1606 1606.5 S Walnut Street Muncie, IN 47302 Sold 2023-10-24

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This property is not for sale or for lease.
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Duplex • 137Y Old

Sold for $30,000 Listed for $39,900

1606 1606.5 S Walnut Street

4 Bedrooms
2 Bathrooms
1518 sqft
0.10 Acres

This property is not currently for sale or for rent.

Property Description

This duplex offers an excellent opportunity for investors looking for a great investment property! Each unit is 2-bedroom and 1 bath. The property boasts a large back yard with plenty of parking available. Some of the key highlights of this investment property is the potential for strong rental income in comparison to mortgage and located central in Muncie on a main road. Property is located 2 miles away from Ball State University. The affordability of these units makes them highly desirable for tenants and a big opportunity to help build equity and create cash flow. Please do not schedule a viewing until reading the full listing. This property has great potential, but will need a complete rehab that includes new kitchens, new bathrooms, new flooring, new cabinets, new appliances, new carpeting, etc. This property offers great potential for an owner with some sweat equity or a cash ready investor who can put time into rehabbing the property. This property is not currently rent ready, it will need to be repaired & refurbished. Please keep in note the utilities have currently been turned off to reduce operating costs.

Directions

Memorial to Walnut head N, Property on the right before 9th St

Map to 1606 1606.5 S Walnut Street, Muncie, IN 47302

Property
MLS # 202321301
Date Listed 2023-06-21
Status Sold
Property Type Investment
Property SubType Duplex
Square Feet 1518 sqft
New Construction No
Style One and Half Story
Type Duplex
Bedrooms 4
Bathrooms 2
Year Taxes Payable 2023
Year Built 1886
Days on Market 82
Room Dimensions
Living Room 2 × 0 Level
Bathroom Locations
Full Baths 4 Main
External Features
Construction Duplex
Lot Size 4,290 sq ft
Acreage 0.10 Acres
Lot Dimensions 33X130
Fence None
Location
Area Delaware County
County Delaware
Subdivision None
Township Center
City Muncie
State IN
Zip 47302
Schools
School District Muncie Community Schools
Elementary Southview
Middle School Southside
High School Central
Financial
Assoc. Dues $0.00 Not Applicable

MLS# 202321301
Listing Provided Courtesy of Heather Clemmons
Starr Real Estate
Office: 765-288-1711

Listing updated October 24, 2023 at 11:15 am
Last checked 14 minutes ago

IDX information provided by the Indiana Regional MLS. 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. Data is deemed reliable but is not guaranteed accurate by the MLS.

Learn More About 1606 1606.5 S Walnut Street

This property is not for sale or for lease.
Agent to Contact

By clicking "Message Agent", you agree to be contacted by Mike Thomas Associates about your request. Please see our Privacy Policy.