474 Rapson Ave New Castle, PA ^$ 150,000

474 Rapson Ave

^$ 150,000

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474 Rapson Ave

New Castle, PA, 16101

^$ 150,000

Studio Baths0.0

Monthly Estimate*

^$ 924

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Studio

Multi-Family Home for sale in New Castle, PA

for $150,000. This home was built in 1950 on a lot size of 1.16.

Investor Alert! Great money maker and less work they 13 buildings. Currently 12 trailer in the park in Union Twp. Seller is collecting lot rent on 10 currently. Lot rent includes (well & sewer (septic) & garbage. 10 units all currently owned by the tenants or soon to be paid off by Sept. 1st. Trailer #424 owned by seller and will need 5-10k rehab depending on what a buyer chooses to do. #436 is a shell and would need complete rehab or tear down. Vacant lots could be rented to RV Mobiles. Red Shed is 12x14 owned by the Park, but contents is owned by the property manager.

Multi-Family Active

Price

^$ 150,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,698

Style

Lot Size

1.16

Year Built

1950

Town/City

New Castle

County/Region

Lawrence

MLS | Web ID

1741688

Features

General

Utilities Electricity Available

Zoning IP

Year Built 1950

Property Subtype Other

Gross Income 31305

County Lawrence

Net Operating Income 17623

Insurance Expense 1584

Property Type Residential Income

Status Active

Directions Rt. 422 between the Harbor & New Castle City Limits

City Union Twp

High School District Union Area LAW

Zoning Description IP

Number Of Units Total 1

MLS Area Union Twp - LAW

Lot Size Units Acres

Tax Annual Amount 1698

MLS Area Minor Union Twp - LAW

Standard Status Active

Occupancy Type Tenant

Middle/Junior School District Union Area LAW

Elementary School District Union Area LAW

Tax Assessed Value 56700

Virtual Tour https://www.propertypanorama.com/instaview-tour/wpn/1741688

Property Sub Type Additional Other

Interior

Basement (Y/N) false

Total Baths 0

Exterior

Parking Features Assigned

Total Parking 30

Lot Size Area 1.16

Lot Dimensions see survey odd shape

Lot Size Acres 1.16

* Excluded Features

List By

Elizabeth Fisher

Listing Agent

Howard Hanna Real Estate Services

Broker

efisher@howardhanna.com

Affordability Calculator

$1,065

Per Month

Monthly Principal & Interest: $924
Monthly Property Taxes: $142
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in New Castle, PA

Average List Price ^$149,673

Percent of Sale Price 0%

About New Castle, PA

22,273 Population

-15% Since 2002

^$33,230 Median Income

41.32 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1514910 Elementary School

1515100 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/2/2026	$150,000	-14.29%	Price Down
2/28/2026	$175,000		Listed Price

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474 Rapson Ave, New Castle, PA, 16101 is a Multi-Family Home for sale at $150,000 with a lot size of 1.16. 474 Rapson Ave is a studio with 0.0 baths and was built in 1950. The property's zip code is 16101 which is in New Castle, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the West Penn Multi-List.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the West Penn Multi-List. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/18/2026.

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474 Rapson Ave

Multi-Family Home for sale in New Castle, PA

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