Welcome to this fantastic investment opportunity in the heart of New Castle, Indiana! This well-maintained duplex offers two separate rental units, each with its own private entrance. It's the perfect opportunity for investors looking for a solid, income-generating property or for someone looking to live in one unit while renting out the other.Unit 1 (Main Level): This spacious 3-bedroom, 1-bathroom unit features fresh paint and new carpet throughout. With a large living space, and comfortable bedrooms, this unit is perfect for families or long-term tenants. The current tenant has just resigned a 1-year lease at $1,050 per month, offering stability and reliable cash flow from day one. Unit 2 (Upper Level): The cozy 1-bedroom, 1-bathroom unit offers a more compact living space with fresh paint and new carpet. This unit rents for $695/month.
Active
$139,900
1127-1129 S 18th St, New Castle, IN 47362
4beds
2baths
--sqft
Est.:
Multi Family, Duplex
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Private entranceComfortable bedroomsCompact living spaceFresh paintNew carpetLarge living space
- 40 days
- on Zillow |
- 322 |
- 20 |
Zillow last checked: 7 hours ago
Listing updated: April 21, 2025 at 03:36pm
Listing Provided by:
Kayla Walker kayla.walker@talktotucker.com,
F.C. Tucker/Crossroads
Source: MIBOR as distributed by MLS GRID,MLS#: 22026537

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Window Unit(s)
Features
- Basement: Unfinished
Property
Parking
- Parking features: Alley Access
- Details: Unit Parking(On Street)
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 5,096.52 Square Feet
- Features: City Lot, Corner Lot, Sidewalks, Street Lights, Mature Trees
Details
- Parcel number: 331214310282000016
- Special conditions: As Is,Sales Disclosure On File
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Aluminum Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1900
Community & HOA
Community
- Subdivision: 1st Industrial
Location
- Region: New Castle
Financial & listing details
- Annual tax amount: $890
- Date on market: 3/17/2025
- Tenant pays: Cable TV, Electricity, Gas, Insurance
- Road surface type: Asphalt
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