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Listed by Jacob Wagner • Coldwell Banker Real Estate Group • Cell: 317-448-8852
$ 665,000
Est. payment /mo
New
709 S Hutchinson Avenue Muncie, IN 47303
0.45 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Other/Unknown
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202635929
Year Built 1964
Annual Tax Amount $4,998
Lot Size 0.450 Acres
Property Sub-Type Other/Unknown
Property Description
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.
Location
State IN
County Delaware County
Area Delaware County
Zoning R-5 Residence Zone
Direction Heading East on IN-32, turn left onto Nichols Ave, then another left on W White River BLVD. Turn right onto Hutchinson Ave, property on the left.
Interior
Flooring Laminate
Appliance Building, Lease
Exterior
Roof Type Asphalt,Shingle
Building
Story 1
New Construction Yes
Others
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IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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