Muncie, IN 47302,402 W 7th ST
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Muncie, IN 47302,402 W 7th ST
Muncie, IN 47302,402 W 7th ST
Muncie, IN 47302,402 W 7th ST
Muncie, IN 47302,402 W 7th ST
Listed by Peter Stewart • Keller Williams Indpls Metro N

$61,000

Est. payment /mo

$75,000

18.7%
Est.Price: ?

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402 W 7th ST Muncie, IN 47302

7,840 Sqft Lot

SOLD DATE : 09/05/2025

Key Details

Sold Price $61,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision No Subdivision

MLS Listing ID 22017122

Sold Date 09/05/25

Year Built 1924

Tax Year 2023

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Quadruplex

Property Description

Investor Alert! Discover a remarkable investment package conveniently located near downtown Muncie. Part of a broader offering of 19 units across 7 properties on 5 parcels (totaling $538K), this particular deal is a package of two duplexes on the same parcel for a total of 4 units. Buy only these properties, combine them with other listings, or acquire the entire portfolio. Flexibility is yours. The first duplex is situated at 1323-1325 W Liberty St and the second is located at 400-402 W 7th St, with a shared oversized 1 car garage between the two. They are both single level properties and all units features 1 bedroom and 1 bathroom, with electricity and gas separately metered. Water/sewer are currently on a shared meter, presenting an opportunity for utility restructuring to add additional value and enhance your ROI. Both properties need extensive work and are currently boarded up. All properties in this portfolio are vacant, offering a blank canvas for renovations. Condition levels vary, and the pricing reflects their as-is status-giving savvy investors a prime opportunity to add value and maximize returns. Located within about one mile of each other in and around downtown Muncie, these homes also benefit from convenient access to local amenities and public transportation, further enhancing rental demand. Whether you're looking to expand your portfolio with cash-flowing rentals or prefer a flip strategy, this package provides a golden chance to invest in a rapidly improving area. Don't miss out on these versatile properties-capitalize on this unique opportunity and grow your real estate portfolio today!

Location

State IN

County Delaware

Interior

Heating Forced Air

Cooling None

Fireplace N

Exterior

Garage Spaces 1.0

View Y/N false

Building

Story One

Architectural Style Ranch, Traditional

New Construction false

Schools

School District Muncie Community Schools

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MIBOR MLS
Charles Bell

Charles Bell

Real Estate Advisor | RBRB18000586

+1(765) 532-9814

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