147 Newell Ave · St. Clairsville, OH 43950

$134,900

4 bd · 4.0 ba · 4,498 sqft · SingleFamily public records · 35 Days on market

Built 1910 0.25 ac lot

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Why this score? — see what drove the C 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 +24.8/30.0
• DSCR +8.1/10.0
• ARV discount +7.5/15.0
• 1% rule +6.2/10.0
• Schools +5.5/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Space for Everyone in the Heart of St. Clairsville! Welcome to 147 Newell Ave, a Duplex that truly offers more than meets the eye. Boasting nearly 4,000 square feet of living space, this 5-bedroom, 3-bathroom residence provides a level of versatility that is rare to find. The main unit features a functional layout perfect for daily living with 4 bedrooms and 2 full baths, while the fully finished basement unit has 1 bedroom and 1 full bath. Situated on a nice manageable quarter-acre lot with shed, this home also includes a 2 car attached garage for extra storage or parking. Just minutes from local schools and downtown amenities, this is an incredible opportunity to own a high-square-footag

Key facts

• 0.25 acre lot
• 2 garage spots
• Built 1910

Property features AI

Exterior

• Parking: Attached garage; 2 garage spaces
• Utilities: Public water service; Public sewer service
• Home design: Two-story building
• Construction: Shingle roof; Construction includes aluminum, vinyl, and wood siding
• Exterior features: Public water; Public sewer

Interior

• Bedrooms: One-bedroom unit (leased); Four-bedroom unit (leased)
• Bathrooms: Three full bathrooms total; One-bathroom in the one-bedroom unit; Two-bathrooms in the four-bedroom unit
• Heating & cooling: Central air conditioning; Heating includes baseboard, electric, forced air, and gas
• Interior features: Full basement

What this means for you Summary

Snapshot

• This is a 4-bed/4.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $287 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $135k).
• Recommended offer: $131k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.8% vs local median 3.1% in St. Clairsville — 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: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• St Clairsville-Richland City (suburban): math 57% / reading 71% proficiency, ranked #220 of 656 in OH (top 34%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: St Clairsville Elementary School (math 70% / reading 71%, grade A-, #376 of 1,584 statewide, top 24%, 600 students, 28% FRL); St Clairsville Middle School (math 52% / reading 70%, grade B+, #252 of 654 statewide, top 39%, 510 students, 44% FRL); St Clairsville High School (math 52% / reading 72%, grade B-, #202 of 781 statewide, top 29%, 482 students, 0% FRL) — zoned schools average 24% FRL vs 40% district-wide (16 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 60 active listings in the ZIP; 4 units permitted in Belmont County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Belmont County population projected at -15% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 35 days — a 3% lower offer ($131k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $40k (23%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $130,853 (3.0% below list)

Questions for the listing agent

1. It's been on market 35 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1910 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 1.12% ✓
• Cap rate: 8.85%
• Cash-on-cash: 9.13%
• DSCR: 1.41
• GRM: 7.4

CMA / ARV

• ARV (on-the-fly): $607,230
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
109 Rand Ave	0.51mi	4/4.0	4,300 (-4%)	24mo	$579,500	$135	49

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: -2.5%
• Equity multiple: 0.91×
• Total profit: $-3,557
• Equity at exit: $20,114

10-year hold

• IRR: 7.2%
• Equity multiple: 1.54×
• Total profit: $20,492
• Equity at exit: $11,664

Cash invested: $37,772 (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 43950

• Home prices YoY: -29.5%
• Active inventory: 60
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,512 medium
• Mortgage (P&I): −$707
• Tax from tax record: −$144 /mo · $1,726/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$318
• Net cashflow: $287

Break-even live

Break-even rent $1,149

Max offer price $134,900

Occupancy floor 76%

Sensitivity live

Price	-10% $364	-5% $325	+0% $287	+5% $249	+10% $211
Rent	-10% $168	-5% $228	+0% $287	+5% $347	+10% $407
Rate	-1.0pp $355	-0.5pp $322	base $287	+0.5pp $252	+1.0pp $217

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: $33,725
• Closing costs: $4,047
• Reserves months: —
• Total cash needed: —

Listing history 9 events

1. 2026-06-02
   statusdays on market $134,900 Pending 35 DOM
2. 2026-06-01
   days on market $134,900 Active 34 DOM
3. 2026-05-31
   days on market $134,900 Active 33 DOM
4. 2026-05-08
   historical Contingent
5. 2026-04-28
   status Active
6. 2026-04-14
   listed $174,900 Active
7. 2006-06-30
   soldstatus $125,400
8. 2004-11-29
   soldstatus $112,000
9. 1997-11-04
   soldstatus $32,000

ⓘ 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: $1,726 · $144/mo
• Projected year-2 tax: $1,915 · $160/mo
• Expected delta: +$189/yr (+$16/mo · 11.0%)

ⓘ 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 ≥96°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,148
• − Mortgage interest: −$7,556
• − Property taxes: −$1,726
• − Insurance: −$674
• − Repairs & maintenance: −$1,452
• − Management: −$1,452
• − Depreciation: −$3,924
• Taxable income: $1,363
• Est. tax owed @ 24.0%: −$327
• After-tax cash flow: $3,120/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: St Clairsville-Richland City
• NCES district ID: 3904599
• Math proficiency: 57% ▼ -12.00%
• Reading proficiency: 71% ▼ -4.00%
• Median HH income: $54,816
• Composite: 54.8/100
• National rank: #1314
• State rank: #220 of 656 in OH

Livability — St. Clairsville

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: St. Clairsville, OH
• County: Belmont · 63,139 people
• Metro: Wheeling, WV-OH
• Population (ZIP): 16,422
• Household income: $73,135
• Rent vs Own: 24.5% rent · 75.5% own
• Severe rent burden: 8.5

Population outlook (Belmont County) Hauer SSP2

• Today (2025): 66,568 people
• By 2030: 64,818 · -2.6%
• By 2040: 60,702 · -8.8%
• By 2050: 56,427 · -15.2%
• By 2075: 46,222 · -30.6%
• By 2100: 34,611 · -48.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (87%)
• Race & ethnicity: White 87% Black 6% Two or more races 4% Hispanic / Latino 3%
• Common ancestry: Romanian 6% Slovak 4% Italian 3%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 2%

Political lean MEDSL · Belmont

• 2024 margin: Solid R (+47.3) · D 26.0% · R 73.3%
• 2008→2024 swing: -50.0pp toward R · 2008: 2.7pp · 2024: -47.3pp
• All cycles: 2024: R+47.3 2020: R+43.6 2016: R+39.5 2012: R+8.4 2008: D+2.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -74.90%
• Current HPI: 179.0223
• Rent YoY: —
• Metro: —
• 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

+446.6% since first listed

6 events — show timeline

• 2026-05-08 Contingent — MLSNOW
• 2026-04-28 Relisted — MLSNOW
• 2026-04-14 Listed $174,900 MLSNOW
• 2006-06-30 Sold (Public Records) $125,400 Public Records
• 2004-11-29 Sold (Public Records) $112,000 Public Records
• 1997-11-04 Sold (Public Records) $32,000 Public Records

Property tax history

-0.0%/yr

Latest (2025): $1,726 · -29.7% YoY. Source: county tax records.