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Three-Story Brick Duplex
For Sale
$370,000

399 Merchant Street, Newark, OH 43055

MULTI_FAMILY - Newark, OH

Property SizeContact for details
Lot Size0.44 Acres
Days on Market47

Property Features for 399 Merchant Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 2
Subdivision Newark - Granville St
Elementary school district NEWARK CSD 4507 LIC CO.
Middle school district NEWARK CSD 4507 LIC CO.
High school district NEWARK CSD 4507 LIC CO.
Standard status Active
APN 054-247170-00.000
Lot size 0.44 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2385

Building Details

Year built 1950
Number of units 2
Listing Agency: Red 1 Realty
Listed By: Vicki D Baxter
Added: Jun 24 Changed: Aug 9 Last Checked: Aug 9 at 1:06AM
MLS# 226023223

Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-story brick duplex includes two spacious units, with each unit featuring two bedrooms and one full bath. Both units also include a 1-car garage, supported by multi-level floor plans designed for comfortable day-to-day living.

The property sits on a 0.44-acre lot and also includes an additional lot. The extra land provides room for outdoor use such as recreation or gardening, and may support future expansion or development subject to local zoning and approvals.

Built in 1950, the duplex is positioned for tenants or owner-occupants who want straightforward, self-contained living spaces in a two-unit layout.

Key Highlights

  • Three‑story brick duplex with two units
  • Each unit has two bedrooms and one full bath
  • 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

398
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 - Two-unit duplex built in 1950 with each unit offering two bedrooms, one full bath, and a 1-car garage.
Where is this duplex located?
The property is located at 399 Merchant Street 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 units; Each unit has two bedrooms and one full bath; Each unit includes a 1‑car garage
More about this property
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