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Thomas Park-Avondale Multifamily Home for Sale

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    $849,900

    • 16 Beds
    • 12 Baths
    • 6,688 Sq Ft

    2225 S Hoyt Ave, Muncie, IN 47302

    12 unit apartment building offering 8 one bedroom apartments all on ground floor and 4 two bedroom apartments upstairs with balcony's. All units are currently rented. Large parking lot behind the building with an additional lot for more parking. Tenants pay utilities.

    Michael Lambert Leading Home Realty

    2225 S Hoyt Ave, Muncie, IN 47302

Why Live in Thomas Park-Avondale

Thomas Park-Avondale, located on the southwest side of Muncie, is a vibrant neighborhood with a strong sense of community. Residents frequently gather at The Common Market, a versatile convenience store that doubles as a coffee shop, pizzeria, music venue, and community hub. The Ross Community Center and Maring-Hunt Library also serve as key social and educational centers, offering a variety of programs for all ages. The library features a green space with picnic pavilions, community gardens, and a walking path, making it a popular spot for relaxation and community events. The neighborhood is known for its small, historic single-family homes, primarily simple cottages with white or neutral exteriors, some reflecting farmhouse or Craftsman styles. These homes, typically around 1,135 square feet, range from investment opportunities to fully renovated properties. Dining options include Rosebud Coffee House, Indy Steak Fish & Chicken, and Pizza King, while nightlife can be enjoyed at local bars like Buttonhole Bar, Walt's Lil Triangle, and Gene's Lounge. Thomas Park-Avondale also features Thomas Park and Rose Park, both offering playgrounds and picnic areas, and the Crestview Golf Club, which hosts various events. The neighborhood is car-dependent, situated 2 miles southwest of downtown Muncie, with a five to 10-minute drive or a 15-minute bus ride via the Muncie Indiana Transit System. The nearest medical facility, IU Health Ball Memorial Hospital, is 3 miles away, and residents typically use Fort Wayne International Airport or Indianapolis International Airport for travel, located 69 and 73 miles away, respectively.

Home Trends in Thomas Park-Avondale, IN

Housing Trends

Median Sale Price
$495,495
Median Single Family Sale Price
$606,000
Median 2 Bedroom Sale Price
$275,000
Median 1 Bedroom Sale Price
$882,984
Average Price Per Sq Ft
$260
Number of Homes for Sale
4
Last 12 months Home Sales
56
Months of Supply
0.90
Median List Price
$564,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
32%
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