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 quadplex. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 802-808 W Charles St, this 4 unit property features two units on the bottom level and two units on top, with a common interior entry. Three units have 1 bedroom and 1 bathroom and one unit has 2 bedrooms and 1 bathroom. Electricity is 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. With some repairs and cosmetic updates, it can be quickly prepared for lease or resale. This specific property is located in the Old West End Historic District, which is currently experiencing a good amount of revitalization and is within walking distance of downtown and the central business district! 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: $10.1K (4/17)
$104,900
802 W Charles St, Muncie, IN 47305
3beds
2baths
--sqft
Est.:
Multi Family, Quadruplex
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Common interior entry
- 108 days
- on Zillow |
- 262 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: April 17, 2025 at 12:25pm
Listing Provided by:
Peter Stewart peter@peterstewartrealty.com,
Keller Williams Indpls Metro N
Source: MIBOR as distributed by MLS GRID,MLS#: 22015528

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced Air
Cooling
- None
Features
- Has basement: Yes
Video & virtual tour
Property
Parking
- Details: Unit Parking(On Street)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,356 Square Feet
Details
- Parcel number: 181116207012000003
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Quadruplex
Condition
- Fixer
- New construction: No
- Year built: 1900
Community & HOA
Community
- Subdivision: Prouds
Location
- Region: Muncie
Financial & listing details
- Annual tax amount: $3,254
- Date on market: 1/8/2025
- Tenant pays: Electricity
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