REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Jamar Wright • Keller Williams Indpls Metro N
$ 155,000
Est. payment /mo
Active
2702 Broad ST New Castle, IN 47362
5,490 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 5,490 sqft
Price per Sqft $28
MLS Listing ID 22101503
Tax Year 2025
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Multi-Family 5+
Property Description
Investor Opportunity in Downtown New Castle! Opportunity awaits with this 6-unit apartment property located in downtown New Castle. Major exterior improvements and key system updates have already been completed, making this an ideal value-add investment for the next owner to finish and start leveraging rental income. Updates to the property's exterior accentuate a strong curb appeal and may reduce future maintenance concerns. Additional improvements have been made to the electrical and plumbing systems, providing a solid start for continued renovations and stabilization. With its favorable location near downtown amenities, shopping, dining, and local employers, this multi-unit property offers excellent potential for long-term cash flow and portfolio growth. Whether you're an experienced investor or looking to expand your rental holdings, this is a rare opportunity to complete a partially updated income-producing property in a growing market. Schedule your showing today and bring this investment Home!
Location
State IN
County Henry
Zoning Commercial
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Building
New Construction false
Schools
Middle Schools New Castle Middle School
School District New Castle Community School Corp
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
NEARBY SCHOOLS & PROPERTIES
What would my payment look like?
Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Get more info from a local expert!
Filters Reset
Save Snapshot
View Results
MARKET SNAPSHOT
- ?Sold Listings
- ?Average Sales Price
- ?Average Days on Market
