Apartment Building

New Castle, CO Apartment Buildings for Sale

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Silt, CO Glenwood Springs, CO Rifle, CO Carbondale, CO Gypsum, CO
Mixed-Use Building with 7 Units
Updated: Jun 22
Mixed-Use Building with 7 Units

502 W Main Street, New Castle, CO 81647

$1,450,000
7,474 sqft 0.11 AC lot
Seven residential units plus a ground‑floor commercial space
7,474 square feet on 0.11 acres
Commercial space leased to a salon
Retained restaurant hood vent and grease trap
C/1 Commercial zoning with public water
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Short-Term Rental Property with Retail Space
Updated: Jun 16
Short-Term Rental Property with Retail Space

502 W Main Street, New Castle, CO 81647

$1,450,000
Seven individual residential units currently used for short‑term rentals
Main‑level commercial unit leased to a salon through 2029
Restaurant infrastructure in the commercial space
Furnishings, equipment, and FF&E included
Remodeled and updated throughout
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in New Castle, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Six-Unit Apartment Building
Six-Unit Apartment Building

920 Iowa Avenue, Palisade, CO 81526

$1,500,000
5,530 sqft 0.35 AC lot

New multifamily construction includes a balanced mix of one- and two-bedroom residences with individual heating and cooling.

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Six-Unit Apartment Building
Six-Unit Apartment Building

626 N 7th Street, Grand Junction, CO 81501

$850,000
4,261 sqft 0.24 AC lot

Month-to-month occupancy, plentiful parking, and updated mechanical systems support flexible residential leasing in downtown Grand Junction.

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6-Unit Apartment Building
6-Unit Apartment Building

920 Iowa Avenue, Palisade, CO 81526

$1,500,000
5,530 sqft

Newly built multifamily property with varied bedroom layouts, full appliances, and active leases that transfer with the sale.

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Six-Unit Apartment Building
Six-Unit Apartment Building

626 N 7th Street, Grand Junction, CO 81501

$850,000
4,261 sqft

Downtown multifamily property with flexible unit configurations, month-to-month occupancy, and recent mechanical and septic improvements.

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New Castle, CO Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in New Castle, CO on our real estate platform. These investment opportunities span a total of 7,474 square feet of properties for sale, with an estimated market value of $2,900,000.

Sale prices for apartment complexes in New Castle, CO average $1,450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 7,037
Population Growth (5Y) -4.0%
Median Household Income $80,139
College Educated 40.4%

High-Yield Neighborhoods for Investment

Identify New Castle submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
81647 $1.5M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Garfield County

New Delisted

Total CRE Inventory on Market (SF)

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