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$160,000 -

1709 S Elm Street Muncie IN 47302

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.15
Acres

Turnkey Duplex Investment Opportunity! Attention investors! This fully remodeled duplex offers an excellent opportunity for immediate cash flow. Renovated in early 2024, this property is professionally managed by Morgan Properties and features two updated units with fully split utilities, allowing the burden of those costs to fall directly on to your tenants. GROSS INCOME: $1,649.00/MONTH Property Highlights: Fully Remodeled (2023/2024) - Modern upgrades throughout both units Immediate Rental Income - Lower unit rented at $949/month, the upstairs unit to be leased on March 10, 2025 at $700/month Tenants Pay All Utilities - Lower expenses for the owner Separate Meters - Tenants responsible for all utilities Professional Management - Professionally managed by Morgan Properties for a turn-key investment opportunity with a team already in place to support you. Located in a growing rental market, this duplex is an ideal addition to any investor's portfolio. With stable tenants and updated interiors, it's a turnkey property ready to generate income. Property is being sold As-Is. The property is in need of some maintenance and repairs. Don't miss out!

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Property Details

Price: $160,000 Previously: $160,000 Originally: $160,000 Bathrooms: 0.00 MLS #: 22025319 Year Built: 1894 Township: Center Type: Residential Income Zip Code: 47302 City: Muncie Subdivision: G Addition County: Delaware School District: Muncie Community Schools

Interior Features

Interior Features:
  • Cooling: None
  • Heating: Forced Air

Exterior Features

Exterior Features:
  • # Acres: 0.15

Listing Office: Boots Realty, Llc

Office Contact: sales@bootsrei.com

All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Listing information last updated on May 13th, 2025 at 2:10pm EDT.

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