314 E Lincoln Ave New Castle, PA ^$ 375,000

314 E Lincoln Ave

^$ 375,000

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Recently Listed

314 E Lincoln Ave

New Castle, PA, 16105

^$ 375,000

Studio Baths0.0

Monthly Estimate*

^$ 2,368

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Studio

Multi-Family Home for sale in New Castle, PA

for $375,000. This home was built in 1920 on a lot size of 0.22.

Lucrative investment opportunity in coveted historic district. Impressive solid brick 5 unit multifamily residence impeccably maintained with stable long term tenants/fully occupied. Architectural excellence abounds with grand-scale covered cement porch, handsome deep oak moldings of significant proportion, dramatic oak staircase extending from 1st to 3rd floors, distinctive wrought iron fencing, and signature carriage approach. Utilities- gas, electric, water and sanitation- combined and reported annually with tenants upcharged for utiities. Additional revenue is realized from coin operated washer/dryers not included in Gross Operating Income (GOI) in sundrenched easily-accessible common laundry room. Exquisite!

Multi-Family Active

Price

^$ 375,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 6,168

Style

Lot Size

0.22

Year Built

1920

Town/City

New Castle

County/Region

Lawrence

MLS | Web ID

1766921

Features

General

Utilities Electricity Available Natural Gas Available Sewer Available Water Available

Roof Tile

Zoning R-2

Construction Materials Brick

Year Built 1920

Property Subtype Other

Gross Income 57060

Community Features Public Transportation

County Lawrence

Net Operating Income 35152

Insurance Expense 2400

Property Type Residential Income

Status Active

Directions Interstate I 376 W State Route 224 W/ State St Exit L St Rt 224 toward town L N Mill R Lincoln

City New Castle

High School District New Castle

Zoning Description R-2

Number Of Units Total 5

MLS Area New Castle/2nd

Lot Size Units Acres

Tax Annual Amount 6168

MLS Area Minor New Castle/2nd

Standard Status Active

Occupancy Type Tenant

Middle/Junior School District New Castle

Elementary School District New Castle

Tax Assessed Value 163300

Virtual Tour https://www.propertypanorama.com/instaview-tour/wpn/1766921

Property Sub Type Additional Other

Interior

Basement Full

Basement (Y/N) true

Total Baths 0

Exterior

Parking Features Off Street

Total Parking 8

Lot Size Area 0.22

Lot Dimensions 59x161x57x161

Lot Size Acres 0.22

* Excluded Features

List By

RaeLyn Marburger

Listing Agent

Howard Hanna Real Estate Services

Broker

Rmarburger@howardhanna.com

Affordability Calculator

$2,882

Per Month

Monthly Principal & Interest: $2,368
Monthly Property Taxes: $514
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 ^$201,089

Percent of Sale Price 46%

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.

1514692 Elementary School

1515011 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/28/2026	$375,000		Listed Price

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314 E Lincoln Ave, New Castle, PA, 16105 is a Multi-Family Home for sale at $375,000 with a lot size of 0.22. 314 E Lincoln Ave is a studio with 0.0 baths and was built in 1920. The property's zip code is 16105 which is in New Castle, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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 7/30/2026.

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314 E Lincoln Ave

Multi-Family Home for sale in New Castle, PA

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