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Duplex with Updated Systems
For Sale
Under Contract
$179,900

112 W Locust Street, Newark, OH 43055

Multi-Family, Newark, OH

Property SizeContact for details
Lot Size0.11 Acres
Days on Market49

Property Features for 112 W Locust Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Rooms Bedroom 4, Bedroom 3, Bedroom 1, Bedroom 2
Elementary school district NEWARK CSD 4507 LIC CO.
Middle school district NEWARK CSD 4507 LIC CO.
High school district NEWARK CSD 4507 LIC CO.
Standard status Active Under Contract
APN 054-261870-00.000
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1271

Utilities

Sewer type Public Sewer

Amenities

washer and dryer hookups

Building Details

Year built 1920
Number of units 2
Listing Agency: EXP Realty, LLC
Listed By: Kristin Musick
Added: Jul 23 Changed: Sep 8 Last Checked: Sep 9 at 6:06AM
MLS# 226027665

Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1920, this duplex contains two residential units, each with 2 bedrooms and 1 full bathroom. Both units include washer and dryer hookups. The lower residence has a new hot water tank, while the upper residence features a new furnace and a new hot water tank. Public sewer serves the property, which occupies a 0.11-acre lot.

The property is located on W Locust Street in Newark, Ohio, near downtown, dining, shopping, and major commuter routes. Its two-unit configuration provides separate living spaces within one income-producing residential property.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 full bathroom per unit
  • Lower unit includes a new hot water tank
  • Upper unit has a new furnace and a new hot water tank

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Real Estate Agency Pet Grooming Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,042
Businesses Nearby

Demographics for 43055, OH

62,590
Population
27,046
Households
2.3
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
112.7 sq mi
ZIP Area
555
Density / Sq Mi
$61,807
Median Household Income
$39,412
Median Earnings
$920
Median Rent
$185,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences offer matching bedroom and bath layouts with laundry connections and recent utility upgrades.
Where is this duplex located?
The property is located at 112 W Locust Street Newark, OH.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 full bathroom per unit; Lower unit includes a new hot water tank; Upper unit has a new furnace and a new hot water tank
More about this property
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