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1709 S Elm Street

Muncie, IN 47302

– beds
– baths
– sqft
6,350 sqft lot
1894 build

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!

Listing courtesy of MIBOR / Boots Realty, LLC

Last checked: Checking… • Last updated Mar 28, 2025 •

MLS# 22025319 —

The Building

Year Built:

1894
New Construction:

false
Levels:

Two
Roof:

Shingle
Basement:

true
Foundation Details:

Concrete Perimeter, Block
Green Certification:

No

Location

Directions:

GPS Friendly
Latitude:

40.179913
Longitude:

-85.383242

The Property

View:

true
Property Type:

Residential Income
Property Subtype:

Duplex
Parcel Number:

181115357025000003
Acres:

<1/4 Acre
Lot Size Acres:

0.15
Lot Size SqFt:

6,350 Sqft
Price Per Acre:

1066667
Property Condition:

Updated/Remodeled
Structure Type:

Duplex
Current Use:

Residential
Road Access:

Frontage Road

Listing Agent

Contact info:

Taxes

Tax Lot:

55-56
Tax Year:

2023
Semi Annual Property Tax Amt:

518

Heating & Cooling

Heating:

Forced Air
Cooling:

None

Utilities

Building Utilities:

Separate Gas Meter,Separate Sewer Meter,Sewer,Storm Sewer,Sump Pump,Water
Solid Waste:

No

Schools

High School District:

Muncie Community Schools

The Community

Subdivision Name:

G Addition
Amenities:

Large front porch

Parking

Parking:

On Street,Paved Area,Unpaved
Parking Features:

Alley Access, Concrete

Extra Units

# of Units Total:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/24/25 Mar 24, 2025	Relisted	MIBOR	$160,000
3/11/25 Mar 11, 2025	Pending	MIBOR	$160,000
3/6/25 Mar 6, 2025	Listed / Active	MIBOR	$160,000	627.3% (257.9% / YR)

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This multifamily located in South Central, Muncie, IN 47302 is currently for sale for $160,000. 1709 S Elm Street is a – square foot multifamily with – beds and – baths. 1709 S Elm Street is in the South Central neighborhood of Muncie and has a WalkScore® of 54, making it somewhat walkable. This multifamily is in the attendance area of Muncie Central High School, Southview Elementary School, and Southside Middle School.

Listing Courtesy of: MIBOR and Boots Realty, LLC.

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