Don't miss this incredible opportunity to own a well-maintained Fourplex in the heart of Newark, Ohio! Conveniently located near 21st Street and Newark High School, this multi-family property features four spacious one-bedroom, loft-style units, each with private porches and outdoor storage closets.
Property Highlights:
✅ Four one-bedroom units with recent updates
✅ Prime location near schools, shopping, and amenities
✅ Three units currently leased - immediate rental income!
✅ Numerous upgrades throughout (see full list in attached documents)
📊 Full financials available upon request for qualified buyers.
This is a fantastic investment opportunity with reliable rental income and significant upgrades already completed.
Sold for $250,000
$250,000
259 Merchant St, Newark, OH 43055
--beds
0baths
--sqft
Mixed Use
Built in 1968
-- sqft lot
$-- Zestimate®
$--/sqft
$1,162 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,162/mo
Zestimate® history
Owner options
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$1,162/mo
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$1,162/mo
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$1,650/mo
Est. payment
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$1,650/mo
Est. payment
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List your homeWhat's special
Private porchesSpacious one-bedroom loft-style unitsOutdoor storage closets
Zillow last checked:
Listing updated:
Listed by:
Katie Richards 740-587-4983,
Keller Williams Greater Cols
Bought with:
Katie Richards, 423379
Keller Williams Greater Cols
Source: Columbus and Central Ohio Regional MLS ,MLS#: 225006423
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Oil
Cooling
- Other
Property
Parking
- Total spaces: 4
Lot
- Size: 9,583 sqft
Details
- Parcel number: 05424690600.000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Condition
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Water Available, Sewer Available, Electricity Available
Community & neighborhood
Location
- Region: Newark
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2025 | Sold | $250,000 |
Source:  Columbus and Central Ohio Regional MLS #225006423 Report a problem | ||
| 3/7/2025 | Contingent | $250,000 |
Source: Columbus and Central Ohio Regional MLS #225006423 Report a problem | ||
| 3/5/2025 | Listed for sale | $250,000+212.5% |
Source: Columbus and Central Ohio Regional MLS #225006423 Report a problem | ||
| 8/13/1998 | Sold | $80,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,537 +2.2% | $60,235 |
| 2024 | $2,484 +0.2% | $60,235 |
| 2023 | $2,479 +18.9% | $60,235 |
| 2022 | $2,085 -5.1% | -- |
| 2021 | $2,196 -1.8% | -- |
| 2020 | $2,237 -0.6% | -- |
| 2019 | $2,250 -0.8% | -- |
| 2018 | $2,267 -10.8% | -- |
| 2017 | $2,541 +13% | -- |
| 2016 | $2,248 -2.3% | -- |
| 2015 | $2,301 | -- |
| 2014 | $2,301 +3.8% | -- |
| 2013 | $2,217 -14.2% | -- |
| 2012 | $2,583 -1.9% | -- |
| 2011 | $2,632 +18.6% | -- |
| 2010 | $2,219 | $38,080 |
| 2009 | -- | $38,080 |
| 2008 | $1,616 -5.2% | $38,080 -6.4% |
| 2007 | $1,705 +0.3% | $40,670 |
| 2006 | $1,700 +1.8% | $40,670 |
| 2005 | $1,670 +17.8% | $40,670 +9.2% |
| 2004 | $1,417 +16.2% | $37,240 |
| 2003 | $1,219 -0.8% | $37,240 |
| 2002 | $1,228 | $37,240 |
Find assessor info on the county website
Neighborhood: 43055
Nearby schools
GreatSchools rating
- 5/10John Clem Elementary SchoolGrades: K-5Distance: 0.9 mi
- 7/10Liberty Middle SchoolGrades: 6-8Distance: 1.9 mi
- 3/10Newark High SchoolGrades: 9-12Distance: 0.4 mi
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- Ohio
- Licking County
- Newark
- 43055
- 259 Merchant St
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