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$ 585,000
Est. payment /mo
Price Dropped by $14K
Newark, OH 43055
0.53 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Twin Single
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226012519
Year Built 1900
Annual Tax Amount $4,745
Lot Size 0.530 Acres
Lot Dimensions 0.53
Property Sub-Type Twin Single
Source Columbus and Central Ohio Regional MLS
Property Description
Rare opportunity to acquire a fully assembled residential portfolio in a convenient Newark location. This package includes five properties consisting of one 2-bedroom single-family home, two 3-bedroom single-family homes, and one duplex (two 2-bedroom units)--offering a strong mix of unit types to attract a broad tenant base.
The portfolio has seen significant recent capital improvements, reducing near-term maintenance exposure:
New roofs installed in 2023 across the properties
Furnaces replaced in 2025 at 185 and 189 Clinton St
Interior upgrades completed at 185 and 189 Clinton St, including new vinyl flooring and fresh paint (2025-2026)
These updates enhance both tenant appeal and operational efficiency, positioning the assets for stable occupancy and rental growth.
With multiple income streams and a diversified unit mix, this package is ideal for investors seeking scale, cash flow, and long-term appreciation in the growing Newark market.
The portfolio has seen significant recent capital improvements, reducing near-term maintenance exposure:
New roofs installed in 2023 across the properties
Furnaces replaced in 2025 at 185 and 189 Clinton St
Interior upgrades completed at 185 and 189 Clinton St, including new vinyl flooring and fresh paint (2025-2026)
These updates enhance both tenant appeal and operational efficiency, positioning the assets for stable occupancy and rental growth.
With multiple income streams and a diversified unit mix, this package is ideal for investors seeking scale, cash flow, and long-term appreciation in the growing Newark market.
Location
State OH
Area 0.53
Zoning Residential
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Cooling Central Air
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Newark Csd 4507 Lic Co.
School District Newark Csd 4507 Lic Co.
Others
Tax ID 054-272448-00.000
Listed by Kristen Du Kidder Red 1 Realty