# 2702 Broad Street, New Castle, IN 47362

> **TL;DR:** 3bd/1ba commercial, $115,000. Est. $616/mo. Listed 172 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $115,000 |
| Bedrooms | 3 |
| Bathrooms | 1 full |
| Lot Size | 13,504 sqft (0.31 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 172 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $582 |
| Estimated Insurance | $34 |
| **Total** | **$616** |

## Nearby Schools

- **Middle:** New Castle Middle School

## Property Highlights

- 0.31 acre lot

## Description

### Agent Description
Investor Opportunity in Downtown New Castle! Opportunity awaits with this 6-unit apartment property located in downtown New Castle. Major exterior improvements and key system updates have already been completed, making this an ideal value-add investment for the next owner to finish and start leveraging rental income. Updates to the property's exterior accentuate a strong curb appeal and may reduce future maintenance concerns. Additional improvements have been made to the electrical and plumbing systems, providing a solid start for continued renovations and stabilization. With its favorable location near downtown amenities, shopping, dining, and local employers, this multi-unit property offers excellent potential for long-term cash flow and portfolio growth. Whether you're an experienced investor or looking to expand your rental holdings, this is a rare opportunity to complete a partially updated income-producing property in a growing market. Schedule your showing today and bring this investment Home!

## Location

- **Address:** 2702 Broad Street, New Castle, IN 47362
- **County:** Henry
- **Coordinates:** 39.929163, -85.351229
- **Google Maps:** https://www.google.com/maps?q=39.929163,-85.351229

## Listing Agent

- **Name:** Jamar Wright
- **Brokerage:** Keller Williams Indianapolis Metro North
- **Broker Phone:** (317) 846-6300

## Photos

![2702 Broad Street - Photo 1](http://lh.rdcpix.com/2de16879e9edd75b14a1f466bd8b3459l-f4239902896r.jpg)

![2702 Broad Street - Photo 2](http://lh.rdcpix.com/2de16879e9edd75b14a1f466bd8b3459l-f1640425581r.jpg)

![2702 Broad Street - Photo 3](http://lh.rdcpix.com/2de16879e9edd75b14a1f466bd8b3459l-f1132927386r.jpg)

![2702 Broad Street - Photo 4](http://lh.rdcpix.com/2de16879e9edd75b14a1f466bd8b3459l-f3777121196r.jpg)

![2702 Broad Street - Photo 5](http://lh.rdcpix.com/2de16879e9edd75b14a1f466bd8b3459l-f3013096922r.jpg)

![2702 Broad Street - Photo 6](http://lh.rdcpix.com/2de16879e9edd75b14a1f466bd8b3459l-f39727327r.jpg)

![2702 Broad Street - Photo 7](http://lh.rdcpix.com/2de16879e9edd75b14a1f466bd8b3459l-f4085368273r.jpg)

![2702 Broad Street - Photo 8](http://lh.rdcpix.com/2de16879e9edd75b14a1f466bd8b3459l-f1266313874r.jpg)

![2702 Broad Street - Photo 9](http://lh.rdcpix.com/2de16879e9edd75b14a1f466bd8b3459l-f1865531833r.jpg)

![2702 Broad Street - Photo 10](http://lh.rdcpix.com/2de16879e9edd75b14a1f466bd8b3459l-f2156499713r.jpg)

---

**MLS#:** 22101503 | **Updated:** 2026-10-28
**Source:** listhub

*Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/2702-broad-street-new-castle-in-47362-69a4c36e37734518a849454a196129a4)

---

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