• Property Type
  • Duplex, Residential Income
  • Sqft
  • Area Size
1709 S Elm Street, Muncie, IN 47302
  • $155,000
  • $160,000

Description

Turnkey Duplex Investment Opportunity! Attention investors! This fully remodeled duplex offers an excellent opportunity for immediate cash flow. Renovated in early 2024, this property is professionally managed by Morgan Properties and features two updated units with fully split utilities, allowing the burden of those costs to fall directly on to your tenants. GROSS INCOME: $1,649.00/MONTH Property Highlights: Fully Remodeled (2023/2024) – Modern upgrades throughout both units Immediate Rental Income – Lower unit rented at $949/month, the upstairs unit to be leased on March 10, 2025 at $700/month Tenants Pay All Utilities – Lower expenses for the owner Separate Meters – Tenants responsible for all utilities Professional Management – Professionally managed by Morgan Properties for a turn-key investment opportunity with a team already in place to support you. Located in a growing rental market, this duplex is an ideal addition to any investor’s portfolio. With stable tenants and updated interiors, it’s a turnkey property ready to generate income. Property is being sold As-Is. The property is in need of some maintenance and repairs. Don’t miss out!

  • Address: 1709 S Elm Street
  • City: Muncie
  • State/county: IN
  • Zip/Postal Code: 47302

Details

Updated on August 6, 2025 at 10:02 pm
  • Property ID 22025319
  • Price $155,000
  • Land Area 0.15 Acres
  • Garage Size x x
  • Year Built 1894
  • Property Type Duplex, Residential Income
  • Property Status Expired

Additional details

  • Roof Shingle
  • Cooling None
  • Heating Forced Air
  • County Delaware
  • Property Type Residential Income
  • Parking Alley Access,Concrete

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Contact Information

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Preeti Chaggar

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