Active

1001 W 1st Street

Muncie, IN 47305

$100,000 $421/Mo

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Overview

Bed

Bath

0.12

Acre(Lot)

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 fee l. 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.

Property Details

Property Type : Residential Income

Price : $100,000

AD Id : 84738081

MLS Id : MBR22107611

Lot Size : 0.12 Acre

Year Built : 1895

County : Delaware

Subdivision: No Subdivision

Map

What's Nearby

Nearby Areas

Features

Building Information

Year Built: 1895

Lot Information

Lot Square Feet: 5250 Lot Acres: 0.12

Property Information

Property Type: Residential Income Sub Type: Duplex

Listing Price Information

Original List Price:$100000

Tax Information

Tax Block: 16 Tax Lot: 1 Tax Legal Description: S T N Add Blk 16 Lot 1 Tax Year: 2025 Parcel Number: 181116183008000003

Location Information

Subdivision: No Subdivision City: Muncie Direction: GPS Friendly

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
610 S Council Street, Muncie, IN, 47305	$97,000	--	--	--
907 W Main Street, Muncie, IN, 47305	$165,000	--	--	--

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ByOwner last updated this listing 06/22/2026 @ 06:20

MLS: MIBOR #22107611 LISTED BY: Ryan Boots, Boots Realty, LLC 765-649-3044 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)