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    189 11Th St Newark, OH 43055
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    Property profile & analytics

    189 11Th St Newark, OH 43055


    • Residential income homes
    • 2,661 SF
    • 0.20 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Residential income homes

    Property Details for 189 11Th St

    Year built
    1920
    Lot size
    0.20 lot acres
    Property size
    2,661 SF
    Property type
    Residential income homes
    Property subtype
    Apartment buildings

    Description

    This charming two-unit duplex presents a compelling investment opportunity in Newark, Ohio. Located near the city's downtown area, this 2-story, 1920-built property boasts 2,661 square feet of net rentable space, spread across two units. Each unit offers three bedrooms and one bathroom, featuring spacious kitchens, dining rooms, living rooms, and in-unit washer/dryer hookups. Unit 189 creatively utilizes the living room as a fourth bedroom. Both units benefit from two off-street parking spaces and share access to a sizable backyard. Separate utilities ensure efficient management. Unit 189 has recently undergone some updates, including a newer kitchen and kitchen flooring, as well as a new furnace. Several windows have also been replaced. The property sits on a 0.2-acre lot and offers convenient access to shopping, dining, entertainment, a hospital, and schools. Its central location provides easy access to major roadways, including SR 16, 49, 79, and 161. A partial basement and walk-up attic provide ample storage space. The asking price is $289,900, translating to $108.94 per square foot and $144,950 per unit. This property offers a strong potential for rental income and appreciation.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Licking
    State
    Ohio
    Longitude
    -82.4174
    Latitude
    40.0607
    More about this property
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