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Listed by Ryan Boots • Boots Realty, LLC
$ 100,000
Est. payment /mo
New
1001 W 1st ST Muncie, IN 47305
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22107611
Year Built 1895
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Duplex
Property Description
Add this income-producing property to your portfolio and start collecting rent from day one. Currently fully occupied, this duplex generates consistent cash flow with tenants already in place. The lower unit features a spacious 3-bedroom, 1.5-bath layout with a large living room and a well-equipped kitchen offering abundant cabinet storage. Recent updates include a new electric range, new refrigerator, updated flooring, and new carpet throughout the unit. A dedicated laundry room adds convenience for tenants. The current tenant pays $900 per month and is responsible for gas and electric utilities. Additional improvements include recent ductwork repairs. The upper unit offers a comfortable 1-bedroom, 1-bath layout with a kitchenette and attractive high ceilings that create an open feel. Large windows provide excellent natural light throughout the space. The unit includes a refrigerator and has benefited from some plumbing updates and new flooring within the last two years. The current tenant pays $600 per month and is responsible for their electric utility. With $1,500 in monthly rental income, recent improvements, and stable occupancy, this property presents an excellent opportunity for investors seeking immediate cash flow and long-term portfolio growth.
Location
State IN
County Delaware
Interior
Fireplace N
Building
New Construction false
Schools
School District Muncie Community Schools
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Mia Chatman
Broker/Owner | License ID: RB17000298