6-Unit Apartment
For Sale
$115,000
2702 Broad Street, New Castle, IN 47362
Commercial Sale, New Castle, IN
Property SizeContact for details
Lot Size0.31 Acres
Days on Market169
Property Features for 2702 Broad Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bedrooms
3
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2
Middle school
New Castle Middle School
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
Subdivision
3307 - Henry - Henry
Standard status
Active
APN
331214220180000016
Lot size
0.31 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
East Side Add Lots 84 & 85
Tax Annual Amount
4474
Legal Description
East Side Add Lots 84 & 85
Utilities
Utilities
Natural Gas Available
Building Details
Number of units
6
Listing Agency:
Keller Williams Indpls Metro N · Keller Williams Realty
Listed By:
Jamar Wright
(317) 846-6300
Added: May 13
Changed: Oct 28
Last Checked: Oct 28 at 7:06AM
MLS# 22101503
Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This six-unit apartment property includes completed exterior work along with updates to electrical and plumbing systems. The improvements provide an established base for continued renovation and property stabilization. Commercial zoning applies, and natural gas is available at the property.
Located at 2702 Broad Street in New Castle, the property is near downtown amenities, shopping, dining, and local employers. The site encompasses 0.31 acres in Henry County, offering a multifamily asset with existing building improvements and a defined six-unit configuration.
Located at 2702 Broad Street in New Castle, the property is near downtown amenities, shopping, dining, and local employers. The site encompasses 0.31 acres in Henry County, offering a multifamily asset with existing building improvements and a defined six-unit configuration.
Key Highlights
- Six‑unit apartment property
- Exterior improvements already completed
- Electrical system updates
Property Analytics
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Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
129
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Partially updated property with exterior, electrical, and plumbing improvements.
Where is this apartment building located?
The property is located at 2702 Broad Street New Castle, IN.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Six‑unit apartment property; Exterior improvements already completed; Electrical system updates
