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1602 W Adams St, Muncie, IN, 47303

3beds
1baths
1,030sqft
$104,900
$102price/sqft
$971/moest. monthly cost
$38,840/yrincome needed

About This Home

3 bedroom investment property located near BSU. Currently rented at $795 month with a long term tenant but this is below market rate. Leased until 6/2026. Instant cash flow! This property is part of a potential 5 property package with 1600 W Adams St., 216 S Dill St., 1623 N Janney Ave., 512 S Talley Ave.

Getting Around

74
WalkingVery Walkable
0
TransitVery Limited Transit
72
BikeVery Bikeable

Schools

3/10
Muncie Central High SchoolGrades PK-121.1 mi
4/10
5/10
Northside Middle SchoolGrades 6-81.5 mi

Construction

Condition

  • Year built: 1905

Materials

  • Foundation: Basement
  • Roof: Shingle
  • Construction materials: Shingle Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Partial,Block

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Carpet,Laminate
  • Finished area below ground: 0
  • Finished area above ground: 1,030

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 1,844
  • Total interior livable area: 1,030 sqft

Property

Details

  • Parcel number: 181116101011.000003

Features

  • Levels: One
  • Stories: 1
  • Fencing: None

Lot

  • Lot size: 5,227 sqft
  • Features: 0-2.9999,City/Town/Suburb
  • Lot size dimensions: 40x125

Parking

  • Total spaces: 4
  • Parking features: Gravel
  • Has uncovered spaces: Yes