$93,000

Estimated payment $602/month

2 Beds
1 Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Discover a rare investment opportunity with this property featuring two separate dwellings on one parcel in a high-demand Muncie rental area. The north home offers two bedrooms with the potential for a third, a spacious layout, and strong rental appeal. It is currently rented for $875 per month, with tenants responsible for all utilities, making it a low-expense, high-yield unit. The south home is a well-kept one-bedroom, one-bath dwelling that rents for $550 per month and provides reliable, low-vacancy income. Together, these homes offer an excellent blend of cash flow, flexibility, and long-term stability. Whether you're expanding your portfolio or looking for a great house-hack opportunity, 2101 S Mulberry Street delivers immediate income, a strong rental history, and close proximity to Ball State University, local employers, and city amenities. Opportunities like this are hard to find. Schedule your showing today!

Listing Agent

Jared Smith

Mark Dietel Realty, LLC License #RB19002227 Listed on: 11/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,316

Year Built

  • Built in 1919

Lot Details

  • 4,800 Sq Ft Lot

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Basement

Community Details

  • G & O Sub Subdivision

Listing and Financial Details

  • The owner pays for insurance, taxes
  • Legal Lot and Block 1 / 120
  • Assessor Parcel Number 181122109010000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,316

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1919
  • Lot Size Acres: 0.11
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: FreeStand
  • Subdivision Name: G & O Sub
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: markdietel.com
  • Conversion: No
  • Multi Rooms: 9
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Owner Pays: Insurance, Taxes

Exterior Features

  • Road Access: Frontage Road

Utilities

  • Solid Waste: No

Lot Info

  • Current Use: Apt<20, Residential
  • Lot Size Sq Ft: 4800
  • Parcel Number: 181122109010000003
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Net Operating Income: 13550
  • Operating Expense: 1680
  • Insurance Expense: 1570

Tax Info

  • Tax Annual Amount: 1316
  • Tax Block: 120
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 658

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,315 $52,400 $5,100 $47,300
2023 $1,031 $43,700 $4,200 $39,500
2022 $990 $44,100 $4,200 $39,900
2021 $1,000 $44,600 $4,800 $39,800
2020 $784 $33,800 $4,800 $29,000
2019 $805 $34,500 $4,800 $29,700
2018 $861 $37,300 $5,400 $31,900
2017 $863 $37,400 $5,900 $31,500
2016 $863 $37,400 $5,900 $31,500
2014 $1,294 $57,300 $6,500 $50,800
2013 -- $23,800 $6,500 $17,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2025 11/19/25 For Sale $93,000 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Contract Of Sale $43,000 None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 Seller Take Back
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22073602

MIBOR Broker Listing Cooperative®

APN: 18-11-22-109-010.000-003