416 Adams Street, Steubenville, OH 43952

Property Description

Take a look at this excellent investment opportunity in the heart of downtown Steubenville! This fully occupied commercial apartment building is ideally located just 6 minutes from Franciscan University and a short 8-minute drive to Weirton. The property includes 10 rental units—8 one-bedroom, one-bath apartments currently leased at $750 per month, and 2 units featuring an open layout with combined kitchen, bedroom, and bathroom leased for $650 a month. The building generates a net monthly income of approximately $5,000, with strong potential for increased revenue through rent adjustments or future improvements. Updates have been made, including newer doors and vinyl showers in 2020. In 2019, a structural wall was installed near the rear basement entrance, along with new cement work and a chain-link fence. A newly constructed wooden staircase, built in 2024, provides exterior access at the back of the building. The first floor is currently used for storage and also includes a bedroom with a full bathroom, offering additional flexibility or rental potential.

Listing Status:

Active

Listing Office:

Cedar One Realty : 740-264-7131

Listing Agent:

Julia Lopresto : 740-424-0258

MLS ID:

5140285

Interior

• Basement: FullFinished
• A/C: Electric
• Heating: Gas

Exterior

• Parking: On Street

Location

• Originating MLS: NOWDD_NORM
• School District: Steubenville CSD - 4104
• County: Jefferson

Lot

• Zoning: 206 ORIG W END 43X60 MAP-07-17B0-0930007-03051-000
• Fencing: Chain Link
• Current Use: ResidentialSingle Family

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: NOWDD_NORM

This listing courtesy of Julia Lopresto, Cedar One Realty