Muncie, IN 47303 1602 W Adams Street

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Presented By: BJ Bowman with Home 2 Home Realty Group; christy@home2homerealtygroup.com
  • MLS# 202534736
  • 08/29/2025
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  • Beds • 3
  • Baths • 1
  • SQFT • 1,030

Home Details

3 bedroom investment property located near BSU. Currently rented at $795 month with a long term tenant but this is below market rate. Leased until 6/2026. Instant cash flow! This property is part of a potential 5 property package with 1600 W Adams St., 216 S Dill St., 1623 N Janney Ave., 512 S Talley Ave.
Presented By: BJ Bowman with Home 2 Home Realty Group; christy@home2homerealtygroup.com

Interior Features for 1602 W Adams Street

Bedrooms

Num. of 1 Bedrooms0
Num. of 2 Bedrooms0
Num. of 3 Bedrooms1
Num. of 4 Bedrooms
Above Grade Bedrooms3
Beds3
Below Grade Bedrooms

Bathrooms

Below Grade Baths

Other Interior Features

Unit 1 SqFt1030
Total Finished SqFt1030
Basement Y/NYes
Above Grade Finished SqFt1030
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt814
Main Level SqFt1030
Num. of Efficiencies0
BasementPartial Basement
Basement MaterialBlock
Dishwasher(s)
Disposal(s)
Dryer(s)1
FlooringCarpet, Laminate
Microwaves
Ranges/Ovens1
Refrigerators1
Total Number of Units1
W/D Hookups1
Washers1

Other Rooms

Total Rooms Below Grade

General for 1602 W Adams Street

Age120
Agent First NameBJ
Agent Last NameBowman
Annual Electric Expense
Annual Fuel Expense
Annual Insurance Expense
Annual Trash Expense
Architctural StyleTraditional
AreaDelaware County
Assoc. Dues FrequencyNot Applicable
Associated Document Count1
Auction Y/NNo
Bathrooms1
CityMuncie
ClassINVESTMENT
Common AmenitiesNone
CoolingNone
DOM
Elementary SchoolWestview
FIPS Code18035
FeaturesBasement
Full Baths1
Half Baths
HeatingGas, Forced Air
High SchoolCentral
Legal DescriptionMOCK ADD E 40 FT LOT 9
LocationCity/Town/Suburb
Middle SchoolNorthside
ModificationTimestamp2025-08-29T14:22:52.7
Net Income7824
New ConstructionNo
OwnerPaysBuilding Insurance, Maintenance, Tax
PROPOSED FINANCINGCash, Conventional
ParkingGravel
Pet Restrictions Y/NYes
REONo
Rent Income9540
School DistrictMuncie Community Schools
SewerCity
StatusActive
StatusActive
Status Detail0
Stories Count1
StyleOne Story
SubdivisionNone
Tax Year2025
Tenant PaysCable, Electric, Fuel, Sewer, Trash Collection, Water, Water Softener
Total Sq Ft1844
TownshipCenter
TypeOther
Virtual TourClick here
Year Built1905

Exterior for 1602 W Adams Street

Approx. Lot Size Acres0.12
DrivewayGravel
ExteriorShingle
FenceNone
Lot Description0-2.9999
Lot Dimensions40x125
Lot Size Area5227
Number of Parking Spaces4
OutbuildingNone
PoolNo
ROOF MATERIALShingle
Water FeaturesNone
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Northside Middle School
Elementary School Westview Elementary School
High School Central High School

Ryan Orr

Associate
Price $109,900
MLS#202534736
List Date 08/29/2025
Property Type Multi-Family
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