5
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Listed by Justin Lowe • Ellsbury Commerical Group
$135,000
Est. payment /mo
4,791 Sqft Lot
Pending
1328 E Main ST Muncie, IN 47305
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22055426
Year Built 1910
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Duplex
Property Description
This is your chance to acquire a meticulously maintained, high-earning duplex in Muncie, Indiana's robust and growing real estate market. Positioned in a desirable neighborhood, this property is more than just a home-it's a proven income-generating asset, perfect for the seasoned investor or a savvy owner-occupant looking to live for free. Investment Highlights: Exceptional Cash Flow: With both units currently occupied by reliable tenants on secure leases, you'll benefit from immediate and consistent rental income from day one. Muncie's rental market is strong, with average rents showing significant year-over-year growth. Prime Location: Strategically located near [mention a specific local landmark, e.g., Ball State University, IU Health Ball Memorial Hospital, downtown Muncie], this property attracts a diverse and stable tenant base, from students and faculty to young professionals. Its proximity to local amenities ensures low vacancy rates and high demand. Low-Maintenance & Updated: The property has been thoughtfully updated to minimize maintenance and maximize returns. Recent upgrades include HVAC, Plumbing, Electrical , reducing future capital expenditures and increasing tenant satisfaction.
Location
State IN
County Delaware
Interior
Heating Electric, Baseboard
Fireplace N
Building
Story Two
Structure Type Brick
New Construction false
New Construction false
Schools
School District Muncie Community Schools
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Chris Buckely
IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311
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