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Duplex With New HVAC
For Sale
$179,900

1930-1932 Fairmont Avenue, New Castle, IN 47362

INVESTMENT, One and Half Story, New Castle, IN

Property Size1,843 SF
Lot Size0.14 Acres
Price / SF$97.61
Days on Market49

Property Features for 1930-1932 Fairmont Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 4, Basement, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 3
Parking 5
Parking features Garage, Off Street
Fencing Chain Link
Basement Block, Concrete
Subdivision Sunny Side / Sunnyside
Lot features City/ Town/ Suburb, Level
Elementary school Parker
Middle school New Castle
High school New Castle
Elementary school district New Castle Community School Corp.
Middle school district New Castle Community School Corp.
High school district New Castle Community School Corp.
Directions GPS Friendly
Standard status Active
APN 33-12-23-320-117.000-016
Size 1,843 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description SUNNYSIDE ADD LOT 13
Tax Annual Amount 1056
Legal Description SUNNYSIDE ADD LOT 13

Utilities

Cooling system Wall Unit(s), Central Air

Building Details

Year built 1940
Floors in Building 1
Number of units 2
Flooring type Laminate, Carpet
Roof type Asphalt, Shingle
Architectural style Other
Listing Agency: F.C. Tucker/Crossroads Real Estate
Listed By: Lora Loveless
Added: Aug 20 Changed: Oct 7 Last Checked: Oct 7 at 10:06AM
MLS# 202634359

Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex at 1930-1932 Fairmont Avenue provides 1,843 square feet of residential space on a 0.14-acre lot. The two-unit layout includes one unit with three bedrooms and one full bathroom, plus a second unit with one bedroom and one-and-a-half bathrooms. The property also includes a basement, laminate and carpet flooring, a shingle and asphalt roof, and chain-link fencing.

A new furnace and new central air unit were installed in mid-September. Additional cooling includes wall unit(s). Parking is supported by a garage and off-street spaces. Built in 1940, the property is located in New Castle, Indiana, in Henry County.

Key Highlights

  • Two‑unit duplex with 1,843 square feet of residential space
  • 0.14‑acre lot at 1930‑1932 Fairmont Avenue, New Castle, IN 47362
  • Unit mix includes 3 bedrooms and 1 full bathroom, plus 1 bedroom and 1 1/2 bathrooms

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center HVAC Service Hair Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

142
Businesses Nearby

Demographics for 47362, IN

30,184
Population
12,523
Households
2.4
Avg Household Size
43
Median Age
15%
College-Educated
89%
High-School Grad
147.7 sq mi
ZIP Area
204
Density / Sq Mi
$56,564
Median Household Income
$38,568
Median Earnings
$792
Median Rent
$131,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two living units offer flexible residential income or owner-occupant use with separate bedroom and bathroom configurations.
Where is this duplex located?
The property is located at 1930-1932 Fairmont Avenue New Castle, IN.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,843 square feet of residential space; 0.14‑acre lot at 1930‑1932 Fairmont Avenue, New Castle, IN 47362; Unit mix includes 3 bedrooms and 1 full bathroom, plus 1 bedroom and 1 1/2 bathrooms
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