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$289,900
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Property Description
Great Investment Opportunity! Fully Rented, Turnkey Brick Apartment Building - 7.66% % CAP Rate Don't miss this rare chance to own a well-maintained, income-producing property in the heart of McConnelsville! This solid brick apartment building, located at 545 E. McConnell Ave., is in excellent condition and offers three spacious, fully rented units with a strong rental history and zero downtime during recent turnovers. **Property Features:** * **Unit 1:** 2 bed / 1 bath * **Unit 2:** 2 bed / 1 bath * **Unit 3:** 4 bed / 2 bath - *potential to convert into two separate units for increased income* * On-site laundry in every unit * Generous storage throughout * Outdoor porches and upper-level balcony for added charm and tenant appeal This property has been expertly maintained and boasts steady occupancy with high demand. With a 7.66% CAP rate, immediate cash flow, and future upside by converting Unit 3 into two apartments, this is an ideal addition to any investor's portfolio. Schedule a showing today and seize this incredible opportunity! This is the kind of rental investors look for: clean numbers, reliable tenants, and a great area. Don't miss out.
Full Property Details
Full Property Details for 545 E McConnel Ave
General
- Sold For: $289,900
- Taxes: $3,205 (2024)
- Status: Closed
- Type: Triplex
- Source: 505
- MLS ID: 5123896
- Added to Site: 93 day(s) ago
Interior
- Number of Rooms: 16
- Appliances: Dryer, Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: In Unit
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Gravel, Off Street, On Street, Unpaved
Location
- County: Morgan
- Township: Morgan Twp
- Subdivision: Goddards Add
- Driving Directions: State Route 60 to Main Street, McConnelsville, turn onto 10th Street, proceed to Left onto E McConnel Avenue, located at the corner of McConnel Ave and 11th St.
- Direction Faces: West
School Information
- Elem School District: Morgan LSD - 5801
- Midd School District: Morgan LSD - 5801
- High School District: Morgan LSD - 5801
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Brick
- Basement Desc.: Crawl Space, None
- Roof: Metal
- Windows: Double Pane Windows, Insulated Windows
- Stories/Levels: 2
- Square Feet: 3,300
- Living Area: 3,300 Sq. Ft.
- Finished Above Grnd: 3,300 Sq. Ft.
- Year Built: 1967
- Year Built Source: Public Records
Lot Features
- Property View: City
- Lot Size (Acres): 0.28
- Lot Size: .28
- Lot Size Source: Assessor
- Lot Features: City Lot, Flat, Level
Financial Considerations
- Tax Amount: $3,205
- Tax Year: 2024
- Terms: Cash, Conventional
- Owner Pays: Electricity, Gas, Grounds Care, Sewer, Trash Collection, Water
- Tenant Pays: Electricity
Disclosures and Reports
- Legal Description: IN LOT 11 GODDARDS ADDITION
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 140-007-750-0
Listed by Berkshire Hathaway HomeServices Professional Realty, Cinda Erickson
Sold by Town & Country, Morgan Stone
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Schools
Schools serving 545 E McConnel Ave
School District:Morgan Local School District
| Name | Grades | Distance |
|---|---|---|
Morgan High School 800 Raider Dr, McConnelsville, OH 43756 | 9-12 | 2.8 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 545 E McConnel Ave
Date
Details
Price
Change
Source
11/05/2025
Sold
$289,900
—
MLS
10/16/2025
Listed
$289,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
545 E McConnel Avenue, McConnelsville, OH 43756 (MLS# 5123896) is a Triplex property that was sold at $289,900 on November 05, 2025. Want to learn more about 545 E McConnel Avenue? Do you have questions about finding other Triplex real estate for sale in McConnelsville? You can browse all McConnelsville real estate or contact a Coldwell Banker agent to request more information.

