124 Butte St · Steubenville, OH 43952

$35,000

2 bd · 1.0 ba · 1,216 sqft · SingleFamily public records · 326 Days on market

Built 2004 1,742 sqft lot $29/sqft · 33% above area Est $26k · 33% over ↓ 50% since listing

---

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 +30.0/30.0
• 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
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Discover an investment opportunity with this fixer-upper, perfect for savvy investors looking to unlock potential. This property is brimming with possibilities and awaits your creative vision to transform it into a stunning residence. With a little TLC, you can enhance its charm and value, making it an ideal project for those ready to roll up their sleeves. Don't miss your chance to capitalize on this promising venture-seize the opportunity today!

Key facts

• 1,742 sq ft lot
• Parking
• Listed 325 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $35k.

Deal economics

• At list price, monthly cash flow is $425 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($809 rent vs $35k).
• Recommended offer: $31k (12.0% below list) — sets the bar for market timing.
• Cap rate 20.9% 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; 3 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $242 of loan paydown is wiped out by about $1k 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 $10k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 326 days — a 12% lower offer ($31k) is reasonable based on typical stale-listing flexibility.

Recommended offer $30,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 326 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 2.31% ✓
• Cap rate: 20.85%
• Cash-on-cash: 52.01%
• DSCR: 3.31
• GRM: 3.6

CMA / ARV

• ARV (median comp): $26,374
• List price: $35,000
• Delta: 32.71%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
301 Mckee St	0.40mi	3/1.0 (+1)	1,214 (-0%)	1mo	$25,000	$21	75
1113 State St	0.35mi	3/2.0 (+1)	1,232 (+1%)	1mo	$135,000	$110	72
316 Henry Ave	0.44mi	3/1.5 (+1)	1,200 (-1%)	2mo	$115,000	$96	69
507 Highland Ave	0.50mi	2/1.0	1,304 (+7%)	1mo	$23,000	$18	64
729 Rosswell Ave	0.45mi	3/1.0 (+1)	1,156 (-5%)	14mo	$60,000	$52	54
464 Linden Ave	0.41mi	3/1.0 (+1)	1,296 (+7%)	19mo	$12,000	$9	50
634-630 Grandview	0.34mi	3/1.0 (+1)	1,394 (+15%)	13mo	$15,600	$11	44
709 Oakmont Ave	0.49mi	3/1.5 (+1)	1,336 (+10%)	12mo	$65,000	$49	43
1242 Oregon Ave	0.73mi	3/1.0 (+1)	1,248 (+3%)	17mo	$52,000	$42	43
421 Darlington Rd	0.52mi	3/1.0 (+1)	1,341 (+10%)	15mo	$15,000	$11	41
1201 Wellesley Ave	0.74mi	3/1.0 (+1)	1,280 (+5%)	15mo	$128,000	$100	39
1219 Oregon Ave	0.72mi	3/1.0 (+1)	1,364 (+12%)	6mo	$120,500	$88	36

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: 49.9%
• Equity multiple: 3.18×
• Total profit: $21,374
• Equity at exit: $5,219

10-year hold

• IRR: 55.4%
• Equity multiple: 6.45×
• Total profit: $53,424
• Equity at exit: $3,026

Cash invested: $9,800 (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: 3.6×

Monthly cashflow live

• Estimated rent: $809 medium
• Mortgage (P&I): −$184
• Tax from tax record: −$16 /mo · $194/yr
• Insurance: −$15
• HOA: −$0
• Vacancy / Maint / Mgmt: −$170
• Net cashflow: $425

Break-even live

Break-even rent $271

Max offer price $35,000

Occupancy floor 42%

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: $8,750
• Closing costs: $1,050
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
302 N 3rd St Unit A Steubenville, OH	1.0	1.0	700	$800	$1.14	43d	1	0.45mi
403 N 4th St Unit 11 Steubenville, OH	1.0	1.0	700	$675	$0.96	43d	1	0.45mi
1646 Ridge Ave Steubenville, OH	3.0	1.0	1220	$700	$0.57	43d	1	0.94mi

