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1823 W 8th St
Muncie, IN 47302
Duplex + ADU up to 4 Units Near Ballstate · Multifamily Property For Sale
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4 Units
Investment Highlights
- Duplex + ADU with garage-to-unit expansion creates 3–4 units and boosts rents to $4,600/mo
- Near Ball State with strong student demand; simple utility-ready garage conversion drives major rent growth and ROI upside
- High-demand Muncie market + Infinite Options for this Investment Property
Property Facts
| No. Units | 4 | Building Size | 2,994 SF |
| Property Type | Average Occupancy | 0% | |
| Apartment Style | Mid-Rise | No. Stories | 2 |
| Lot Size | 0.12 AC | Year Built/Renovated | 1900/2015 |
| Zoning | MFR2-4 | ||
| No. Units | 4 |
| Property Type | |
| Apartment Style | Mid-Rise |
| Lot Size | 0.12 AC |
| Building Size | 2,994 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2015 |
| Zoning | MFR2-4 |
Amenities
Unit Amenities
- Balcony
- Cable Ready
- Storage Space
- Kitchen
- Tub/Shower
- Basement
- Handrails
- Lawn
- Mother-in-law Unit
- Patio
- Large Bedrooms
Site Amenities
- 24 Hour Access
- Controlled Access
- Guest Apartment
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $2,500 | 721 - 1,497 |
Property Taxes
| Parcel Number | 18-11-17-480-001.000-003 | Improvements Assessment | $42,300 |
| Land Assessment | $6,800 | Total Assessment | $49,100 |
Property Taxes
Parcel Number
18-11-17-480-001.000-003
Land Assessment
$6,800
Improvements Assessment
$42,300
Total Assessment
$49,100
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