Building Details

Year Built 1862

Listing Agency: Ross Digiorgio, The Westwood Real Estate Co v***@gmail.com Show Phone

Listed By: Rhiannon Ferrari · License #667510033 Show Phone

Source: Ferrarihomegroup

Added: Aug 26 Changed: Aug 29 Last Checked: Aug 26 at 12:37PM

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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 Ross Digiorgio, The Westwood Real Estate Co

Investment Insights

Based on property information with market context.

This duplex property at 108 W Locust St in Newark, Ohio, dates to 1862 and requires comprehensive rehabilitation. It is situated in the Old Town West area, providing a defined setting for a substantial residential property renovation.

Key Highlights

• Duplex property
• Built in 1862
• Requires comprehensive rehabilitation

Property Analytics

Property Profile

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

Explore this area Business Placement

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 - Duplex requiring comprehensive rehabilitation.

Where is this duplex located?

The property is located at 108 W Locust St Newark, OH.

What is the asking price?

The asking price for this property is $119,000.

What are key features of this property?

This property features: Duplex property; Built in 1862; Requires comprehensive rehabilitation