2802 S Hackley St

Muncie IN 47302

6534 sq. ft.

Duplex

Currently for sale - view listing

Overview

Investment opportunity featuring one occupied unit and one vacant unit ready for lease-up. Unit 2802 is currently rented at $650/month with tenant paying gas/electric, while Unit 2804 has a prospective Section 8 tenant approved at $800/month and expected to move in next month, bringing projected gross monthly income to $1,450/month. Tenants have historically paid their own utilities, helping keep operating expenses low. Recent improvements include updated flooring and interior finishes, along with a newer sump pump and gas heaters replaced within the last five years. This property offers additional value-add potential through future rent increases, operational efficiencies, and continued portfolio optimization. Whether you're a seasoned investor or looking to acquire your first multifamily property, this duplex presents an affordable entry point with established income and upside.

Features

6534 sq. ft. lot size

Duplex

Property history for 2802 S Hackley St

2020

Sold

$18,000

14 May 2020 by Ryan Orr

2020

Sold

$18,000

12 Feb 2020 by Ryan Orr, of REMAX Real Estate Groups | Muncie

Happy sellers in Muncie

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