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122 Cherry Street, 
Newark, OH 43055

$219,900


—

Bed


—

Bath


-

Sq Ft


Multi-Family

Active

Listed by

Donald E Shaffer

Howard Hannarealestateservices

614-402-0338

Last updated:

October 20, 2026, 03:09 PM

MLS#

226039259

Source:

OH CBR

About This Home

122 Cherry Street

Prime turnkey investment or owner-occupant house-hacking opportunity in Newark! This solid, low-maintenance brick-and-siding two-family property features two self-contained, 1008 sq ft flat each, units (122 Cherry St Apt A and Apt B) with secure access into the building, followed by private interior entries into each individual residence on a generous, fully fenced lot. Both flats offer identical, versatile footprints featuring two spacious bedrooms, a full bathroom, a large living room, an eat-in kitchen with appliances, and dedicated in-unit laundry hookups. Key mechanical improvements include a new metal roof, new hot water tanks in both units, and separate meters with all utilities billed directly to owner/tenants. Outside, the expansive privacy-fenced yard provides rare amenities, including a raised upper-level wood deck, a large ground-level concrete patio, a cozy brick-lined fire pit, an above-ground pool with custom steps, a massive gravel driveway with abundant off-street parking, and a large detached outbuilding divided into two private storage spaces (one per tenant). With projected rents of $1,050 to $1,200 per month per unit, this duplex delivers outstanding cash-flow potential in an accessible location near Cherry Valley Road, local highways, parks, shopping, and dining. Initial showings are limited to vacant Unit B on lockbox; tenant-occupied Unit A will be available for viewing and inspections once in contract to respect tenant privacy. Schedule your private showing today to explore the opportunities at 122 Cherry Street! Attention Agents: Property is currently owner occupid with no tenants. Seller wll need 30 days possession post closing, or until their new home is complete ,which ever comes first. See ATA remarks and offer instructions doc attached.

Home Facts

Multi-Family

Built in 1970

Price Summary

219,900

MLS #:

226039259

Last Updated:

October 20, 2026, 03:09 PM

Added:

7 day(s) ago


Structure

Structure

Year Built:

1970


Lot

Lot Size (Sq. Ft):

5,227


Finances & Disclosures

Finances

Price:

$219,900

Source:OH CBR
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Coldwell Banker Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.