709 S Hutchinson Avenue Muncie, IN $ 665,000
709 S Hutchinson Avenue
$ 665,000
Recently Listed New Construction
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709 S Hutchinson Avenue

Muncie, IN, 47303
$ 665,000
Bedrooms-- Baths8.0 Sq 5,432

Monthly Estimate*

$ 4,199

709 S Hutchinson Avenue, Muncie, IN 47303 - Image 1
709 S Hutchinson Avenue, Muncie, IN 47303 - Image 2
709 S Hutchinson Avenue, Muncie, IN 47303 - Image 3
709 S Hutchinson Avenue, Muncie, IN 47303 - Image 4
709 S Hutchinson Avenue, Muncie, IN 47303 - Image 5
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Commercial Property for sale in Muncie, IN

for $665,000 with 8 full baths. This 5,432 square foot building was built in 1964 on a lot size of 0.45.

709 South Hutchinson Avenue is an 8 unit apartment community built in 1964, comprising two buildings totaling 5,432 square feet (4,028 and 1,404 square feet) on a nearly half acre lot, plus a utility shed and paved off street parking. The unit mix consists of 6 two bedroom units and 2 one bedroom units, for 14 beds and 8 baths total. Every unit has been completely remodeled within the past couple of years, the property received a new shingle roof in 2025, and washer/dryer hookups in every unit. Water, sewer, and trash are billed back to tenants monthly, helping offset owner operating costs. The result is a well maintained, largely turnkey multifamily asset with minimal near term capital needs for an incoming buyer. 709 South Hutchinson Avenue sits in Muncie's Westside neighborhood, in Delaware County's Center Township, on a paved side street just west of Wheeling Avenue between State Road 332 and White River Boulevard. The property is positioned between the White River and Ball State University, putting it within easy reach of both the university and IU Health Ball Memorial Hospital, two of the area's largest employers and steady sources of rental demand.? Tree lined streets and a mix of mid century ranches and bungalows define the immediate surroundings, and residents are a short distance from Minnetrista Museum & Gardens and the David Owsley Museum of Art. All public utilities, including electricity, gas, sewer, and water, serve the site.

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Commercial Active

Price

$ 665,000

Full Bath

8

Property Type

Commercial

Taxes

$ 4,998

Style

Unknown

Lot Size

0.45

Year Built

1964

Town/City

Muncie

County/Region

Delaware

MLS | Web ID

202635929

Features
General
Heating Gas
Cooling Wall AC
Ceiling Height 8'
Roof Asphalt Shingle
Parking Yes Lot Paved Private
Sewer City
# of Buildings 2
Status Active Active
Bathrooms 8
Year Built 1964
New Construction Yes
Subdivision None
Stories Count 1
Township Center
Class COMMERCIAL
Type Other/Unknown
Age 62
Special Features None
REO No
Status Detail 0
Area Delaware County
City Muncie
Legal Description SUB WSD ADD PT LOT 1012 & N 27.5 FT OF LOT 1067 & VAC ALLEYS
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202635929
Agent First Name Jacob
Agent Last Name Wagner
DOM 1
Tax Year 25/26
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Exterior
Road Access City
Exterior Brick
Lot Size Area 19602
Lot Dimensions Irregular
Parking Type Lot
Waterfront Y/N No
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Interior
Flooring Laminate
Basement/Foundation Slab
Walls Drywall
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* Excluded Features
List By
Jacob Wagner

Listing Agent

Coldwell Banker Real Estate Group

Broker

jwagner@cbcregroup.com

Email

Affordability Calculator

$4,615
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,199
Monthly Property Taxes
$417
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/1/2026$665,000 Listed Price

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709 S Hutchinson Avenue, Muncie, IN, 47303 is a Commercial Property for sale at $665,000 with 5,432 sqft and a lot size of 0.45. 709 S Hutchinson Avenue has 8.0 baths and was built in 1964. The property's zip code is 47303 which is in Muncie, IN