1811 W Main Street, Muncie, IN 47304

$157,500 Asking Price

5 beds
2 baths
1,923  sqft
Built in 1928

This 5-bedroom, 2-bathroom single-family property could be your next investment. Convenience is a defining feature of this property, situated just a short walk from the village, which is set to undergo a major redevelopment by the summer of 2024. This property is unique in the fact that it is zoned R-5, which means that it can be converted to a multi-family home at the buyer's discretion. This property is currently rented at $1275 per month through July 2024 and at $1400 per month from August 2024 to July 2025. Don't let this incredible opportunity slip away.

Features & Amenities

Interior

Basement:
Full Basement,Partially Finished
Flooring:
Carpet,Laminate,Tile
A/C:
Central Air
Heating:
Electric
Fireplace:
None

Exterior

General:
Brick,Vinyl

Construction

Roofing:
Dimensional Shingles
General:
One Story, Full Basement,Partially Finished

Location

HOA Amenities:
Not Applicable
School District:
Muncie Community Schools

Lot

Zoning:
R-5 Residence Zone, THOS MORGAN SUB EHLF OF LOT 4 & W11HLF FT LOT 3 BLK 15, 18-11-08-490-003.000-003
Fencing:
None

Utilities

Water:
City

This listing courtesy of:
NextHome Elite Real Estate, Austin Rich

About Muncie, IN

Housing

Number of Units
41,085
Median Home Value
$98,670
Median Rent
$581

42.41% of housing units are renter occupied.

12.43% are vacant.

Commute

Car
76.47%
Public Transportation
1.60%
Walk to Work
5.54%
Work from Home
15.11%
Other
0.81%

The median travel time to work is 18 minutes.

People

Population
88,861
Median Age
37.90
Median Household Size
2.54

Education

High School
34.58%
Associate’s Degree
9.41%
Bachelor’s Degree
13.27%
Graduate Degree
11.17%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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