514 W memorial Drive Active Save Request In-Person Tour Request Virtual Tour
Muncie,IN 47302
Key Details
Property Type Single Family Home
Sub Type Site-Built Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,226 sqft
Price per Sqft $49
MLS Listing ID 202539408
Style Two Story
Bedrooms 4
Full Baths 4
Year Built 1890
Annual Tax Amount $800
Tax Year 2025
Lot Size 5,314 Sqft
Property Sub-Type Site-Built Home
Property Description
Investment opportunity in Hartford City! This 4-unit brick property has three units currently occupied and generating rental income, with one vacant unit ready for renovation. Each unit has its own furnace and water heater (installed about 4 years ago), plus separate electric meters for easy tenant utility management. The property also features newer vinyl windows and a recently replaced exterior staircase. Owner covers water, sewer, and lawn care, while tenants handle gas and electric. The vacant unit needs work due to a prior leak.
Location
State IN
County Delaware County
Area Delaware County
Interior
Heating Forced Air
Cooling Window
Building
Lot Description Level
Story 2
Foundation Slab
Sewer City
Water City
Structure Type Brick
New Construction No
Schools
Elementary Schools East Washington Academy
Middle Schools Northside
High Schools Central
School District Muncie Community Schools
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202539408