$160,000

1709 S Elm St Muncie, IN 47302

$1,900
Closing credit¹
0.1 acres
Multi-Family

Property details

About 1709 S Elm St

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 Don't miss out!

Highlights

Home typeDuplex
HeatingForced Air
StatusActive
BasementYes
Lot size0.15 Acres
Year built1894
MLS #22025319

Summary

  • MLS Number: 22025319
  • MLS Name: MIBOR
  • Office Name: Boots Realty, LLC
  • Office Email: sales@bootsrei.com
  • Listing Agent: Ryan Boots

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

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Get an agent. Get a mortgage. Save big.¹

view of front of property featuring a porch and a front yard

$160,000

1709 S Elm St

$1,900

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 06, 2022
Home Sold
$22,000

Tax history

YearAssessmentProperty Tax
2023$46,400$1,036
2022$43,100$861
2021$34,800$804
2019$32,500$768
2017$33,000$778

History based on county public records data.

Nearby schools

2

South View Elementary School

Public District PK-5

0.4 mi

2100 S Franklin St

6

East Washington Academy

Public District PK-5

1.1 mi

1000 E Washington St

5

Grissom Elementary School

Public District PK-5

1.3 mi

3201 S Macedonia Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $20,833. Residents of Muncie, IN typically earn less than $<35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

65%
<35k
34%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

51%
Single, No Kids
23%
Single, with Kids
13%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
9%
12-17 yrs old
28%
18-34 yrs old
36%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Muncie, IN

About 1709 S Elm St

This home is located at 1709 S Elm St in Muncie, IN and zip code 47302. Features: 0 bathroom. It has been listed on Rocket Homes since March 6, 2025 and is currently priced at $160,000.

Muncie, IN housing market in February 2025 saw over 11 listings sold above listed price, more than 6 sold at listed price and over 52 sold below. The number of homes for sale in Muncie, IN increased by 2.4% between January and February 2025. In February 2025, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $145,323.

From Rocket Homes Real Estate and based on county public records data.

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