1517 S Walnut Street Muncie, IN 47302

Building Details

Year Built

1948

Listing agency Ellsbury Group

Listed by David Orton · License #RB14052148

Source Crexi

Added: May 4 Updated: Jul 21 at 1:57AM Checked: Jul 21 at 7:21AM

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Investment Insights

Based on property information with market context.

This offering features a 13-unit multifamily property presented as a value-add opportunity. The property is described as positioned for modernization to address an identified quality gap in the local 10–20-unit rental inventory.

The asset is located in Muncie, Indiana at 1517 S Walnut Street.

With its 13 existing units, the property provides a compact multifamily platform for an ownership strategy focused on improvements and repositioning.

Key Highlights

• 13‑unit multifamily asset in Muncie, Indiana
• Built in 1948
• Positioned for modernization/value‑add per the provided remarks

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FAQs

What type of property is this?

Apartment building - Well-suited for value-add, this 13-unit multifamily asset is positioned for modernization in Muncie, Indiana.

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 $505,000.

What are key features of this property?

This property features: 13‑unit multifamily asset in Muncie, Indiana; Built in 1948; Positioned for modernization/value‑add per the provided remarks