700 W 11th Street W
Muncie, IN 47302
- – beds
- – baths
- – sqft
- 6,436 sqft lot
- 1880 build
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!
Listing courtesy of MIBOR / Keller Williams Indpls Metro N
Last checked:
Checking…
•
Last updated Jan 8, 2025
•
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
MLS# 22015524 —
The Building
-
Year Built:1880
-
New Construction:false
-
Construction Materials:Vinyl Siding
-
Architectural Style:TraditonalAmerican
-
Levels:Other
-
Basement:false
-
Exterior Features:Not Applicable
-
Green Certification:No
Interior
-
Laundry Features:No Laundry Facil.
Location
-
Directions:GPS Friendly
-
Latitude:40.179168
-
Longitude:-85.394001
The Property
-
View:true
-
Property Type:Residential Income
-
Property Subtype:Triplex
-
Parcel Number:181116456028000003
-
Acres:<1/4 Acre
-
Lot Features:Sidewalks
-
Lot Size Acres:0.15
-
Lot Size SqFt:6,436 Sqft
-
Price Per Acre:660000
-
Property Condition:Fixer
-
Additional Parcels:false
-
Structure Type:Triplex
-
View:false
-
Waterfront:false
-
Fencing:Chain Link, Fence Complete
-
Fence:Yes
-
Current Use:Apt<20
-
Road Access:Not Applic
Listing Agent
- Contact info:
- Agent phone:
- (317) 450-9202
- Office phone:
- (317) 846-6300
Taxes
-
Tax Lot:35
-
Tax Year:2023
-
Tax Exemptions:None
-
Semi Annual Property Tax Amt:464
Heating & Cooling
-
Heating:Baseboard, Forced Air
-
Cooling:None
Utilities
-
Solid Waste:Yes
Schools
-
High School District:Muncie Community Schools
The Community
-
Subdivision Name:Ream Walling & Spurgeons
Parking
-
Parking:On Street
Extra Units
-
# of Units Total:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/8/25
Jan 8, 2025
|
Listed / Active | MIBOR | $99,000 | 182.9% (32.3% / YR) |
5/10/19
May 10, 2019
|
MIBOR | $35,000 |