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Listed by Danielle Shouse • Shouse Realty Group LLC
$ 120,000
$ 140,000 14.3%
Est. payment | /mo
3,132 SqFt
$ 120,000
$ 140,000 14.3%
Est. payment | /mo
3,132 SqFt
Key Details
Sold Price $120,000
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 3,132 sqft
Price per Sqft $38
MLS Listing ID 22049628
Sold Date 07/29/25
Year Built 1900
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Multi-Family 5+
Property Description
Investor Alert! Fantastic opportunity to own a 5-unit apartment building just minutes from Ball State University. There are FIVE 1-Bed, 1Bath APTS! 2 units upstairs each with a living room, shared balcony area, and 3 units downstairs. With general updates, this multi-family could significantly increase rental income. Updates include new plumbing, new roof, new windows, new doors, new countertops, new water heater, new cabinets, new siding, furnace is not new but works great! Unit #5 has potential to be converted into a 3 bedroom. Ideal for student housing or long-term tenants. Parking lot parking, separate utilities, and a prime location near campus. Don't miss out on this high-potential investment in a sought-after rental area!
Location
State IN
County Delaware
Zoning R3
Rooms
Basement Full
Interior
Fireplace N
Exterior
Utilities Available Cable Available, Natural Gas Available, Sewer Connected, Water Connected
Roof Type Shingle
Building
Story Two
Structure Type Aluminum Siding
New Construction false
Schools
School District Muncie Community Schools
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Zach Williams
REALTOR®