Two-Story Duplex with Original
New
For Sale
$69,900
220 S Gharkey St, Muncie, IN 47305
Two separate residences offer distinct layouts, updated major systems, and restoration potential in an as-is property near downtown Muncie.
Property Size3,534 SF
Price / SF$19.78
Days on Market4
Property Features for 220 S Gharkey St
General Information
Standard status
Active
Size
3,534 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 1BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Building Details
Year Built
1900
Buildings
1
Stories
2
Listing Agency:
New Quantum Realty Group
Listed By:
The James Embry Team
(317) 903-0262
Source:
Jamesembry
Added: Sep 15
Changed: Sep 17
Last Checked: Sep 16 at 6:11PM
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 New Quantum Realty Group
Investment Insights
Based on property information with market context.
This two-level duplex contains two separate residences with distinct layouts. The upper apartment measures approximately 506 square feet and includes one bedroom, one bathroom, a kitchen, living room, and private side entry. The lower residence is approximately 1,094 square feet, with three bedrooms, one bathroom, an eat-in kitchen, formal dining room, and a generously sized living room.
Major improvements include a complete roof replacement with new decking and gutters completed less than 5 years ago, along with a furnace that is also less than 5 years old. Original wood trim and hardwood flooring remain throughout portions of the property and can be restored. Located at 220 S Gharkey St in Muncie, the duplex is near downtown Muncie and within a short drive of Ball State University. The property is being sold as-is.
Major improvements include a complete roof replacement with new decking and gutters completed less than 5 years ago, along with a furnace that is also less than 5 years old. Original wood trim and hardwood flooring remain throughout portions of the property and can be restored. Located at 220 S Gharkey St in Muncie, the duplex is near downtown Muncie and within a short drive of Ball State University. The property is being sold as-is.
Key Highlights
- Two‑story duplex with two separate residential units
- Upper unit includes 1 bedroom and approximately 506 square feet
- Lower unit includes 3 bedrooms and approximately 1,094 square feet
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,145
Businesses Nearby
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Business Placement
Demographics for 47305, IN
3,629
Population
2,512
Households
1.4
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
1.3 sq mi
ZIP Area
2,792
Density / Sq Mi
$33,125
Median Household Income
$30,648
Median Earnings
$744
Median Rent
$77,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer distinct layouts, updated major systems, and restoration potential in an as-is property near downtown Muncie.
Where is this duplex located?
The property is located at 220 S Gharkey St Muncie, IN.
What is the asking price?
The asking price for this property is $69,900.
What are key features of this property?
This property features: Two‑story duplex with two separate residential units; Upper unit includes 1 bedroom and approximately 506 square feet; Lower unit includes 3 bedrooms and approximately 1,094 square feet
