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409 N Pershing Dr, Muncie, IN, 47305

4beds
2baths
1,444sqft
$75,000
$52price/sqft
$781/moest. monthly cost
$31,240/yrincome needed

About This Home

Great investment opportunity with this fully occupied multi-unit rental, featuring both front and back units. The front unit offers three bedrooms, while the rear unit includes one bedroom, providing flexible rental options. Both tenants are currently in place and have expressed interest in staying, allowing for immediate rental income from day one. This property is ideal for investors seeking steady cash flow with the added potential to increase value over time, through gradual updates and renovations. Professionally managed and well-maintained, this has proven to be a successful investment opportunity. Whether you’re expanding your portfolio or entering the investment market, this property offers both income and upside potential.

Getting Around

54
WalkingSomewhat Walkable
0
TransitVery Limited Transit
74
BikeVery Bikeable

Schools

8/10
East Washington AcademyGrades PK-50.2 mi
3/10
Muncie Central High SchoolGrades PK-120.6 mi
5/10
Northside Middle SchoolGrades 6-82.2 mi

Construction

Condition

  • Year built: 1900

Materials

  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Partial

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 3

Features

  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,444

Heating & Cooling

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

Interior Area

  • Total structure area: 2,137
  • Total interior livable area: 1,444 sqft

Kitchen

  • Level: Main
  • Area: 156

Living Room

  • Level: Main
  • Area: 182

Property

Details

  • Parcel number: 181110378019.000003

Features

  • Levels: One and One Half
  • Stories: 1

Lot

  • Lot size: 4,791 sqft
  • Features: Level
  • Lot size dimensions: 40 x 125