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Remodeled Duplex Investment
For Sale
Contact for pricing
Pending

181 Mt Vernon Rd, Newark, OH 43055

Duplex with two fully remodeled units, each offering two bedrooms and 1.5 baths.

Property SizeContact for details
Days on Market121

Property Features for 181 Mt Vernon Rd

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 2

Building Details

Tenancy Multi
Listing Agency: Red 1 Realty
Listed By: Nicole MacLellan · License #2015003047
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 8 at 12:20PM

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 Red 1 Realty

Investment Insights

Based on property information with market context.

This duplex offers two separate residential units, each featuring two bedrooms and 1.5 bathrooms. The property was completely remodeled down to the studs approximately three years ago.

Further rent and other details are available in the agent-to-agent remarks, which should be reviewed prior to submitting an offer.

The asset is being presented as an investor-focused opportunity within the residential income property category.

Key Highlights

  • Duplex with two fully remodeled units completed 3 years ago (down to the studs).
  • Each unit offers 2 bedrooms and 1.5 bathrooms.
  • Agent to agent remarks available for rent and further details.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage Spa & Massage Center Pharmacy Skin Care Clinic

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,059
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex with two fully remodeled units, each offering two bedrooms and 1.5 baths.
Where is this duplex located?
The property is located at 181 Mt Vernon Rd Newark, OH.
What are key features of this property?
This property features: Duplex with two fully remodeled units completed 3 years ago (down to the studs).; Each unit offers 2 bedrooms and 1.5 bathrooms.; Agent to agent remarks available for rent and further details.
More about this property
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