1709 S Elm Street, Muncie, IN 47302
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1709 S Elm Street,Muncie, IN 47302
$155,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:ryan boots
Office:boots realty, llc.
MLS#:22025319
Source:IN_MIBOR
Price summary
- Price:$155,000
About this home
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!
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Home facts
- Year built:1894
- Listing Id #:22025319
- Added:147 day(s) ago
- Updated:June 27, 2025 at 03:32 PM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Shingle
- Year built:1894
- Lot area:0.15 Acres
Utilities
- Water:Water
- Sewer:Separate Sewer Meter, Sewer, Storm Sewer
Finances and disclosures
- Price:$155,000
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