402 W 7th St

Muncie IN 47302

7750 sq. ft.

Duplex

Last sold for $61,000

Peter Stewart, last sold this property on 05 September 2025 after 239 days on market.

Overview

Investor Alert! Discover a remarkable investment package conveniently located near downtown Muncie. Part of a broader offering of 19 units across 7 properties on 5 parcels (totaling $538K), this particular deal is a package of two duplexes on the same parcel for a total of 4 units. Buy only these properties, combine them with other listings, or acquire the entire portfolio. Flexibility is yours. The first duplex is situated at 1323-1325 W Liberty St and the second is located at 400-402 W 7th St, with a shared oversized 1 car garage between the two. They are both single level properties and all units features 1 bedroom and 1 bathroom, with electricity and gas separately metered. Water/sewer are currently on a shared meter, presenting an opportunity for utility restructuring to add additional value and enhance your ROI. Both properties need extensive work and are currently boarded up. All properties in this portfolio are vacant, offering a blank canvas for renovations. Condition levels vary, and the pricing reflects their as-is status-giving savvy investors a prime opportunity to add value and maximize returns. Located within about one mile of each other in and around downtown Muncie, these homes also benefit from convenient access to local amenities and public transportation, further enhancing rental demand. Whether you're looking to expand your portfolio with cash-flowing rentals or prefer a flip strategy, this package provides a golden chance to invest in a rapidly improving area. Don't miss out on these versatile properties-capitalize on this unique opportunity and grow your real estate portfolio today!

Features

1 carspace

1 garage space

7750 sq. ft. lot size

Duplex

Estimated Value

Based on this property and similar duplexes sold in Muncie over the last 12 months, the estimated median property value of 402 W 7th St is $102.5k.

Median value

$102.5k

Estimated value range

$61k - $135k

Median days on market

Estimated value trend

69%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Muncie. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 402 W 7th St

2025

Sold

$61,000

05 Sep 2025 by Peter Stewart, of Keller Williams Indpls Metro N

2019

Sold

$30,000

10 May 2019 by Kathryn Townsend

Happy sellers in Muncie

We have insufficient information to provide an overview of customer satisfaction for Muncie. Viewing the agent profiles, reviews and sales for Muncie can provide insights for this location.