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Listed by James Gilday • eXp Realty, LLC
$ 140,000
Est. payment | /mo
6,534 Sqft Lot
$ 140,000
Est. payment | /mo
6,534 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22065237
Year Built 1954
Tax Year 2024
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Duplex
Property Description
Opportunity knocks with this solid, income-producing duplex located in the heart of Muncie, Indiana! These duplex features two separate units, each fully rented with long-term tenants in place-offering immediate cash flow from day one. Each unit is on its own level (not a stacked setup!), with separate entrances for added privacy and convenience. The building spans two stories, but both units are single-level living spaces, making maintenance and tenant turnover simpler. The property is structurally sound, with the owner having completed important updates-most notably the addition of a sewer clean-out in the backyard approximately 2 years ago, helping ensure smooth operation and lower maintenance risk. While the home could benefit from some minor aesthetic updates, the bones are strong, and the layout provides a lot of upside potential. With just a few cosmetic improvements, this could be the perfect investment property or an ideal addition to your growing portfolio or a great starter. Don't miss this rare opportunity to invest in a duplex with great bones, income in place, and plenty of room to increase value over time. Schedule your showing or request more details today!
Location
State IN
County Delaware
Rooms
Basement Partially Finished
Interior
Heating Radiant, Forced Air, Propane
Fireplace N
Exterior
View Y/N true
View Rural, Trees/Woods
Roof Type Shingle
Building
Story Two
New Construction false
Schools
Elementary Schools Grissom Elementary School
Middle Schools Northside Middle School
High Schools Muncie Central High School
School District Muncie Community Schools
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