8-Unit Remodeled Apartment
New
For Sale
$665,000
709 S Hutchinson Avenue, Muncie, IN 47303
COMMERCIAL, Muncie, IN
Property Size5,432 SF
Lot Size0.45 Acres
Price / SF$122.42
Days on Market2
Property Features for 709 S Hutchinson Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Heading East on IN-32, turn left onto Nichols Ave, then another left on W White River BLVD. Turn right onto Hutchinson Ave, property on the left.
Subdivision
Delaware County
Standard status
Active
APN
18-11-17-260-010.000-003
Lot size
0.45 Acres
Taxes and HOA fees
Tax Year
51
Tax Description
SUB WSD ADD PT LOT 1012 & N 27.5 FT OF LOT 1067 & VAC ALLEYS
Tax Annual Amount
4998
Legal Description
SUB WSD ADD PT LOT 1012 & N 27.5 FT OF LOT 1067 & VAC ALLEYS
Utilities
Cooling system
Wall Unit(s)
Amenities
washer/dryer hookups
Building Details
Year built
1964
Flooring type
Laminate
Roof type
Asphalt, Shingle
Listing Agency:
Coldwell Banker Real Estate Group
(765) 289-2228
Listed By:
Jacob Wagner · License #RB23000239
(317) 448-8852
Added: Sep 1
Changed: Sep 2
Last Checked: Sep 2 at 10:06AM
MLS# 202635929
Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. 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 multifamily property includes two buildings with 8 apartments totaling 5,432 square feet on a 0.45-acre lot. The unit mix comprises 6 two-bedroom apartments and 2 one-bedroom apartments, with 14 beds and 8 baths overall. Each residence has been remodeled within the past couple of years, and every unit includes washer and dryer hookups. The site also features a utility shed and paved off-street parking.
Built in 1964, the property received a new asphalt shingle roof in 2025. Electricity, gas, sewer, and water serve the site, while water, sewer, and trash are billed back to tenants monthly. The address is on South Hutchinson Avenue in Muncie’s Westside neighborhood, west of Wheeling Avenue and between State Road 332 and White River Boulevard. Ball State University, IU Health Ball Memorial Hospital, Minnetrista Museum & Gardens, and the David Owsley Museum of Art are identified nearby.
Built in 1964, the property received a new asphalt shingle roof in 2025. Electricity, gas, sewer, and water serve the site, while water, sewer, and trash are billed back to tenants monthly. The address is on South Hutchinson Avenue in Muncie’s Westside neighborhood, west of Wheeling Avenue and between State Road 332 and White River Boulevard. Ball State University, IU Health Ball Memorial Hospital, Minnetrista Museum & Gardens, and the David Owsley Museum of Art are identified nearby.
Key Highlights
- 8‑unit apartment community in two buildings totaling 5,432 square feet
- Unit mix includes 6 two‑bedroom apartments and 2 one‑bedroom apartments
- 14 beds and 8 baths across the property
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,433
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Two-building multifamily property with updated residences, individual laundry hookups, paved parking, and public utilities.
Where is this apartment building located?
The property is located at 709 S Hutchinson Avenue Muncie, IN.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: 8‑unit apartment community in two buildings totaling 5,432 square feet; Unit mix includes 6 two‑bedroom apartments and 2 one‑bedroom apartments; 14 beds and 8 baths across the property
