Renovated Apartment Portfolio with Commercial
1517 S Walnut Street Muncie, IN 47302
1517 S Walnut Street, Muncie, IN, 47302
$525,000
For Sale
$525,000
Portfolio includes renovated and partially rehabbed apartment units plus a vacant commercial space with a garage.
Property Size5,300 SF
Price / SF$99.06
Days on Market164
Property Features for 1517 S Walnut Street
General Information
- Standard status
- Active
- Size
- 5,300 SF
- Property subtype
- Multi-Family
Listing agency
Inspired Realty
(586) 610-1623
Listed by
Alyssa Burton
(586) 610-1623
Source
Xome
Added: Feb 7 Updated: Jul 20 at 8:19PM Checked: Jul 21 at 3:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Inspired Realty
Investment Insights
Based on property information with market context.
The Walnut Street Apartment Portfolio offers a mix of 10 renovated apartment units, with 2 additional units in partial rehab, plus a commercial space that includes a garage. The units are spread across several adjacent structures, and the portfolio has undergone extensive capital improvements intended to bring multiple systems and interiors up to date.
Reported improvements include new flat roofs, replacement of siding and windows, full rewiring of the electric systems with new meters, and plumbing upgrades. Interior updates include new cabinets and countertops, new flooring, fresh interior paint, new appliances in renovated units, and upgraded bathrooms with new showers/tubs and toilets. Additional scope includes subfloor and drywall replacement, as well as security cameras.
The property is sited on a 0.41-acre lot and includes parcels at 1513–1525 S Walnut St, with the listing address at 1517 S Walnut Street in Muncie, Indiana.
Reported improvements include new flat roofs, replacement of siding and windows, full rewiring of the electric systems with new meters, and plumbing upgrades. Interior updates include new cabinets and countertops, new flooring, fresh interior paint, new appliances in renovated units, and upgraded bathrooms with new showers/tubs and toilets. Additional scope includes subfloor and drywall replacement, as well as security cameras.
The property is sited on a 0.41-acre lot and includes parcels at 1513–1525 S Walnut St, with the listing address at 1517 S Walnut Street in Muncie, Indiana.
Key Highlights
- Walnut Street apartment portfolio with 10 renovated apartment units plus 2 units undergoing rehab across several adjacent structures
- Includes a vacant commercial space with a garage, offering potential for additional income via lease‑up or conversion to units
- 5,300 rentable SF on a 0.41‑acre site, including parcels 1513–1525 S Walnut St
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Portfolio includes renovated and partially rehabbed apartment units plus a vacant commercial space with a garage.
Where is this apartment building located?
The property is located at 1517 S Walnut Street Muncie, IN.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Walnut Street apartment portfolio with 10 renovated apartment units plus 2 units undergoing rehab across several adjacent structures; Includes a vacant commercial space with a garage, offering potential for additional income via lease‑up or conversion to units; 5,300 rentable SF on a 0.41‑acre site, including parcels 1513–1525 S Walnut St
