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Two-Story Duplex Income Property

220 S Gharkey Street Muncie, IN 47305

New
220 S Gharkey Street, Muncie, IN, 47305
$74,900
For Sale
$74,900

MULTI_FAMILY - Other - Muncie, IN

Property Size1,600 SF
Lot Size0.08 Acres
Price / SF$46.81
Days on Market2

Property Features for 220 S Gharkey Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Basement
Unfinished
Standard status
Active
APN
181116204004000003
Lot size
0.08 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
S S Add W Hlf 0.0000Acres Str: 162010 In: 6 Out:

Utilities

Heating system
Natural Gas, Forced Air
Cooling system
Window Unit(s)

Building Details

Year built
1900
Floors in Building
2
Number of units
2
Building materials
Wood Siding
Roof type
Asphalt
Architectural style
Other
Listing Agency Sunblest Realty
Wedgeport Ln 11727, Fishers, IN
Listed by R Scott Pallikan · License #RB14027310
Added: Jul 17 Checked: Jul 18 at 3:06 am
MLS# 22114556 Listing URL

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This two-story duplex includes an upstairs one-bedroom unit and a downstairs unit with three bedrooms. The upstairs unit features a separate side entrance and includes a bath, kitchen, and living room. The downstairs unit offers an eat-in kitchen, formal dining room, a large living room, and a bath.

The property is located near downtown Muncie and is a short drive to Ball State University. It is being sold as-is.

Recent improvements include a roof replacement less than five years old with a complete tear-off, new decking, and new gutters, along with a furnace that is also less than five years old. The home retains original woodwork and hardwood floors that may be restored.

Key Highlights

  • 2‑story duplex with separate units: upstairs 1 bed/1 bath plus kitchen and living room (approx. 506 SF)
  • Downstairs unit offers 3 bedrooms, 1 bath, eat‑in kitchen, formal dining room, and large living room (approx. 1094 SF)
  • Roof replacement less than 5 years old (complete tear‑off with new decking and new gutters)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Pharmacy Bakery Florist Carpet & Flooring Store Storage Facility Restaurant (Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Two-story duplex with separate side entrance for the upstairs unit and a larger downstairs three-bedroom layout.
Where is this duplex located?
The property is located at 220 S Gharkey Street Muncie, IN.
What is the asking price?
The asking price for this property is $74,900.
What are key features of this property?
This property features: 2‑story duplex with separate units: upstairs 1 bed/1 bath plus kitchen and living room (approx. 506 SF); Downstairs unit offers 3 bedrooms, 1 bath, eat‑in kitchen, formal dining room, and large living room (approx. 1094 SF); Roof replacement less than 5 years old (complete tear‑off with new decking and new gutters)
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