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    New Castle, CO
    Residential Income

    New Castle, CO Residential Income Properties for Sale

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    Silt, CO Glenwood Springs, CO Rifle, CO Collbran, CO Carbondale, CO Gypsum, CO
    6 properties
    Turnkey Mixed-Use Hospitality Property
    Updated: Jun 22
    Turnkey Mixed-Use Hospitality Property

    502 W Main Street, New Castle, CO 81647

    $1,450,000
    7,474 sqft 0.11 AC lot
    Turnkey mixed‑use income property with 7 residential units plus a ground‑floor commercial space leased to a salon
    Offered at a 9.2% cap rate based on existing lodging operations
    Directly on Main Street, with access/demand draw from the Glenwood Springs/Vail/Aspen corridor
    Frame construction; built in 1898
    Public water; membrane roof
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    This listing looks promising.

    Here's a quick look at some key insights for

    502 W Main Street, New Castle, CO 81647

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    • Est. Cap Rate

      6.3%
      Above avg (5.9%)

    • Est. NOI

      $91K
      Annual

    • Mortgage

      $385K
      Jan 2018

    • Property Type

      Commercial (General)
      Built 1898
    View Property Analytics
    Half Duplex with Covered Walkout Patio
    Updated: Aug 18, 2025
    Half Duplex with Covered Walkout Patio

    46 Whitetail Drive, New Castle, CO 81647

    $850,000
    1,822 sqft 0.24 AC lot
    Half duplex under construction by G&R Construction, with proposed completion in August 2026
    1,821.7 SF floor plan with 3 bedrooms and 3 full bathrooms
    Main level features an open layout with a corner fireplace and access to a covered walkout patio
    2‑car garage plus laundry room with water closet for guest use
    Central air and forced‑air heating; public water service
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    Half Duplex Residence
    Half Duplex Residence

    40 Whitetail Drive, New Castle, CO 81647

    $850,000
    1,817 sqft 0.24 AC lot

    Proposed August 2026 completion for a half duplex featuring an open main level with corner fireplace and covered walkout patio.

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    Turnkey Mixed-Use Income Property
    Turnkey Mixed-Use Income Property

    502 W Main St, New Castle, CO 81647

    $1,450,000

    Turnkey mixed-use building with seven residential units and a ground-floor salon lease, plus retained restaurant venting.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Updated Duplex in Castle Ridge
    Updated Duplex in Castle Ridge

    94 CASTLE RIDGE Drive, New Castle, CO 81647

    $580,000
    1,620 sqft 0.10 AC lot

    Move-in ready duplex with modern updates and low-maintenance yard.

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    Mixed-Use Property with Short-Term Rentals
    Mixed-Use Property with Short-Term Rentals

    502 W Main Street, New Castle, CO 81647

    $1,450,000

    Remodeled mixed-use building with seven short-term rental units and a leased main-level commercial space.

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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 6 Active listings in New Castle, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Ranch Duplex With Two Separate Units
    Ranch Duplex With Two Separate Units

    907 Blake Avenue, Glenwood Springs, CO 81601

    $899,000
    1,712 sqft 0.11 AC lot

    Two-unit ranch duplex with modern updates, 6-foot windows, and alley parking plus a one-car garage.

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    Ranch Duplex with Private Garages
    Ranch Duplex with Private Garages

    131 2nd Street, Silt, CO 81652

    $600,000
    1,500 sqft 0.18 AC lot

    Well-maintained duplex features two 2-bed, 1-bath units, private one-car garages, fenced back yards, and a shared basement laundry area.

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    Triplex with RV Storage
    Triplex with RV Storage

    6301 County Road 346, Silt, CO 81652

    $849,000
    2,880 sqft

    Three residential units plus RV storage and multiple outbuildings, with two rentals currently vacated and one month-to-month.

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    Single-Family Home with ADU
    Single-Family Home with ADU

    716 Minter Avenue, Glenwood Springs, CO 81601

    $1,099,000
    2,361 sqft 0.17 AC lot

    Move-in-ready remodeled home featuring a separate 1-bedroom ADU for flexible living or additional income.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Duplex Lot Near Recreation Center
    Duplex Lot Near Recreation Center

    Spirit Way, New Castle, CO 81647

    $219,000
    0.36 AC lot

    Flat 0.36 acre duplex lot near pool and recreation.

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    Lakota Canyon Ranch Land
    Lakota Canyon Ranch Land

    561 Deer Valley Drive lot: 32, New Castle, CO 81647

    $139,500
    0.19 AC lot

    Residential lot with golf course views and community amenities.

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    Residential Cul-de-Sac Lot Backing Golf Course
    Residential Cul-de-Sac Lot Backing Golf Course

    23 Marys Way, New Castle, CO 81647

    $130,000
    0.28 AC lot

    Residentially zoned lot at the end of a quiet cul-de-sac, backing to Lakota Links Golf Course.

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    Silt, CO Land Parcel
    Silt, CO Land Parcel

    Grand Avenue, Silt, CO 81652

    $2,850,000
    40.58 AC lot

    40.58 acre parcel for future development in Silt, CO.

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    Off-Market Properties in New Castle, CO

    Consider similar Off-Market properties in New Castle, CO. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    5033 County Rd 335
    MOBILE HOME PARK, TRAILER PARK

    5033 County Rd 335, New Castle, CO 81647-9663

    $23,560,000
    Estimated value
    63.31 AC lot
    View details
    2095 Co Rd
    Farms

    2095 Co Rd, New Castle, CO 81647

    Value Estimation by Request
    62.40 AC lot
    View details
    5033 County Rd 335
    MOBILE HOME PARK, TRAILER PARK

    5033 County Rd 335, New Castle, CO 81647-9663

    Value Estimation by Request
    2.44 AC lot
    View details
    143 7th St
    MOBILE HOME PARK, TRAILER PARK

    143 7th St, New Castle, CO 81647-8485

    Value Estimation by Request
    1.96 AC lot
    View details

    New Castle, CO Residential Income Properties Market Trends and Statistics

    Explore 10 residential income properties for sale in New Castle, CO, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 12,733 square feet of properties for sale, with an estimated market value of $6,630,000.

    Sale prices for residential income properties in New Castle, CO start at $580,000, averaging $1,105,000, and reaching up to $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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 6
    Duplexes 3
    Short term rental properties 3
    Apartment buildings 1

    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 $1.1M

    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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