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701 S 14th St
New Castle, IN 47362
Multifamily Property For Sale · 12 Units

INVESTMENT HIGHLIGHTS

  • 7,344 SF building
  • Value add through rental increase
  • Zoned R3
  • 12 units
  • Renovated in 2024-25
  • 92% occupancy

PROPERTY FACTS

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.25 AC
Building Size 7,344 SF
Average Occupancy 92%
No. Stories 3
Year Built/Renovated 1974/2024
Parking Ratio 1.63/1,000 SF
Zoning R

AMENITIES

UNIT AMENITIES

  • Cable Ready
  • Heating
  • Eat-in Kitchen
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Double Pane Windows

SITE AMENITIES

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Trash Pickup - Curbside
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 12 - 750

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33-12-15-240-209.000-016
Land Assessment
$13,400
Improvements Assessment
$417,800
Total Assessment
$431,200
  • Listing ID: 35687535

  • Date on Market: 4/30/2025

  • Last Updated:

  • Address: 701 S 14th St, New Castle, IN 47362

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