Turnkey Duplex Investment Opportunity! Attention investors! This fully remodeled duplex offers an excellent opportunity for immediate cash flow. Renovated in early 2024, this property is professionally managed by Morgan Properties and features two updated units with fully split utilities, allowing the burden of those costs to fall directly on to your tenants. GROSS INCOME: $1,649.00/MONTH Property Highlights: Fully Remodeled (2023/2024) - Modern upgrades throughout both units Immediate Rental Income - Lower unit rented at $949/month, the upstairs unit to be leased on March 10, 2025 at $700/month Tenants Pay All Utilities - Lower expenses for the owner Separate Meters - Tenants responsible for all utilities Professional Management - Professionally managed by Morgan Properties for a turn-key investment opportunity with a team already in place to support you. Located in a growing rental market, this duplex is an ideal addition to any investor's portfolio. With stable tenants and updated interiors, it's a turnkey property ready to generate income. Property is being sold As-Is. The property is in need of some maintenance and repairs. Don't miss out!
Active
$160,000
1709 S Elm St, Muncie, IN 47302
2beds
1baths
--sqft
Est.:
Multi Family, Duplex
Built in 1894
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Modern upgradesUpdated interiors
- 50 days
- on Zillow |
- 206 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: April 24, 2025 at 01:38pm
Listing Provided by:
Ryan Boots sales@bootsrei.com,
Boots Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22025319

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Forced Air
Cooling
- None
Features
- Has basement: Yes
Property
Parking
- Parking features: Alley Access, Concrete
- Details: Unit Parking(On Street, Paved Area, Unpaved)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: 181115357025000003
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Foundation: Concrete Perimeter, Block
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1894
Community & HOA
Community
- Subdivision: G Addition
Location
- Region: Muncie
Financial & listing details
- Tax assessed value: $59,000
- Annual tax amount: $1,036
- Date on market: 3/6/2025
- Tenant pays: All Utilities, Insurance
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