802 W Charles Street, Muncie, IN 47305
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
Listed by:peter stewart
Office:keller williams indpls metro n
MLS#:22015528
Source:IN_MIBOR
Price summary
- Price:$104,900
About this home
Investor Alert! Discover a remarkable investment package conveniently located near downtown Muncie. Part of a broader offering of 19 units across 7 properties on 5 parcels (totaling $538K), this particular deal is a quadplex. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 802-808 W Charles St, this 4 unit property features two units on the bottom level and two units on top, with a common interior entry. Three units have 1 bedroom and 1 bathroom and one unit has 2 bedrooms and 1 bathroom. Electricity is separately metered. Gas and water/sewer are currently on a shared meter, presenting an opportunity for utility restructuring to add additional value and enhance your ROI. With some repairs and cosmetic updates, it can be quickly prepared for lease or resale. This specific property is located in the Old West End Historic District, which is currently experiencing a good amount of revitalization and is within walking distance of downtown and the central business district! All properties in this portfolio are vacant, offering a blank canvas for renovations. Condition levels vary, and the pricing reflects their as-is status-giving savvy investors a prime opportunity to add value and maximize returns. Located within about one mile of each other in and around downtown Muncie, these homes also benefit from convenient access to local amenities and public transportation, further enhancing rental demand. Whether you're looking to expand your portfolio with cash-flowing rentals or prefer a flip strategy, this package provides a golden chance to invest in a rapidly improving area. Don't miss out on these versatile properties-capitalize on this unique opportunity and grow your real estate portfolio today!
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Home facts
- Year built:1900
- Listing Id #:22015528
- Added:218 day(s) ago
- Updated:July 01, 2025 at 07:53 AM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1900
- Lot area:0.1 Acres
Finances and disclosures
- Price:$104,900
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