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Three-Story Brick Duplex
For Sale
$380,000

399 Merchant Street 397, Newark, OH 43055

Two residential units offer garages, flexible living layouts, and an additional lot for possible future use subject to approvals.

Property SizeContact for details
Days on Market47

Property Features for 399 Merchant Street 397

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Duplex

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2
Parking per Unit 1

Taxes and HOA fees

Annual Taxes $2,385

Building Details

Year Built 1950
Buildings 1
Stories 3
Construction brick
Listing Agency: Red 1 Realty
Listed By: Vicki D Baxter
Source: Camtaylor
Added: Jun 24 Changed: Aug 8 Last Checked: Aug 8 at 9:31AM

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 399 Merchant Street in Newark, Ohio, this three-story brick duplex was built in 1950 and contains two residential units. Each unit has two bedrooms, one full bathroom, and a one-car garage, with multi-level interiors designed for everyday residential use. The property is suited to continued tenant occupancy or an owner-occupant arrangement.

An additional lot accompanies the building, creating space for recreation, gardening, or possible expansion and future development, subject to local zoning and required approvals. The units feature generous room dimensions, natural light, and practical floor plans. Local access connects the property with area schools, shopping, amenities, and major routes.

Key Highlights

  • Two‑unit duplex with each residence offering 2 bedrooms and 1 full bath
  • Three‑story brick construction completed in 1950
  • Each unit includes a 1‑car garage

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
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer garages, flexible living layouts, and an additional lot for possible future use subject to approvals.
Where is this duplex located?
The property is located at 399 Merchant Street 397 Newark, OH.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Two‑unit duplex with each residence offering 2 bedrooms and 1 full bath; Three‑story brick construction completed in 1950; Each unit includes a 1‑car garage
More about this property
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