2702 Broad Street, New Castle, IN 47362

• 5,490 sqft

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!

Listing Status:

Active

Data Last Updated:

June 22, 2026 at 7:18AM

Listing Office:

Keller Williams Indpls Metro N : 317-407-8702

Listing Agent:

Jamar Wright : 317-407-8702

MLS ID:

22101503

Location

• Road/Access: Asphalt
• Originating MLS: mibor
• School District: New Castle Community School Corp
• County: Henry

Lot

• Zoning: CommercialEast Side Add Lots 84 & 85331214220180000016
• Current Use: Vacant

Utilities

• Utilities: Electricity ConnectedNatural Gas AvailableSewer ConnectedWater Connected

Financial

• Source: mibor