$109,900

411 - 413 W Adams Street, Muncie, IN 47305

  • 3 beds |
  • 4 baths |
  • 3,468 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $32/sqft
  • Property List Date Icon Listed 13 days ago

Property Description

Fully leased duplex in the heart of Muncie's Old West End with stable income and great investment potential! This two-unit property features a 2BR/1.5BA unit (411) and a 1BR/1BA unit (413), both rented through April 30th, 2026 for immediate cash flow. Recent updates include a new wood front porch posts and step railing, new concrete sidewalk, and an updated bathroom in Unit 413. A rare advantage for this area is a 1-car detached garage with additional workshop space, plus 3 off street parking spots. This home also offers a deck on the back for tenants to share and a partial basement, ideal for mechanical access and storage. Current rents total $1,535/mo. with utilities included, with upside potential in the 411 unit when the lease term ends. This is a great opportunity to build equity while benefiting from consistent rental income. Prime location near downtown amenities, restaurants, and campus.

Listing Status:
Pending
Date Added:
December 10, 2025 at 06:00AM
Listing Office:
NextHome Elite Real Estate : 765-729-5181
Listing Agent:
Cortney Felton : 765-748-6334
MLS ID:
202548529
  • Basement: CrawlPartial Basement
  • Flooring: CarpetHardwood FloorsVinyl
  • A/C: None
  • Heating: Forced AirGas
  • Fireplace: None
  • General: Aluminum
  • Style: Two Story
  • Roofing: AsphaltRubberShingle
  • School District: Muncie Community Schools
  • Driveway: Gravel
  • Zoning: PT LOT 18 S16 T20 R10 0.130 AC18-11-16-230-005.000-003
  • Fencing: None
  • Water: City
  • Sewer: City

This listing courtesy of Cortney Felton, NextHome Elite Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

East Washington Academy

1000 E Washington St, Muncie, IN, 47305

Grades PK-5

0.82 miles away

N

Northside Middle School

2400 W Bethel Ave, Muncie, IN, 47304

Grades 6-8

1.90 miles away

M

Muncie Central High School

801 N Walnut St, Muncie, IN, 47305

Grades 9-12

0.67 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.