2017 N Glenwood Avenue, Muncie, IN 47304

$72,500 Asking Price

1 bed
1 bath
520  sqft
Built in 1937

Conveniently situated in the Ball State University area, this 520 sq. ft. investment property offers a fantastic opportunity with a stable rental income of $671 per month, secured until August 2025. It features new vinyl windows, newer carpet in the living room and bedroom, and is equipped with a gas water heater and gas forced air for comfortable and reliable living. This unit, located in a high-demand rental area, is ideal for investors looking for a steady return on investment with essential updates already in place. Property is being sold AS-IS.

Features & Amenities

Interior

Basement:
Crawl
Flooring:
Carpet,Laminate
A/C:
None
Heating:
Gas,Forced Air
Fireplace:
None

Exterior

General:
Asbestos

Construction

Roofing:
Asphalt
General:
One Story, Crawl

Location

HOA Amenities:
Not Applicable
School District:
Muncie Community Schools

Lot

Driveway:
Gravel
Zoning:
R-4 Residence Zone, BELMONT LOT 47, 18-11-04-351-013.000-003
Fencing:
None

Utilities

Water:
City

This listing courtesy of:
NextHome Elite Real Estate, Tom Oliver

About Muncie, IN

Housing

Number of Units
41,085
Median Home Value
$98,670
Median Rent
$581

42.41% of housing units are renter occupied.

12.43% are vacant.

Commute

Car
76.47%
Public Transportation
1.60%
Walk to Work
5.54%
Work from Home
15.11%
Other
0.81%

The median travel time to work is 18 minutes.

People

Population
88,861
Median Age
37.90
Median Household Size
2.54

Education

High School
34.58%
Associate’s Degree
9.41%
Bachelor’s Degree
13.27%
Graduate Degree
11.17%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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