408 E Garfield Ave, New Castle, PA 16105
Lawrence County
Key Facts
Description
Four-unit investment opportunity 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 efficiency 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.
Property Information
Property Type
Residential Income
Sub-Type
Quadruplex
Style
Fourplex
Year Built
1890
Lot Size
0.17 acres
Lot Dimensions
150X50
Parking Spaces
2
Zoning
R1
MLS® Listing#
1741225
Property Features
Basement
Parking
Construction
Roof
Utilities
Financial Details
Annual Taxes
$2,903
Assessed Value
$72,100
Directions
Highland Ave to E Garfield property on right
Affordability Calculator
$35,000
Estimated monthly payment
$931/mo
Principal $140,000 · Est. interest $195,312 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in New Castle, PA
- $260,360
- Median Listing Price
- 50
- Median Days on Market
- 1,900
- Median Sq Ft
- $164
- Median Price / Sq Ft
- 405
- Active Listings
- This home’s price is 33% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in New Castle, PA.
Location
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Points of Interest in New Castle, PA
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Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1739 Kimball Ave, New Kensington, PA | $124,000 | — | — | — |
| 1013 Stearns Road, New Milford, PA | $125,000 | — | — | — |
| 507 N Jefferson Street, New Castle, PA | $129,000 | 3 | 2 | 1,198 |
| 112 2nd Avenue, New Eagle, PA | $129,000 | 3 | 1 | 1,308 |
| 602 Court St, New Castle, PA | $129,900 | 2 | 2 | 1,948 |
| 200 Freeport St, New Kensington, PA | $129,900 | — | — | — |
Moving Cost Estimate
EXIT Agents in New Castle
Listing Courtesy: BERKSHIRE HATHAWAY THE PREFERRED REALTY - 7246586645
Last Updated: 2026-02-25