$1,366

closing credit¹

802 W Charles St Muncie, IN 47305

$115,000
0.10 acres
Multi-Family

Property details

About 802 W Charles St

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!

Highlights

Home typeQuadruplex
HeatingForced Air
StatusActive
BasementYes
Lot size0.1 Acres
Year built1900
MLS #22015528

Summary

  • MLS Number: 22015528
  • MLS Name: MIBOR
  • Office Name: Keller Williams Indpls Metro N
  • Office Email: peter@peterstewartrealty.com
  • Listing Agent: Peter Stewart

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

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to helpdesk@miborsupport.com and DMCAnotice@MLSGrid.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/4/2025, 6:16:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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

view of front of property

$115,000

802 W Charles St

$1,366

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$127,700$7,974
2022$129,100$4,202
2021$119,000$2,488

History based on county public records data.

Nearby schools

6

East Washington Academy

Public District PK-5

1.0 mi

1000 E Washington St

3

South View Elementary School

Public District PK-5

1.1 mi

2100 S Franklin St

4

West View Elementary School

Public District PK-5

1.7 mi

3401 W Gilbert St

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 $14,427. Residents of Muncie, IN typically earn less than $<35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

72%
<35k
27%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

67%
Single, No Kids
16%
Single, with Kids
12%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
7%
12-17 yrs old
24%
18-34 yrs old
44%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • UFCUFC
  • SoccerSoccer

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Forever 21Forever 21
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Burger KingBurger King
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • CadillacCadillac
  • BuickBuick
  • MazdaMazda

What do the neighbors listen to?

  • JazzJazz
  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Muncie, IN

About 802 W Charles St

This home is located at 802 W Charles St in Muncie, IN and zip code 47305. Features: 0 bathroom. It has been listed on Rocket Homes since January 8, 2025 and is currently priced at $115,000.

In January 2025, from all listings sold in Muncie, IN there were more than 6 sold above asking price, over 34 sold below and more than 21 were sold right at the asked price. The number of listings in Muncie, IN increased by 10.2% between December and January 2025. The median list price of listings available in January 2025 was $145,683, while the average time on the real estate market was 48 days.

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

More resources