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800 W Charles Street, 
Muncie, IN 47305

$89,000


Bed


Bath


-

Sq Ft


Multi-Family

Pending

Listed by

Peter Stewart

Keller Williams Indpls Metro N

317-846-6300

Last updated:

July 2, 2025, 11:40 AM

MLS#

22015525

Source:

IN MIBOR

About This Home

800 W Charles Street

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 triplex. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 800-800.5 W Charles St, this corner lot property features two units on the bottom level and one unit on top. The two units on the main level both have 1 bedroom and 1 bathroom and the upper unit has 2 bedrooms and 1 bathroom. Electricity is separately metered. Gas and water/sewer are currently on a shared meter, presenting an opportunity for utility restructuring to add additional value and enhance your ROI. With some repairs and cosmetic updates, it can be quickly prepared for lease or resale. This specific property is located in the Old West End Historic District, which is currently experiencing a good amount of revitalization and is within walking distance of downtown and the central business district! 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!

Home Facts

Multi-Family

Built in 1890

Price Summary

89,000

MLS #:

22015525

Last Updated:

July 2, 2025, 11:40 AM

Added:

6 month(s) ago


Structure

Structure

Architectural Style:

TraditonalAmerican

Year Built:

1890


Lot

Lot Size (Sq. Ft):

6,098


Finances & Disclosures

Finances

Price:

$89,000

Source:IN MIBOR
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Contact an Agent

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.