Cash-Flowing Duplex in College Town
800 W Lindweth Place Muncie, IN
$117,500
This 2181 sq ft duplex has an attached garage and plenty of parking in front. The property is walking distance to the beautiful Minnetrista Museum and Gardens and less than 2 miles from Ball State University. One unit is a 3/1 cash-flowing $800 with a mo2mo tenant. The other unit is a 2/1.5 cash-flowing $775. This tenant just renewed their lease through the end of February 2027. Although Total Monthly Income is currently $1575, there is potential to increase your ROI even more!!! Per Rentometer avg monthly income in this area for a 3/1 should be $1236 and for a 2/1.5 should be $1136 providing an Average Total Monthly Potential of $2372. Taxes for Spring 24/25 and Fall 24/25 were each $778. This property is professionally managed.
Click here for additional photos: Pics 800 W Lindweth Pl Muncie, IN – Google Drive