over 1,805 square feet of living space in Jefferson County. Featuring five bedrooms and one full bathroom, this home delivers both size and timeless charm. From the moment you enter, you're greeted by beautiful natural wood accents and a classic staircase that sets the tone for the home’s warm and inviting feel. The layout offers generously sized rooms throughout, including a living room with double-door access, a raised family room with an arched window, and a tile dining room highlighted by a bay window and additional double doors—perfect for hosting and everyday living. The arched walkways and architectural details add character you simply can’t replicate, while the spacious kitchen provides ample cabinet storage and functionality for meal preparation and gatherings. Upstairs, the five bedrooms offer flexibility for family, guests, or home office space. The full basement provides additional storage, while the fenced-in backyard creates a private outdoor space to relax, entertain, or enjoy quiet evenings. With its size, layout, and timeless design, The State Street Classic presents a unique opportunity to own a home full of charm and potential in the heart of Steubenville. Living at 1117 State Street places you near some of Steubenville’s most notable attractions and conveniences: • Franciscan University of Steubenville – a nationally recognized university with events and community activities • Historic Downtown Steubenville – local dining, shops, and cultural attractions • Steubenville Marina & Ohio Riverfront – scenic views, boating, and recreation • Beatty Park – trails, playgrounds, and outdoor activities • Steubenville Nutcracker Village & Advent Market – a popular seasonal destination • Easy access to US-22 for travel to Pittsburgh and surrounding areas

22. 2015-08-04
    historical
23. 2015-07-27
    soldstatus $50,000
24. 2014-08-04
    listed $45,000
25. 2009-01-30
    soldstatus $26,500
26. 2008-10-02
    soldstatus $4,550
27. 2008-09-18
    listed $10,900
28. 2006-12-20
    soldstatus $4,000
29. 2005-11-25
    listed $12,500
30. 1997-03-27
    soldstatus $41,900
31. 1993-05-20
    soldstatus $24,500

ⓘ 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: $444 · $37/mo
• Projected year-2 tax: $767 · $64/mo
• Expected delta: +$323/yr (+$27/mo · 72.8%)

ⓘ 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: $17,655
• − Mortgage interest: −$3,915
• − Property taxes: −$444
• − Insurance: −$350
• − Repairs & maintenance: −$1,412
• − Management: −$1,412
• − Depreciation: −$2,033
• Taxable income: $8,088
• Est. tax owed @ 24.0%: −$1,941
• After-tax cash flow: $6,814/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

+195.9% since first listed

14 events — show timeline

• 2026-05-06 Price Changed $72,500 MLSNOW
• 2026-04-08 Price Changed $75,000 MLSNOW
• 2026-04-02 Price Changed $80,000 MLSNOW
• 2026-03-18 Listed $85,000 MLSNOW
• 2015-08-04 Listing Removed — MLSNOW
• 2015-07-27 Sold (Public Records) $50,000 Public Records
• 2014-08-04 Listed $45,000 MLSNOW
• 2009-01-30 Sold (Public Records) $26,500 Public Records
• 2008-10-02 Sold (MLS) $4,550 MLSNOW
• 2008-09-18 Listed $10,900 MLSNOW
• 2006-12-20 Sold (MLS) $4,000 MLSNOW
• 2005-11-25 Listed $12,500 MLSNOW
• 1997-03-27 Sold (Public Records) $41,900 Public Records
• 1993-05-20 Sold (Public Records) $24,500 Public Records

Property tax history

+38.9%/yr

Latest (2025): $444 · +1.5% YoY. Source: county tax records.