Duplex Investment
For Sale
$114,900
512 S Talley Avenue, Muncie, IN 47303
Occupied duplex with a month-to-month lease near IU Hospital and BSU.
Property Size1,191 SF
Price / SF$96.47
Days on Market23
Property Features for 512 S Talley Avenue
General Information
Standard status
Active
Size
1,191 SF
Property subtype
Multi-Family
Additional Details
Gross Income
$11,100
Building Details
Year Built
1919
Tenancy
Single
Listing Agency:
NextHome Elite Real Estate
(765) 717-9910
Listed By:
Kathy J Smith · License #36823
Source:
Housesinfortwayne
Added: Aug 9
Changed: Aug 29
Last Checked: Aug 31 at 1:16PM
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 duplex property contains 1,191 square feet and dates to 1919. It is currently occupied by a long-term tenant under a month-to-month lease, providing an existing rental arrangement for the next owner.
The property is located at 512 S Talley Ave in Muncie, Indiana, with proximity to IU Hospital and BSU. The current lease structure offers flexibility for future ownership planning while maintaining occupancy at closing.
The property is located at 512 S Talley Ave in Muncie, Indiana, with proximity to IU Hospital and BSU. The current lease structure offers flexibility for future ownership planning while maintaining occupancy at closing.
Key Highlights
- Duplex property with 1,191 square feet
- Built in 1919
- Long‑term tenant currently occupies the property
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,458
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?
Duplex - Occupied duplex with a month-to-month lease near IU Hospital and BSU.
Where is this duplex located?
The property is located at 512 S Talley Avenue Muncie, IN.
What is the asking price?
The asking price for this property is $114,900.
What are key features of this property?
This property features: Duplex property with 1,191 square feet; Built in 1919; Long‑term tenant currently occupies the property
