$127,900
514 W memorial Drive
Investment opportunity in Hartford City! This 4-unit brick property has three units currently occupied and generating rental income, with one vacant unit ready for renovation. Each unit has its own furnace and water heater (installed about 4 years ago), plus separate electric meters for easy tenant utility management. The property also features newer vinyl windows and a recently replaced exterior staircase. Owner covers water, sewer, and lawn care, while tenants handle gas and electric. The vacant unit needs work due to a prior leak.
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Map to 514 W memorial Drive, Muncie, IN 47302
MLS #
202539408
Date Listed
2025-09-29
Status
Active
Property Type
Residential
Property SubType
Site-Built Home
Square Feet
2226 sqft
New Construction
No
Style
Two Story
Type
Site-Built Home
Bedrooms
4
Bathrooms
4
Annual Taxes
$800.00
Year Taxes Payable
2025
Year Built
1890
Virtual Tour
propertypanorama.com »
Days on Market
3
Additional
Cooling
Window
Heating
Forced Air
Room Dimensions
Master Bedroom
8 × 8
Main Level
2nd Bedroom
8 × 8
Main Level
3rd Bedroom
8 × 8
Upper Level
4th Bedroom
8 × 8
Upper Level
Bathroom Locations
Full Baths
2 Main, 2 Upper
External Features
Construction
Site-Built Home
Exterior
Brick
Lot Size
5,314 sq ft
Acreage
0.12 Acres
Lot Dimensions
41x130
Sewer
City
Water
City
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
East Washington Academy
Middle School
Northside
High School
Central
Financial
Assoc. Dues
$0.00 Not Applicable
| MLS # | 202539408 |
|---|---|
| Date Listed | 2025-09-29 |
| Status | Active |
| Property Type | Residential |
| Property SubType | Site-Built Home |
| Square Feet | 2226 sqft |
| New Construction | No |
| Style | Two Story |
| Type | Site-Built Home |
| Bedrooms | 4 |
| Bathrooms | 4 |
| Annual Taxes | $800.00 |
| Year Taxes Payable | 2025 |
| Year Built | 1890 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 3 |
| Cooling | Window |
|---|---|
| Heating | Forced Air |
| Master Bedroom | 8 × 8 | Main Level |
| 2nd Bedroom | 8 × 8 | Main Level |
| 3rd Bedroom | 8 × 8 | Upper Level |
| 4th Bedroom | 8 × 8 | Upper Level |
| Full Baths | 2 Main, 2 Upper |
| Construction | Site-Built Home |
|---|---|
| Exterior | Brick |
| Lot Size | 5,314 sq ft |
| Acreage | 0.12 Acres |
| Lot Dimensions | 41x130 |
| Sewer | City |
| Water | City |
| Fence | None |
| Area | Delaware County |
|---|---|
| County | Delaware |
| Subdivision | None |
| Township | Center |
| City | Muncie |
| State | IN |
| Zip | 47302 |
| School District | Muncie Community Schools |
|---|---|
| Elementary | East Washington Academy |
| Middle School | Northside |
| High School | Central |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202539408
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.
Listing Provided Courtesy of Seth Dawson
eXp Realty, LLC
Cell: 260-888-3985
Listing updated September 29, 2025 at 6:30 pm
Last checked 13 minutes ago
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