Sold for $180,000 Listed for $185,000
This property is not currently for sale or for rent.
This fully renovated and stabilized 4-unit property in New Castle, Indiana, offers an excellent opportunity to acquire a prime, cash-flowing asset. Each of the four units features a 1-bedroom, 1-bathroom layout, appealing to a strong tenant base. The property is currently generating a consistent income with all units rented at $750 per month. With all rehabilitation work completed, this turnkey investment is positioned to deliver immediate returns and become a foundational component of your real estate portfolio.
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| MLS # | 22066058 |
|---|---|
| Date Listed | 2025-10-01 |
| Status | Sold |
| Property Type | Multi-Family/Apartments |
| Property SubType | Quadruplex |
| New Construction | No |
| Type | Quadruplex |
| Year Taxes Payable | 2024 |
| Year Built | 1900 |
| Days on Market | 7 |
| Cooling | Window Unit(s) |
|---|---|
| Heating | Natural Gas |
| Construction | Quadruplex |
|---|---|
| Lot Size | 4,487 sq ft |
| Acreage | 0.10 Acres |
| Fence | None |
| Area | Henry |
|---|---|
| County | Henry |
| Subdivision | No Subdivision |
| Township | Henry |
| City | New Castle |
| State | IN |
| Zip | 47362 |
| School District | New Castle Community School Corp |
|---|
| Assoc. Dues | $0.00 |
|---|
MLS# 22066058
IDX information provided by the MIBOR REALTOR® Association.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Justin Lowe
Ellsbury Commerical Group
justin.lowe@ellsburygroup.com
Listing updated November 13, 2025 at 4:29 pm
Last checked 13 minutes ago