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Property profile & analytics
OFF-MARKET
Apartment buildings

189/191 11Th St Newark, OH 43055

Built 1920
Property ID
Property summary
AI-generated overview

This well-maintained 1920s two-story duplex in Newark, Ohio presents a compelling investment opportunity. Located near downtown, this property offers convenient access to shopping, dining, entertainment, a hospital, and schools. The property boasts two units, each featuring three bedrooms and one bathroom. Each unit includes a spacious kitchen, dining room, living room, and washer/dryer hookups. Unit 189 utilizes the living room as a fourth bedroom. Both units benefit from two off-street parking spaces and a large backyard. Partial basements and walk-up attics provide additional storage. Separate utilities are a key feature. Unit 189 has been updated with a newer kitchen, kitchen flooring, and furnace. Some windows have also been recently replaced. The property sits on an 8,712 square foot lot. The asking price is $289,900, translating to $108.94 per square foot. Its central location near SR 16/49/79/161 adds to its appeal. This property is ideal for investors seeking a strong return in a desirable Ohio location.

Property profile
Verified
Property type Apartment buildings
Year built 1920
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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