Attention investors! Turnkey, income-producing property ready for its next owner. This unique former schoolhouse has been thoughtfully converted into a duplex, offering two units—each featuring 2 bedrooms and 1 full bathroom. A shared common area includes laundry and a comfortable sitting space for tenants. Situated on a spacious half-acre lot, the property offers plenty of outdoor room. Conveniently located near Ball State University, IU Health, downtown Muncie, and the Cardinal Greenway. Both units are occupied with long-term tenants, making this a strong, immediate income opportunity!
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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