Muncie, IN 47302 1526 S Burlington Drive

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Presented By: Christy Keeley with Home 2 Home Realty Group; christy@home2homerealtygroup.com
  • MLS# 202614749
  • 04/24/2026
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  • Beds • 4
  • Baths • 2
  • SQFT • 2,600

Home Details

Attention investors! Turnkey, income-producing property ready for its next owner. This unique former schoolhouse has been thoughtfully converted into a duplex, offering two unitseach featuring 2 bedrooms and 1 full bathroom. A shared common area includes laundry and a comfortable sitting space for tenants. Situated on a spacious half-acre lot, the property offers plenty of outdoor room. Conveniently located near Ball State University, IU Health, downtown Muncie, and the Cardinal Greenway. Both units are occupied with long-term tenants, making this a strong, immediate income opportunity!
Presented By: Christy Keeley with Home 2 Home Realty Group; christy@home2homerealtygroup.com

Interior Features for 1526 S Burlington Drive

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 SqFt1000
Unit 2 SqFt1400
Total Finished SqFt2600
Basement Y/NYes
Above Grade Finished SqFt2600
Above Grade Unfin. SqFt1300
Below Grade Finished SqFt0
Below Grade Unfin. SqFt1300
Main Level SqFt2600
Num. of Efficiencies0
BasementCrawl, Partial Basement
Basement MaterialStone
Dishwasher(s)2
Disposal(s)
Dryer(s)1
FlooringCarpet, Laminate
Microwaves
Ranges/Ovens2
Refrigerators2
Total Number of Units2
W/D Hookups1
Washers1

Other Rooms

Total Rooms Below Grade

General for 1526 S Burlington Drive

Age126
Agent First NameChristy
Agent Last NameKeeley
Annual Electric Expense
Annual Fuel Expense
Annual Insurance Expense639
Annual Trash Expense
Architectural StyleHistoric
AreaDelaware County
Assoc. Dues FrequencyNot Applicable
Associated Document Count1
Auction Y/NNo
Bathrooms2
CityMuncie
ClassINVESTMENT
CoolingCentral Air
DOM25
Elementary SchoolEast Washington Academy
FIPS Code18035
FeaturesBasement, Ceiling Fan, Near Walking Trail, Attic-Walk-up, Cable Available, Ceiling-9+, Countertops-Laminate, Eat-In Kitchen, Washer Hook-Up
Full Baths2
Half Baths
HeatingGas, Forced Air
High SchoolCentral
Legal DescriptionPT SE QTR SW QTR 0.4400Acres STR: 142010IN:OUT: SW QTR SW QTR 0.1200Acres STR:132010 IN:OUT:
LocationCity/Town/Suburb
Middle SchoolNorthside
Net Income14874
New ConstructionNo
OwnerPaysBuilding Insurance, Lawn Maintenance, Sewer, Water
PROPOSED FINANCINGCash, Conventional
ParkingGravel
Pet Restrictions Y/NYes
REONo
Rent Income19440
School DistrictMuncie Community Schools
SewerCity
StatusActive
StatusActive
Status Detail0
Stories Count1
StyleOne Story
SubdivisionNone
Tax Year2026
Tenant PaysCable, Electric, Fuel
Total Sq Ft5200
TownshipCenter
TypeDuplex
Unit Number1 and 2
Virtual TourClick here
Year Built1900

Exterior for 1526 S Burlington Drive

Approx. Lot Size Acres0.57
DrivewayGravel
Electric Meters2
ExteriorBrick
FenceNone
Gas Meters2
Lot DescriptionLevel
Lot Dimensions171x145
Lot Size Area24795
Number of Parking Spaces4
OutbuildingShed
Outbuilding SqFt120
PoolNo
ROOF MATERIALShingle
Water FeaturesNone
Water Meters1
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
Price $179,900
MLS#202614749
List Date 04/24/2026
Property Type Multi-Family
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