Under Contract

408 E Garfield Ave Ave

New Castle, PA 16105
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Bed --

Bed

Bath 0

Bath

Acres0.17

Acre(Lot)

Value-add four-unit investment opportunity with projected annual gross rental income of approximately $28,800 at market rents. Built in 1890 and family owned since 1916, this historic property offers strong upside potential for investors seeking cash flow and appreciation. The property consists of four separate units, each with private entrances. Gas and electric are separately metered, reducing owner utility responsibility. Water and sewer are shared. A detached one-bedroom residence with full basement provides additional rental flexibility or potential owner-occupant use. With separate utilities, multiple units, and projected solid rental performance, this property presents an opportunity to stabilize, increase rents over time, and build long-term equity. Ideal for investors looking to reposition and maximize returns.

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Detail Ic Property Details

Property Type : Residential Income

Price : $175,000

AD Id : 75620330

MLS Id : 1741225

Lot Size : 0.17 Acre

Year Built : 1890

County : Lawrence

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Feature Features

  • Room Information

    Has Basement: Yes Basement: Full
  • Roofing Information

    Composition
  • Interior Features

    Roof: Composition

  • Building Information

    Year Built: 1890 Construction Materials: Frame Private Pool: No

  • Lot Information

    Lot Dimensions: 150X50 Main Square Feet: 0.17 Acres Lot Size Acres: 0.17

  • Listing Price Information

    Listing Price: $175000 Original Price: $200000

  • Tax Information

    Annual Tax: $2903

  • Utility Information

    Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Location Information

    Direction: GPS
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1206 Delaware Ave Ave, New Castle, PA, 16105 $99,000 -- -- --
1604 Highland Ave Ave, New Castle, PA, 16105 $150,000 -- -- --

West Penn MLS, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than ByOwner may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Last Updated: 06/08/2026 @ 17:16

ByOwner last updated this listing 06/08/2026 @ 17:16

MLS: 1741225 LISTED BY: Rick Sikora, BERKSHIRE HATHAWAY THE PREFERRED REALTY 724-658-6645 SOURCE: West Penn MultiList

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