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Duplex with Off-Street Parking
New
For Sale
$89,500

731 731.5 E Main St, New Castle, PA 16101

ResidentialIncome, New Castle, PA

Property SizeContact for details
Lot Size0.11 Acres
Days on Market6

Property Features for 731 731.5 E Main St

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Res
Zoning description Res
Bedrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Parking 2
Parking features Off Street
Elementary school district New Castle
Middle school district New Castle
High school district New Castle
Directions West off Ray St., home on right.
Subdivision New Castle/3rd
Standard status Active
Lot size 0.11 Acres

Taxes and HOA fees

Tax Annual Amount 826

Building Details

Year built 1978
Number of units 2
Building materials Frame
Roof type Asphalt
Listing Agency: ADVANTAGE HOMES REAL ESTATE
Listed By: Joseph Carofino · License #SB065178
Added: Oct 8 Changed: Oct 12 Last Checked: Oct 13 at 4:06PM
MLS# 1778744

Copyright © 2026 West Penn Multi List, Inc. 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.

Built in 1978, this frame duplex has a multilevel layout with each residence’s living area arranged on its own floor. Both units are equipped with a stove, refrigerator, and wall-unit air conditioner. The property is all electric and includes storage space; hot water tanks were installed about five years ago, and carpet on the upper level was replaced a couple of years ago.

The 0.11-acre property has a private lot and off-street parking in front. It is zoned Res and is located at 731 and 731.5 E Main St in New Castle, Pennsylvania.

Key Highlights

  • Duplex with both units fully rented
  • 0.11‑acre lot with off‑street parking in front
  • Separate floor‑level living areas for each unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Furniture & Home Goods Parking Lot & Garage Bakery Catering Service Dental Office

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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

528
Businesses Nearby

Demographics for 16101, PA

31,960
Population
14,755
Households
2.2
Avg Household Size
44
Median Age
18%
College-Educated
92%
High-School Grad
69.2 sq mi
ZIP Area
462
Density / Sq Mi
$50,481
Median Household Income
$36,670
Median Earnings
$706
Median Rent
$109,600
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 Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence occupies its own floor and includes appliances, wall-mounted air conditioning, and storage.
Where is this duplex located?
The property is located at 731 731.5 E Main St New Castle, PA.
What is the asking price?
The asking price for this property is $89,500.
What are key features of this property?
This property features: Duplex with both units fully rented; 0.11‑acre lot with off‑street parking in front; Separate floor‑level living areas for each unit
More about this property
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