Discover the perfect investment with this versatile property featuring two fully rented units—a charming 3-bedroom, 1-bathroom main home and a separate 1-bedroom, 1-bathroom ADU (Accessory Dwelling Unit). Combined, these units generate a total of $1,185/month in rental income—with the main home at $600/month (1701) and the ADU at $585/month (1705). The spacious main residence offers abundant natural light, a functional kitchen, and a private backyard—ideal for relaxing or entertaining. The cozy ADU includes a full kitchen, comfortable living space, and a private entrance, providing flexibility and privacy for tenants or extended family. Located near schools, shopping, and other local amenities, this property also features ample off-street parking and strong income potential. Whether you're an investor seeking consistent cash flow, a homeowner looking for additional revenue, or in need of a multi-generational living setup, this property offers endless possibilities. Don’t miss out on this income-generating gem.
Active
Price cut: $6K (4/15)
$84,000
1701-1705 Morton St, New Castle, IN 47362
3beds
1,222sqft
Est.:
Single Family Residence
Built in 1917
10,410.84 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Cozy aduAbundant natural lightSpacious main residenceComfortable living spaceFunctional kitchenPrivate backyardFull kitchen
- 43 days
- on Zillow |
- 372 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: April 15, 2025 at 03:08pm
Listed by:
James Meredith Office:765-729-5181,
NextHome Elite Real Estate
Source: IRMLS,MLS#: 202508184

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Bedroom 1
- Level: Main
Bedroom 2
- Level: Upper
Dining room
- Area: 200
- Dimensions: 20 x 10
Kitchen
- Level: Main
- Area: 180
- Dimensions: 18 x 10
Living room
- Level: Main
- Area: 169
- Dimensions: 13 x 13
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Refrigerator, Gas Oven, Gas Range
Features
- Flooring: Carpet
- Basement: Crawl Space,Partial,Block
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,558
- Total interior livable area: 1,222 sqft
- Finished area above ground: 1,222
- Finished area below ground: 0
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
- Fencing: None
Lot
- Size: 10,410.84 Square Feet
- Dimensions: 80 x 130
- Features: Corner Lot, City/Town/Suburb
Details
- Parcel number: 331222210210.000016
- Zoning: R1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1917
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: Other
Location
- Region: New Castle
Financial & listing details
- Tax assessed value: $49,300
- Annual tax amount: $1,050
- Date on market: 3/14/2025
- Listing terms: Cash,Conventional
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