Property details
About 545 E Mcconnel Ave
Great Investment Opportunity! Fully Rented, Turnkey Brick Apartment Building - 7% 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 at 545 E McConnel Ave is in excellent condition and offers three spacious, fully rented units with 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% 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.
Highlights
Summary
- Heating: Forced Air
- Cooling: Central Air
- List Price: $289,900
- Price/SqFt: $87
- Annual Tax Amount: $2,593
- Tax Year: 2023
- Year Built: 1967
- Living Area: 3,300 SqFt
- Lot Size: 0.28 Acres
- MLS Number: 225019134
- MLS Name: Columbus and Central Ohio Regional MLS
- Office Name: Berkshire Hathaway HS Pro Rlty
- Office Phone: (614) 499-5406
- Listing Agent: Cinda D Erickson
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: 7/23/2025, 4:40:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 24, 2023 | Home Sold | $265,000 |
| Feb 12, 2021 | Home Sold | $295,000 |
| Jan 05, 2015 | Home Sold | $25,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $65,930 | $2,593 |
| 2022 | $54,630 | $2,156 |
| 2021 | $20,660 | $848 |
| 2019 | $20,650 | $871 |
| 2018 | $20,650 | $828 |
| 2017 | $20,650 | $969 |
History based on county public records data.
Nearby schools
6
East Elementary School
Public District PK-6
1.4 mi
•4265 N State Route 376 NW
5
South Elementary School
Public District PK-6
7.1 mi
•3555 State Route 792
6
West Elementary School
Public District PK-6
8.6 mi
•9675 State Route 37
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,146. Typical income of Mcconnelsville, OH residents is less than $<35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NASCAR
Monster Trucks
Pro Wrestling
Where do the neighbors shop?
Dollar General
Wal-Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Chevrolet
Dodge
What do the neighbors listen to?
Classic Country- Country
New Country
Frequently asked questions
About 545 E Mcconnel Ave
The listing price of 545 E Mcconnel Ave property is $289,900.
The property 545 E Mcconnel Ave is a condo located in Mcconnelsville, Ohio, 43756.
Active Listing: 545 E Mcconnel Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 545 E Mcconnel Ave are: East Elementary School (GreatSchools Rating 6/10), South Elementary School (GreatSchools Rating 5/10), West Elementary School (GreatSchools Rating 6/10), Morgan Junior High School (GreatSchools Rating 5/10), Waterford Elementary School (GreatSchools Rating 5/10), Crooksville Middle School (GreatSchools Rating 5/10), Morgan High School (GreatSchools Rating 4/10), Fort Frye High School (GreatSchools Rating 6/10), Waterford High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $2,593 (source: MLS/based on county public records data).
The last sale was on August 24, 2023 for $265,000 (source: MLS/tax record).
The property at 545 E Mcconnel Ave has 0 bathroom.
The property 545 E Mcconnel Ave is 3,300 SqFt (source: MLS/tax record).
The year of construction for 545 E Mcconnel Ave is 1967.
This home is located at 545 E Mcconnel Ave in Mcconnelsville, OH and zip code 43756. This 3,300 square foot home, which was built in 1967, sits on a 0.28 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $289,900.
While more than 1 listings in Mcconnelsville, OH in June 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. Between May and June 2025, Mcconnelsville, OH real estate market has seen increase in the number of listings by 5%. While the average time on the market in June 2025 was 98 days, the median list price was $190,000.