Listing history 22 events

1. 2026-06-19
   days on market $35,000 Active 326 DOM
2. 2026-06-18
   days on market $35,000 Active 325 DOM
3. 2026-06-17
   days on market $35,000 Active 324 DOM
4. 2026-06-16
   days on market $35,000 Active 323 DOM
5. 2026-06-15
   days on market $35,000 Active 322 DOM
6. 2026-06-14
   days on market $35,000 Active 320 DOM
7. 2026-06-12
   days on market $35,000 Active 319 DOM
8. 2026-06-09
   days on market $35,000 Active 316 DOM
9. 2026-06-08
   days on market $35,000 Active 315 DOM
10. 2026-06-07
    days on market $35,000 Active 314 DOM
11. 2026-06-05
    days on market $35,000 Active 312 DOM
12. 2026-06-04
    days on market $35,000 Active 310 DOM
13. 2026-06-02
    days on market $35,000 Active 309 DOM
14. 2026-06-01
    days on market $35,000 Active 308 DOM
15. 2026-05-31
    days on market $35,000 Active 307 DOM
16. 2026-05-31
    days on market $35,000 Active 306 DOM
17. 2026-04-15
    price $35,000 451-char remark

    Show marketing remark (451 chars)

    Discover an investment opportunity with this fixer-upper, perfect for savvy investors looking to unlock potential. This property is brimming with possibilities and awaits your creative vision to transform it into a stunning residence. With a little TLC, you can enhance its charm and value, making it an ideal project for those ready to roll up their sleeves. Don't miss your chance to capitalize on this promising venture-seize the opportunity today!

18. 2025-12-11
    price $42,000 451-char remark

    Show marketing remark (451 chars)

    Discover an investment opportunity with this fixer-upper, perfect for savvy investors looking to unlock potential. This property is brimming with possibilities and awaits your creative vision to transform it into a stunning residence. With a little TLC, you can enhance its charm and value, making it an ideal project for those ready to roll up their sleeves. Don't miss your chance to capitalize on this promising venture-seize the opportunity today!

19. 2025-10-12
    price $48,000 451-char remark

    Show marketing remark (451 chars)

    Discover an investment opportunity with this fixer-upper, perfect for savvy investors looking to unlock potential. This property is brimming with possibilities and awaits your creative vision to transform it into a stunning residence. With a little TLC, you can enhance its charm and value, making it an ideal project for those ready to roll up their sleeves. Don't miss your chance to capitalize on this promising venture-seize the opportunity today!

20. 2025-09-16
    price $52,900 451-char remark

    Show marketing remark (451 chars)

    Discover an investment opportunity with this fixer-upper, perfect for savvy investors looking to unlock potential. This property is brimming with possibilities and awaits your creative vision to transform it into a stunning residence. With a little TLC, you can enhance its charm and value, making it an ideal project for those ready to roll up their sleeves. Don't miss your chance to capitalize on this promising venture-seize the opportunity today!

21. 2025-08-23
    price $59,000 451-char remark

    Show marketing remark (451 chars)

    Discover an investment opportunity with this fixer-upper, perfect for savvy investors looking to unlock potential. This property is brimming with possibilities and awaits your creative vision to transform it into a stunning residence. With a little TLC, you can enhance its charm and value, making it an ideal project for those ready to roll up their sleeves. Don't miss your chance to capitalize on this promising venture-seize the opportunity today!

22. 2025-07-28
    listed $69,900 Active 451-char remark

    Show marketing remark (451 chars)

    Discover an investment opportunity with this fixer-upper, perfect for savvy investors looking to unlock potential. This property is brimming with possibilities and awaits your creative vision to transform it into a stunning residence. With a little TLC, you can enhance its charm and value, making it an ideal project for those ready to roll up their sleeves. Don't miss your chance to capitalize on this promising venture-seize the opportunity today!

ⓘ 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: $194 · $16/mo
• Projected year-2 tax: $370 · $31/mo
• Expected delta: +$176/yr (+$15/mo · 91.0%)

ⓘ 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 4/10 Moderate 8 d/yr ≥97°F today · 20 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: $9,706
• − Mortgage interest: −$1,961
• − Property taxes: −$194
• − Insurance: −$175
• − Repairs & maintenance: −$776
• − Management: −$776
• − Depreciation: −$1,018
• Taxable income: $4,806
• Est. tax owed @ 24.0%: −$1,153
• After-tax cash flow: $3,943/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

-49.9% since first listed

6 events — show timeline

• 2026-04-15 Price Changed $35,000 MLSNOW
• 2025-12-11 Price Changed $42,000 MLSNOW
• 2025-10-12 Price Changed $48,000 MLSNOW
• 2025-09-16 Price Changed $52,900 MLSNOW
• 2025-08-23 Price Changed $59,000 MLSNOW
• 2025-07-28 Listed $69,900 MLSNOW

Property tax history

+6.7%/yr

Latest (2025): $194 · +1.5% YoY. Source: county tax records.