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  • Price cut: $10K (4/17)
    $89,000

    700 W 11th St, Muncie, IN 47302

    6beds
    3baths
    --sqft
    : 
    Multi Family, Triplex
    Built in 1880
    -- sqft lot
    $90,600 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Fully fenced yardCorner lot
    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 features both a duplex and a single-family home on the same parcel-providing three units in one purchase. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 700-702 W 11th, the duplex occupies a corner lot and offers an up/down layout. Each unit features 2 bedrooms and 1 bathroom, with electricity separately metered. Gas and water/sewer are currently on a shared meter, presenting an opportunity for utility restructuring to add additional value and enhance your ROI. Meanwhile, the single-family home at 1717 S Gharkey is a 2-bedroom, 1-bath ranch boasting a small, fully fenced yard-ideal for tenants seeking privacy or a pet-friendly space. With minimal cleanup, it can be quickly prepared for lease or resale. 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 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!
    107 days
    on Zillow
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    646
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    48
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    Zillow last checked: 7 hours ago

    Listing updated: April 17, 2025 at 12:10pm

    Listing Provided by:

    Peter Stewart peter@peterstewartrealty.com,

    Keller Williams Indpls Metro N

    Source: MIBOR as distributed by MLS GRID,MLS#: 22015524MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Main level bathrooms: 5
    Heating
    • Baseboard, Forced Air
    Cooling
    • None
    Appliances
    • Laundry: No Laundry Facil.
    Features
    • Has basement: No

    Property

    Parking
    • Details: Unit Parking(On Street)
    Features
    • Levels: Other
    • Fencing: Fenced,Chain Link,Fence Complete
    Lot
    • Size: 6,534 Square Feet
    • Features: Sidewalks
    Details
    • Parcel number: 181116456028000003
    • Special conditions: As Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family, Triplex
    Materials
    • Vinyl Siding
    Condition
    • Fixer
    • New construction: No
    • Year built: 1880

    Community & HOA

    Community
    • Subdivision: Ream Walling & Spurgeons
    Location
    • Region: Muncie

    Financial & listing details

    • Annual tax amount: $928
    • Date on market: 1/8/2025
    • Tenant pays: Electricity
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