$169,000
$11K PRICE DROP

561 W Main St Newark, OH 43055

Estimated payment $1,031/month

Total Views 16,870
4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Wood Flooring
  • Dining Room
  • Heating Available
  • Living Room
  • Wood Siding

About This Home

Step into this inviting, historic duplex at 561 W Main St, Newark, OH, offering the perfect blend of classic charm and modern convenience. Built in 1900, this well-maintained property boasts a spacious 1,793 sq ft of living space across two units, each featuring 3 bedrooms and 1 bathroom. Whether you're seeking a home to live in while earning rental income or a solid investment property, this duplex is a fantastic choice. Located in the heart of Newark's historic district, you'll enjoy easy access to downtown amenities, vibrant dining options, boutique shopping, and the picturesque courthouse square. The property features thoughtful layouts that preserve architectural details while accommodating contemporary living. Commuters will appreciate the proximity to major highways and public transportation options, making this an ideal location for professionals seeking small-town charm with city conveniences. Situated on tree-lined streets in a neighborhood known for community events and local pride, 561 W Main St represents the authentic character and welcoming atmosphere that makes Newark special. Experience the best of both worlds-historical character and contemporary amenities-all in a prime location. Please note: This property is being sold as-is, offering a great opportunity to put your own finishing touches or add to your rental portfolio. CURRENT RENTAL INCOME $1645/mo

Last Listed By

Steven Baldwin

Listed on: 04/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,603

Year Built

  • Built in 1900 | Remodeled in 1924

Home Design

  • Frame Construction
  • Slate Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Partial Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 10,019 Sq Ft Lot
  • Heating Available

Community Details

  • 00300 Newark S 21St St Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,603

Year Built

Built in 1900 | Remodeled in 1924

Lot Details

0

Listing Details

  • FloorCarpet: Yes
  • FloorHardwood: Yes
  • HamletID: 0
  • InteriorAmps: 0
  • LandFrontageInFeet: 0
  • LandRentAmount: 0
  • LastPriceValue: 164000
  • Lot Size Acres: 0.23
  • Number Of Stories: 2
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Newark
  • Prop. Type: Multi-Unit (2-4)
  • PropertyZipCode: 43055
  • PropertyZoneType: 0
  • RenovationComments: CURRENT RENTAL INCOME $1645/mo
  • Renovation Year: 1924
  • ResidentialStyle: 2600
  • RoofSlate: Yes
  • Dining Room: Yes
  • Kitchen: Yes
  • Primary Bedroom: Yes
  • SForSaleAndRForRental: S
  • SidingWood: Yes
  • USStateAbbreviation: OH
  • ViewStreet: Yes
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Renovated: 1924

Interior Features

  • BasementAreaSquareFootage: 654
  • Basement Type: Partial
  • BasementUnfinished: Yes
  • Fireplaces: 0
  • Number of Rooms: 6
  • Living Room: Yes
  • AboveArea Sq Ft: 0

Exterior Features

  • Construction Type: Frame

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Utilities

  • Primary Heat Type Other: Yes
  • Utilities: 0

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Schools

  • School District: Newark CSD
  • School District: Newark CSD

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 4
  • Total Taxes: 1603

Tax Info

  • Tax Year: 0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,220 $41,590 $8,930 $32,660
2023 $1,600 $41,590 $8,930 $32,660
2022 $938 $22,720 $8,440 $14,280
2021 $983 $22,720 $8,440 $14,280
2020 $1,006 $22,720 $8,440 $14,280
2019 $817 $17,750 $6,480 $11,270
2018 $818 $0 $0 $0
2017 $783 $0 $0 $0
2016 $915 $0 $0 $0
2015 $935 $0 $0 $0
2014 $1,165 $0 $0 $0
2013 $987 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Price Changed $164,000 -8.9% --
04/24/2025 04/24/25 For Sale $180,000 +176.9% --
06/05/2019 06/05/19 Sold $65,000 -7.0% $36 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
05/04/2019 05/04/19 For Sale $69,900 -- $39 / Sq Ft
Source: My State MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $65,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $144,750 Commercial
Closed $58,000 Construction
Previous Owner $40,500 New Conventional
Previous Owner $40,600 New Conventional
Source: Public Records

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Source: My State MLS

MLS Number: 11481718

APN: 054-225096-00.000