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Two-Unit Residential Income Property
For Sale
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Pending

533 Clarendon St, Newark, OH 43055

Two-unit investment property with off-street and on-street parking and a fenced yard, with new flooring in both units.

Property SizeContact for details
Days on Market121

Property Features for 533 Clarendon St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Fenced Yard Yes
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 9:10AM

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 two-unit residential income property is designed for straightforward rental use, with new flooring installed in both units. The property also includes a fenced-in yard, providing an outdoor space benefit for residents.

Parking is available both off street and on street, supporting convenient access for tenants and guests.

With two separate units and recent interior updates, the property offers a practical setup for buyers seeking a two-unit investment residence.

Key Highlights

  • Two‑unit investment property
  • Off‑street and on‑street parking available
  • Fenced‑in yard

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Spa & Massage Center Nail Salon Daycare Center Auto Parts Store 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
Multi-tenant
Tenancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

261
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-unit investment property with off-street and on-street parking and a fenced yard, with new flooring in both units.
Where is this duplex located?
The property is located at 533 Clarendon St Newark, OH.
What are key features of this property?
This property features: Two‑unit investment property; Off‑street and on‑street parking available; Fenced‑in yard
More about this property
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