800 West Charles 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 is a triplex. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 800-800.5 W Charles St, this corner lot property features two units on the bottom level and one unit on top. The two units on the main level both have 1...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 triplex. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 800-800.5 W Charles St, this corner lot property features two units on the bottom level and one unit on top. The two units on the main level both have 1 bedroom and 1 bathroom and the upper 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!
- Listed by Peter Stewart • Keller Williams Indpls Metro N • peter@peterstewartrealty.com
Property Details for 800 West Charles Street
Architectural Style
TraditonalAmerican
Subdivision NameNo Subdivision
TownshipCenter
WaterfrontNo
LISTING UPDATED: 01/10/2025 12:06 PM
Property Details for 800 West Charles Street
Status | Active |
---|---|
MLS # | 22015525 |
Days on Market | 4 |
Taxes | $1,191 semi-annually |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Triplex |
Year Built | 1890 |
Lot Size | 0.14 AC / 6,098 SF |
County | Delaware County |
Building Information for 800 West Charles Street
Stories-Residences3Year Built1890Building Size-Lot Size0.14 AC / 6,098 SF
Property Information for 800 West Charles Street
Property History for 800 West Charles 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 800 West Charles Street
Taxable ValueLand$4,500Additions$41,700Total$46,200
Tax Record2023$2,382 ($198 / month)
Home Facts
Baths3Total Finished SqFt2,503 SqFtAbove Grade Finished SqFt2,503 SqFtStories2Lot Size6,200 SqFtStyleTriplexYear Built1890Year Renovated1955CountyDELAWAREAPN18-11-16-207-015.000-003Fireplace TypeHas Fireplace
Schools near 800 West Charles 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 |
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South View Elementary School PublicPK to 5 | ||
Muncie Central High School PublicPK to 12 | ||
Northside Middle School Public6 to 8 | ||
Youth Opportunity Center 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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