2004 W Jackson Street, Muncie, IN 47303

$155,000 Asking Price

5 beds
2 baths
3,538  sqft
Built in 1905

Immediate Income Producing Investment Opportunity! This 5-bedroom, 2-bathroom home with a full basement, covered front porch and off-street parking is currently leased through July 31, 2025, for $1,865/month (including water, sewage, and trash). Add this property to your rental portfolio now and start generating income immediately! Featuring a full kitchen both upstairs and on the main level, two washer/dryer hookups, and separate exterior entrances, this home offers the flexibility to be converted into a 2-unit rental property if desired. Updates include entire home being renovated in 2017, a new roof installed around 2019-2020, as well as foundation work and replacement of east basement wall in 2020. Property being sold AS-IS - Inspections welcomed for informational purposes, but seller will not make any repairs. Located just a couple of blocks from Ball State University campus, and close to the hospital and downtown Muncie, this property offers an excellent location for attracting tenants. Please allow 24 hour notice for all showing requests.

Features & Amenities

Interior

Basement:
Full Basement,Unfinished
A/C:
None
Heating:
Gas,Forced Air

Exterior

General:
Vinyl

Construction

General:
Two Story, Full Basement,Unfinished

Location

HOA Amenities:
Not Applicable
School District:
Muncie Community Schools

Lot

Zoning:
WESTSIDE LOT 638, 18-11-08-488-011.000-003

Utilities

Water:
City

This listing courtesy of:
NextHome Elite Real Estate, Cortney Felton

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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