New Castle IN Multi Family for Sale
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1900
- Baths:
- MLS#:
- 22015445
- Subdivision:
- No Subdivision
ADDITIONAL INFORMATION
Unlock the incredible potential of this versatile property just steps from downtown New Castle. Whether you envision a high-value single-family flip or a profitable duplex conversion, the foundation is already laid: brand-new electrical systems, separate meters, and individual fuse boxes for each unit are ready to go. With ample off-street parking in the rear, a rare addition in this area, and a location in high demand for rentals, this property promises exceptional returns. While it does require a full rehab, the upside is undeniable, strong rental demand and a thriving local market make this a can't-miss opportunity.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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New Castle Real Estate
The median home value in New Castle, IN is $154,000. This is higher than the county median home value of $152,900. The national median home value is $338,100. The average price of homes sold in New Castle, IN is $154,000. Approximately 54.8% of New Castle homes are owned, compared to 29.93% rented, while 15.27% are vacant. New Castle real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New Castle real estate agent to arrange a tour today!
New Castle, Indiana has a population of 17,465. New Castle is less family-centric than the surrounding county with 25.71% of the households containing married families with children. The county average for households married with children is 28.42%.
The median household income in New Castle, Indiana is $46,112. The median household income for the surrounding county is $54,154 compared to the national median of $69,021. The median age of people living in New Castle is 40.5 years.
New Castle Weather
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 17.7 degrees. The average rainfall is approximately 43.5 inches per year, with 24.5 inches of snow per year.