2702 Broad Street New Castle, IN $ 175,000
2702 Broad Street
$ 175,000
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2702 Broad Street

New Castle, IN, 47362
$ 175,000
Bedrooms-- Baths-- Sq 5,490

Monthly Estimate*

$ 1,078

2702 Broad Street, New Castle, IN 47362 - Image 1
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2702 Broad Street, New Castle, IN 47362 - Image 10

Commercial Property for sale in New Castle, IN

for $175,000. This 5,490 square foot building was built on a lot size of 0.31.

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!

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Commercial Active

Price

$ 175,000

Property Type

Commercial

Taxes

$ 4,474

Style

Multi-Family 5+

Lot Size

0.31

Town/City

New Castle

County/Region

Henry

MLS | Web ID

22101503

Features
General
Utilities Electricity Connected Natural Gas Available Sewer Connected Water Connected
Possession Closing
Zoning Commercial
Township Henry
Property Subtype Multi-Family 5+
Tax Year 2025
Current Use Vacant
County Henry
New Construction N
Property Type Commercial Sale
Status Active
Directions GPS Friendly
City New Castle
High School District New Castle Community School Corp
Number Of Units Total 6
MLS Area 3307 - Henry - Henry
Lot Size Square Feet 13416
Middle/Junior High School New Castle Middle School
Standard Status Active
Tax Lot 84-85
Legal Description East Side Add Lots 84 & 85
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Exterior
Building Area Total 5490
Lot Size Acres 0.31
Road Surface Type Asphalt
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* Excluded Features
List By
Keller Williams Indpls Metro N

Broker

jamar.wright22@gmail.com

Email

Affordability Calculator

$1,450
Per Month
74%
26%
0%
Monthly Principal & Interest
$1,078
Monthly Property Taxes
$373
Monthly 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
4045027 Elementary School
4046396 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/13/2026$175,000 Listed Price

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2702 Broad Street, New Castle, IN, 47362 is a Commercial Property for sale at $175,000 with 5,490 sqft and a lot size of 0.31. The property's zip code is 47362 which is in New Castle, IN