709 S Hutchinson Avenue, Muncie, IN

$665,000

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8

Baths

19,602

Square feet

0.45

Acres

About 709 S Hutchinson Avenue

709 South Hutchinson Avenue is an 8 unit apartment community built in 1964, comprising two buildings totaling 5,432 square feet (4,028 and 1,404 square feet) on a nearly half acre lot, plus a utility shed and paved off street parking. The unit mix consists of 6 two bedroom units and 2 one bedroom units, for 14 beds and 8 baths total. Every unit has been completely remodeled within the past couple of years, the property received a new shingle roof in 2025, and washer/dryer hookups in every unit. Water, sewer, and trash are billed back to tenants monthly, helping offset owner operating costs. The result is a well maintained, largely turnkey multifamily asset with minimal near term capital needs for an incoming buyer. 709 South Hutchinson Avenue sits in Muncie's Westside neighborhood, in Delaware County's Center Township, on a paved side street just west of Wheeling Avenue between State Road 332 and White River Boulevard. The property is positioned between the White River and Ball State University, putting it within easy reach of both the university and IU Health Ball Memorial Hospital, two of the area's largest employers and steady sources of rental demand.? Tree lined streets and a mix of mid century ranches and bungalows define the immediate surroundings, and residents are a short distance from Minnetrista Museum & Gardens and the David Owsley Museum of Art. All public utilities, including electricity, gas, sewer, and water, serve the site.

Features of 709 S Hutchinson Avenue

MLS® # 202635929
Price $665,000
Bathrooms 8.00
Square Footage 19,602
Acres 0.45
Year Built 1964
Type Commercial
Sub-Type Other/Unknown
Status Active

Community Information

Address 709 S Hutchinson Avenue
Subdivision None
City Muncie
County Delaware County
State IN
Zip Code 47303

Amenities

Features None
Parking Lot, Paved, Private
Is Waterfront No

Interior

Interior Drywall
Heating Gas
Cooling Wall AC
# of Stories 1
Basement Slab

Exterior

Exterior Brick
Roof Asphalt, Shingle
Construction Yes

Additional Information

Days on Market 10
Zoning R-5 Residence Zone
Foreclosure No
RE / Bank Owned No

Listing Details

AgentJacob Wagner
OfficeColdwell Banker Real Estate Group
Contact InfoCell: 317-448-8852

Listing Map

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