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    2413 S Gharkey St Muncie, IN 47302

    For Sale
    $119,900

    Duplex - Muncie, IN

    Type:Duplex
    Lot size:
    0.15 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 2413 S Gharkey St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Security features
    Smoke Detector(s)
    Rooms
    Basement
    APN
    181121252009000003
    Basement Y/N
    1
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Forced Air, Propane (Heating), Radiant

    Building Details

    Year built
    1954
    Number of units
    2
    Roof type
    Shingle
    Architectural style
    Other

    eXp Realty (812) 734-6048 [email protected]

    Listing agent James Gilday (888) 611-3912 License #RB14048800

    Listing date Nov 13, 2025

    MLS# 22065237 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Muncie Duplex: Income Opportunity

    This income-producing duplex is located in Muncie, Indiana. The property features two separate units, each fully rented with long-term tenants. Each unit is on its own level with separate entrances. The building spans two stories, but both units are single-level living spaces. The property is structurally sound, with the addition of a sewer clean-out in the backyard approximately 2 years ago. The 0.15-acre lot is located in the city of Muncie, Indiana, with a ZIP code of 47302, and is situated in Delaware County. While the home could benefit from some minor aesthetic updates, the layout provides a lot of upside potential. With just a few cosmetic improvements, this could be the perfect investment property or an ideal addition to your growing portfolio or a great starter.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.393843
    Latitude
    40.17247

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    FAQs

    What type of property is this?
    Duplex - Income-producing duplex in Muncie with long-term tenants.
    Where is this duplex located?
    The property is located at 2413 S Gharkey St Muncie, IN.
    What is the asking price?
    The asking price for this property is $119,900.
    What are key features of this property?
    This property features: - Income-producing duplex with long-term tenants, offering immediate cash flow.; - Each unit features single-level living with separate entrances, enhancing privacy.; - Structurally sound property with recent sewer clean-out installation.
    (888) 611-3912
    Request Owner's contact information
    2413 S Gharkey St Muncie, IN 47302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2413 S Gharkey St Muncie, IN 47302
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