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Minnetrista Multifamily Home for Sale

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    $140,000

    • 3 Beds
    • 2 Baths

    800 W Lindweth Place, Muncie, IN 47303

    Cash flowing duplex, Unit 1 is 2 bed 1 bath and unit 2 is 1 bed 1 bath. Update completed in 2022, newer appliances, fresh interior paint. Water Heater less than 3 years old. Unit 1 rent is $800 a month and Unit 2 rent is $675 a month with 20% down return is 9% annualized. $100 rent increase makes that return 14%. Proforma snapshot included in documents. Owner pays w/s/t. Economic growth remains

    Richard Graham JMG Indiana

    800 W Lindweth Place, Muncie, IN 47303

Why Live in Minnetrista

Minnetrista, a neighborhood in Muncie, Indiana, offers a blend of historical charm and community-focused living. The Minnetrista Museum & Gardens, a central attraction, features a recreation of Bob Ross's studio and hosts various events, including a weekly summer farmers market and seasonal celebrations. The museum's 40-acre campus provides residents with nature trails, picnic areas, and play spaces for children. Housing in Minnetrista includes bungalows, Craftsman, and ranch-style homes from the early to mid-20th century, characterized by brick and vinyl exteriors. The neighborhood's laidback atmosphere is enhanced by spacious lawns and the absence of fences and sidewalks. Dining options include Amazing Joe’s Grill, known for its ribeye and tenderloin, and By Hand and Fork, popular for weekend brunch. For shopping, locals frequent Lahody Meats, Dollar General, and Fresh Thyme Market. Education is served by East Washington Academy, Northside Middle School, and Muncie Central High School, with the highly rated Indiana Academy for Science, Mathematics, and Humanities available for high school students. Minnetrista is car-dependent, with downtown Muncie a mile away and IU Health Ball Memorial Hospital 2 miles away. For air travel, residents use Fort Wayne International Airport, 72 miles away, or Indianapolis International Airport, 78 miles away. The neighborhood's crime rate is on par with the national average, providing a balanced sense of safety.

Home Trends in Minnetrista, IN

Housing Trends

Median Sale Price
$115,900
Median Single Family Sale Price
$119,750
Median Townhouse Sale Price
$118,000
Average Price Per Sq Ft
$69
Number of Homes for Sale
1
Last 12 months Home Sales
15
Months of Supply
0.80
Median List Price
$132,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
0%
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