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  • $160,000

    1709 S Elm St, Muncie, IN 47302

    2beds
    1baths
    --sqft
    : 
    Multi Family, Duplex
    Built in 1894
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Modern upgradesUpdated interiors
    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!
    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#: 22025319MLS Logo
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    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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