1652 Oregon Ave · Steubenville, OH 43952

$104,900

2 bd · 1.5 ba · 1,500 sqft · SingleFamily public records · 15 Days on market

Built 1925 3,920 sqft lot $70/sqft · 8% below area Est $114k · 8% under

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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 +18.7/30.0
• ARV discount +11.2/15.0
• Schools +6.0/10.0
• DSCR +5.9/10.0
• 1% rule +4.3/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Spacious 1,500 sq ft home located in Steubenville within walking distance of the university and close to many local amenities including shopping, dining, and everyday conveniences. This home offers plenty of living space with 1.5 bathrooms and a functional layout that provides flexibility for a variety of living needs. Conveniently situated in an established neighborhood, the property offers easy access to schools, downtown Steubenville, and major roadways. A great opportunity for homeowners or investors looking for a well-located property near the university.

Key facts

• 3,920 sq ft lot
• Garage
• Built 1925

Tags

• WALKING DISTANCE TO UNIVERSITY
• CLOSE TO LOCAL AMENITIES
• EASY ACCESS TO SCHOOLS
• ESTABLISHED NEIGHBORHOOD
• WELL LOCATED PROPERTY

Property features AI

Finance

• Financial info: Annual taxes listed (data provided separately)

Exterior

• Parking: Detached garage; Garage (1 car); On-street parking
• Utilities: Public water; Public sewer
• Home design: 2-story home; Above-grade finished area approximately 1,500 (source: assessor)
• Construction: Aluminum siding; Asphalt/fiberglass roof
• Exterior features: Lot recorded as 0.09 acres

Interior

• Bedrooms: Total of 5 rooms (bedroom count not specified)
• Bathrooms: One full bathroom; One half bathroom; One main-level bathroom
• Heating & cooling: Central air conditioning; Forced air heating (gas)
• Interior features: Full, unfinished basement; One fireplace

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $103 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $98k (6.5% below list).
• Recommended offer: $98k (6.5% below list) — sets the bar for 1% rule.
• Cap rate 7.5% 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 $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 15 days — a 2% lower offer ($103k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 10y 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 $45k; list at $105k implies a 133% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $98,068 (6.5% below list)

Questions for the listing agent

1. Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 0.93% ✗
• Cap rate: 7.48%
• Cash-on-cash: 4.22%
• DSCR: 1.19
• GRM: 8.9

CMA / ARV

• ARV (median comp): $114,232
• List price: $104,900
• Delta: 0.58%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1312 Wellesley Ave	0.38mi	3/2.0 (+1)	1,470 (-2%)	5mo	$31,000	$21	68
2012 Fairmont Ave	0.35mi	3/1.0 (+1)	1,408 (-6%)	1mo	$142,500	$101	66
1222 Oregon Ave	0.46mi	3/1.0 (+1)	1,424 (-5%)	3mo	$12,500	$9	61
1810 Mary Ave	0.54mi	3/1.0 (+1)	1,538 (+2%)	7mo	$136,000	$88	58
1952 Mccauslen Mnr	0.32mi	3/2.0 (+1)	1,308 (-13%)	0mo	$255,000	$195	56
1816 Norton Pl	0.26mi	3/2.5 (+1)	1,664 (+11%)	6mo	$287,000	$172	55
305 Murphy Ave	0.54mi	3/1.5 (+1)	1,428 (-5%)	8mo	$130,000	$91	55
1510 Pennsylvania Ave	0.19mi	3/1.0 (+1)	1,281 (-15%)	8mo	$50,500	$39	53
1219 Oregon Ave	0.47mi	3/1.0 (+1)	1,364 (-9%)	6mo	$120,500	$88	51
134 El Villa Way	0.68mi	3/1.5 (+1)	1,405 (-6%)	2mo	$145,000	$103	51
263 Hollywood Blvd	0.63mi	3/2.0 (+1)	1,308 (-13%)	2mo	$175,000	$134	41
120 Welday Ave	0.73mi	3/1.0 (+1)	1,281 (-15%)	1mo	$111,500	$87	34

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: -9.7%
• Equity multiple: 0.64×
• Total profit: $-10,435
• Equity at exit: $15,641

10-year hold

• IRR: -0.3%
• Equity multiple: 0.98×
• Total profit: $-685
• 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: 98
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $981 medium
• Mortgage (P&I): −$550
• Tax from tax record: −$78 /mo · $931/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$206
• Net cashflow: $103

Break-even live

Break-even rent $850

Max offer price $104,900

Occupancy floor 84%

Sensitivity live

Price	-10% $163	-5% $133	+0% $103	+5% $74	+10% $44
Rent	-10% $26	-5% $65	+0% $103	+5% $142	+10% $181
Rate	-1.0pp $156	-0.5pp $130	base $103	+0.5pp $76	+1.0pp $49

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
1646 Ridge Ave Steubenville, OH	3.0	1.0	1220	$700	$0.57	44d	1	0.10mi

Listing history 19 events

1. 2026-06-19
   days on market $104,900 Active 15 DOM
2. 2026-06-18
   days on market $104,900 Active 14 DOM
3. 2026-06-17
   days on market $104,900 Active 13 DOM
4. 2026-06-16
   days on market $104,900 Active 12 DOM
5. 2026-06-15
   days on market $104,900 Active 11 DOM
6. 2026-06-14
   days on market $104,900 Active 9 DOM
7. 2026-06-12
   days on market $104,900 Active 8 DOM
8. 2026-06-09
   days on market $104,900 Active 5 DOM
9. 2026-06-08
   days on market $104,900 Active 4 DOM
10. 2026-06-07
    days on market $104,900 Active 3 DOM
11. 2026-06-05
    pricedays on marketlisting id $104,900 Active 1 DOM
12. 2026-03-30
    status Active 566-char remark
13. 2026-03-12
    historical Contingent 566-char remark
14. 2026-03-05
    listed $114,900 Active 566-char remark
15. 2023-03-30
    soldstatus $45,000
16. 2016-09-21
    historical
17. 2016-06-06
    listed $59,500
18. 2010-06-25
    soldstatus $57,000
19. 1989-11-15
    soldstatus $27,000

ⓘ 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: $931 · $78/mo
• Projected year-2 tax: $1,284 · $107/mo
• Expected delta: +$353/yr (+$29/mo · 37.9%)

ⓘ 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: $11,768
• − Mortgage interest: −$5,876
• − Property taxes: −$931
• − Insurance: −$524
• − Repairs & maintenance: −$941
• − Management: −$941
• − Depreciation: −$3,052
• Taxable loss: −$498
• Est. tax savings @ 24.0%: +$119
• After-tax cash flow: $1,360/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

+288.5% since first listed

10 events — show timeline

• 2026-06-03 Listed $104,900 MLSNOW
• 2026-05-27 Listing Removed — MLSNOW
• 2026-03-30 Relisted — MLSNOW
• 2026-03-12 Contingent — MLSNOW
• 2026-03-05 Listed $114,900 MLSNOW
• 2023-03-30 Sold (Public Records) $45,000 Public Records
• 2016-09-21 Listing Removed — MLSNOW
• 2016-06-06 Listed $59,500 MLSNOW
• 2010-06-25 Sold (Public Records) $57,000 Public Records
• 1989-11-15 Sold (Public Records) $27,000 Public Records

Property tax history

+1.1%/yr

Latest (2025): $931 · +1.5% YoY. Source: county tax records.