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1127 1129 S 18th Street

New Castle, IN 47362

– beds
– baths
– sqft
5,097 sqft lot
1900 build

Welcome to this fantastic investment opportunity in the heart of New Castle, Indiana! This well-maintained duplex offers two separate rental units, each with its own private entrance. It's the perfect opportunity for investors looking for a solid, income-generating property or for someone looking to live in one unit while renting out the other.Unit 1 (Main Level): This spacious 3-bedroom, 1-bathroom unit features fresh paint and new carpet throughout. With a large living space, and comfortable bedrooms, this unit is perfect for families or long-term tenants. The current tenant has just resigned a 1-year lease at $1,050 per month, offering stability and reliable cash flow from day one. Unit 2 (Upper Level): The cozy 1-bedroom, 1-bathroom unit offers a more compact living space with fresh paint and new carpet. This unit rents for $695/month.

Listing courtesy of MIBOR / F.C. Tucker/Crossroads

Last checked: Checking… • Last updated Mar 17, 2025 •

MLS# 22026537 —

The Building

Year Built:

1900
New Construction:

false
Construction Materials:

Aluminum Siding
Levels:

One and One Half
Roof:

Shingle
Basement:

true
Basement:

Unfinished
Foundation Details:

Block
Direction Faces:

East
Green Certification:

No

Location

Directions:

GPS Friendly
Latitude:

39.920629
Longitude:

-85.363224

The Property

View:

true
Property Type:

Residential Income
Property Subtype:

Duplex
Property Attached:

false
Parcel Number:

331214310282000016
Acres:

<1/4 Acre
Lot Features:

City Lot, Corner Lot, Sidewalks, Street Lights, Mature Trees
Lot Size Acres:

0.117
Price Per Acre:

1195726
Additional Parcels:

false
Structure Type:

Duplex
View:

false
Waterfront:

false
Fence:

No
Current Use:

Apt<20
Road Access:

See Remarks
Road Frontage Type:

City Street
Road Surface Type:

Asphalt

Listing Agent

Contact info:

Taxes

Tax Lot:

237
Tax Year:

2025
Tax Exemptions:

None
Semi Annual Property Tax Amt:

445

The Listing

Inspection Warranties:

Not Applicable

Heating & Cooling

Heating:

Forced Air, Gas
Cooling:

Window Unit(s)

Utilities

Building Utilities:

Separate Gas Meter
Solid Waste:

Yes

Schools

Elementary School:

Parker Elementary School
Middle Or Junior School:

New Castle Middle School
High School:

New Castle High School
High School District:

New Castle Community School Corp

The Community

Subdivision Name:

1st Industrial

Parking

Parking:

On Street
Parking Features:

Alley Access

Extra Units

# of Units Total:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/17/25 Mar 17, 2025	Listed / Active	MIBOR	$139,900

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This multifamily located in New Castle, IN 47362 is currently for sale for $139,900. 1127 1129 S 18th Street is a – square foot multifamily with – beds and – baths.

Listing Courtesy of: MIBOR and F.C. Tucker/Crossroads.

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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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