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Sold for $624,000
  • $624,000

    78 McKinley Avenue, Norwich, CT 06360

    10beds
    2,773sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $631,900 Zestimate®
    $225/sqft
    $1,784 Estimated rent

    Home value

    $631,900

    $556,000 - $714,000

    $1,784/mo

    Zestimate® history
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    What's special

    Welcome to 78 McKinley Ave - a turnkey, fully renovated three-family investment opportunity. This fully updated multi-family property is ideal for investors seeking immediate cash flow with minimal capital outlay. Each of the three units has been renovated from top to bottom, featuring fresh paint, new flooring, and updated appliances-allowing for strong rental demand and market friendly income from day one. The property offers efficient wall-unit gas heating and on-demand hot water, helping reduce operating costs while providing reliable, tenant-friendly systems. With major renovations already completed, this asset delivers low-maintenance ownership and long-term value. Perfect for investors expanding their portfolio or owner-occupants looking to offset housing costs with rental income. A rare opportunity to acquire a stabilized, move-in-ready multi-family with strong income potential. Schedule your showing today and secure this high-performing asset.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kareema S. Williams (860)910-8555,

    RE/MAX Legends 860-451-8000

    Bought with:

    Joel C. Cassar, RES.0806127

    RE/MAX Legends

    Source: Smart MLS,MLS#: 24144409MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Hot Water, Wall Unit, Electric, Gas In Street
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater, Tankless Water Heater
    • Laundry: In Unit
    Features
    • Basement: Partial,Unfinished,Apartment
    • Attic: None
    • Has fireplace: No
    Interior area
    • Total structure area: 2,773
    • Total interior livable area: 2,773 sqft
    • Finished area above ground: 2,773

    Property

    Features
    • Patio & porch: Deck
    Lot
    • Size: 3,049 Square Feet
    • Features: Level
    Details
    • Parcel number: 2032263
    • Zoning: MF

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: 3updown - Unit(s) per Floor
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    • Foundation: Brick/Mortar
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: Thermostat

    Community & HOA

    Community
    • Features: Basketball Court, Near Public Transport, Library, Medical Facilities, Park, Shopping/Mall
    HOA
    • Has HOA: No
    Location
    • Region: Norwich

    Financial & listing details

    • Price per square foot: $225/sqft
    • Tax assessed value: $165,500
    • Annual tax amount: $6,698
    • Date on market: 12/15/2025

    Price history

    DateEventPrice
    4/29/2026Sold$624,000-7.6%$225/sqft
    Source: Smart MLS #24144409 Report a problem
    4/22/2026Pending sale$675,000$243/sqft
    Source: Smart MLS #24144409 Report a problem
    12/18/2025Listed for sale$675,000+246.2%$243/sqft
    Source: Smart MLS #24144409 Report a problem
    7/9/2025Sold$195,000-2.5%$70/sqft
    Source: Smart MLS #24076556 Report a problem
    5/31/2025Pending sale$199,900$72/sqft
    Source: Smart MLS #24076556 Report a problem
    5/19/2025Price change$199,900-4.8%$72/sqft
    Source: Smart MLS #24076556 Report a problem
    3/14/2025Pending sale$210,000$76/sqft
    Source: Smart MLS #24076556 Report a problem
    3/12/2025Price change$210,000-6.7%$76/sqft
    Source: Smart MLS #24076556 Report a problem
    2/26/2025Listed for sale$225,000-21.6%$81/sqft
    Source: Smart MLS #24076556 Report a problem
    10/21/2024Sold$287,000+177.8%$103/sqft
    Source: Public Record Report a problem
    2/13/2020Sold$103,320+14.8%$37/sqft
    Source: Public Record Report a problem
    12/8/2015Sold$90,000-38.8%$32/sqft
    Source: Smart MLS #E10076023 Report a problem
    10/10/2002Sold$147,000+54.7%$53/sqft
    Source: Public Record Report a problem
    12/20/1989Sold$95,000$34/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,698 +5.9%$165,500
    2024$6,322 +46.8%$165,500 +86.2%
    2023$4,307 -0.1%$88,900
    2022$4,310 -0.3%$88,900
    2021$4,324 +0.3%$88,900
    2020$4,309 +1%$88,900
    2019$4,266 +5.6%$88,900 +6.5%
    2018$4,041 -0.7%$83,500
    2017$4,070 +1.4%$83,500
    2015$4,013 +4.6%$83,500
    2014$3,835 -20.2%$83,500 -44%
    2013$4,808 +3.8%$149,000
    2012$4,634 +7.9%$149,000
    2011$4,296 +2.9%$149,000
    2010$4,175 +3.4%$149,000
    2009$4,039 +56.6%$149,000 +71.3%
    2008$2,580 -11%$87,000
    2007$2,899 +4.1%$87,000
    2006$2,786 +4.1%$87,000
    2005$2,675 +21.7%$87,000 +66.7%
    2003$2,198 +23.1%$52,200
    2001$1,785 $52,200
    Find assessor info on the county website

    Neighborhood: 06360

    Nearby schools

    GreatSchools rating
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