502 South Mound Street Muncie, IN 47305

Building Details

Year Built

1890

Listing agency Starr Real Estate LLC p***@gmail.com Show Phone

Listed by Heather Clemmons · License #RB14039183 Show Phone

Source Compass

Added: Jul 21, 2025 Updated: Jul 20 at 8:38PM Checked: Jul 21 at 6:05AM

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Investment Insights

Based on property information with market context.

This duplex is configured as two units. Unit 502 is described as having a Section 8 lease, with monthly rent noted at $700. Unit 502 1/2 is currently vacant. The public remarks also state that tenants pay electric, and the owner pays WTS.

The property is offered as part of a potential 11-property package.

The information provided supports a straightforward two-unit income setup with one occupied Section 8 unit and one vacant unit.

Key Highlights

• Duplex built in 1890 with 2 stories and a full basement
• Unit 502 is on a Section 8 lease with monthly rent of $700
• Unit 502 1/2 is currently vacant

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FAQs

What type of property is this?

Duplex - Duplex with one unit on Section 8 and another unit currently vacant, with electric paid by tenants.

Where is this duplex located?

The property is located at 502 South Mound Street Muncie, IN.

What is the asking price?

The asking price for this property is $108,900.

What are key features of this property?

This property features: Duplex built in 1890 with 2 stories and a full basement; Unit 502 is on a Section 8 lease with monthly rent of $700; Unit 502 1/2 is currently vacant