Remodeled 8-Unit Apartment
New
For Sale
$665,000
709 S Hutchinson Avenue, Muncie, IN 47303
Two buildings feature updated interiors, washer/dryer hookups, and paved off-street parking on a nearly half-acre site.
Property Size5,432 SF
Price / SF$122.42
Days on Market2
Property Features for 709 S Hutchinson Avenue
General Information
Standard status
Active
Size
5,432 SF
Property subtype
Mixed Use
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
6 x 2BR, 2 x 1BR
Multifamily Units
8
Amenities
washer/dryer hookups
Building Details
Year Built
1964
Buildings
2
Listing Agency:
Coldwell Banker Real Estate Group
Listed By:
Jacob Wagner · License #RB23000239
(317) 448-8852
Source:
Cbcworldwide
Added: Sep 5
Last Checked: Sep 5 at 3:23PM
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 Group
Investment Insights
Based on property information with market context.
This 8-unit apartment property at 709 S Hutchinson Avenue includes two buildings totaling 5,432 square feet, with 4,028 square feet in one building and 1,404 square feet in the other. The layout includes 6 two-bedroom units and 2 one-bedroom units, providing 14 beds and 8 baths. Each apartment has been completely remodeled within the past couple of years, and every unit includes washer/dryer hookups. A utility shed and paved off-street parking are also part of the property. Built in 1964, the community received a new shingle roof in 2025.
The nearly half-acre site is served by public electricity, gas, sewer, and water. Water, sewer, and trash are billed back to tenants monthly. The property is on a paved side street 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 nearby.
The nearly half-acre site is served by public electricity, gas, sewer, and water. Water, sewer, and trash are billed back to tenants monthly. The property is on a paved side street 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 nearby.
Key Highlights
- 8‑unit apartment community with 6 two‑bedroom units and 2 one‑bedroom units
- Two buildings total 5,432 square feet: 4,028 and 1,404 square feet
- All units remodeled within the past couple of years
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 buildings feature updated interiors, washer/dryer hookups, and paved off-street parking on a nearly half-acre site.
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 with 6 two‑bedroom units and 2 one‑bedroom units; Two buildings total 5,432 square feet: 4,028 and 1,404 square feet; All units remodeled within the past couple of years
