2413 S Gharkey Street, Muncie, IN 47302

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Sold Price
$90,000
List Price
$109,900
Closing Date
Feb 17, 2026
MLS#
22065237
Days on Market
144
Status
SOLD

Property Description

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!

Additional Information

Expenses
1125
Tenant Pays
Cable TV, Electricity, Gas, Other
Owner Pays
Taxes, Sewer, Water, Other
Basement
Partially Finished
Stories
Two
Acres
0.15
Heat
Radiant, Forced Air, Propane
Region
Center

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC. Selling Office: Hoosier, REALTORS®.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative