$449,900

45 S 5th St Newark, OH 43055

$5,343
Closing credit¹
2,870 sqft
0.1 acres
$157 / sqft
Condo

Property details

About 45 S 5th St

Perfect opportunity to own an investment 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, (2) 1st Flr Units currently being updated. Storage shed on site. Easy access to SR 16/40/79/161 and I70/270/71.

Highlights

Home typeCondominium
HeatingForced Air
StatusActive
Size2,870 sqft
Lot size0.11 Acres
Year built1920
MLS #224024323

Summary

  • Heating: Forced Air
  • List Price: $449,900
  • Price/SqFt: $156
  • Year Built: 1920
  • Living Area: 2,870 SqFt
  • Lot Size: 0.11 Acres
  • MLS Number: 224024323
  • MLS Name: Columbus and Central Ohio Regional MLS
  • Office Name: Century 21 Frank Frye
  • Office Phone: (740) 345-4001
  • Listing Agent: Cynthia Layton

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 © 2025 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: 6/13/2025, 7:40:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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45 S 5th St, Newark, OH 43055 - view of side of home with a yard

$449,900

45 S 5th St

$5,343

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 07, 2023
Home Sold
$145,000

Tax history

We're sorry, we currently don't have tax history data for this listing.

History based on county public records data.

Nearby schools

5

Ben Franklin Elementary School

Public District PK-5

0.9 mi

533 Beacon Rd

5

Carson Elementary School

Public District KG-5

1.4 mi

549 E Main St

5

McGuffey Elementary School

Public District KG-5

1.4 mi

130 Green Wave Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $14,856. Most Newark, OH residents have annual incomes less than $<35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

88%
<35k
12%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

73%
Single, No Kids
12%
Single, with Kids
9%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
6%
12-17 yrs old
26%
18-34 yrs old
37%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • UFCUFC
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Burger KingBurger King
  • PopeyesPopeyes

What do the neighbors drive?

  • CadillacCadillac
  • BuickBuick
  • DodgeDodge

What do the neighbors listen to?

  • JazzJazz
  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Newark, OH

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.

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.

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.

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.

About 45 S 5th St

The listing price of 45 S 5th St property is $449,900.

The property 45 S 5th St is a condo located in Newark, Ohio, 43055.

Active Listing: 45 S 5th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 45 S 5th St are: Ben Franklin Elementary School (GreatSchools Rating 5/10), Carson Elementary School (GreatSchools Rating 5/10), McGuffey Elementary School (GreatSchools Rating 5/10), Wilson Middle School (GreatSchools Rating 3/10), Heritage Middle School (GreatSchools Rating 4/10), Heath Middle School (GreatSchools Rating 5/10), Newark Digital Academy (GreatSchools Rating 2/10), Newark High School (GreatSchools Rating 4/10), Heath High School (GreatSchools Rating 6/10).

The last sale was on August 7, 2023 for $145,000 (source: MLS/tax record).

The property at 45 S 5th St has 0 bathroom.

The property 45 S 5th St is 2,870 SqFt (source: MLS/tax record).

The year of construction for 45 S 5th St is 1920.

This home is located at 45 S 5th St in Newark, OH and zip code 43055. This 2,870 square foot home, which was built in 1920, sits on a 0.11 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $449,900.

Over 32 listings were sold over their listed price in May 2025 in Newark, OH. In the same period over 24 listings were sold below the listed price and 18 listings were sold for the listed price. In May 2025 in Newark, OH there were 1.3% less homes for sale than in April. While the average time on the market in May 2025 was 23 days, the median list price was $241,482.

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

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