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Two-Unit Duplex
New
For Sale
$194,900

145 W Railroad Street, Newark, OH 43055

Multi-Family, Newark, OH

Property SizeContact for details
Lot Size0.07 Acres
Days on Market4

Property Features for 145 W Railroad Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Rooms Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 1
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
APN 054-205626-00.000
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1060

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1900
Number of units 2
Listing Agency: Keller Williams Greater Cols · Keller Williams Realty
Listed By: Kishma James
Added: Oct 3 Changed: Oct 6 Last Checked: Oct 6 at 1:06PM
MLS# 226037727

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.

Located at 145 W Railroad Street in Newark, this duplex contains two separate residences, each arranged with two bedrooms and one full bathroom. Both units are tenant occupied. The property dates to 1900 and sits on a 0.07-acre lot.

Heating is provided by forced-air equipment, with public water service and public sewer. The two-unit configuration and matching bedroom and bathroom counts define the property’s residential layout.

Key Highlights

  • Two separate units, each with 2 bedrooms and 1 full bathroom
  • Both residences are tenant occupied
  • 0.07‑acre lot

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Bakery Computer & Electronic Repair Furniture & Home Goods

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

955
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Each residence has two bedrooms and one full bathroom and is presently occupied by tenants.
Where is this duplex located?
The property is located at 145 W Railroad Street Newark, OH.
What is the asking price?
The asking price for this property is $194,900.
What are key features of this property?
This property features: Two separate units, each with 2 bedrooms and 1 full bathroom; Both residences are tenant occupied; 0.07‑acre lot
More about this property
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