Kotohomes Logo
Kotohomes partnered with:
IndyStar | The Indianapolis Star
For Sale For Rent
Advertise
bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
0
acreage
Acreage
0.15
open houses
Open Houses
-
year built
year built
1880
full baths
Full Baths
0
half baths
Half Baths
0
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 features both a duplex and a single-family home on the same parcel-providing three units in one purchase. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 700-702 W 11th, the duplex occupies a corner lot and offers an up/down layout. Each unit features 2 bedrooms and 1 bathroom, with electricity 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. Meanwhile, the single-family home at 1717 S Gharkey is a 2-bedroom, 1-bath ranch boasting a small, fully fenced yard-ideal for tenants seeking privacy or a pet-friendly space. With minimal cleanup, it can be quickly prepared for lease or resale. 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 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
Subdivision Ream Walling & Spurgeons
County Delaware
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
Find out more
Tell us who you are, and we will have someone reach out to you.

By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from Kotohomes, Peter Stewart, and their network of service providers about your inquiry and other home-related matters.

Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.

MLS number: 22015524
Listing agent: Peter Stewart #RB15000083
Listing broker: Keller Williams Indianapolis Metro North (317) 846-6300
Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Wednesday, January 15 2025 at 3:20 a.m. EST
Kotohomes National