For Sale42d on marketHistoric · 136 yrs
408 E Garfield Ave
New Castle, PA, 16105 • 16105 • Lawrence County
$175,000
-$25,000 since Apr 8, 2026
Down payment assistance available
5Beds
3Baths
0.17 acLot
1890Built
Property DNA
Fourplex Style
Built 1890 · 136 years of history
This home is getting attention
Listed 42 days ago · 126 views · 8 saves
Market activity
Demand and pricing signals for this listing
126 views
People checking out this listing
8 saves
Buyers have saved this home
42 days on market
Established listing
Selling Soon Prediction
HighThis home ranks in the top 20% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1890 · Historic
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.
Standout features identified
Our analysis highlights stunning original woodwork, full basement, and flexible layout as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,144/month
Principal & Interest$910
Property Tax$175
Insurance$58
Down payment20% ($35,000)
3%50%
Est. 6.78% rate · 30yr fixed · $140,000 loan
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At a glance
Key facts and listing details
TypeQuadruplex, Multi Family, Multi Family
Year Built1890
Parking2 Parking spaces
Days on Zillow42 Days
Property
Home typeMulti Family
Sub-typeQuadruplex, Multi Family, Multi Family
StyleFourplex
Year built1890
Systems
RoofComposition
ConstructionFrame
Parking & Outdoor
ParkingOff Street
BasementFull
Lot7,405 sqft
Location & Tax
Neighborhood16105
ZoningR1
Annual tax$2,903
Parcel02171100
Features & details
4 categories of property features
Exterior Features
Parking
Off Street
Construction
Frame
Community
Public Transportation
Utilities
Electricity Available
Natural Gas Available
Sewer Available
Water Available
Listing insights
Market data and value estimates
StatusFor Sale
Days on market42
Est. value$192,700
Est. rent$1,325/mo
Tax rate1.31%
On marketFeb 25, 2026
PostedFeb 25, 2026
MLS updatedApr 8, 2026
Tour days9
Views126
Favorites8
How are the schools in New Castle?
3 schools rated nearby
Location
New Castle, PA, 16105
Price history
4 events
DateEventPrice$/sqftSource
Apr 8, 2026Listed For Sale$175,000—WPMLS
Mar 16, 2026Contingent$200,000—WPMLS
Feb 25, 2026Price Change$200,000—WPMLS
Sep 18, 2025Listed For Sale$250,000—Lakelands West MLS
Listed For Sale$175,000
Apr 8, 2026•WPMLS
Contingent$200,000
Mar 16, 2026•WPMLS
Price Change$200,000
Feb 25, 2026•WPMLS
Listed For Sale$250,000
Sep 18, 2025•Lakelands West MLS
Tax history
15 years of records
YearTax paidAssessed value
Apr 8, 2023$2,903$72,100
Apr 8, 2022$2,895$72,100
Apr 8, 2021$599$72,100
Apr 8, 2020$2,745$72,100
Apr 8, 2019$2,745$72,100
Apr 8, 2018$2,745$72,100
Apr 8, 2017$1,249$72,100
Apr 8, 2016$1,249$72,100
Apr 8, 2015$1,249$72,100
Apr 8, 2014$1,249$72,100
Apr 8, 2013$1,249$72,100
Apr 8, 2012$1,249$72,100
Apr 8, 2011—$72,100
Apr 8, 2010—$72,100
Apr 8, 2007—$72,100
Nearby homes
Neighborhood details
Local context around this listing
New Castle, PA • Lawrence County
Nearby neighborhoods
Mount JacksonNew Castle NorthwestOaklandOakwoodSouth New Castle
Nearby cities
EdinburgEllwood CityNew CastleNew WilmingtonPortersvillePulaskiSlippery RockVolant
Nearby zip codes
161011610216103161051610716108
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