Muncie, IN 47302,221 E 6th ST
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Muncie, IN 47302,221 E 6th ST
Muncie, IN 47302,221 E 6th ST
Muncie, IN 47302,221 E 6th ST
Muncie, IN 47302,221 E 6th ST
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Listed by Justin Lowe • Ellsbury Commerical Group
$ 148,000
Est. payment /mo
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Active

221 E 6th ST Muncie, IN 47302

4,791 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision No Subdivision

MLS Listing ID 22055437

Year Built 1902

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Duplex

Property Description

This duplex offers a fantastic opportunity for both new and experienced investors to capitalize on Muncie's strong and growing real estate market. With a consistent demand for rental properties fueled by Ball State University, local businesses, and a stable community, this duplex is a smart, strategic investment designed for immediate cash flow and long-term appreciation. Investment Highlights: High Rental Demand: Muncie's rental market is robust, with a diverse tenant base keeping occupancy rates high. The city's average rent is significantly lower than the national average, attracting a steady stream of renters seeking quality, affordable housing. Seller's Market: The Muncie real estate market is currently a seller's market, with home values increasing year-over-year. This indicates a healthy market with excellent potential for your investment to grow in value over time. Accessible Investment: The median home price in Muncie provides a more affordable entry point for real estate investors, allowing for a higher potential return on investment.

Location

State IN

County Delaware

Interior

Cooling Window Unit(s)

Fireplace N

Building

Story Two and a Half

New Construction false

Schools

School District Muncie Community Schools


MIBOR MLS

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 14
  • 9

    Burris Laboratory School

    Public | KG - 12

  • 6

    West View Elementary School

    Public | KG - 5

  • 5

    East Washington Academy

    Public | KG - 5

  • 4

    North View Elementary School

    Public | KG - 5

  • 1

    South View Elementary School

    Public | KG - 5

  • 1

    Grissom Elementary School

    Public | KG - 5

  • 1

    Longfellow Elementary School

    Public | KG - 5

  • 0

    Youth Opportunity Center

    Public | 2 - 12

  • 0

    Storer Elementary School

    Public | KG - 5

  • 0

    Mitchell Elementary School

    Public | KG - 5

  • 0

    St Mary School

    Private | PK - 8

  • 0

    Inspire Academy - a School of Inquiry

    Public | KG - 5

  • 0

    St Lawrence Elementary School

    Private | PK - 5

  • 0

    Sutton Elementary School

    Public | KG - 5

Middle Schools 2
  • 1

    Northside Middle School

    Public | 6 - 8

  • 1

    Southside Middle School

    Public | 6 - 8

High Schools 4
  • 10

    In Aca for Science Math & Humanities

    Public | 11 - 12

  • 3

    Muncie Central High School

    Public | 9 - 12

  • 0

    Muncie Southside High School

    Public | 9 - 12

  • 0

    Muncie Area Career Center

    Public | 11 - 12

School and business data provided by Attom Data.
Kevin Fertig

Kevin Fertig

Agent | License ID: RB17002186

+1(317) 869-7646

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221 E 6th ST