About This Home

This 0-bedroom, 0-bathroom commercial at 709 S Hutchinson Avenue in Muncie, IN is listed for $655,000. Built in 1964, on a 0.45 acres lot.

Key Features

  • Built in 1964
  • 0.45 acre lot

Property Details

1964

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$3,503/mo

20% down · 6.5% · 30 years

Principal$474
Interest$2,838
Insurance$191

Estimates only. Actual payments may vary.

Location

709 S Hutchinson Avenue

Muncie, IN 47303

Property Details

Flooring

Laminate

Cooling

Wall Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 709 S Hutchinson Avenue is listed at $655,000. The estimated monthly payment is $3,503 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1964, 0.45 acre lot.

This property is listed by Jacob Wagner.

JW

Jacob Wagner

Agent at Coldwell Banker Lunsford

Listed by Coldwell Banker Lunsford · Broker phone: (765) 289-2228 · Broker website

MLS# 202635929· Source: Mid-Eastern Indiana Association of Realtor MLS· 64 days on PropertySimple

Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

709 S Hutchinson Avenue, Muncie, IN 47303

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