704 N Alameda Drive
Muncie, IN 47303
Established rental income and a location near Ball State University make this property a compelling addition to an investment portfolio! Leased through July 15th, 2027, at $2,425 per month, the home provides $29,100 in scheduled annual gross rent. Five bedrooms, three full bathrooms, and approximately 2,396 finished square feet, including 1,000 finished square feet in the basement, provide a spacious layout. A tiled foyer welcomes you inside, while basement laundry and off-street parking add everyday convenience. Gas forced-air heat and central air round out the property's features, and the tenants are responsible for all utilities under the lease. Property is currently leased and tenant occupied. Interior photos were taken when the property was staged and do not reflect current tenant furnishings/occupancy. Furniture, decor and personal property shown in the photos are not included in the sale. Sale is subject to the existing lease and tenant rights.
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Agency Name: NextHome Elite Real Estate
Agency Contact: Cell: 765-749-4546
Agent Name: Austin Rich
Shown By
Agent Name: Ida Ludwig
Agent Phone: (219) 608-1298
Agency Title: Coldwell Banker 1st Choice
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AGENT INFORMATION
Coldwell Banker 1st Choice Ida Ludwig (219) 608-1298
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704 N Alameda Drive | MLS# 202643202
This multi-family property located at 704 N Alameda Drive, Muncie, IN 47303 is currently listed for sale with an asking price of $219,900. N Alameda Drive is located within the Muncie Community Schools school district. Search Muncie real estate on iludwig.coldwellbanker1stchoice.com today.