PENDING
$10K PRICE DROP
802 W Charles St Muncie, IN 47305
Old West End NeighborhoodEstimated payment $685/month
Total Views
14,523
3
Beds
2
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Traditional Architecture
- Forced Air Heating System
- 3-minute walk to Clifton Wallace Park
About This Home
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 quadplex. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 802-808 W Charles St, this 4 unit property features two units on the bottom level and two units on top, with a common interior entry. Three units have 1 bedroom and 1 bathroom and one 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!
Listing Agent
Keller Williams Indpls Metro N Brokerage Email: peter@peterstewartrealty.com License #RB15000083 Listed on: 01/08/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Home Design
- Quadruplex
- Traditional Architecture
- Fixer Upper
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Additional Features
- 2-Story Property
- 4,356 Sq Ft Lot
- Forced Air Heating System
- Basement
Community Details
- Prouds Subdivision
Listing and Financial Details
- The owner pays for electricity, gas, sewer, water
- Tax Lot 13
- Assessor Parcel Number 181116207012000003
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | Pending | -- | -- | -- |
| 06/10/2025 06/10/25 | Off Market | $104,900 | -- | -- |
| 06/10/2025 06/10/25 | For Sale | $104,900 | 0.0% | -- |
| 05/27/2025 05/27/25 | Off Market | $104,900 | -- | -- |
| 04/17/2025 04/17/25 | Price Changed | $104,900 | -8.8% | -- |
| 01/08/2025 01/08/25 | For Sale | $115,000 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
Similar Homes in Muncie, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22015528
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