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!
Active
Price cut: $10K (4/17)
$89,000
700 W 11th St, Muncie, IN 47302
6beds
3baths
--sqft
Est.:
Multi Family, Triplex
Built in 1880
-- sqft lot
$90,600 Zestimate®
$--/sqft
$-- HOA
What's special
Fully fenced yardCorner lot
- 107 days
- on Zillow |
- 646 |
- 48 |
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#: 22015524

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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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