221 E 6th ST Pending Save Request In-Person Tour Request Virtual Tour
Muncie,IN 47302
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22055437
Year Built 1902
Tax Year 2024
Lot Size 4,791 Sqft
Property Sub-Type Duplex
Property Description
This duplex offers a fantastic opportunity for both new and experienced investors to capitalize on Muncie's strong and growing real estate market. With a consistent demand for rental properties fueled by Ball State University, local businesses, and a stable community, this duplex is a smart, strategic investment designed for immediate cash flow and long-term appreciation. Investment Highlights: High Rental Demand: Muncie's rental market is robust, with a diverse tenant base keeping occupancy rates high. The city's average rent is significantly lower than the national average, attracting a steady stream of renters seeking quality, affordable housing. Seller's Market: The Muncie real estate market is currently a seller's market, with home values increasing year-over-year. This indicates a healthy market with excellent potential for your investment to grow in value over time. Accessible Investment: The median home price in Muncie provides a more affordable entry point for real estate investors, allowing for a higher potential return on investment.
Location
State IN
County Delaware
Interior
Cooling Window Unit(s)
Building
Story Two and a Half
New Construction false
New Construction false
Schools
School District Muncie Community Schools