$148,000
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.
GPS Friendly
| MLS # | 22055437 |
|---|---|
| Date Listed | 2025-08-07 |
| Status | Active |
| Property Type | Multi-Family/Apartments |
| Property SubType | Duplex |
| New Construction | No |
| Type | Duplex |
| Year Taxes Payable | 2024 |
| Year Built | 1902 |
| Days on Market | 91 |
| Cooling | Window Unit(s) |
|---|
| Construction | Duplex |
|---|---|
| Lot Size | 4,800 sq ft |
| Acreage | 0.11 Acres |
| Fence | None |
| Area | Delaware |
|---|---|
| County | Delaware |
| Subdivision | No Subdivision |
| Township | Center |
| City | Muncie |
| State | IN |
| Zip | 47302 |
| School District | Muncie Community Schools |
|---|
| Assoc. Dues | $0.00 |
|---|
MLS# 22055437
IDX information provided by the MIBOR REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Justin Lowe
Ellsbury Commerical Group
justin.lowe@ellsburygroup.com
Listing updated September 24, 2025 at 11:24 am
Last checked 18 minutes ago