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Sold
  • $61,000

    402 W 7th St, Muncie, IN 47302

    1beds
    1baths
    --sqft
    Multi Family, Quadruplex
    Built in 1924
    -- sqft lot
    $62,000 Zestimate®
    $--/sqft
    $748 Estimated rent

    Home value

    $62,000

    $51,000 - $74,000

    $748/mo

    Zestimate® history
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    Owner options

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    $748/mo

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    $748/mo

    Rent Zestimate®

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    $300/mo

    Est. payment

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    $300/mo

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    What's special

    Single level properties
    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 is a package of two duplexes on the same parcel for a total of 4 units. Buy only these properties, combine them with other listings, or acquire the entire portfolio. Flexibility is yours. The first duplex is situated at 1323-1325 W Liberty St and the second is located at 400-402 W 7th St, with a shared oversized 1 car garage between the two. They are both single level properties and all units features 1 bedroom and 1 bathroom, with electricity and gas separately metered. Water/sewer are currently on a shared meter, presenting an opportunity for utility restructuring to add additional value and enhance your ROI. Both properties need extensive work and are currently boarded up. 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 each other in and around 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!

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Peter Stewart 317-450-9202,

    Keller Williams Indpls Metro N

    Bought with:

    Jordan Phillips

    eXp Realty, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22017122MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Heating
    • Forced Air
    Cooling
    • None
    Features
    • Has basement: No

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached
    • Garage spaces: 1
    • Details: Unit Parking(1 Car Garage, On Street)
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 7,840 sqft
    Details
    • Parcel number: 181116433014000003
    • Special conditions: As Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch,Traditional
    • Property subtype: Multi Family, Quadruplex
    Condition
    • Fixer
    • New construction: No
    • Year built: 1924

    Community & neighborhood

    Location
    • Region: Muncie
    • Subdivision: No Subdivision

    Price history

    DateEventPrice
    9/5/2025Sold$61,000-18.7%
    Source: MIBOR as distributed by MLS GRID #22017122 Report a problem
    6/27/2025Pending sale$75,000
    Source: MIBOR as distributed by MLS GRID #22017122 Report a problem
    5/27/2025Listing removed$75,000
    Source: MIBOR as distributed by MLS GRID #22017122 Report a problem
    4/17/2025Price change$75,000-11.8%
    Source: MIBOR as distributed by MLS GRID #22017122 Report a problem
    1/8/2025Listed for sale$85,000
    Source: MIBOR as distributed by MLS GRID #22017122 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Thomas Park/Avondale

    Nearby schools

    GreatSchools rating
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