About this home
This excellent investment opportunity features a 14-unit all encompassing garden-style apartment building, with one parking lot, one building, roof, waterline, etc. This property is situated on a ±0.43-acre lot in Newark, Ohio, comprising of seven upper-level units and seven main-level units. Each one-bedroom, one-bathroom layout includes comfortable living and kitchen spaces, with many units recently updated. The property benefits from strong, stable demand driven by four long-term military tenants and five tenants utilizing guaranteed-rent LMHA assistance, delivering reliable cash flow. Operational efficiency and tenant convenience are further enhanced by professional lawn care, street parking alongside 20 on-site rear spaces, and valuable on-site amenities including a laundry facility and downstairs storage units that generate an additional income stream (with the Jetz laundry contract running through August 2027). The property boasts solid maintenance history, featuring five water tanks and four AC units replaced within the past three years. (Note: Sales are conducted via curb offers only--please respect tenant privacy and do not disturb occupants.)
Key facts
- Status
- Active
- Type
- Midrise
- Days on market
- 3
- Property taxes
- about $9,655/yr
- Subdivision
- Historic Hudson District
- County
- Licking
- MLS #
- 226039517
- Listing brokerage
- Best Corporate Real Estate
- Listing agent
- Valerie Tivin
- Listing brokerage contact
- 614-559-3350
Lot and parking
- Lot size
- 0.43 acres
- Lot square feet
- 18,730
- Parking
- Common
- Total parking
- 20
Systems and utilities
- Utilities
- Water Available, Sewer Available, Electricity Available
- Sewer
- Public Sewer
Taxes and HOA
- Property taxes
- about $9,655 a year
- Tax year
- 2025
- Parcel number
- 054-270222-00.000
Schools
- District
- Newark CSD
Around it
ZIP 43055: 144 homes for sale · sold prices. Licking County: 497 homes for sale · county sold data. Town: everything for sale in Newark · Newark sold prices and days on market.
Is it priced right?
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Shown here through the MLS IDX program by Blacktree Realty. Listing information is provided by the Columbus and Central Ohio Regional MLS through the Internet Data Exchange program and is deemed reliable but not guaranteed. Listings held by brokerages other than Blacktree Realty are identified with the listing brokerage's name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated Oct 19, 2026, 6:08 PM.