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2-Unit Brick Duplex
For Sale
$350,000
Pending

399 Merchant Street 397, Newark, OH 43055

Both residences include two bedrooms, one full bath, and a one-car garage.

Property SizeContact for details
Days on Market14

Property Features for 399 Merchant Street 397

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Duplex

Units

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

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: Oct 1 Changed: Oct 4 Last Checked: Oct 13 at 2:22AM

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.

Built in 1950, this three-story brick duplex contains two residences. Each unit has two bedrooms, one full bath, and a one-car garage. An additional lot is included with the property.

Key Highlights

  • Two residential units, each with 2 bedrooms and 1 full bath
  • One‑car garage for each unit
  • Three‑story brick building, constructed in 1950

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Both residences include two bedrooms, one full bath, and a one-car garage.
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 $350,000.
What are key features of this property?
This property features: Two residential units, each with 2 bedrooms and 1 full bath; One‑car garage for each unit; Three‑story brick building, constructed in 1950
More about this property
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