Investor Alert! Discover a remarkable investment package conveniently located near downtown Muncie. Part of a broader offering of 19 units across 7 properties on 5 parcels (totaling $538K), this particular deal is a package of two duplexes on the same parcel for a total of 4 units. Buy only these properties, combine them with other listings, or acquire the entire portfolio. Flexibility is yours. The first duplex is situated at 1323-1325 W Liberty St and the second is located at 400-402 W 7th St, with a shared oversized 1 car garage between the two. They are both single level properties and all units features 1 bedroom and 1 bathroom, with electricity and gas separately metered. Water/sewer are currently on a shared meter, presenting an opportunity for utility restructuring to add additional value and enhance your ROI. Both properties need extensive work and are currently boarded up. All properties in this portfolio are vacant, offering a blank canvas for renovations. Condition levels vary, and the pricing reflects their as-is status-giving savvy investors a prime opportunity to add value and maximize returns. Located within about one mile of each other in and around downtown Muncie, these homes also benefit from convenient access to local amenities and public transportation, further enhancing rental demand. Whether you're looking to expand your portfolio with cash-flowing rentals or prefer a flip strategy, this package provides a golden chance to invest in a rapidly improving area. Don't miss out on these versatile properties-capitalize on this unique opportunity and grow your real estate portfolio today!
Active
Price cut: $10K (4/17)
$75,000
402 W 7th St, Muncie, IN 47302
1beds
1baths
--sqft
Est.:
Multi Family, Quadruplex
Built in 1924
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Single level properties
- 107 days
- on Zillow |
- 175 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: April 17, 2025 at 12:28pm
Listing Provided by:
Peter Stewart peter@peterstewartrealty.com,
Keller Williams Indpls Metro N
Source: MIBOR as distributed by MLS GRID,MLS#: 22017122

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Forced Air
Cooling
- None
Features
- Has basement: No
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
- Details: Unit Parking(1 Car Garage, On Street)
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,840.8 Square Feet
Details
- Parcel number: 181116433014000003
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch,Traditional
- Property subtype: Multi Family, Quadruplex
Condition
- Fixer
- New construction: No
- Year built: 1924
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Muncie
Financial & listing details
- Annual tax amount: $888
- Date on market: 1/8/2025
- Tenant pays: Electricity, Gas
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