Opportunity awaits in the desirable north end of Newark! This 5-bedroom, 3 full-bath split level offers 2,548 sq. ft. of living space on nearly an acre, with excellent road frontage. The split floor plan features generously sized rooms throughout, including a partially finished basement with a second kitchen and direct access to the garage. A spacious covered patio adds outdoor living space, ideal for entertaining or relaxing.
The property requires substantial renovation and is being sold as-is, making it an excellent opportunity for rehabbers, investors, or visionaries ready to bring new life to this home. With the possibility of rezoning for multi-family or commercial use (Buyer responsible for all due diligence, including any changes to current zoning), the potential here is significant—whether you envision restoring it as a single-family residence, developing income-producing units, or creating a business location with strong visibility.
Conveniently located near shopping, dining, schools, and major commuter routes, this property offers both accessibility and future growth potential. Don't miss your chance to reimagine this home and unlock its full value.
Under contract
Price cut: $35K (12/29)
$224,000
988 Mount Vernon Rd, Newark, OH 43055
5beds
2,578sqft
Est.:
Single Family Residence
Built in 1975
0.83 Acres Lot
$-- Zestimate®
$87/sqft
$-- HOA
What's special
Excellent road frontagePartially finished basementGenerously sized roomsSpacious covered patioSecond kitchen
- 154 days |
- 1,971 |
- 138 |
Zillow last checked: 8 hours ago
Listing updated: January 12, 2026 at 04:13pm
Listing Provided by:
Betsy Skrobot 740-455-3730 blepi@lepirealestate.com,
Lepi & Associates
Source: MLS Now,MLS#: 5150445
Originating MLS: Guernsey-Muskingum Valley Association of REALTORS
Originating MLS: Guernsey-Muskingum Valley Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Heating
- Forced Air, Gas
Cooling
- Window Unit(s)
Appliances
- Included: Range, Refrigerator
Features
- Basement: Concrete,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 2,578
- Total interior livable area: 2,578 sqft
- Finished area above ground: 1,330
- Finished area below ground: 1,248
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage, Garage Door Opener
- Garage spaces: 2
Features
- Levels: Two,Multi/Split
- Stories: 2
- Patio & porch: Covered
- Fencing: Chain Link,Wood
Lot
- Size: 0.83 Acres
- Dimensions: 70 x 514
Details
- Parcel number: 05427201601.000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial,Split Level
- Property subtype: Single Family Residence
Materials
- Block, Frame
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Pt Riverview
HOA
- Has HOA: No
- Services included: None
Location
- Region: Newark
Financial & listing details
- Price per square foot: $87/sqft
- Tax assessed value: $244,700
- Annual tax amount: $2,712
- Date on market: 8/22/2025
- Cumulative days on market: 154 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/13/2026 | Contingent | $224,000$87/sqft |
Source:  Columbus and Central Ohio Regional MLS #225031753 Report a problem | ||
| 12/29/2025 | Price change | $224,000-13.5%$87/sqft |
Source: Columbus and Central Ohio Regional MLS #225031753 Report a problem | ||
| 8/22/2025 | Listed for sale | $259,000-0.3%$100/sqft |
Source:  MLS Now #5150445 Report a problem | ||
| 10/5/2023 | Listing removed | -- |
Source: Columbus and Central Ohio Regional MLS #223024199 Report a problem | ||
| 9/2/2023 | Contingent | $259,900$101/sqft |
Source: Columbus and Central Ohio Regional MLS #223024199 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,712 -0.6% | $85,645 |
| 2023 | $2,729 +14.1% | $85,645 |
| 2022 | $2,392 -4.6% | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,373/mo
Principal & interest
$1092
Property taxes
$203
Home insurance
$78
Climate risks
Neighborhood: 43055
Nearby schools
GreatSchools rating
- 9/10Hillview Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 5/10Heritage Middle SchoolGrades: 6-8Distance: 2.3 mi
- 3/10Newark High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- District: Newark CSD - 4507
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
