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Duplex with Private Backyards
New
For Sale
$260,000

723 Wesley Avenue, Newark, OH 43055

Two updated apartments with established tenants and separately maintained outdoor spaces.

Property SizeContact for details
Days on Market5

Property Features for 723 Wesley Avenue

General Information

Standard status Active
Property subtype Duplex

Units

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

Taxes and HOA fees

Annual Taxes $2,040

Building Details

Year Built 1996
Buildings 1
Listing Agency: Coldwell Banker Realty
Listed By: Thomas A McKee
Source: Camtaylor
Added: Aug 26 Changed: Aug 29 Last Checked: Aug 29 at 10:07PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

Built in 1996, this duplex contains two apartments, each arranged with 2 bedrooms, 1 full bath, and a private backyard. Both units have received updates within the past 8 years, including central A/C and water heaters installed within the last 3 years. The roof was replaced in 2015.

The property is occupied by long-term tenants. Ownership covers trash service, lawn care, and snow removal, while tenants pay all other utilities. The offering is available through curb offers only.

Key Highlights

  • Two‑unit duplex built in 1996
  • Each apartment includes 2 bedrooms, 1 full bath, and a private backyard
  • Both units updated within the past 8 years

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Big Box & Wholesale Store Building Supply Pharmacy

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

124
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two updated apartments with established tenants and separately maintained outdoor spaces.
Where is this duplex located?
The property is located at 723 Wesley Avenue Newark, OH.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1996; Each apartment includes 2 bedrooms, 1 full bath, and a private backyard; Both units updated within the past 8 years
More about this property
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