1525 Plum Street, Steubenville, OH 43952
sale
$1,149,000
|
Apartment
Courtesy Of DeLuca Realty
This 17-unit residential investment portfolio presents a compelling opportunity for investors seeking stable, income-producing assets with a proven performance track record. Concentrated in the established Lawson Avenue corridor of Steubenville, Ohio, the portfolio spans a cohesive cluster of residential streets including Maxwell Avenue, Union Avenue, Summit Avenue, Cedar Avenue, Lawson Avenue, Plum Street, and Oakmont Avenue Generating approximately $147,000 in annual gross income. Tenant demand is underpinned by a powerful mix of regional economic anchors that drive consistent occupancy and long-term income stability. The portfolio benefits from proximity to Franciscan University and The College of Saint Joseph the Worker, generating a reliable base of student and faculty housing demand. A newly established regional STEM school further strengthens the local residential market, while Trinity Hospital System provides a steady stream of healthcare professionals and support staff seeking quality housing in the area. The portfolio is also bolstered by access to major employment opportunities, including a Walmart Distribution Center and surrounding regional employment hubs that attract a diverse and stable workforce. Together, these demand drivers create a resilient tenant base that supports consistent occupancy across market cycles. Whether you are an experienced investor looking to expand your portfolio or a buyer seeking a market-ready income asset with genuine upside, this 17-unit offering deserves your immediate attention. Opportunities with this level of documented performance, geographic cohesion, and demand diversification are rarely available at this price point.
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Property Features
- Age: Over 50 Years Old
- Heating System: Forced Air
- Heating System: Natural Gas
- Legal Description: 7-8-6 PLEAS HSTS 38.12X100 MAP-07-1500-04600
- MLSID: 5208148
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