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Listed by Ryan Boots • Boots Realty, LLC
$105,000
$100,000 5.0%
Est. payment /mo
5,227 Sqft Lot
Sold on 09/22/2026
1001 W 1st ST Muncie, IN 47305
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Key Details
Sold Price $105,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22107611
Sold Date 09/22/26
Year Built 1895
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Duplex
Property Description
Add this income-producing property to your portfolio and start collecting rent from day one. Currently fully occupied, this duplex generates consistent cash flow with tenants already in place. The lower unit features a spacious 3-bedroom, 1.5-bath layout with a large living room and a well-equipped kitchen offering abundant cabinet storage. Recent updates include a new electric range, new refrigerator, updated flooring, and new carpet throughout the unit. A dedicated laundry room adds convenience for tenants. The current tenant pays $900 per month and is responsible for gas and electric utilities. Additional improvements include recent ductwork repairs. The upper unit offers a comfortable 1-bedroom, 1-bath layout with a kitchenette and attractive high ceilings that create an open feel. Large windows provide excellent natural light throughout the space. The unit includes a refrigerator and has benefited from some plumbing updates and new flooring within the last two years. The current tenant pays $600 per month and is responsible for their electric utility. With $1,500 in monthly rental income, recent improvements, and stable occupancy, this property presents an excellent opportunity for investors seeking immediate cash flow and long-term portfolio growth.
Location
State IN
County Delaware
Interior
Fireplace N
Building
New Construction false
Schools
School District Muncie Community Schools
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