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Gaston, IN Multifamily Home for Sale

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    $179,900

    • 4 Beds
    • 2 Baths
    • 2,202 Sq Ft

    202-204 Mill, Gaston, IN 47342

    Prime Investment Opportunity in Gaston! This full-brick duplex, built in 2006, is one of the best investment properties in the area. Each side offers 1,101 sq ft with 2 bedrooms, 1 bath, interior laundry, a spacious living room, and an oak cabinet kitchen complete with appliances (refrigerator, dishwasher, range, microwave, and water softener). One unit is currently leased at $850/month, while

    Agent Photo

    Steve Slavin

    Coldwell Banker Real Estate Group

    (765) 725-6077

    202-204 Mill, Gaston, IN 47342

Why Live in Gaston

Gaston, Indiana, is a small town situated among expansive farmland, approximately 20 minutes from Muncie. Established in the 1830s, Gaston has a rich history rooted in agriculture, with many families returning to their ancestral homes. The town features a mix of bungalows, farmhouses, and ranch-style homes, some over 150 years old. Due to limited inventory and low turnover, homes sell quickly. Wes-Del Community Schools are highly rated and incorporate STEM education at all levels, with facilities like a STEM Lab and Innovation Lab. Dining options include The Barking Cow, known for its homemade ice cream and the Pig Trough Challenge, and Mill Street Inn, offering blue-plate specials and Pizza King pies. For shopping, residents rely on Dollar General and drive to Muncie for more options, including Meijer, 15 minutes away. Gaston is the northernmost point on the Cardinal Greenway, a 62-mile multiuse trail that spans five counties. Manuel Lykins Park, the town’s only green space, has recently added pickleball and basketball courts. Community life revolves around faith, family, and farming, with six churches serving as resource centers. The Gaston Lions Club Fair is a notable event featuring vendors, a pageant, and a demolition derby. Residents often gather at the American Legion and Gaston Lions Club for social activities. With sidewalks on some streets, most locals rely on cars for transportation, with Interstate 69 accessible via U.S. Route 35 and IU Health Ball Memorial Hospital located 20 minutes away in Muncie.

Home Trends in Gaston, IN

Housing Trends

Median Sale Price
$134,900
Median Single Family Sale Price
$153,900
Average Price Per Sq Ft
$75
Number of Homes for Sale
1
Last 12 months Home Sales
22
Months of Supply
0.50
Median List Price
$154,900
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
0%
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