$120,000

317 N Shenango St New Castle, PA 16101

Estimated payment $687/month

Total Views 12,266
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

4-Plex Investment Property – Fully Occupied & Updated! Incredible opportunity to own a fully occupied, income-generating 4-unit multifamily property that’s been thoughtfully maintained and upgraded for long-term value. This updated 4-plex features separately metered utilities, minimizing landlord expenses and simplifying management. Recent improvements include a brand new roof, and two new furnaces—offering peace of mind and reducing future capital expenses. The first-floor unit boasts a cute private back patio, perfect for outdoor relaxation. Inside, all units have been updated with modern finishes, attracting stable tenants and reducing vacancy risk. Located in a high-demand rental area, this is a strong performing asset ready for any investor looking for reliable cash flow.

Listing Agent

Francesca Ferrara

CASTLE REALTY Listed on: 09/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $575

Year Built

  • Built in 1920

Lot Details

  • 6,142 Sq Ft Lot

Home Design

  • Quadruplex
  • Asphalt Roof
  • Cedar

Parking

  • On-Street Parking
  • Off-Street Parking

Additional Features

  • Basement

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $700
  • Gross Income $25,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$575

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Municipality: New Castle
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Lot Size Acres: 0.141
  • Lot Size: 0.141
  • Directions: GPS
  • Architectural Style: Fourplex
  • Year Built: 1920
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Basement YN: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Cedar

Garage/Parking

  • Parking Features: Off Street, On Street

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Schools

  • Junior High Dist: New Castle

Lot Info

  • Zoning: R2
  • Zoning Description: R2

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 25440.0
  • Insurance Expense: 700.0

Tax Info

  • Tax Annual Amount: 575.0

Map

Range of Values:

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ICE

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 For Sale $120,000 -- --
Source: West Penn Multi-List

About the Listing Agent

Francesca's Other Listings

  • 330 Shaw St, New Castle, PA 16101

    $95,000

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    • New Castle, PA

    Fully Occupied Duplex – Turn-Key Investment! This property offers two well-maintained units with steady rental income, making it an ideal addition to any portfolio. Both units are currently fully occupied, providing immediate cash flow for the new owner.

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  • 335 Laurel Blvd, New Castle, PA 16101

    $79,900 Under Contract

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    Updated, Fully Rented Duplex – Turnkey Investment Opportunity! Well-maintained and fully rented duplex—ideal for investors looking to expand their portfolio with immediate cash flow. Each unit features a spacious living room, formal dining area, full kitchen, two large bedrooms, a full bath, and separate storage areas. All utilities are separately metered. Additional features include a detached

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  • 238 E Leasure Ave, New Castle, PA 16101

    $129,000

    • 238 E Leasure Ave
    • New Castle, PA

    Fantastic Investment Opportunity! This move-in ready triplex is the perfect addition to any portfolio. Each unit has been well-maintained, offering comfortable living spaces and reliable rental income. With strong rental potential and a property that requires minimal upkeep, this is a truly turn-key investment. Whether you’re a seasoned investor or just starting out, this property provides an

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  • 211 S Walnut St, New Castle, PA 16101

    $99,000

    • 211 S Walnut St
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    Excellent Investment Opportunity! This well-maintained side-by-side duplex sits on a desirable corner lot and is fully designed for tenant appeal. Each unit offers its own back patio, creating private outdoor space, and one unit includes a carport for added convenience. With strong rental potential and a functional layout, this property is a turn-key addition to any portfolio. Perfect for

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  • 612 Pearson St, New Castle, PA 16101

    $49,900

    • 2 Beds
    • 1 Bath
    • 1,149 Sq Ft
    • 612 Pearson St
    • New Castle, PA

    Introducing a rare opportunity to acquire occupied rental portfolio featuring seven single-family homes, each generating consistent rental income. This well-maintained package is ideal for investors seeking immediate cash flow with minimal upfront work. Key Highlights: 7 Single-Family Homes – All properties are in established neighborhoods with strong rental demand. Long-Term Tenants – Each home

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  • 503 S Walnut St, New Castle, PA 16101

    $119,000

    • 503 S Walnut St
    • New Castle, PA

    Turnkey 4-Plex Investment Property – Fully Occupied & Updated! Fantastic opportunity to own a well-maintained, fully occupied 4-unit multifamily property with strong rental income! This updated 4-plex features separately metered utilities for each unit, making management and tenant billing simple and efficient. The property boasts a brand new front deck, adding curb appeal and a welcoming touch

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  • 606 Court St, New Castle, PA 16101

    $109,900 Under Contract

    • 606 Court St
    • New Castle, PA

    TRIPLEX READY TO MOVE IN AND ADD TO YOUR PORTFOLIO! Fully Occupied & Freshly painted interior! Each apartment offers spacious kitchens and living room space. Full baths in each unit. Ground entry for each apartment entrance. Private back parking for the units. Separate Electric Meters. Owner responsible for Water/Sewer/Gas. New Furnace. NEW ROOF 2025!

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  • 628 Superior St, New Castle, PA 16101

    $70,000

    • 4 Beds
    • 2 Baths
    • 1,472 Sq Ft
    • 628 Superior St
    • New Castle, PA

    Welcome to this generously sized home offering the perfect blend of comfort and convenience! Featuring 4 bedrooms and 2 full bathrooms, this home includes a main floor bedroom with an updated, handicap-accessible full bath, ideal for guests or multigenerational living. Upstairs, you'll find three additional bedrooms and a second full bathroom, providing ample space for family or office needs. The

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  • 416 E Euclid Ave, New Castle, PA 16105

    $149,900

    • 3 Beds
    • 1 Bath
    • 1,580 Sq Ft
    • 416 E Euclid Ave
    • New Castle, PA

    Welcome to this beautifully updated home nestled in the heart of New Castle's desirable North Hill neighborhood. From the moment you arrive, you'll be impressed by the expansive concrete driveway that provides ample parking and leads to a generous backyard patio—perfect for entertaining, or enjoying outdoor dining. Step inside to a spacious and inviting entryway, featuring a stylish catch-all

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Source: West Penn Multi-List

MLS Number: 1720178

West Penn Multi-List