Property profile

45 5Th St Newark, OH 43055

OFF-MARKET
Multifamily properties
2,870 SF 0.11 ac lot Built 1920
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Property summary

AI-generated overview

A two-story, 2,870-square-foot apartment building located in downtown Newark within the Special Improvement District (SID). The property is configured as five residential units: four studio apartments on the first floor and one one-bedroom, one-bathroom apartment on the second floor. Each unit includes washer and dryer hookups. Parking is available via both off-street and on-street spaces. The building has had exterior and envelope updates including a roof replacement within the past five years, recent exterior painting, new windows on the upper level, and some window replacements on the lower level. A storage shed is on-site. The property sits on a 0.11-acre lot and is positioned with convenient access to State Routes 16, 40, 79, and 161, as well as Interstates 70, 270, and 71.

Property profile

Verified
Property type Multifamily properties
Year built 1920
Total area 2,870 SF
Lot 0.11 ac (4,966 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

45 5Th St Newark, OH 43055
Newark metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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