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Two-Unit Duplex with Updated Systems
For Sale
$179,900

112-112 W Locust St, Newark, OH 43055

Two similarly configured residences offer laundry hookups and separate recent mechanical upgrades.

Property SizeContact for details
Days on Market49

Property Features for 112-112 W Locust St

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,271
Listing Agency: EXP Realty, LLC
Listed By: Kristin Musick
Source: Exprealty
Added: Jul 23 Changed: Sep 4 Last Checked: Sep 8 at 1:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC

Investment Insights

Based on property information with market context.

Located at 112-112 W Locust St in Newark, this duplex contains two residential units with matching two-bedroom, one-bath layouts. Each unit includes washer and dryer hookups, providing practical in-unit laundry preparation.

The lower residence has a new hot water tank. The upper residence includes both a new furnace and a new hot water tank. The property is positioned near downtown Newark, dining, shopping, and major commuter routes, placing everyday amenities and transportation connections within the surrounding area.

Key Highlights

  • Two‑unit duplex with two bedrooms and one full bathroom in each residence
  • Washer and dryer hookups provided in both units
  • Lower unit includes 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
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Frequently Asked Questions

What type of property is this?
Duplex - Two similarly configured residences offer laundry hookups and separate recent mechanical upgrades.
Where is this duplex located?
The property is located at 112-112 W Locust St 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 two bedrooms and one full bathroom in each residence; Washer and dryer hookups provided in both units; Lower unit includes a new hot water tank
More about this property
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