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$315,000
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Property Description
Outstanding opportunity to own an income-generating 9-unit apartment building with off-street parking. The property features a mix of one- and two-bedroom units, with current rents ranging from $675 to $840, and a gross annual income of $78,396. Recent improvements include a newly resealed roof (07/2025), several recently updated units, new washer (2024). Tenants have access to an on-site coin-operated laundry area. Multiple units have passed local housing authority inspections-meeting all standards for habitability, safety, and functionality. All units are under standard lease agreements and managed by a licensed property manager. Owner pays gas, water, and trash; tenants pay electric (heat is electric baseboard). Photos from prior rental listings. This is a true turnkey investment with strong cash flow and minimal upkeep-ideal for investors looking for a stable, professionally managed asset.
Full Property Details
Full Property Details for 811 Wilmington Ave
General
- Sold For: $315,000
- Taxes: $5,885
- Status: Closed
- Type: Multi-Family
- Source: West_Penn_MLS
- MLS ID: 1713221
- Added to Site: 221 day(s) ago
Parking
- Parking Features: Off Street
Location
- County: Lawrence
School Information
- Elem School District: New Castle
- Midd School District: New Castle
- High School District: New Castle
Community
- Units Assoc/Comm: 9
Utilities
- Utility Description: Electricity Available, Natural Gas Available, Other, Sewer Available, Water Available
Structural Information
- Construction: Brick
- Basement: Yes
Lot Features
- Lot Size (Acres): 0.241
- Lot Dimensions: .241
- Zoning: C
Financial Considerations
- Assessment Amount: $136,400
- Tax Amount: $5,885
Listing courtesy of Berkshire Hathaway The Preferred Realty
Sold courtesy of Outside Offices NOT Subscribers
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Schools
Schools serving 811 Wilmington Ave
School District:New Castle Area School District
| Name | Grades | Distance |
|---|---|---|
New Castle Junior-Senior High School 300 East Lincoln Avenue, New Castle, PA 16101 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 811 Wilmington Ave
Date
Details
Price
Change
Source
10/14/2025
Sold
$315,000
-31.52%
MLS
8/14/2025
Price Reduced
$460,000
-3.16%
MLS
7/24/2025
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
811 Wilmington Ave, New Castle, PA 16101 (MLS# 1713221) is a Multi-Family property that was sold at $315,000 on October 14, 2025. Want to learn more about 811 Wilmington Ave? Do you have questions about finding other Multi-Family real estate for sale in New Castle? You can browse all New Castle real estate or contact a Coldwell Banker agent to request more information.

