114 E 8th Street Muncie, IN $ 219,000
114 E 8th Street
$ 219,000
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114 E 8th Street

Muncie, IN, 47302
$ 219,000
Bedrooms9 Baths3.0 Sq 3,159

Monthly Estimate*

$ 1,530

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Multi-Family Home for sale in Muncie, IN

for $219,000 with 9 bedrooms and 3 full baths. This 3,159 square foot home was built in 1886.

Investment opportunity! Fully leased trip-plex located on the Southside of down just off S Walnut and not far from Downtown Muncie. Each unit that has 3 bedrooms and 1 bath (plus a living room, kitchen, and the W/D is in the kitchen). One unit that has 2 floors (the one to the right or East). Parking is in the rear. One unit has a newer furnace. Apt 1: leased through 4/2024 at $920 total per month. This total includes a portion of the utilities. Apt 2: leased through 6/2024 at $1000 total per month. This total includes a portion of the utilities and 2 fees. Apt 3 is leased through 5/2024 and is Section 8 at $800 per month. Tenant #3 has gas and electric in their name. Total Monthly Cash Flow is $2,400 after utilities and fees, $28,800 annualized.

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Multi-Family Active

Price

$ 219,000

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 1,268

Style

Traditional

Year Built

1886

Town/City

Muncie

County/Region

Delaware

MLS | Web ID

202339123

Features
General
Heating Gas Forced Air
Cooling Window
Sewer City
# of Buildings 1
Status Active Active
Full Baths 3
Half Baths 0
Bathrooms 3
Year Built 1886
Parking Gravel Street
New Construction No
Tenant Pays Electric Fuel
Subdivision Anthony Park
Style Two Story
Stories 2
Township Center
Class INVESTMENT
Type Triplex
Age 138
Net Income 26532
Rent Income 28800
Features Basement Cable Ready Countertops-Solid Surf Deck Open Detector-Smoke Eat-In Kitchen Porch Covered Twin Sink Vanity Water Heater Gas Washer Hook-Up
REO No
Area Delaware County
Location City/Town/Suburb
High School Central
City Muncie
School District Muncie Community Schools
Architctural Style Traditional
Total Sq Ft 3159
Street Name 8th
Elementary School Southview
Middle School Southside
Legal Description ANTHONY PARK LOT 66
Agent First Name Steve
Agent Last Name Slavin
DOM 199
Tax Year 2022
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Interior
Basement Partial Basement
Flooring Vinyl
Beds 9
Total Number of Units 3
Microwaves 0
Refrigerators 3
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 9
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 9
Ranges/Ovens 3
W/D Hookups 3
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Exterior
Exterior Vinyl
Driveway Gravel
Pool Y/N No
Number of Parking Spaces 0
Lot Size Area 6098
Lot Dimensions X
Lot Description Corner 0-2.9999
Fence None
Outbuilding None
Waterfront Y/N No
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* Excluded Features
List By
Steve Slavin

Listing Agent

Coldwell Banker Real Estate Group

Broker

steveslavin@coldwellhomes.com

Email

Affordability Calculator

$1,635
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,530
Monthly Property Taxes
$106
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1236661 Elementary School
1236559 Middle School
Central High School High School
Pricing History
DatePricePrice ChangeDescription
10/24/2023$219,000 Listed Price

Map


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114 E 8th Street, Muncie, IN, 47302 is a Multi-Family Home for sale at $219,000 with 3,159 sqft. 114 E 8th Street has 9 bedrooms, 3.0 baths, and was built in 1886. The property's zip code is 47302 which is in Muncie, IN