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Three-Story Brick Duplex
For Sale
$360,000

399 Merchant St Unit 397, Newark, OH 43055

Two multi-level residences are paired with individual garages and an additional lot.

Property SizeContact for details
Days on Market42

Property Features for 399 Merchant St Unit 397

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family

Units

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

Building Details

Year Built 1950
Buildings 1
Stories 3
Construction brick
Listing Agency: Red 1 Realty
Listed By: Vicki D Baxter
Source: Dreamcolumbus
Added: Jul 24 Changed: Aug 31 Last Checked: Sep 1 at 10:08PM

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.

This three-story brick duplex contains two residential units, each arranged with 2 bedrooms, 1 full bath, and a 1-car garage. The property was built in 1950 and includes an additional lot, providing extra outdoor area and possible future development subject to local zoning and approvals.

The property is located at 399 Merchant Street #397 in Newark, Ohio, with access to local amenities, schools, shopping, and major routes. Its two-unit configuration supports residential income use while also accommodating an owner-occupant arrangement.

Key Highlights

  • Three‑story brick duplex with two residential units
  • Each unit includes 2 bedrooms and 1 full bath
  • Each unit has 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two multi-level residences are paired with individual garages and an additional lot.
Where is this duplex located?
The property is located at 399 Merchant St Unit 397 Newark, OH.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Three‑story brick duplex with two residential units; Each unit includes 2 bedrooms and 1 full bath; Each unit has a 1‑car garage
More about this property
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