Lawson Portfolio 1 Multifamily Properties Offered at $1,199,000 in Steubenville, OH

This 15-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 and $90,000 or more in net operating income based on actual 2025 trailing twelve-month performance, the portfolio delivers an in-place cap rate of approximately 7.5% to 7.8% — a strong return profile in today's market. 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 15-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.
Included in the Portfolio (all located in Steubenville, Ohio 43952):
1525-1527 Plum Street, 528-530 Lawson Ave, 307 Summit Ave, 308 Summit Ave, 637 Oakmont Ave, 726Oakmont Ave, 813 Oakmont Ave, 542 Cedar Ave, 518 Union Ave, 429 Maxwell Ave