2413 S Gharkey Common Muncie, IN $ 109,900
2413 S Gharkey Common
$ 109,900
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2413 S Gharkey Common

Muncie, IN, 47302
$ 109,900
Bedrooms7 Baths2.0 Sq 2,548

Monthly Estimate*

$ 686

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Multi-Family Home for sale in Muncie, IN

for $109,900 with 7 bedrooms and 2 full baths. This 2,548 square foot home was built in 1954.

Opportunity knocks with this solid, income-producing duplex located in the heart of Muncie, Indiana! These duplex features two separate units, each fully rented with long-term tenants in place-offering immediate cash flow from day one. Each unit is on its own level (not a stacked setup!), with separate entrances for added privacy and convenience. The building spans two stories, but both units are single-level living spaces, making maintenance and tenant turnover simpler. The property is structurally sound, with the owner having completed important updates-most notably the addition of a sewer clean-out in the backyard approximately 2 years ago, helping ensure smooth operation and lower maintenance risk. While the home could benefit from some minor aesthetic updates, the bones are strong, and the layout provides a lot of upside potential. With just a few cosmetic improvements, this could be the perfect investment property or an ideal addition to your growing portfolio or a great starter. Don't miss this rare opportunity to invest in a duplex with great bones, income in place, and plenty of room to increase value over time. Schedule your showing or request more details today!

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Multi-Family Active

Price

$ 109,900

Bedrooms

7

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,176

Style

Duplex

Year Built

1954

Town/City

Muncie

County/Region

Delaware

MLS | Web ID

202600002

Features
General
Heating Forced Air
Cooling Other
Water Access Type None
Sewer Public
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1954
New Construction No
Tenant Pays Electric Heating Other
Subdivision None
Style Other
Stories Count 2
Township Center
Class INVESTMENT
Type Duplex
Age 71
Net Income 5812
Rent Income 10488
Unit Number 2
Features Ceiling Fan Off Street Parking Cable Available Other-See Remarks
REO No
Status Detail 0
Area Delaware County
High School Central
City Muncie
School District Muncie Community Schools
Total Sq Ft 2548
Elementary School Grissom
Middle School Northside
Legal Description Sw Qtr Ne Qtr 0.1500Acres Str: 212010 In: Out:
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202600002
Agent First Name Jim
Agent Last Name Gilday
DOM 96
Tax Year 2024
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Exterior
Road Surface Asphalt
Road Access City
Exterior Vinyl
Pool No
Number of Parking Spaces 2
Lot Size Area 6534
Lot Dimensions 81x81
Lot Description Other
Water Meters 2
Electric Meters 2
Outbuilding None
Gas Meters 2
Waterfront Y/N No
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Interior
Basement Crawl Unfinished
Flooring Vinyl
Beds 7
Total Number of Units 2
Microwaves 0
Refrigerators 2
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 7
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 1
Ranges/Ovens 2
W/D Hookups 2
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* Excluded Features
List By
Jim Gilday

Listing Agent

Exp Realty, Llc

Broker

jim@thegildaygroup.com

Email

Affordability Calculator

$784
Per Month
87%
13%
0%
Monthly Principal & Interest
$686
Monthly Property Taxes
$98
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1236119 Elementary School
1235815 Middle School
Central High School High School
Pricing History
DatePricePrice ChangeDescription
12/31/2025$109,900 Listed Price

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2413 S Gharkey Common, Muncie, IN, 47302 is a Multi-Family Home for sale at $109,900 with 2,548 sqft. 2413 S Gharkey Common has 7 bedrooms, 2.0 baths, and was built in 1954. The property's zip code is 47302 which is in Muncie, IN