Three-Bedroom Multifamily
For Sale
$104,900
1602 W Adams St, Muncie, IN 47303
Income-producing property near BSU Campus with an existing month-to-month tenancy.
Property Size1,030 SF
Price / SF$101.84
Days on Market29
Property Features for 1602 W Adams St
General Information
Standard status
Active
Size
1,030 SF
Property subtype
Multi-Family
Financials
Gross Income
$8,700
Average Monthly Rent
$725
Building Details
Year Built
1905
Listing Agency:
NextHome Elite Real Estate
(765) 717-9910
Listed By:
Kathy J Smith · License #RB14039328
Source:
Callcriswell
Added: Aug 4
Changed: Aug 29
Last Checked: Aug 31 at 7:02PM
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 NextHome Elite Real Estate
Investment Insights
Based on property information with market context.
This multifamily property offers a three-bedroom configuration and was built in 1905. The residence is currently occupied under a month-to-month lease, providing an established rental arrangement for a new owner.
Located at 1602 W Adams St in Muncie, Indiana, the property is near BSU Campus. Its existing tenancy and proximity to the campus distinguish the property within the local residential investment market.
Located at 1602 W Adams St in Muncie, Indiana, the property is near BSU Campus. Its existing tenancy and proximity to the campus distinguish the property within the local residential investment market.
Key Highlights
- Three‑bedroom multifamily property
- Currently rented under a month‑to‑month lease
- Near BSU Campus
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
868
Businesses Nearby
Explore this area
Business Placement
Demographics for 47303, IN
24,069
Population
11,567
Households
2.1
Avg Household Size
30
Median Age
25%
College-Educated
90%
High-School Grad
58.0 sq mi
ZIP Area
415
Density / Sq Mi
$42,556
Median Household Income
$22,497
Median Earnings
$883
Median Rent
$106,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Income-producing property near BSU Campus with an existing month-to-month tenancy.
Where is this multifamily property located?
The property is located at 1602 W Adams St Muncie, IN.
What is the asking price?
The asking price for this property is $104,900.
What are key features of this property?
This property features: Three‑bedroom multifamily property; Currently rented under a month‑to‑month lease; Near BSU Campus
