$109,900
2413 S Gharkey Common
Opportunity knocks with this solid, income-producing duplex located in the heart of Muncie, Indiana! These duplex features two separate units, each fully rented with long-term tenants in place-offering immediate cash flow from day one. Each unit is on its own level (not a stacked setup!), with separate entrances for added privacy and convenience. The building spans two stories, but both units are single-level living spaces, making maintenance and tenant turnover simpler. The property is structurally sound, with the owner having completed important updates-most notably the addition of a sewer clean-out in the backyard approximately 2 years ago, helping ensure smooth operation and lower maintenance risk. While the home could benefit from some minor aesthetic updates, the bones are strong, and the layout provides a lot of upside potential. With just a few cosmetic improvements, this could be the perfect investment property or an ideal addition to your growing portfolio or a great starter. Don't miss this rare opportunity to invest in a duplex with great bones, income in place, and plenty of room to increase value over time. Schedule your showing or request more details today!
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Map to 2413 S Gharkey Common, Muncie, IN 47302
MLS #
202600002
Date Listed
2025-09-26
Status
Active
Property Type
Investment
Property SubType
Duplex
Square Feet
2548 sqft
New Construction
No
Style
Other
Type
Duplex
Basement
Yes
Bedrooms
7
Bathrooms
2
Annual Taxes
$300.00
Year Taxes Payable
2024
Year Built
1954
Virtual Tour
propertypanorama.com »
Days on Market
110
Room Dimensions
Dining Room
1 × 1200
Level
Family Room
750 ×
Level
4th Bedroom
2 × 2
Level
5th Bedroom
2 × 2
Level
Bathroom Locations
Full Baths
7 Main, 1 Upper
External Features
Construction
Duplex
Lot Size
6,534 sq ft
Acreage
0.15 Acres
Lot Dimensions
81x81
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
Grissom
Middle School
Northside
High School
Central
Financial
Assoc. Dues
$0.00 Not Applicable
| MLS # | 202600002 |
|---|---|
| Date Listed | 2025-09-26 |
| Status | Active |
| Property Type | Investment |
| Property SubType | Duplex |
| Square Feet | 2548 sqft |
| New Construction | No |
| Style | Other |
| Type | Duplex |
| Basement | Yes |
| Bedrooms | 7 |
| Bathrooms | 2 |
| Annual Taxes | $300.00 |
| Year Taxes Payable | 2024 |
| Year Built | 1954 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 110 |
| Dining Room | 1 × 1200 | Level |
| Family Room | 750 × | Level |
| 4th Bedroom | 2 × 2 | Level |
| 5th Bedroom | 2 × 2 | Level |
| Full Baths | 7 Main, 1 Upper |
| Construction | Duplex |
|---|---|
| Lot Size | 6,534 sq ft |
| Acreage | 0.15 Acres |
| Lot Dimensions | 81x81 |
| Fence | None |
| Area | Delaware County |
|---|---|
| County | Delaware |
| Subdivision | None |
| Township | Center |
| City | Muncie |
| State | IN |
| Zip | 47302 |
| School District | Muncie Community Schools |
|---|---|
| Elementary | Grissom |
| Middle School | Northside |
| High School | Central |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202600002
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 Jim Gilday
eXp Realty, LLC
Cell: 317-797-5062
Listing updated December 31, 2025 at 6:34 pm
Last checked 3 minutes ago
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