Two-Story Duplex with Newer
For Sale
$69,900
220 S Gharkey Street, Muncie, IN 47305
Residential Income, Muncie, IN
Property SizeContact for details
Lot Size0.08 Acres
Days on Market59
Property Features for 220 S Gharkey Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Basement, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 4
Parking features
On Street
Basement
Unfinished
Subdivision
A & H
Lot features
Corner Lot, Mature Trees
Elementary school district
Muncie Community Schools
Middle school district
Muncie Community Schools
High school district
Muncie Community Schools
Directions
Take State Road 32 to W. Adams Street. Turn onto W. Adams St. and go two blocks to property which is on the corner of S. Gharkey St. and W. Adams St. Also GPS friendly.
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:
Tax Annual Amount
638
Legal 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
(317) 447-7988
Listed By:
R Scott Pallikan · License #RB14027310
(317) 223-7290
Added: Jul 17
Changed: Sep 13
Last Checked: Sep 13 at 2:06PM
MLS# 22114556
Copyright © 2026 Broker Listing Cooperative®. 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.
Built in 1900, this two-story duplex contains two distinct residential units totaling approximately 1,600 square feet. The upper unit measures approximately 506 square feet and includes one bedroom, one bathroom, a kitchen, living room, and separate side entrance. The lower unit is approximately 1,094 square feet with three bedrooms, one bathroom, an eat-in kitchen, formal dining room, and large living room.
The property occupies 0.08 acres and features wood siding, asphalt roofing, natural-gas forced-air heat, window-unit cooling, and on-street parking. The roof is less than 5 years old following a complete tear-off with new decking and gutters, and the furnace is also less than 5 years old. Original woodwork and hardwood floors remain in place for restoration. The property is close to downtown Muncie and a short drive from Ball State University. Offered as-is.
The property occupies 0.08 acres and features wood siding, asphalt roofing, natural-gas forced-air heat, window-unit cooling, and on-street parking. The roof is less than 5 years old following a complete tear-off with new decking and gutters, and the furnace is also less than 5 years old. Original woodwork and hardwood floors remain in place for restoration. The property is close to downtown Muncie and a short drive from Ball State University. Offered as-is.
Key Highlights
- Two‑story duplex with approximately 1,600 square feet across two units
- Upper unit: approximately 506 square feet with one bedroom and a separate side entrance
- Lower unit: approximately 1,094 square feet with three bedrooms and multiple living areas
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,145
Businesses Nearby
Explore this area
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 - Unit mix includes one- and three-bedroom layouts with natural-gas forced-air heating.
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 $69,900.
What are key features of this property?
This property features: Two‑story duplex with approximately 1,600 square feet across two units; Upper unit: approximately 506 square feet with one bedroom and a separate side entrance; Lower unit: approximately 1,094 square feet with three bedrooms and multiple living areas
