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Three-Story Brick Duplex
For Sale
$370,000

397-399 Merchant St, Newark, OH 43055

Each residence offers a multi-level layout with a full bath and private one-car garage.

Property SizeContact for details
Days on Market50

Property Features for 397-399 Merchant St

General Information

Standard status Active
Property subtype Residential Income

Units

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

Taxes and HOA fees

Annual Taxes $2,385

Building Details

Buildings 1
Stories 3
Construction Brick
Listing Agency: Red 1 Realty
Listed By: Vicki D Baxter
Source: Exprealty
Added: Jun 24 Changed: Aug 9 Last Checked: Aug 11 at 9:48AM

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.

Located at 397-399 Merchant St in Newark, Ohio, this three-story brick duplex contains two residential units with functional multi-level floor plans. Each unit includes 2 bedrooms, 1 full bath, and a 1-car garage. The property also features generous room sizes and abundant natural light within both residences.

An additional lot accompanies the duplex, providing space for recreation, gardening, or potential expansion or future development subject to local zoning and approvals. The property offers access to schools, shopping, local amenities, and major routes, supporting convenient day-to-day access for residents.

Key Highlights

  • Three‑story brick duplex with two residential units
  • Each unit includes 2 bedrooms, 1 full bath, and a 1‑car garage
  • Multi‑level floor plans with generous room sizes

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Pharmacy Electrical Service Cafe & Coffee Shop Dental Office (Bike/Boat/Book/etc) Store

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

299
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 - Each residence offers a multi-level layout with a full bath and private one-car garage.
Where is this duplex located?
The property is located at 397-399 Merchant St Newark, OH.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Three‑story brick duplex with two residential units; Each unit includes 2 bedrooms, 1 full bath, and a 1‑car garage; Multi‑level floor plans with generous room sizes
More about this property
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