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Triplex With Detached Five-Unit Garage
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214-218 Hudson Avenue, Newark, OH 43055

Income property with separate living spaces, two parcels, and a large off-street parking area.

Property SizeContact for details
Days on Market174

Property Features for 214-218 Hudson Avenue

General Information

Standard status Active
Total Parking Spaces 5
Property subtype Multifamily
Occupancy 100%
Net Operating Income $2,540

Additional Details

Multifamily Units 3

Amenities

off-street parking
detached garage

Building Details

Year Built 1845
Units 3
Listing Agency: I Heart Real Estate
Listed By: Amy Bliss · License #2024004749
Source: Crexi
Added: Mar 11 Changed: Aug 30 Last Checked: Aug 30 at 6:43PM

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.

The Watson Mansion property is an 1845-built triplex with three separate rental units, all currently occupied. The improvements include a detached five-unit garage, providing additional space for storage or small vehicles. A large off-street parking area serves the property, which sits across two parcels.

Located at 214-218 Hudson Avenue in Newark, the property is positioned in the downtown area, with access to nearby dining, shopping, and other downtown amenities. The combination of occupied residential units, separate living areas, parking, and detached garage space defines the property's existing configuration.

Key Highlights

  • Three‑unit triplex with all units currently rented
  • Detached 5‑unit garage for storage or small vehicles
  • Property spans two parcels

Property Analytics

Current Use

Triplexes

Suggested Use

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

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

981
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?
Triplex - Income property with separate living spaces, two parcels, and a large off-street parking area.
Where is this triplex located?
The property is located at 214-218 Hudson Avenue Newark, OH.
What is the asking price?
The asking price for this property is $329,777.
What are key features of this property?
This property features: Three‑unit triplex with all units currently rented; Detached 5‑unit garage for storage or small vehicles; Property spans two parcels
More about this property
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