1 of 3

Want to see this property?

800 W Lindweth Place

Muncie, IN 47303

– beds
– baths
– sqft
8,775 sqft lot
1928 build

Cash flowing duplex, Unit 1 is 2 bed 1 bath and unit 2 is 1 bed 1 bath. Update completed in 2022, newer appliances, fresh interior paint. Water Heater less than 3 years old. Unit 1 rent is $800 a month and Unit 2 rent is $675 a month with 20% down return is 9% annualized. $100 rent increase makes that return 14%. Proforma snapshot included in documents. Owner pays w/s/t. Economic growth remains steady with strong housing demand per Indiana Business review. The most recent forecast from Indiana University's Center for Econometric Model Research shows employment growth of 1.89% over the next two years (2023 Q4 to 2025 Q4). Personal income is expected to increase 3.4% through 2027. Property is being offered as part of a 4 unit package. An additional 2 unit package is also available, addresses and financials included in attached documents. Attached photos were taken before property was rented. Seller will not work with wholesalers or consider creative finance options. For additional questions and to arrange showings reach out to listing agent. Proof of funds and 24hr notice required for all showings

Listing courtesy of MIBOR / JMG Indiana

Last checked: Checking… • Last updated Apr 19, 2025 •

MLS# 22033094 —

The Building

Year Built:

1928
New Construction:

false
Construction Materials:

Vinyl Siding
Architectural Style:

TraditonalAmerican
Levels:

One and One Half
Basement:

true
Green Certification:

No
Building Information:

Other

Interior

Laundry Features:

No Laundry Facil.

Location

Directions:

GPS Friendly
Latitude:

40.206471
Longitude:

-85.39431

The Property

View:

true
Property Type:

Residential Income
Property Subtype:

Duplex
Property Attached:

false
Parcel Number:

181109206016000003
Acres:

<1/4 Acre
Lot Features:

Not Applicable
Lot Size Acres:

0.2
Lot Size SqFt:

8,775 Sqft
Price Per Acre:

1625000
Structure Type:

Duplex
Current Use:

Apt<20
Road Access:

Not Applic
Road Frontage Type:

City Street
Road Surface Type:

Asphalt

Listing Agent

Contact info:

Taxes

Tax Lot:

6-7,6
Tax Year:

2024
Semi Annual Property Tax Amt:

838

Utilities

Solid Waste:

Yes

Schools

High School District:

Muncie Community Schools

The Community

Subdivision Name:

No Subdivision

Parking

Parking:

Other
Parking Features:

Attached
Garage Spaces:

2

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
4/17/25 Apr 17, 2025	Listed / Active	MIBOR	$325,000	198.4% (73.8% / YR)
4/4/25 Apr 4, 2025	Relisted	MIBOR
4/1/25 Apr 1, 2025	Pending	MIBOR

Want a closer look?

Go see 800 W Lindweth Place

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Muncie, IN

Similar sold homes

This multifamily located in Riverside - Normal City, Muncie, IN 47303 is currently for sale for $325,000. 800 W Lindweth Place is a – square foot multifamily with – beds and – baths. 800 W Lindweth Place is in the Riverside - Normal City neighborhood of Muncie and has a WalkScore® of 68, making it somewhat walkable. This multifamily is in the attendance area of Muncie Central High School, Northside Middle School, and East Washington Academy.

Listing Courtesy of: MIBOR and JMG Indiana.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service