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561 W Main Street Newark, OH $ 144,500
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$ 144,500 Get more info
561 W Main Street
$ 144,500
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561 W Main Street

Newark, OH, 43055
$ 144,500
Bedrooms4 Baths0.0

Monthly Estimate*

$ 901

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Multi-Family Home for sale in Newark, OH

for $144,500 with 4 bedrooms. This home was built in 1900 on a lot size of 0.23.

HIGHEST AND BEST by NOON 12/6 - Multiple Offers Received Cash-Flowing Duplex Near Downtown Newark! Excellent investment opportunity! This well-maintained, cash-flowing duplex is ideally located just minutes from downtown Newark's shops, restaurants, and local amenities. Both units are fully occupied with great long-term tenants who wish to stay, providing immediate, stable income for the next owner. Whether you're looking to expand your rental portfolio or step into a turnkey investment, this property delivers strong returns and minimal maintenance in a prime location. Current rents ($995 and $650) Please do not disturb tenants. Selling As-is. Agent related to seller.

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Multi-Family Contingent

Price

$ 144,500

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 1,526

Style

Lot Size

0.23

Year Built

1900

Town/City

Newark

County/Region

Licking

MLS | Web ID

225040753
Features
General
Sewer Public Sewer
Heating Forced Air
Cooling None
Year Built 1900
Township None
Property Subtype Duplex
Tax Year 2024
Gross Income 1645.0
County Licking
Net Operating Income 1465.0
Operating Expense 100.0
Property Type Multi-Family
Status Contingent
City Newark
High School District NEWARK CSD 4507 LIC CO.
Number Of Units Total 2
Lot Size Square Feet 10018.8
Land Lease Y/N N
Tax Annual Amount 1526.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active Under Contract
Senior Community None
New Construction None
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Exterior
Water Source Public
Lot Size Area 0.23
Spa N
Lot Size Acres 0.23
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N N
Total Baths 0
Heating-Forced Air True
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Internal Only
Street Number 1 561
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* Excluded Features
List By
Natalie Baldwin

Listing Agent

Red 1 Realty

Broker

nataliejobaldwin@gmail.com

Email

Affordability Calculator

$1,029
Per Month
88%
12%
0%
Monthly Principal & Interest
$901
Monthly Property Taxes
$127
Monthly 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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1421185 Elementary School
1421191 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/27/2025$129,000 Listed Price

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561 W Main Street, Newark, OH, 43055 is a Multi-Family Home for sale at $144,500 with a lot size of 0.23. 561 W Main Street has 4 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 43055 which is in Newark, OH

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