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$596,900 Contingent

  • For Sale
  • Contingent
  • Multi-Family
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Six apartments and a storefront located on Cherry Valley Rd. The 6 apartments are currently renting for a total of GMR $5700. Each renter pays for water, gas, and electric. All units are metered separately. Four of the units are two bedroom and two are one bedroom. New roof in 2020. Curb Offers required for showings of apartments as not to disturb renters. Store front available for showings until lease begins.

Full Property Details for 1863 Cherry Valley Rd

General

  • Price: $596,900
  • HOA FEE: $2,400
  • Taxes: $5,742 (2024)
  • Status: Contingent
  • Type: Multi-Family
  • Source: Columbus_N_Greater_Ohio
  • MLS ID: 225043582
  • Updated: 12/7/2025
  • Added to Site: 57 day(s) ago

Parking

  • Total Spaces: 20
  • Parking Features: Common

Location

  • County: Licking
  • Township: None
  • Cross Streets: S. Chalfant Avenue

School Information

  • School District: NEWARK CSD 4507 LIC CO.

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer

Structural Information

  • # Buildings: 1
  • Construction: Block, Brick, Stucco, Vinyl siding
  • Year Built: 1969

Unit Information

  • Occupancy Rate: 100

Lot Features

  • Lot Size (Acres): 0.51
  • Lot Size (Sq. Ft.): 22,215.6
  • Potential Use: Commercial
  • Zoning: Commerical

Financial Considerations

  • Price Per Sq. Ft.: $146.3
  • Maint. Fee: $2,400
  • Tax Amount: $5,742
  • Tax Year: 2024
  • Terms: Conventional
  • Tenant Pays: Gas

Disclosures and Reports

  • Property ID: 054-219936-00.000

Listed by e-Merge Real Estate (614) 678-5505, Robert M Panian (614) 800-1975

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Listing agent

— 1863 Cherry Valley Rd —

  • Robert M Panian

    e-Merge Real Estate

    614-678-5505

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1863 Cherry Valley Rd

School District:Newark City School District
NameGradesDistance
Cherry Valley Elementary School
1040 West Main Street, Newark, OH 43055
PK-51.5 mi
Wilson Middle School, Newark, OH
805 West Church Street, Newark, OH 43055
6-82.1 mi
Newark High School
314 Granville Street, Newark, OH 43055
9-123 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1863 Cherry Valley Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/19/2025
Listed
$596,900
51.11%
MLS
7/16/2021
Sold
$395,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1863 Cherry Valley Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,742
—
$139,200
—
2023
$5,730
-26%
$139,200
1%
2022
$7,743
94%
$138,260
75%
2021
$3,983
6%
$79,070
8%
2020
$3,766
-1%
$73,500
—
2019
$3,789
-1%
$73,500
—
2018
$3,818
5%
$73,500
—
2017
$3,624
-8%
$73,500
-5%
2016
$3,920
-39%
$77,035
—
2015
$6,420
63%
$77,035
—
2014
$3,939
3%
$77,035
—
2013
$3,815
—
$77,035
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1863 Cherry Valley Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by e-Merge Real Estate (614) 678-5505, Robert M Panian (614) 800-1975

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1863 Cherry Valley Road, Newark, OH 43055 (MLS# 225043582) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 1863 Cherry Valley Road is currently listed for $596,900 and was received on November 20, 2025. Want to learn more about 1863 Cherry Valley Road? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

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