27 Decrow Ave Newark, OH 43055
This exceptional investment opportunity presents a portfolio of six single-family rental units located in Newark, Ohio. The properties, situated at 27 Decrow Avenue, 662 Evans Street, 73 Curtis Avenue, 87 Decrow Avenue, 65 Maholm Street, and 39 N. Morris Street, are currently managed professionally, ensuring stable lease agreements. The asking price for this portfolio is $824,000, translating to a price per square foot of $750.46. The main property at 27 Decrow Avenue is an apartment building constructed in 1935 and sits on a 3,484.8 square foot lot. This multifamily investment offers a compelling return on investment due to the existing stable tenancy. Currently, curb offers are being accepted, and showings will be arranged upon acceptance of an offer. Detailed financial information is available upon execution of a non-disclosure agreement (NDA). This is a rare opportunity to acquire a well-managed, six-unit rental portfolio in a desirable Ohio location. The properties are conveniently located in Newark, OH, zip code 43055, within Licking County. This turnkey investment is ideal for seasoned investors seeking immediate cash flow and long-term appreciation. Don't miss this chance to expand your real estate portfolio with this profitable multifamily offering.
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.