312 S Gharkey Street
 More Photos

312 S Gharkey StreetMuncie, IN 47305


Active
$325,000 $215K
$110,000
Asking Price
4
Bd
2
Ba
2,700
Sqft
2,614
Sqft Lot

312 S Gharkey Street Muncie, IN 47305


Single Family Property Type
92 daysTime on Dwellane
$120Price per sqft
1910Year Built
Basement
Cash flowing 4 bed 2 bath home. Update completed in 2022, new flooring throughout, updated appliances, fresh interior paint. Furnace and Water Heater less than 3 years old. Current rent is $1000 a month with 20% down return is 8% annualized. $100 rent increase makes that return 13%. Proforma snapshot included in documents. Tenant pays all utilities. Economic growth remains steady with strong housing demand per Indiana Business review. The most recent forecast from Indiana University's Center for Econometric Model Research shows employment growth of 1.89% over the next two years (2023 Q4 to 2025 Q4). "Personal income is expected to increase 3.4% through 2027." Property is being offered as part of a 4 unit package. An additional 2 unit package is also available, addresses and financials included in attached documents. Attached photos were taken before property was rented. Seller will not work with wholesalers or consider creative finance options. For additional questions and to arrange showings reach out to listing agent. Proof of funds and 24hr notice required for all showings
Buyer Blueprint

The plan that gets you home.

Learn More

Year Built

1910

City

Muncie

Type

Single Family Residence

County

Delaware

Lot Size

0.06 ac / 2,614 sqft

Bedrooms

4

Full Bathrooms

2

Half Bathrooms

0

Living Area Total

2,700 sqft

Price per sqft

$120.37

Living Area Main & Upper

1,736 sqft

Connect with a Dwellane Agent

Like what you see? Our trusted agents are ready to help you take the next step.

Listing Agent

Listing Provider

JMG Indiana

MLS #

22033020

Source

MIBOR as distributed by MLS GRID

Last Modified

Tue Jun 24 2025

Listed on

Thu Apr 17 2025


Property History

Loading...
Loading Map...

Schools

Loading...
Loading nearby neighborhoods...