Multifamily

Newark, OH Multifamily Properties for Sale

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Found 30 multifamily properties for sale in Newark, OH, averaging $86/sq ft. Use valuation data to compare deals faster.
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Updated Duplex
Updated: Oct 13
Updated Duplex

646 Mount Vernon Road, Newark, OH 43055

$215,000
0.20 AC lot
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
Forced‑air heating, public water and public sewer
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Duplex with Updated Systems
Updated: Jul 23
Duplex with Updated Systems

112 W Locust Street, Newark, OH 43055

$174,900
0.11 AC lot
Two‑unit duplex with 2 bedrooms and 1 full bathroom per unit
Lower unit includes a new hot water tank
Upper unit has a new furnace and a new hot water tank
Washer and dryer hookups in both units
Built in 1920 on a 0.11‑acre lot
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Two-Unit Duplex
Two-Unit Duplex

145 W Railroad Street, Newark, OH 43055

$194,900
0.07 AC lot

Each residence has two bedrooms and one full bathroom and is presently occupied by tenants.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

189/191 Clinton St, Newark, OH 43055

$184,900
1,904 sqft

Fully occupied duplex with two-bedroom layouts, recent mechanical upgrades, and a 2025 renovation in one unit.

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Remodeled Two-Unit Duplex
Remodeled Two-Unit Duplex

189/191 Clinton Street, Newark, OH 43055

$184,900
0.17 AC lot

Both residences feature two-bedroom layouts, central air, and public water and sewer service.

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Three-Story Brick Duplex
Three-Story Brick Duplex

399 Merchant Street, Newark, OH 43055

$350,000
0.44 AC lot

Each residence offers two bedrooms, one full bath, and a one-car garage.

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Two-Unit Duplex
Two-Unit Duplex

145 W Railroad St, Newark, OH 43055

$194,900
1,644 sqft

Both residences are occupied and offer matching two-bedroom, one-bathroom layouts.

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Duplex Rehabilitation Property
Duplex Rehabilitation Property

108 W Locust St, Newark, OH 43055

$119,000
2,748 sqft

Duplex requiring comprehensive rehabilitation.

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Updated Duplex with Two Units
Updated Duplex with Two Units

47 Penney Ave, Newark, OH 43055

$219,000
1,900 sqft

Two-unit property with refreshed kitchens, flooring, furnaces, and plumbing, plus laundry hookups in each residence.

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Mixed-Use Property with Storage
Mixed-Use Property with Storage

1675, 1695 & 1699 Mount Vernon Road, Newark, OH 43055

$6,200,000

The property combines self-storage, one-bedroom apartments, office space, and two on-site homes.

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Mixed-Use Property with Event Space
Mixed-Use Property with Event Space

344 Darla Dr, Newark, OH 43055

$750,000

An attached duplex and surface lot serve alongside the dedicated event facility.

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Mixed-Use Property with Storage
Mixed-Use Property with Storage

16751699 1675-1699 Mount Vernon Rd, Newark, OH 43055

$6,200,000

Multi-component property combining self-storage, apartments, office space, and two on-site homes along SR-13.

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Updated Side-by-Side Duplex
Updated Side-by-Side Duplex

2022 20/22 S Williams St, Newark, OH 43055

$299,999

Both residences are leased and include three bedrooms, one-and-a-half baths, and central air.

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2-Unit Residential Duplex
2-Unit Residential Duplex

112 W Locust St Unit 112, Newark, OH 43055

$174,900

Each residence has two bedrooms, one full bath, and washer and dryer hookups.

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Updated Duplex With Fenced Yards
Updated Duplex With Fenced Yards

351353 351-353 Barclay St, Newark, OH 43055

$189,900

Both residences are leased month to month and include washer and dryer connections, with appliances included in the sale.

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Updated Duplex
Updated Duplex

646 Mount Vernon Road, Newark, OH 43055

$215,000

One residence has been refreshed and is vacant, while the second is occupied by a month-to-month tenant.

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Three-Unit Multifamily Building
Three-Unit Multifamily Building

177 Clinton Street, 179, Newark, OH 43055

$265,000

Residential income property with three separate units and layouts described as spacious.

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Renovated Duplex with Two Units
Renovated Duplex with Two Units

47 S 6th Street, Newark, OH 43055

$195,000

Fully occupied two-unit property with HUD inspection and substantial 2025 updates.

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Two-Unit Duplex with Updated Systems
Two-Unit Duplex with Updated Systems

112-112 W Locust St, Newark, OH 43055

$174,900

Two similarly configured residences offer laundry hookups and separate recent mechanical upgrades.

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Remodeled Two-Unit Duplex
Remodeled Two-Unit Duplex

189191 189/191 Clinton St Unit 2, Newark, OH 43055

$184,900

Fully occupied residential income property with two-bedroom units and recent capital improvements.

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Updated Side-by-Side Duplex
Updated Side-by-Side Duplex

20/22 S 22nd St, Newark, OH 43055

$299,999

Both leased units feature three bedrooms, basement access, central air, and outdoor porch and patio areas.

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Three-Unit Multifamily Building
Three-Unit Multifamily Building

179-177 Clinton St, Newark, OH 43055

$265,000

Income-producing residential property near schools, shopping, and restaurants.

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Residential Income Duplex
Residential Income Duplex

20/22 S Williams Street Newark OH 43055, Newark, OH 43055

$299,999

Duplex residential income property offered for sale at 20/22 S Williams Street in Newark, Ohio.

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Duplex with Build-Out Opportunity
Duplex with Build-Out Opportunity

151 N Cedar St, Newark, OH 43055

$85,000
1,570 sqft

One unit is tenant-occupied, while the other is ready for interior reconstruction.

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Newark, OH Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Newark, OH, showcased through 30 active listings on our real estate platform. These investment opportunities span a total of 9,766 square feet of properties for sale, with an estimated market value of $18,337,097.

Sale prices for multifamily properties in Newark, OH start at $85,000, averaging $705,272, and reaching up to $6,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 24
Apartment buildings 4
Triplexes 2
Quadplexes 1

Demographics Overview

Population 80K
Population Growth (5Y) -3.4%
Median Household Income $65,084
College Educated 16.2%

High-Yield Neighborhoods for Investment

Identify Newark submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
43055 $797.5K

Taxes & Financing

Tax Rate (average for all types) 3.93%
Property Tax per SF $73.44 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Licking County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Newark fall within the 50,000 to 100,000 square foot range.

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