3 months on rocket

178 S 4th St, Newark, OH, 43055

$188,777

Home List Price

$2,242*

Closing Credit

0 Baths
Multi

Location

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178 S 4th St, Newark$188,777

Buyer Closing Credits

$2,242*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Parking2 Off Street, On Street
Year Built1908
HeatingForced Air
MLS #224028026
Lot Size0.15 Acres
StatusActive

About 178 S 4th St

Here is an excellent investment opportunity with a cap rate approaching 10% generating right at $1900 per month for both units. This duplex already has tenants in both units who are looking to stay! The downstairs unit features hard wood flooring, doors and trim, plenty of windows for natural sunlight, tall ceilings, 2 bedrooms, 1 full bath, a spacious kitchen and a private back deck! The upstairs unit is 1 bedroom, 1 bath, with plush carpet and faux-wood flooring, with a good sized kitchen and a relaxing living room. The upstairs unit has a new furnace, Pex plumbing and LVP flooring. This is a great investment property for anyone looking to get into rentals or to add to your portfolio! Curb offers only with walk-thru within 48 hours of contract, call your agent today!

Property Details

Property Features

Property Information:

  • Year Built: 1908

Listing Office:

  • Office Name: Sell For One Percent
  • Listing Agent: Jaime Barlow

Exterior Features

Parking Information:

  • Parking: 2 Off Street, On Street

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $188,777

Tax Information:

  • Annual Amount: $438
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Newark, OH.

Med. Sold Price

$226.2K

Med. Price/SqFt

$160

Avg. Days On Market

62

# of Sold Homes

5

178 S 4th St vs Newark

102 DAYS ON ROCKET

+40 Days

$188,777

-$37.4K Less

KEY TAKEAWAY

This property is $37.4K less than the Median Sold Price in Newark, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #224028026

Listing Office:

  • Office Name: Sell For One Percent
  • Listing Agent: Jaime Barlow

IDX The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

Copyright © 2024 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 13, 2019Home Sold
$28,000

Tax History

YEARPROP. TAXASSESSMENT
2020$438$9,810
2019$778$16,905
2018$779$16,905
2017$746$16,905

History based on county public records data.

Payment Calculator

$1,010

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$632

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-191596
5
/10
  • Ben Franklin Elementary School

  • 533 Beacon Rd

  • 0.58 miles

  • Public District Grades PK-5

school-card-donut-191597
5
/10
  • Carson Elementary School

  • 549 E Main St

  • 1.20 miles

  • Public District Grades KG-5

school-card-donut-191598
5
/10
  • McGuffey Elementary School

  • 130 Green Wave Dr

  • 1.67 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,342. The majority of Newark, OH residents have income less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Newark, OH

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Newark, OH?

The housing landscape in Newark, Ohio, is characterized by a mix of architectural styles, with single-family homes being the most prevalent. These homes often feature traditional and colonial designs, reflecting the city's rich history. The market also includes a selection of apartments and townhouses, providing options for various lifestyles and family sizes. The area has seen a steady growth in homeownership, with a significant portion of residents owning their homes.

Is Newark, OH a good place to live?

Newark is celebrated for its small-town charm and community-oriented atmosphere. The city prides itself on its historical landmarks, including the famous Newark Earthworks, and its vibrant downtown area that hosts a variety of local events and festivals throughout the year. These gatherings not only entertain but also foster a strong sense of community among residents.

Are things conveniently located in Newark, OH?

Residents of Newark have access to a solid educational system, with multiple public schools serving the area, as well as private institutions that cater to a range of educational needs. The city is served by a network of healthcare facilities, including a well-regarded hospital that provides emergency services and specialized care. Newark's public library system is a valuable resource for the community, and the city offers a diverse array of retail and dining options that reflect the local culture.

What does the transportation in Newark, OH look like?

Newark's transportation infrastructure includes a variety of options for residents. Public transit services are available, with bus routes connecting key areas of the city. The community's road network facilitates easy access to nearby cities and towns, and there are plans to enhance transportation efficiency and accessibility. The city is also increasingly bike-friendly, with dedicated lanes and trails that encourage cycling as a mode of transport.

Rocket Homes›Ohio›Licking County›Newark›43055›178 S 4th St

This home is located at 178 S 4th St in Newark, OH and zip code 43055. This home, which was built in 1908, sits on a 0.15 acre lot. It has been listed on Rocket Homes since August 10, 2024 and is currently priced at $188,777.

Over 0 listings were sold over their listed price in October 2024 in Newark, OH. In the same period over 4 listings were sold below the listed price and 1 listings were sold for the listed price. The number of listings in Newark, OH decreased by 25.6% between September 2024 and October 2024. In October 2024, listings were on the market for 62 days. During the same period, the median list price in this real estate market was $226,200.

From Rocket Homes Real Estate and based on county public records data.

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