45 S 5th St Newark, OH 43055
Estimated payment $2,614/month
About This Home
Perfect opportunity to own an investment property in the beautiful downtown Newark. Located in the Special Improvement District (SID). 2 Story, 2,870 sf, well maintained 5 Unit Apartment Building features 4 Studio Units on 1st floor and 1 Bed/1Bath Unit on 2nd floor. All units offer washer/dryer hookups, off street/on street parking spaces. (4) Units currently rent for $800/ mo and (1) Unit $760 /mo. 2nd Flr Unit has long term tenant. New roof within 5 yrs, exterior paint, new windows upstairs, some replacements downstairs, (2) 1st Flr Units currently being updated. Storage shed on site.
Easy access to SR 16/40/79/161 and I70/270/71.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,952
Year Built
- Built in 1920
Parking
- 4 Parking Spaces
Home Design
- 2,870 Sq Ft Home
- Brick Exterior Construction
Utilities
- Window Unit Cooling System
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Available
Additional Features
- Washer and Dryer Hookup
- 4,792 Sq Ft Lot
- Basement
Community Details
- 5 Units
- Mid-Rise Condominium
Listing and Financial Details
- Assessor Parcel Number 054-203130-00.000
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 | $2,376 | $44,520 | $15,890 | $28,630 |
| 2023 | $2,372 | $44,520 | $15,890 | $28,630 |
| 2022 | $1,386 | $26,570 | $8,720 | $17,850 |
| 2021 | $1,453 | $26,570 | $8,720 | $17,850 |
| 2020 | $1,478 | $26,570 | $8,720 | $17,850 |
| 2019 | $1,486 | $26,570 | $8,720 | $17,850 |
| 2018 | $1,497 | $0 | $0 | $0 |
| 2017 | $1,426 | $0 | $0 | $0 |
| 2016 | $1,348 | $0 | $0 | $0 |
| 2015 | $1,380 | $0 | $0 | $0 |
| 2014 | $791 | $0 | $0 | $0 |
| 2013 | $1,328 | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/18/2024 09/18/24 | Price Changed | $449,900 | -7.0% | $157 / Sq Ft |
| 07/16/2024 07/16/24 | For Sale | $484,000 | -- | $169 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
MLS Number: 224024323
APN: 054-203130-00.000
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