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$449,900

  • For Sale
  • Active
  • Multi-Family
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Perfect opportunity to own a multi unit property in the beautiful downtown Newark. Located in the Special Improvement District (SID). 2 Story, 2,870 sf, well maintained 5 Unit Apartment Building features 4 Studio Units on 1st floor and 1 Bed/1Bath Unit on 2nd floor. All units offer washer/dryer hookups, off street/on street parking spaces. (4) Units currently rent for $800/ mo and (1) Unit $760 /mo. 2nd Flr Unit has long term tenant. New roof within 5 yrs, exterior paint, new windows upstairs, some replacements downstairs, Storage shed on site. Easy access to SR 16/40/79/161 and I70/270/71.

Full Property Details for 45 S 5th St

General

  • Price: $449,900
  • Taxes: $1,952 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: Columbus_N_Greater_Ohio
  • MLS ID: 224024323
  • Updated: 1/1/2026
  • Added to Site: 15 day(s) ago

Parking

  • Total Spaces: 4

Location

  • County: Licking
  • Township: None
  • Cross Streets: Wilson

School Information

  • School District: NEWARK CSD 4507 LIC CO.

Heating & Cooling

  • Air Conditioning: Yes
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Utility Description: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer

Structural Information

  • # Buildings: 1
  • Construction: Brick
  • Additional Use: True
  • Year Built: 1920

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,791.6
  • Potential Use: Commercial, Other

Financial Considerations

  • Price Per Sq. Ft.: $156.76
  • Tax Amount: $1,952
  • Tax Year: 2023
  • Terms: Other, Conventional
  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water

Disclosures and Reports

  • Property ID: 054-203130-00.000

Listed by Century 21 Frank Frye (740) 345-4001, Cynthia Layton (740) 403-4470

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Listing agent

— 45 S 5th St —

  • Cynthia Layton

    Century 21 Frank Frye

    740-345-4001

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 45 S 5th St

School District:Newark City School District
NameGradesDistance
Ben Franklin Elementary School
533 Beacon Road, Newark, OH 43055
PK-50.8 mi
Heritage Middle School, Newark, OH
600 Arlington Avenue, Newark, OH 43055
6-81.8 mi
Newark High School
314 Granville Street, Newark, OH 43055
9-120.9 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 45 S 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/18/2024
Price Reduced
$449,900
-7.05%
MLS
7/16/2024
Listed
$484,000
—
MLS
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 45 S 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,956
-18%
$44,520
—
2023
$2,372
59%
$44,520
68%
2022
$1,488
-4%
$26,570
—
2021
$1,548
5%
$26,570
—
2020
$1,478
-1%
$26,570
—
2019
$1,486
-1%
$26,565
—
2018
$1,497
5%
$26,565
—
2017
$1,426
6%
$26,565
—
2016
$1,348
-54%
$26,565
—
2015
$2,959
119%
$26,565
—
2014
$1,354
2%
$26,565
—
2013
$1,328
—
$26,565
—
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 45 S 5th St

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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 Century 21 Frank Frye (740) 345-4001, Cynthia Layton (740) 403-4470

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Price Reduced near 45 S 5th St

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45 S 5th Street, Newark, OH 43055 (MLS# 224024323) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 45 S 5th Street is currently listed for $449,900 and was received on January 01, 2026. Want to learn more about 45 S 5th Street? 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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