189/191 11Th St Newark, OH 43055
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.