7 McKinley Avenue
Norwich, Connecticut 06360
- Beds
- 8
- Baths
- 4
- SqFt
- 3,653
- Acres
- 0.13
- Year Built
- 1860
- Property Type
- 2 Family

Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
Welcome to this spacious and versatile two-family property with an exceptional opportunity for both owner-occupants and investors. Each unit features a generous layout with 4 bedrooms and 2 bathrooms, providing ample living space and flexibility for a variety of household needs. With well-proportioned rooms and plenty of space throughout, this property has strong rental potential while also presenting an attractive option for buyers looking to occupy one unit and generate income from the other. Both units are currently tenant-occupied on month-to-month leases, providing the new owner with added flexibility to continue the property as an income-producing investment or explore owner-occupancy options. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income, this two-family offers an excellent combination of space, versatility, and immediate income potential. Schedule your private showing and explore the possibilities this property has to offer.
Key Facts
- City/Town
- Norwich
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1860
- Days on Market
- 75 days
- Beds
- 8
- Baths
- 4 full
- Living Area
- 3,653 sq ft
- Lot Size
- 0.13 acres
- Garage / Parking
- 6 total
- Property Taxes
- $5,915 / Annually
Market Snapshot
The Norwich Market
Multi-Family · trailing 12 months
Active Listings
21
18 under contract
Median List Price
$399,900
21 active listings
Median Closed Price
$375,000
99 sales
Median Days on Market
56
21 active listings
Median $ / Sq Ft
$157
21 active listings
Sale-to-List Ratio
101.2%
99 sales
How this home compares
List Price
$418,925
vs $399,900 median
In line with median
Price / Sq Ft
$115
vs $157 median
26.8% below median
Days on Market
75 days
vs 56 days median
19 days longer than median
Based on 21 active and 99 closed sales (trailing 12 mo) of multi-family in Norwich. Source: SmartMLS · As of November 4, 2026.
Location
7 McKinley Avenue, Norwich, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Oct 29, 2026per month
- Principal & Interest$2,284
- Property Taxes$493
- Insurance$140
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Norwich
- Neighborhood
- N/A
- County
- New London
Residence
- Property Type
- Multi-Family
- Subtype
- Duplex
- Style
- Units on different Floors
- Year Built
- 1860
- New Construction
- No/Resale
- Living Area
- 3,653 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Hot Air
- Heat Fuel
- Natural Gas
- Cooling
- None
- Basement
- Full
Exterior & Lot
- Lot Size
- 0.13 acres
- Zoning
- MF
- Garage / Parking
- 6 total parking spacesDrivewayShared
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Asbestos
- Color
- grey
- Roof
- Asphalt Shingle
- Foundation
- ConcreteStone
- Lot Description
- Level Lot
Listing & Financials
- Property Taxes
- $5,915 / Annually
- Days on Market
- 75
- MLS #
- 24200793
- MLS Status
- Under Contract - Continue to Show
Similar Properties
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This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 11/4/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.
Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.
Data last updated on 11/4/2026 at 4:10 AM UTC.