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177 Clinton St #179, Newark, OH, 43055

--beds
0baths
--sqft
$265,000
--price/sqft
$1,931/moest. monthly cost
$77,240/yrincome needed

About This Home

Income-Producing 3-Unit Multifamily Property Excellent Investment Opportunity! Don't miss this 3-unit multifamily building, offering immediate income potential and long-term value. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking rental income, this property is an outstanding opportunity. 3 residential units Strong rental income Spacious layouts Separate utilities (if applicable) Off-street parking (if applicable) Convenient location close to schools, shopping, restaurants. Ideal for investors or owner-occupants. Live in one unit while the rental income from the other two helps offset your mortgage, or lease all three units for maximum return. WITHIN 30 MI. OF INTEL AND ALL OTHER MEGA LICKING COUNTY PROJECTS!

Getting Around

70
WalkingSomewhat Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

9/10
5/10
Heritage Middle SchoolGrades 6-81.5 mi
3/10
Newark High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1895

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Property

Details

  • Parcel number: 05427246600.000
  • Special condition: Standard

Lot

  • Lot size: 6,969 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Ice Storm
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,339$16,068
Home Insurance *$141$1,692
Property Taxes $258$3,096
Electricity $193$2,320
Total$1,931$23,172
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$66,205/yr
40% on housing$57,930/yr
45% on housing$51,493/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.5%
13.5%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: 3.6%
3.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 43055$219
Licking County$258

vs Homes Sold Last Month

Median $/sqft

ZIP 43055$173
Licking County$178

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-23Listed for sale$265,000
2023-07-25Listing removed--
2023-06-27Listed for rent$750

For Sale by Agent

AgentDiana L Hall
BrokerageKiger Realty

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