1701-1705 Morton Street, New Castle, IN 47362

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$84,000

bedrooms

bathrooms

square feet

1,222

Acreage

0.239

Open Houses

year built

1917

Full Baths

Half Baths

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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.

Location
Subdivision	Other
County	Henry County
Elementary School	Parker
Middle School	New Castle
High School	New Castle

Driving directions

Open houses

None scheduled.

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MLS number: 202508184

Listing agent: James Meredith #RB24001350

Listing broker: Nexthome Elite Real Estate (765) 749-4546

Copyright © 2025 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 15 2025 at 9:33 p.m. EDT

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