402 W 7th Street, Muncie, IN 47302
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402 W 7th Street,Muncie, IN 47302
$75,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:peter stewart
Office:keller williams indpls metro n
MLS#:22017122
Source:IN_MIBOR
Price summary
- Price:$75,000
About this home
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 is a package of two duplexes on the same parcel for a total of 4 units. Buy only these properties, combine them with other listings, or acquire the entire portfolio. Flexibility is yours. The first duplex is situated at 1323-1325 W Liberty St and the second is located at 400-402 W 7th St, with a shared oversized 1 car garage between the two. They are both single level properties and all units features 1 bedroom and 1 bathroom, with electricity and gas separately metered. Water/sewer are currently on a shared meter, presenting an opportunity for utility restructuring to add additional value and enhance your ROI. Both properties need extensive work and are currently boarded up. 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 each other in and around 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!
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Home facts
- Year built:1924
- Listing Id #:22017122
- Added:218 day(s) ago
- Updated:July 01, 2025 at 07:53 AM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1924
- Lot area:0.18 Acres
Finances and disclosures
- Price:$75,000
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