700 West 11th Street
$99,000
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Description
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 features both a duplex and a single-family home on the same parcel-providing three units in one purchase. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 700-702 W 11th, the duplex occupies a corner lot and offers an...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 features both a duplex and a single-family home on the same parcel-providing three units in one purchase. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 700-702 W 11th, the duplex occupies a corner lot and offers an up/down layout. Each unit features 2 bedrooms and 1 bathroom, with electricity 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. Meanwhile, the single-family home at 1717 S Gharkey is a 2-bedroom, 1-bath ranch boasting a small, fully fenced yard-ideal for tenants seeking privacy or a pet-friendly space. With minimal cleanup, it can be quickly prepared for lease or resale. 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 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!
- Listed by Peter Stewart • Keller Williams Indpls Metro N • peter@peterstewartrealty.com
Property Details for 700 West 11th Street
Architectural Style
TraditonalAmerican
Subdivision NameReam Walling & Spurgeons
TownshipCenter
WaterfrontNo
LISTING UPDATED: 01/10/2025 12:06 PM
Property Details for 700 West 11th Street
Status | Active |
---|---|
MLS # | 22015524 |
Days on Market | 4 |
Taxes | $464 semi-annually |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Triplex |
Year Built | 1880 |
Lot Size | 0.15 AC / 6,534 SF |
County | Delaware County |
Building Information for 700 West 11th Street
Stories-Residences3Year Built1880Building Size-Lot Size0.15 AC / 6,534 SF
Property Information for 700 West 11th Street
Property History for 700 West 11th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 700 West 11th Street
Taxable ValueLand$5,000Additions$41,300Total$46,300
Tax Record2022$1,087 ($91 / month)
Home Facts
Baths3Total Finished SqFt1,703 SqFtAbove Grade Finished SqFt1,703 SqFtStories2Lot Size7,500 SqFtStyleDuplexYear Built1880CountyDELAWAREAPN18-11-16-456-028.000-003
Schools near 700 West 11th Street
This home is within Muncie Community Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 12 | |||
Public - | 6 to 8 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
South View Elementary School PublicPK to 5 | ||
Muncie Central High School PublicPK to 12 | ||
Wilson Middle School Public6 to 8 | ||
Muncie Virtual Academy PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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