Turnkey 3-Unit Investment Opportunity in Newark
Don't miss this fully renovated triplex located near downtown Newark. All three units have been extensively updated within the last 12 months and feature modern finishes, updated kitchens and baths, and individual PTAC heating and cooling systems for efficient tenant comfort and simplified maintenance.
The property consists of three 1-bedroom, 1-bathroom units, each approximately 500 square feet. Two units are currently occupied, providing immediate income, while the third vacant unit offers an opportunity for an owner-occupant or additional rental income. Current market rents are approximately $925 per month per unit, creating strong upside potential for investors.
Recent renovations make this a low-maintenance addition to any portfolio. Whether you're a seasoned investor or looking to begin building wealth through real estate, this turnkey property offers stable cash flow potential and immediate leasing opportunities.
Financials, rent roll, and additional property information available upon request.
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Zillow last checked:
Listing updated:
Listed by:
Andrew Paul Joseph614-354-4451,
Shai-Hess Commerical Real Estate, LLC
Source: Columbus and Central Ohio Regional MLS ,MLS#: 226024521
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Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 0
Heating
Oil
Cooling
Other
Property
Parking
Total spaces: 3
Lot
Size: 3,920 Square Feet
Details
Parcel number: 05421695400.000
Construction
Type & style
Home type: MultiFamily
Property subtype: Condominium
Condition
Year built: 1968
Major remodel year: 2025
Utilities & green energy
Sewer: Public Sewer, Storm Sewer
Water: Public
Utilities for property: Water Available, Sewer Available, Electricity Available
Community & HOA
Location
Region: Newark
Financial & listing details
Tax assessed value: $104,000
Annual tax amount: $1,371
Date on market: 7/2/2026
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/2/2026
Listed for sale
$269,900+296.9%
Source: Columbus and Central Ohio Regional MLS #226024521Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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