Muncie, IN 47305 1508 E Main Street
$135,000
Pending
28 more
Presented By: Ryan Kramer with RE/MAX Real Estate Groups; Cell: 765-717-2489
Beds • 4
Baths • 2
SQFT • 1,754
Home Details
Great investment opportunity with two 2-bedroom units, both rehabbed within the past year. The upper unit was just completed and features all new appliances, including a stackable washer and dryer, and is fully furnished for short- or mid-term rental use. The lower unit offers a mudroom entry, spacious living room, and a large bedroom with double closets. Parking is available on the street or in the rear, and the detached garage is currently used by the main-floor tenant. Both units are currently occupied. The upstairs unit rents for $1,390 per month (utilities and internet included), while the downstairs rents for $800 per month with no utilities included. Seller is the listing agent and a licensed real estate broker in the State of Indiana.
Presented By: Ryan Kramer with RE/MAX Real Estate Groups; Cell: 765-717-2489
Interior Features for 1508 E Main Street
Bedrooms
Num. of 1 Bedrooms0
Num. of 2 Bedrooms2
Num. of 3 Bedrooms0
Num. of 4 Bedrooms0
Unit 1-# of Bedrooms2
Unit 2-# of Bedrooms2
Above Grade Bedrooms4
Beds4
Below Grade Bedrooms
Bathrooms
Unit 1-# of Bathrooms1
Unit 2-# of Bathrooms1
Below Grade Baths
Other Interior Features
Unit 1 SqFt922
Unit 2 SqFt832
Total Finished SqFt1754
Basement Y/NYes
Above Grade Finished SqFt1754
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt922
Main Level SqFt922
Num. of Efficiencies0
BasementUnfinished
Dishwasher(s)
Disposal(s)
Dryer(s)1
FlooringCarpet, Vinyl
Microwaves1
Ranges/Ovens2
Refrigerators2
Total Number of Units2
W/D Hookups2
Washers1
Other Rooms
Total Rooms Below Grade
General for 1508 E Main Street
# of Buildings1
Age108
Agent First NameRyan
Agent Last NameKramer
Annual Electric Expense1140
Annual Fuel Expense780
Annual Insurance Expense1000
Annual Trash Expense
AreaDelaware County
Assoc. Dues FrequencyNot Applicable
Associated Document Count3
Auction Y/NNo
Bathrooms2
CityMuncie
ClassINVESTMENT
CoolingCentral Air
DOM3
Elementary SchoolEast Washington Academy
FIPS Code18035
FeaturesBasement
Full Baths2
Half Baths
HeatingGas, Forced Air
High SchoolCentral
Legal DescriptionTHK 1 ADD LOT 8
LocationCity/Town/Suburb
Middle SchoolNorthside
Net Income19940
New ConstructionNo
OwnerPaysOther
ParkingOff Street
Pet Restrictions Y/NYes
REONo
Rent Income26280
School DistrictMuncie Community Schools
SewerCity
StatusPending
StatusPending
Status Detail0
Stories Count2
StyleTwo Story
SubdivisionNone
Tax Year2025
Tenant PaysOther
Total Sq Ft2676
TownshipCenter
TypeDuplex
Year Built1918
Exterior for 1508 E Main Street
Approx. Lot Size Acres0.14
DrivewayGravel
ExteriorVinyl
Lot DescriptionLevel
Lot Dimensions50x125
Lot Size Area6098
Number of Parking Spaces3
OutbuildingNone
PoolNo
ROOF MATERIALAsphalt, Shingle
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Northside Middle School
High School
Central High School
Elementary School
East Washington Academy Elementary School
Ryan Orr
Associate