Property Description

Triplex in the heart of Newark with cash flow and recent updates.Unit C is an efficiency apartment, completely remodeled in 2023 and currently leased at $650/mo. Unit B includes a newer fridge and is leased through Section 8, with $614/mo paid by CMHA and $280/mo by the tenant, totaling $894/mo. Unit A also features a newer fridge.Owner-paid utilities average approximately $500/mo. A small, private parking area is located behind the fenced yard for tenant use.Curb offers only. See A2A for leasing terms.

430 E Main Street | MLS# 226014803

This multi-family property located at 430 E Main Street, Newark, OH 43055 is currently listed for sale with an asking price of $239,900. E Main Street is located within the NEWARK CITY school district. Search Newark real estate on 1009fairoaksavenuesw.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Days on Market: 12

Heating: Forced Air

Lot Size: 0.16 Acres

Taxes: $1,991

Year Built: 1905

Feature Descriptions

Parcel #: 054-193416-00.000

Local Schools

School District: NEWARK CITY

Demographics

Licking County Demographic Information for 430 E Main Street, Newark, OH 43055

Fips

Fips Code 39089

Population

2020 to 2025 Change up 4.0%

2010 Count 166,492

2020 Count 178,519

2025 Estimate (V2025) 185,564

2020 Estimate (V2025) 178,513

Age Distribution (Years Old)

0 to 4 5.2%

5 to 17 22.3%

18 to 64 54.3%

65 and Older 18.2%

Gender

Male 49.4%

Female 50.6%

Place of Birth

Foreign 4.6%

US 95.4%

Education

High School Graduate, Age 25+ 93.5%

Bachelor's Degree or Higher, Age 25+ 29.3%

Computer and Internet use

Households with a computer 95.2%

Households with a broadband Internet subscription 92.4%

Language

English is Second Language, Age 5+ 6.8%

English is First Language, Age 5+ 93.2%

Veterans

Veterans 11,370

Income

Per Capita Income $42,609

Median Household Income $84,426

People in Poverty 9.2%

Commute

Average Work Commute Time 27 minutes

Housing

Total Housing Units 73,313

Households 68,620

Average Household Size 2.60

Owner-Occupied 73.7%

Multi-Family 17.2%

Owner-Occupied Median Value $275,200

Median selected monthly owner costs -with a mortgage $1,693

Median selected monthly owner costs -without a mortgage $631

Median gross rent $1,078

Building Permits

New Private Housing Issued 2024 156

Years at Residence

1 Year or More 90.7%

Less Than 1 Year 9.3%

Business and Employment

Private non-farm Establishments 3,277

Private non-farm Employment 77,088

Private non-farm Employment Growth up 2.2%

Nonemployer Establishments 13,733

Number of Firms 2,336

Business Production

Value of Shipments $3,385,197,000

Wholesale Trade $967,362,000

Retail Trade $2,497,946,000

Retail Sales Per Capita $14,653

Accommodation and Food Services $240,471,000

Land

Land Area 682.50 sq. miles

Population Per Square Mile 244

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,467.95 per month $1,232.06 Principal & Interest $165.92 Property Tax $69.97 Homeowner's Insurance

Change Payment Information

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430 E Main StreetNewark, OH 43055