5-Unit Apartment
New
For Sale
$299,900
51 E North Street, Newark, OH 43055
Multi-Family, Newark, OH
Property SizeContact for details
Lot Size0.14 Acres
Days on Market5
Property Features for 51 E North Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Rooms
Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 3
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
054-277188-00.000
Lot size
0.14 Acres
Additional Details
Tenant in Place
Yes
Individually Metered Utilities
gas
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1744
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1918
Number of units
5
Listing Agency:
Red 1 Realty
(614) 585-9020
Listed By:
Matthew R Paley · License #2015003014
(740) 475-9582
Added: Oct 29
Changed: Nov 1
Last Checked: Nov 2 at 2:06AM
MLS# 226041234
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This five-unit apartment building dates to 1918 and sits on a 0.14-acre lot. The property is fully occupied and has forced-air heating, public water, and public sewer. Two new furnaces are among the building’s recent upgrades.
Each apartment has a separate gas meter. The building has one electric service, with usage billed directly to tenants through proration.
Each apartment has a separate gas meter. The building has one electric service, with usage billed directly to tenants through proration.
Key Highlights
- Five apartments; all units are occupied
- Two new furnaces
- Separate gas meters serve each unit
Property Analytics
Who owns this building?
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Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
269
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - All five apartments are occupied, with individual gas meters and two new furnaces.
Where is this apartment building located?
The property is located at 51 E North Street Newark, OH.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Five apartments; all units are occupied; Two new furnaces; Separate gas meters serve each unit
