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Two-Unit Residential Income Property
For Sale
Contact for pricing
Pending

221 Mound St, Newark, OH 43055

Two-unit home producing monthly rental income, with Unit 1 at $900 and Unit 2 at $650.

Property SizeContact for details
Days on Market125

Property Features for 221 Mound St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 2

Building Details

Tenancy Multi
Listing Agency: I Heart Real Estate
Listed By: Jeffrey Schultheis · License #2021008674
Source: Crexi
Added: Apr 11 Changed: Aug 10 Last Checked: Aug 12 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 I Heart Real Estate

Investment Insights

Based on property information with market context.

This two-unit residential income property offers two separate units within a single home structure. The current rental history includes Unit 1 rented for $900 per month and Unit 2 rented for $650 per month.

The property is located at 221 Mound St in Newark, OH 43055, in Licking County.

For investors seeking an income-producing duplex setup with established monthly rents, this asset provides a straightforward two-unit configuration under one address.

Key Highlights

  • Two‑unit home producing monthly rental income
  • Unit 1 rents for $900/month
  • Unit 2 rents for $650/month

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Parking Lot & Garage Locksmith (Bike/Boat/Book/etc) Store Grocery & Convenience Store Butcher

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

740
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 - Two-unit home producing monthly rental income, with Unit 1 at $900 and Unit 2 at $650.
Where is this duplex located?
The property is located at 221 Mound St Newark, OH.
What are key features of this property?
This property features: Two‑unit home producing monthly rental income; Unit 1 rents for $900/month; Unit 2 rents for $650/month
(419) 295-6771 Call to check price and availability
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