712 W Ashland Ave, Muncie, IN 47304
- $200,000
- 4
- BD
- 2
- BA
- 2,060
- SqFt
Listing courtesy of Steve Slavin from Coldwell Banker Real Estate Group. Cell: 317-701-5006
- List Price
- $200,000
- Status
- ACTIVE
- MLS#
- 202639861
- Style
- Traditional
- Year Built
- 1903
- Days On Market
- Unknown
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 2,060
- Township
- Center
- Subdivision
- Alameda Place
Property Description
Excellent investment opportunity near Ball State University with an established lease already in place! This charming two-story home offers 2,060 square feet of living space, four bedrooms, two full baths, and a detached one-car garage. The home’s character continues to the third floor, where a spiral staircase leads to a loft-style fourth bedroom—a unique and flexible space. The property is currently rented for $1,545 per month through July 2027, providing immediate rental income for the next owner. The tenants would like to remain beyond the current lease term, making this an especially appealing option for an investor seeking an occupied property without the immediate need to locate new tenants. Recent improvements include a remodeled bathroom, replacement of portions of the roof, and several newer windows. Conveniently located between Ball State University and Downtown Muncie, this property offers easy access to campus, dining, entertainment, and other nearby amenities.
Additional Information
- Acres
- 0.14
- Taxes
- $3,722
- Lot Features
- Landscaped, Level
- Water
- City
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Flooring
- Hardwood, Carpet, Vinyl
- School District
- Muncie Community Schools
- Elementary School
- Westview
- Middle School
- Northside
- High School
- Central
- Agent Name
- Steve Slavin
Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. 