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1701-1705 Morton Street New Castle, IN 47362

  • (sold: 8/21/2025)
  • 3 Beds
  • 1 Full Bath
  • 1,222 sq ft
  • Year Built: 1917
  • Residential
  • Listing #202508184
  • Status: Sold

Property Description

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!

Listing Details

Price (sold: 8/21/2025)
Bedrooms3 Beds
Bathrooms1 Full Bath
Year Built1917
Property TypeResidential
Listing #202508184
StatusSold
Listing TypeFor Sale

Interior Features

Square Feet1,222

Exterior Features

Lot Size0.24 acres

Community Information for New Castle, IN 47362

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Community overview information from Home Junction Inc.

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Estimated taxes and insurance are not included. Sales price from MLS. Mortgage calculator source: NextHome, Inc.

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