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517 W Main Street

Muncie, IN 47305
  • $79,900
  • STATUS: Pending
  • ON SITE: 4 Days
  • MLS #: 202503540
Pending
UPDATED: 61 min ago
$79,900
  • 4
    BEDS
  • 0.08
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,988
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1896
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Ryan Orr of RE/MAX Real Estate Groups: Home: 765-212-1111.

Description

Great investment near popular downtown Muncie! Two units, current rent is below market value. 2 BRs 1 Bath in front unit. 2 BRs possibly 3 in back unit. Property has been maintained and has consistent tenants.

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© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2025-02-08T23:28:27.28.

www.housesinfortwayne.com/homes/160023121
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517 W Main Street Muncie, IN 47305

  • Price: $79,900
  • Status: Pending
  • On Site: 4 Days
  • Updated: 61 min ago
  • MLS #: 202503540
4
Beds
2
Baths
0
½ Baths
0.08
Acres
1,988
SQFT
$40
$/SQFT
1896
Built
Neighborhood:
Other
County:
Delaware
Area:
Delaware
Elementary School:
Southview
Middle School:
Northside
High School:
Central
School District:
Muncie Community Schools
Property Description
Great investment near popular downtown Muncie! Two units, current rent is below market value. 2 BRs 1 Bath in front unit. 2 BRs possibly 3 in back unit. Property has been maintained and has consistent tenants.
Exterior Features

Exterior Vinyl Lot Description Level Lot Dimensions 31x125 Outbuilding None Parking Spaces 3 Pool YN No Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 4 Above Grade Finished Sqft 1988 Above Grade Unfin Sq Ft 0 Amenities Basement Basement Foundation CrawlPartial BasementUnfinished Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 625 Cooling Central Air Dishwashers 0 Disposals 0 Dryers 0 Flooring Mixed Heating Fuel GasForced Air Main Level Sq Ft 1244 Microwaves 0 Ranges Ovens 2 Refrigerators 2 Rooms Below Grade 0 Total Baths 2 Total Below Grade Sqft 625 Total Sq Ft 2613 Unit1 Bathrooms 1 Unit1 Bedrooms 2 Unit2 Bathrooms 1 Unit2 Bedrooms 2 Upper Level Sq Ft 744 Wash Dry Hookups 0 Washers 0

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 11700 Annual Insurance Expense 0 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 11699 Annual Property Tax 0 Annual Trash Expense 0 Annual Water Sewer Exp 1 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 0 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 975 Gross Monthly Rent 975 Lease Term 1 Year New Construction No One Bedrooms 0 Owner Pays SewerWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Duplex Reo YN No Sale Includes BuildingLease Sewer City Tenant Pays ElectricHeating Three Bedrooms 0 Township Center Two Bedrooms 2 Unit1 Unit Rent 550 Unit1- Currently Rntd Y / N Yes Unit1- Garage Y / N No Unit2 Unit Rent 425 Unit2- Currently Rntd Y / N Yes Unit2- Garage Y / N No Units Rented 2 Water Utility City Year Taxes Payable 947.98

Listing provided by Ryan Orr of RE/MAX Real Estate Groups: Home: 765-212-1111.

© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty.


© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2025-02-08T23:28:27.28.

 
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Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Ryan Orr of RE/MAX Real Estate Groups: Home: 765-212-1111.