152 Isabelle Rd Newark, OH 43055
Estimated payment $6,591/month
About This Home
CALLING ALL INVESTORS! GREAT OPPORTUNITY TO OWN SEVERAL UNITS ON THE SAME ROAD. This is an inflation proof investment, as prices go up so does the rent. Selling as one package and will NOT split. This includes 8 rental units (4 duplex buildings) all on Isabelle Road in Newark. Each unit is 750 sq ft | 2 bedrooms | 1 bath townhomes. Average rent for each unit is $850 per month and can go up at the renewal of the lease agreements. All units are tenant occupied,tenants pay their own utilities. Accepting curb offers only. Properties can be viewed & inspected when an acceptable offer has been agreed to. Conveniently located to State Route 13, minutes to State Route 16 | 161 making a commute to Intel, Google, Amazon, etc a breeze. Close to many retailers and restaurants
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,906
Year Built
- Built in 1950
Lot Details
- 8,276 Sq Ft Lot
- Additional Parcels
Parking
- Off-Street Parking
Home Design
- 1,584 Sq Ft Home
- Duplex
- Vinyl Siding
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number 054-207378-00.000
Community Details
Overview
- 4 Buildings
- 8 Units
Building Details
- Operating Expense $9,364
- Gross Income $81,600
- Net Operating Income $72,236
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,292 | $42,950 | $14,070 | $28,880 |
| 2023 | $1,571 | $42,950 | $14,070 | $28,880 |
| 2022 | $1,186 | $25,590 | $7,040 | $18,550 |
| 2021 | $1,212 | $25,590 | $7,040 | $18,550 |
| 2020 | $1,431 | $25,590 | $7,040 | $18,550 |
| 2019 | $1,029 | $22,510 | $7,040 | $15,470 |
| 2018 | $1,029 | $0 | $0 | $0 |
| 2017 | $1,050 | $0 | $0 | $0 |
| 2016 | $928 | $0 | $0 | $0 |
| 2015 | $1,305 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | $1,014 | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2025 05/06/25 | For Sale | $1,100,000 | -- | $694 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $95,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Deed | $67,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $54,300 | New Conventional |
Source: Columbus and Central Ohio Regional MLS
MLS Number: 225015301
APN: 054-207378-00.000
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