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822 W Howard Street

Muncie, IN 47305

– beds
– baths
– sqft
7,750 sqft lot
1885 build

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Investment opportunity! All 4 units now leased! There have been a number of improvements to this property since the last owner. This is a bit unique as there's another house on the property that is unfinished that is included with this parcel. There's tons of opportunity with this! 2 main floor units are currently rented at $685 and $725 per month total (through 6/24 & 7/24) and the 2 upstairs units are rented at $700 and $671 per month total (through 4/25 & 5/25). Included in the rent total rent prices, tenants pay for a portion of utilities. More specifics available on lease information if needed. $2,250 is the total monthly cash flow after utilities and fees ($27,000 per year cash flow). The vacant pictures are the units upstairs. The seller has never lived in the home and he's motivated to sell!

Listing courtesy of MIBOR / Coldwell Banker Real Estate Group

Last checked: Checking… • Last updated May 6, 2024 •

MLS# 21948122 —

The Building

Year Built:

1885
New Construction:

false
Construction Materials:

Brick
Architectural Style:

TraditonalAmerican
Levels:

Two
Roof:

Asphalt, Shingle
Basement:

true
Basement:

Partial
Green Certification:

No

Interior

Laundry Features:

No Laundry Facil.

Financial & Terms

Buyer Financing:

Conventional

Location

Directions:

High St to W Charles St, turn left on mound St, turn right onto Howard St, destination is on right
Latitude:

40.190082
Longitude:

-85.394958

The Property

View:

true
Property Type:

Residential Income
Property Subtype:

Fourplex
Property Attached:

false
Parcel Number:

181116212013000003
Acres:

<1/4 Acre
Lot Features:

Curbs, Sidewalks, Street Lights, Mature Trees
Lot Size Acres:

0.18
Lot Size SqFt:

7,750 Sqft
Price Per Acre:

694444
Zoning:

X
Additional Parcels:

false
Structure Type:

Quadruplex
View:

false
Waterfront:

false
Current Use:

Apt<20
Possible Use:

Apt<20
Road Access:

Access Rd

Listing Agent

Contact info:

Taxes

Tax Lot:

57
Tax Year:

2022
Tax Exemptions:

None
Semi Annual Property Tax Amt:

702

The Listing

Inspection Warranties:

Not Applicable

Heating & Cooling

Heating:

Baseboard

Utilities

Solid Waste:

No

Schools

Elementary School:

South View Elementary School
Middle Or Junior School:

Southside Middle School
High School:

Muncie Central High School
High School District:

Muncie Community Schools

The Community

Subdivision Name:

No Subdivision

Parking

Parking Features:

Street Only

Extra Units

# of Units Total:

4

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
5/3/24 May 3, 2024	Sold	MIBOR	$125,000	-16.7%
2/25/24 Feb 25, 2024	Pending	MIBOR	$150,000
10/17/23 Oct 17, 2023	Listed / Active	MIBOR	$150,000

Multifamily Sold on 5/3/2024

$125,000

Listing provided by broker:

Steve Slavin

Coldwell Banker Real Estate Group

steveslavin@coldwellhomes.com

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Listing Courtesy of: MIBOR and Coldwell Banker Real Estate Group.

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.
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822 W Howard Street

Muncie, IN 47305