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Multifamily Property with Rental Units
For Sale
$699,000

1420 John Glenn Highway, New Concord, OH 43762

CommercialSale, New Concord, OH

Property SizeContact for details
Lot Size9.76 Acres
Days on Market116

Property Features for 1420 John Glenn Highway

General Information

Property type Commercial Sale
Property subtype Other
Elementary school district East Muskingum LSD - 6001
Middle school district East Muskingum LSD - 6001
High school district East Muskingum LSD - 6001
Directions From I-70 (Exit 169 - New Concord), head north onto John Glenn Hwy (US-40). Continue about 1 mile; property is on the right at 1420 John Glenn Hwy.
Standard status Active
APN 41-0000214.001
Lot size 9.76 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description R4 T1 SN05 PT LOT 17
Tax Annual Amount 8942
Legal Description R4 T1 SN05 PT LOT 17

Utilities

Heating system Natural Gas

Building Details

Year built 1870
Listing Agency: Carol Goff & Associates
Listed By: Carol A Goff · License #447968
Added: Apr 29 Changed: Aug 20 Last Checked: Aug 22 at 4:06PM
MLS# 5206372

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property occupies 9.762 acres and contains separate rental units. The improvements date to 1870, with natural gas heating and public water service. The site also offers potential for garage or storage rental income, adding another possible use to the existing configuration.

Located at 1420 John Glenn Highway, the property is just outside New Concord, Ohio, near shopping and Muskingum University. The combination of multiple rental units, substantial land area, and public utilities defines the property’s current setup.

Key Highlights

  • 9.762‑acre multifamily property
  • Separate rental units included
  • Potential for garage or storage rental income

Property Analytics

Current Use

arena materials Agricultural Supply Seeley Materials Agricultural Supply

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant HVAC Service Auto Repair Shop Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 43762, OH

5,346
Population
1,813
Households
2.9
Avg Household Size
33
Median Age
41%
College-Educated
95%
High-School Grad
74.8 sq mi
ZIP Area
71
Density / Sq Mi
$78,854
Median Household Income
$29,511
Median Earnings
$804
Median Rent
$223,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Public water and natural gas service support this multifamily property near shopping and Muskingum University.
Where is this multifamily property located?
The property is located at 1420 John Glenn Highway New Concord, OH.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 9.762‑acre multifamily property; Separate rental units included; Potential for garage or storage rental income
More about this property
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