W Main and 11th Portfolio Multi-Family FOR SALE


Newark, OH - Downtown Newark
$1,839,000 USD
, Newark, OH for Sale
$1,839,000 USD
Multi-Family - FOR SALE
1/18
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W Main and 11th Portfolio
Newark, OH
Downtown Newark


OVERVIEW

This exceptional investment opportunity features a portfolio of 12 single-family homes and 2 duplexes, totaling 16 units with a combined 25,575 SF. The unit mix includes 10 three-bed, one-bath homes; 3 two-bed, one-bath homes; 2 one-bed, 1.5-bath units; and 1 three-bed, two-bath home, with an average size of 1,514 SF per unit. With consistently low vacancy rates and long-term, month-to-month tenants, the portfolio offers stable cash flow. A scheduled rent increase on May 1 further enhances its income potential. Ideal for multifamily or single-family rental investors seeking a reliable, income-generating asset with growth potential. Additional information is available upon signing an NDA. Situated in the heart of Newark, OH, this portfolio of single-family homes offers prime accessibility and convenience. Located near the intersection of W Main Street and 11th Street, residents enjoy proximity to Newark Station, a vibrant destination featuring a café, restaurant, and outdoor volleyball courts. Just minutes from downtown Newark, the area offers a variety of dining, shopping, and entertainment options. The nearby Evans Foundation Park provides green space and recreational opportunities, while the bustling SR-16 corridor ensures easy connectivity. This dynamic location combines urban convenience with neighborhood charm, making it an ideal setting for residents and a promising investment opportunity.

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