Muncie, IN 47302 2413 S Gharkey Common

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Presented By: Jim Gilday with eXp Realty, LLC; Cell: 317-797-5062
  • MLS# 202600002
  • 09/26/2025
  • Get pre-approved
  • Request Tour
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  • Beds • 7
  • Baths • 2
  • SQFT • 2,548

Home Details

Opportunity knocks with this solid, income-producing duplex located in the heart of Muncie, Indiana! These duplex features two separate units, each fully rented with long-term tenants in place-offering immediate cash flow from day one. Each unit is on its own level (not a stacked setup!), with separate entrances for added privacy and convenience. The building spans two stories, but both units are single-level living spaces, making maintenance and tenant turnover simpler. The property is structurally sound, with the owner having completed important updates-most notably the addition of a sewer clean-out in the backyard approximately 2 years ago, helping ensure smooth operation and lower maintenance risk. While the home could benefit from some minor aesthetic updates, the bones are strong, and the layout provides a lot of upside potential. With just a few cosmetic improvements, this could be the perfect investment property or an ideal addition to your growing portfolio or a great starter. Don't miss this rare opportunity to invest in a duplex with great bones, income in place, and plenty of room to increase value over time. Schedule your showing or request more details today!
Presented By: Jim Gilday with eXp Realty, LLC; Cell: 317-797-5062

Interior Features for 2413 S Gharkey Common

Bedrooms

Num. of 1 Bedrooms0
Num. of 2 Bedrooms0
Num. of 3 Bedrooms1
Num. of 4 Bedrooms1
Unit 1-# of Bedrooms4
Unit 2-# of Bedrooms3
Above Grade Bedrooms7
Beds7
Below Grade Bedrooms

Bathrooms

Unit 1-# of Bathrooms1
Unit 2-# of Bathrooms1
Below Grade Baths

Other Interior Features

Unit 1 SqFt1229
Unit 2 SqFt1229
Total Finished SqFt2548
Basement Y/NYes
Above Grade Finished SqFt2548
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt0
Main Level SqFt1229
Num. of Efficiencies0
BasementCrawl, Unfinished
Dishwasher(s)
Disposal(s)
Dryer(s)
FlooringVinyl
Microwaves
Ranges/Ovens2
Refrigerators2
Total Number of Units2
W/D Hookups2
Washers

Other Rooms

Total Rooms Below Grade1

General for 2413 S Gharkey Common

Age71
Agent First NameJim
Agent Last NameGilday
Annual Electric Expense
Annual Fuel Expense500
Annual Insurance Expense300
Annual Trash Expense300
AreaDelaware County
Assoc. Dues FrequencyNot Applicable
Associated Document Count3
Auction Y/NNo
Bathrooms2
CityMuncie
ClassINVESTMENT
CoolingOther
DOM115
Elementary SchoolGrissom
FIPS Code18035
FeaturesCeiling Fan, Off Street Parking, Cable Available, Other-See Remarks
Full Baths2
Half Baths
HeatingForced Air
High SchoolCentral
Legal DescriptionSw Qtr Ne Qtr 0.1500Acres Str: 212010 In: Out:
Middle SchoolNorthside
Net Income5812
New ConstructionNo
OwnerPaysLawn Maintenance, Maintenance, Tax, Other
Pet Restrictions Y/NNo
REONo
Rent Income10488
School DistrictMuncie Community Schools
SewerPublic
StatusActive
StatusActive
Status Detail0
Stories Count2
StyleOther
SubdivisionNone
Tax Year2024
Tenant PaysElectric, Heating, Other
Total Sq Ft2548
TownshipCenter
TypeDuplex
Unit Number2
Virtual TourClick here
Water Access TypeNone
Year Built1954

Exterior for 2413 S Gharkey Common

Approx. Lot Size Acres0.15
Electric Meters2
ExteriorVinyl
Gas Meters2
Lot DescriptionOther
Lot Dimensions81x81
Lot Size Area6534
Number of Parking Spaces2
OutbuildingNone
PoolNo
Road AccessCity
Road SurfaceAsphalt
Water Meters2
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Northside Middle School
Elementary School Grissom Elementary School
High School Central High School

Ryan Orr

Associate
Price $109,900
MLS#202600002
List Date 09/26/2025
Property Type Multi-Family
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