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Updated Duplex
New
For Sale
$215,000

646 Mount Vernon Road, Newark, OH 43055

Multi-Family, Newark, OH

Property SizeContact for details
Lot Size0.20 Acres
Days on Market5

Property Features for 646 Mount Vernon Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Rooms Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 2
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 054-281652-00.000
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1934

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1955
Number of units 2
Listing Agency: Fathom Realty Ohio
Listed By: Michael V Dippold · License #658012528
Added: Oct 13 Changed: Oct 17 Last Checked: Oct 17 at 7:06PM
MLS# 226038994

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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Investment Insights

Based on property information with market context.

This duplex contains two residences with differing occupancy and condition: one is vacant and has been updated, while the other is occupied by a long-term tenant and will need updating. Forced-air heating serves the property, which was built in 1955.

The 0.2-acre parcel has rear parking accessed from an alley off Stevens Street. Public water and public sewer are available.

Key Highlights

  • Two‑unit duplex built in 1955
  • One residence is vacant and updated; the other has a long‑term tenant and needs updating
  • 0.2‑acre parcel with rear parking accessed via an alley off Stevens Street

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Electrical Service Furniture & Home Goods Daycare Center

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

214
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

Frequently Asked Questions

What type of property is this?
Duplex - One residence is vacant and renovated, while the other has a long-term tenant and needs updating.
Where is this duplex located?
The property is located at 646 Mount Vernon Road Newark, OH.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1955; One residence is vacant and updated; the other has a long‑term tenant and needs updating; 0.2‑acre parcel with rear parking accessed via an alley off Stevens Street
More about this property
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