Duplex with New
For Sale
$164,900
502 S 12th St, New Castle, IN 47362
Both residences feature generous layouts, formal dining rooms, fireplaces, and downstairs laundry hookups.
Property Size2,688 SF
Price / SF$61.35
Days on Market48
Property Features for 502 S 12th St
General Information
Standard status
Active
Size
2,688 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/1.5BA
Multifamily Units
2
Amenities
fireplace
fenced backyard
laundry hookup
Building Details
Year Built
1900
Buildings
1
Listing Agency:
RE/MAX First Integrity
Listed By:
Krista Gibson · License #RB17001821
(765) 524-4013
Source:
Kmsrealestategroup
Added: Aug 21
Changed: Sep 10
Last Checked: Oct 5 at 10:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX First Integrity
Investment Insights
Based on property information with market context.
This 2,688 SF duplex contains two spacious residences, each arranged with three bedrooms, one-and-a-half baths, a formal dining room, a fireplace, tall ceilings, and generously sized rooms. Each unit also includes a downstairs laundry hookup, while fenced backyard space serves the property.
One unit is occupied by a long-term tenant, and the second is expected to be vacant by the end of the month. Recent capital work includes a new roof completed this year and a replacement sewer line extending from the house to the road. Located at 502 S 12th St in New Castle, the property is minutes from downtown.
One unit is occupied by a long-term tenant, and the second is expected to be vacant by the end of the month. Recent capital work includes a new roof completed this year and a replacement sewer line extending from the house to the road. Located at 502 S 12th St in New Castle, the property is minutes from downtown.
Key Highlights
- Two‑unit duplex totaling 2,688 SF
- Each unit includes 3 bedrooms and 1½ baths
- One unit has a long‑term tenant in place
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
606
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences feature generous layouts, formal dining rooms, fireplaces, and downstairs laundry hookups.
Where is this duplex located?
The property is located at 502 S 12th St New Castle, IN.
What is the asking price?
The asking price for this property is $164,900.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,688 SF; Each unit includes 3 bedrooms and 1½ baths; One unit has a long‑term tenant in place
