1701-1705 Morton Street, New Castle, IN 47362
Local realty services provided by:Better Homes and Gardens Real Estate Connections



Listed by:james meredithCell: 765-808-4973
Office:nexthome elite real estate
MLS#:202508184
Source:Indiana Regional MLS
Price summary
- Price:$84,000
- Price per sq. ft.:$53.92
About this home
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.
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Home facts
- Year built:1917
- Listing Id #:202508184
- Added:153 day(s) ago
- Updated:August 14, 2025 at 07:26 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,222 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt
- Year built:1917
- Building area:1,222 sq. ft.
- Lot area:0.24 Acres
Schools
- High school:New Castle
- Middle school:New Castle
- Elementary school:Parker
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$84,000
- Price per sq. ft.:$53.92
- Tax amount:$1,050
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