Available
$44,900(ARV: $145,000)31% of ARV

Delaware County, Muncie, IN 47302

5 bd2 ba2,640 sfBuilt 1900

28 days ago

Gross spread$100,100

Description

A great investment opportunity in Muncie. A classic 2-story single-family house, 5 Bedrooms, 2 Baths, 2,640 Sqft, sits on a 0.26-acre lot with a full basement and hardwood floors. The HVAC, Plumbing, Electrical panel and Water heater are old. Will be delivered vacant at closing. A wonderful Fix & Flip or Buy & Hold opportunity! Investment Highlights Highly scalable layout suitable for a single-family flip or high-occupancy rooming rental 11,280 sqft lot with a partially grassed rear yard Full unfinished basement providing additional footprint Traditional turn-of-the-century 2-story wood frame architecture built in 1900 Off-street paved/gravel parking lane supplemented by municipal street parking Located within the Anthony Homestead Addition subdivision in Muncie, IN As-is comp sold for $90k Should rent for $1,500 / month For additional Information, call or text our disposition team at: [contact details hidden] or [contact details hidden]

$/sqft vs market

This deal$17/sqft
Market median$82/sqft
Difference79% below

Median of 28 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms5
Bathrooms2
Square feet2,640
Lot size11,326 sf
Year built1900
ConditionLight Rehab
OccupancyVacant
ParkingUnassigned

Systems & condition

Roof age11-20 yrs
HeatingFurnace · 11-20 yrs
Air conditioningCentral AC
FoundationFull basement
Foundation conditionGood

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing46
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