IN > Muncie > No Subdivision
Muncie, IN 47302,1618 E 24th ST
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Muncie, IN 47302,1618 E 24th ST
Muncie, IN 47302,1618 E 24th ST
Muncie, IN 47302,1618 E 24th ST
Muncie, IN 47302,1618 E 24th ST
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Jeff Landers

Jeff Landers

+1(317) 750-9767
Listed by Richard Graham • JMG Indiana
$ 100,000
Est. payment /mo
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Active

1618 E 24th ST Muncie, IN 47302

2 Beds

1 Bath

936 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 936 sqft

Price per Sqft $106

Subdivision No Subdivision

MLS Listing ID 22033416

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1956

Tax Year 2024

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Single Family Residence

Property Description

Cash flowing 2 bed 1 bath home on Muncie's Southside. Updated 2/1 completed in 2022, new flooring in living room and kitchen, updated appliances and fresh paint inside and out. Current rent is $1190 a month at 20% down return is 9% annualized. $100 rent increase makes that return 14%. Proforma snapshot included in documents. Tenant pays all utilities. Economic growth remains steady with strong housing demand per Indiana Business review. "The most recent forecast from Indiana University's Center for Econometric Model Research shows employment growth of 1.89% over the next two years (2023 Q4 to 2025 Q4).8 Personal income is expected to increase 3.4% through 2027". Property is being offered as part of a 2 unit package, 2nd property is at 1619 E 20th. An additional 4 unit package is also available, addresses and financials included in attached documents. Seller will not work with wholesalers or consider creative finance options. Reach out to listing agent for more information or to arrange showings. Proof of funds and 24hr notice required for all showings.

Location

State IN

County Delaware

Rooms

Main Level Bedrooms 2

Interior

Interior Features Hardwood Floors, WoodWorkStain/Painted

Heating Electric

Cooling Central Air

Fireplace Y

Appliance Electric Oven, Refrigerator, Water Heater

Building

Story One

Foundation Crawl Space

Water Public

Architectural Style Traditional

Structure Type Aluminum Siding,Wood Siding

New Construction false

Schools

School District Muncie Community Schools

MIBOR MLS
© 2025 Listings courtesy of MIBOR as distributed by MLS GRID. All Rights Reserved.

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Jeff Landers

Real Estate Advisor | License ID: RB14050540

+1(317) 750-9767

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I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Jeff Landers, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

I simply cannot recommend Jeff enough to anyone considering buying or selling a home. My experience with him selling my first house has confirmed in my mind that he is absolutely the best in the business. Not only is Jeff outstandingly professional, knowledgeable and experienced but he constantly and consistently went above and beyond for me during this process. His willingness to listen to me when I was panicking and calm me down and go to bat for me in difficult situations is something I am incredibly grateful for. I trust Jeff implicitly and was never steered wrong throughout the entire process. 5 stars is not enough to express my gratitude and stellar experience with Jeff.

RebeccaRoy0