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408 E Garfield Ave, 
New Castle, PA 16105

$200,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Rick Sikora

Berkshire Hathaway The Preferred Realty

Last updated:

February 28, 2026, 11:03 AM

MLS#

1741225

Source:

PA WPN

About This Home

408 E Garfield Ave

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.

Home Facts

Multi-Family

Built in 1890

Price Summary

200,000

MLS #:

1741225

Last Updated:

February 28, 2026, 11:03 AM

Added:

8 day(s) ago

Structure

Structure

Architectural Style:

Fourplex

Year Built:

1890

Lot

Lot Size (Sq. Ft):

7,405

Finances & Disclosures

Finances

Price:

$200,000

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Last Updated February 28, 2026. Information deemed reliable but not guaranteed. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.