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Updated Duplex
For Sale
Contact for pricing
Pending

438 Central Ave, Newark, OH 43055

Two residential units offer distinct bedroom and bathroom layouts within a recently renovated income property.

Property SizeContact for details
Days on Market141

Property Features for 438 Central Ave

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 2

Building Details

Year Renovated 2023
Listing Agency: eXp Realty
Listed By: Doug Murphy · License #2013004609
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 1:03AM

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

Investment Insights

Based on property information with market context.

This duplex contains two separate residential units with differing configurations. The lower unit provides three bedrooms and one bathroom, while the upper unit includes two bedrooms and one bathroom. Both units were remodeled and updated in 2023.

The property is located at 438 Central Ave in Newark, Ohio, within Licking County. Its two-unit layout provides a straightforward multifamily configuration for residential occupancy.

Key Highlights

  • Two‑unit duplex configuration
  • Lower unit includes 3 bedrooms and 1 bathroom
  • Upper unit includes 2 bedrooms and 1 bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Furniture & Home Goods Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store Food Market Pharmacy

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

254
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 residential units offer distinct bedroom and bathroom layouts within a recently renovated income property.
Where is this duplex located?
The property is located at 438 Central Ave Newark, OH.
What are key features of this property?
This property features: Two‑unit duplex configuration; Lower unit includes 3 bedrooms and 1 bathroom; Upper unit includes 2 bedrooms and 1 bathroom
More about this property
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