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Two-Unit Duplex with Garages
New
For Sale
$195,000

5500 Hazelnut Street, Muncie, IN 47304

Each occupied residence has two bedrooms, one bathroom, and a one-car garage.

Property Size1,850 SF
Price / SF$105.41
Days on Market4

Property Features for 5500 Hazelnut Street

General Information

Standard status Active
Size 1,850 SF
Property subtype Multi-Family

Financials

Asking Price $195,000
Gross Income $20,700

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Building Details

Year Built 1969
Listing Agency: Coldwell Banker Real Estate Gr
Listed By: Patton Hall
Source: Pattonhall
Added: Sep 28 Changed: Oct 1 Last Checked: Oct 1 at 11:30AM

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 Coldwell Banker Real Estate Gr

Investment Insights

Based on property information with market context.

Built in 1969, this duplex contains two tenant-occupied residences. Each unit offers 2 bedrooms, 1 bathroom, approximately 891 square feet, and a one-car garage. City water is delivered through a single meter shared by both units, while tenants pay their own electricity.

Both residences are leased on 12-month terms. The property is located at 5500 Hazelnut Street in Muncie, Indiana.

Key Highlights

  • Two units, each with 2 bedrooms, 1 bathroom, and approximately 891 square feet
  • One‑car garage for each residence
  • Both units are tenant‑occupied on 12‑month leases

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Nail Salon HVAC Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

98
Businesses Nearby

Demographics for 47304, IN

30,366
Population
14,303
Households
2.1
Avg Household Size
39
Median Age
41%
College-Educated
95%
High-School Grad
34.7 sq mi
ZIP Area
875
Density / Sq Mi
$67,756
Median Household Income
$33,077
Median Earnings
$951
Median Rent
$161,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Each occupied residence has two bedrooms, one bathroom, and a one-car garage.
Where is this duplex located?
The property is located at 5500 Hazelnut Street Muncie, IN.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms, 1 bathroom, and approximately 891 square feet; One‑car garage for each residence; Both units are tenant‑occupied on 12‑month leases
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