45 S 5th Street Newark, OH ^$ 449,900

45 S 5th Street

^$ 449,900

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45 S 5th Street

Newark, OH, 43055

^$ 449,900

Bedrooms1 Baths0.0

Monthly Estimate*

^$ 2,807

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Multi-Family Home for sale in Newark, OH

for $449,900 with 1 bedroom. This home was built in 1920 on a lot size of 0.11.

Perfect opportunity to own a multi unit property in the beautiful downtown Newark. Located in the Special Improvement District (SID). 2 Story, 2,870 sf, well maintained 5 Unit Apartment Building features 4 Studio Units on 1st floor and 1 Bed/1Bath Unit on 2nd floor. All units offer washer/dryer hookups, off street/on street parking spaces. (4) Units currently rent for $800/ mo and (1) Unit $760 /mo. 2nd Flr Unit has long term tenant. New roof within 5 yrs, exterior paint, new windows upstairs, some replacements downstairs, Storage shed on site. Easy access to SR 16/40/79/161 and I70/270/71.

Multi-Family Active

Price

^$ 449,900

Bedrooms

Property Type

Multi-Family

Taxes

^$ 1,952

Style

Lot Size

0.11

Year Built

1920

Town/City

Newark

County/Region

Licking

MLS | Web ID

224024323

Features

General

Sewer Public Sewer

Heating Forced Air

Utilities Water Available Sewer Available Natural Gas Available Electricity Available Storm Sewer

Year Built 1920

Township None

Property Subtype Midrise

Tax Year 2023

Gross Income 0.0

County Licking

Net Operating Income 0.0

Operating Expense 0.0

Property Type Multi-Family

Possible Use Commercial Other

Status Active

City Newark

High School District NEWARK CSD 4507 LIC CO.

Number Of Units Total 5

Lot Size Square Feet 4791.6

Land Lease Y/N N

Tax Annual Amount 1952.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Rent Control Y/N N

Standard Status Active

Senior Community None

New Construction None

New Financing Coventional True

Exterior

Total Parking 4.0

Lot Size Area 0.11

Spa N

Lot Size Acres 0.11

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Air Conditioning Y/N Y

Total Baths 0

Heating-Forced Air True

Internal Only

Street Number 1 45

* Excluded Features

List By

Cynthia Layton

Listing Agent

Century 21 Frank Frye

Broker

Cyndi.Layton@C21FrankFrye.com

Affordability Calculator

$2,969

Per Month

Monthly Principal & Interest: $2,807
Monthly Property Taxes: $163
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Newark, OH

Average List Price ^$243,247

Percent of Sale Price 46%

About Newark, OH

49,074 Population

5% Since 2002

^$40,277 Median Income

38.41 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1421185 Elementary School

1421191 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/18/2024	$449,900	-7.05%	Price Down
7/16/2024	$484,000		Listed Price

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45 S 5th Street, Newark, OH, 43055 is a Multi-Family Home for sale at $449,900 with a lot size of 0.11. 45 S 5th Street has 1 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 43055 which is in Newark, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Columbus REALTORS(r)

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Columbus REALTORS(r). Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Data is updated as of 12/18/2025.

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45 S 5th Street

Multi-Family Home for sale in Newark, OH

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